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Think about the last time you actually thought about how a payment worked. You probably didn’t. You tapped, you paid, it was done. Modern payment systems are designed so you never need to think about them. But behind that seamless experience, the pipes that actually move money around are being rebuilt from scratch. The old […]

EchoStar is going through one of the roughest stretches in its history, and the news keeps piling up fast. Just days after two of its subsidiaries filed for bankruptcy protection, the company disclosed that a longtime executive is stepping down from his leadership roles entirely. The timing has raised plenty of questions among investors and

Every billionaire obsession comes with a bill, and for a quarter century, one man has quietly paid his out of a single pocket. No shareholders. No bankers. No outside voices at the table. Just one founder, one improbable dream, and a steady drip of stock sales to keep the rockets coming. That founder is Jeff

After investing billions to expand its U.S. footprint, IKEA is now shutting down part of the very strategy it once viewed as key to reaching more customers. The retailer, known for its warehouse-sized stores, immersive showrooms, and iconic Swedish meatballs, has spent years experimenting with new ways to reach shoppers beyond its traditional big-box locations.

It has been a tough year for multiple smaller theme and amusement parks across the country. The family-run Brean Theme Park in the British town of Somerset was assigned to liquidators at the start of 2026 while Wild Waves Theme and Water Park in Washington State and Fun Spot America in Atlanta are both currently running

Live sports are the last thing on American television that everyone still watches at the same moment. Scripted hits get binged alone. Award shows shed viewers every year. But when the national team plays a knockout match in July, tens of millions of people show up at once, and advertisers pay dearly for the privilege.

I have covered AMD twice this July. First, Goldman Sachs raised its price target to $640 from $450 on July 5. And before that, when Wells Fargo made the same fundamental argument at the start of the month.  Both times, the central thesis was the same: The server CPU story is being underappreciated, while the

With the U.S.-Israeli strike on Iran and subsequent closure of the Strait of Hormuz sending the price of jet fuel up to highs unseen in years, multiple small and mid-size airlines have had to file for bankruptcy in the first half of 2026. While the collapse of Spirit Airlines is the most high-profile, Mexican holiday

I covered Chevron CEO Mike Wirth’s stark warning about oil price pressure building through June and July, and the IEA data showing global inventories drawing down at a record pace.  This week, on July 7, ExxonMobil gave investors the first concrete look at what those dynamics are actually worth in dollar terms. The numbers are

Food manufacturing companies continue to grow even as the jobs behind familiar grocery products shift. For shoppers, the change may not be immediately obvious, as snack bars, candy, crackers, and pet-food brands can still be on shelves at Walmart, Target, Costco, and other grocery chains.  But behind the scenes, companies are consolidating plants, moving production