Several media outlets have reported that Disney CEO Bob Iger is looking to sell the broadcast network ABC and potentially more. Although inside sources have reportedly confirmed to outlets like...
Federal Reserve Might Hold Rates Steady
Federal Reserve officials will deliver their next policy statement and interest rate decision on Wednesday, with current estimates placing the probability of a rate increase at a negligible 1%,...
Texas-Based Investor Files for Bankruptcy
The subsidiary of a Texas-based real estate investment trust (REIT) is seeking bankruptcy protection. Houston-based Silver Star Properties REIT Inc. (Silver Star Properties) announced that Hartman...
Tesla Innovation Could Change the Game
Legacy automakers could find it more difficult to compete against Tesla following a recent "gigacasting" breakthrough that would allow the electric vehicle maker to produce its cars at half the...
Craft Ice Startup Relocates HQ to North Texas
A Philadelphia-based startup specializing in the production of “crystal clear, tasteless, slow-melt ice spheres” for beverages has relocated its headquarters to North Texas. Craft ice startup Lux...
UAW Strike Enters Day 4
Negotiations between United Auto Workers and auto manufacturers General Motors, Ford, and Stellantis are continuing as strike activity on the part of the union enters its fourth day on Monday. As...
Tech Giants Talk AI Risk at Historic Forum
Leading tech industry titans held a private meeting with the U.S. Senate this week to discuss some of the potential risks surrounding artificial intelligence. For months, senators have been working...
Target, Kendra Scott to Debut Jewelry Collection
Target has entered a new "strategic, long-term partnership" with Kendra Scott to bring a new exclusive collection to select Target locations this fall. Kendra Scott LLC is an Austin-based company...
UAW Strikes at Big 3 Detroit Automakers
Thousands of U.S. auto workers went on strike Friday after labor negotiations with three Detroit automakers failed to culminate in a deal by the September 15 deadline. The United Auto...
Smucker’s Agrees to Buy Hostess for $5.6B
The J.M. Smucker Co. has purchased Hostess Brands, Inc. in a deal worth more than $5 billion. Hostess Brands Inc., the company behind classic snack foods like Twinkies, DingDongs, and HoHos,...
OPEC Counters ‘Dangerous’ Energy Agency Prediction
OPEC has responded to the leading global energy policy organization’s declaration that the world could and should scrap fossil fuels before the decade’s end, stating that such a development would...
VIDEO: Tesla Seeks $100M for EV Semi Chargers
Austin-based Tesla Inc. has approached the U.S. federal government with a funding request for almost $100 million to realize a plan to create an electric vehicle charging network for semi-trucks....
$2.7 Trillion Needed To Reach Net Zero Emissions
A new report suggests that $2.7 trillion yearly would be required to achieve net zero emissions by 2050. Wood Mackenzie, a global insight business for renewables, energy, and natural resources,...
Federal Report Clocks August Inflation Uptick
Inflation accelerated in the United States in August, marking the biggest monthly increase in over a year and sending mixed signals over the possibility of another Fed interest rate hike later this...
TX Among Top Five States for Business Growth
The Lone Star state is one of the best markets in the country for new business growth in 2023. The U.S. economy has experienced a wave of record-breaking job growth in the first half of 2023, with...
Kroger To Divest 400+ Stores in Merger
The grocery chain Kroger plans to sell more than 400 stores and other assets to C&S Wholesale Grocers as part of a comprehensive divestiture plan required under its proposed merger agreement...
Union Threatens Automakers With Strike
Labor negotiations between the United Auto Workers and the “Big Three” U.S. car manufacturers could boil over into a full-blown strike if a collective bargaining agreement isn’t reached by Thursday...
VIDEO: SpaceX Must Take Corrective Actions
The Federal Aviation Administration announced on Friday that it has officially closed its investigation into the SpaceX Starship Super Heavy mishap, identifying 63 corrective actions that SpaceX...
Square Outage Disrupts Small Businesses
Small businesses across the nation were left reeling after Square and Cash App, financial services platforms operated by Block, experienced a service outage this week, which disrupted the operations...
Peloton Exercise Bike Allegedly Kills Man
A new lawsuit against fitness brand Peloton has recently come to light. Peloton Interactive Inc. is at the center of litigation involving the first known death allegedly caused by the company’s...
Philly-Inspired Italian Ice Arrives in Dallas
Philadelphia’s favorite frozen treat has found a new home in Dallas. A new food truck called So Icy, which serves “water ice” -- aka Italian ice --- among other menu items, recently opened in...
