Optimum

Creditors have filed a lawsuit against Optimum and its founder, French telecom billionaire Patrick Drahi, alleging fraudulent transfers, according to the Wall Street Journal. The suit, reported in the context of bankruptcy proceedings, accuses the company and Drahi of moving assets in a way that disadvantaged creditors, who are now seeking to claw back value through the courts.

Optimum Nutrition, the sports nutrition brand owned by Glanbia, has introduced a new line of multi-functional shakes. The drinks are positioned to serve several nutritional purposes at once, extending the company's portfolio beyond traditional protein powders and ready-to-drink products. Details on the exact formulation, flavours and launch markets were not immediately available, but the move signals the brand's push into the broader functional nutrition category.

Optimum is bringing its fastest fiber internet service, with speeds up to 8 Gbps, to East Brunswick and South River in New Jersey. The announcement, reported by Broadband Breakfast, signals continued expansion of multigigabit broadband in the region. Details on pricing, rollout timing and eligibility have not yet been made public.