Valued at a market cap of $118 billion, Lockheed Martin is among the largest defense companies globally.  The defense manufacturer is buying its way deeper into undersea warfare, a corner of the military business that has quietly become one of the most valuable in the world.  The timing of the deal is notable, given that […]

Last year, the U.S. government allowed the $7,500 tax credit for new electric vehicles and the $4,000 credit for used ones to expire at the end of September, leading to an inflated buying rush through the first three quarters of the year, followed by a dramatic drop-off in the final quarter. U.S. EV market share

Americans collectively owed $1.252 trillion in credit card debt at the end of the first quarter of 2026, according to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, released May 12. The numbers reveal how families are covering the widening gap between income and expenses, and why revolving interest

A plant closure not only changes a company’s manufacturing map but also reshapes the local job picture in a single city, especially when the facility has operated as part of a larger food or beverage production network. TheStreet has reported pressure across several industries, from food manufacturers and meat processors to distributors and logistics companies,

Tesla has spent months pushing employees to use artificial intelligence as aggressively as possible. The company was tracking which engineers consumed the most compute, running internal promotions, and encouraging staff to experiment freely with AI tools. Leadership sent company-wide emails urging workers to try new platforms. Starting July 6, Tesla is capping each employee’s spending

Convenience store chains command customer loyalty, and sometimes cult-like followings, on a local and regional level. While 7-Eleven has built a national brand, even major regional players such as Wawa, Sheetz, and RaceTrac inspire fierce loyalty in their home markets but remain far less recognizable nationally. Despite rising price sensitivity at the pump, both consumers

Micron Technology (MU) just issued a different kind of artificial intelligence caution to investors. The dismal earnings picture isn’t the problem. It is not because demand is collapsing. It does not even arise from an obvious shift in the memory-chip cycle. Instead, the warning comes from the stock. Micron’s stock has tanked since the company

Southwest Airlines built its business on being an airline that allowed its employees, even encouraged them, to have personality. Before it dropped its in-flight magazine during the Covid pandemic, that publication had a section featuring stories about flight attendants, pilots, gate workers, and other personnel going above and beyond for passengers. You might get a

AMD Ventures has taken a stake in Turing, a Japanese self-driving startup, and Turing has begun running part of its AI training on AMD chips instead of Nvidia’s. The deal itself is tiny. AMD hasn’t disclosed how much it invested, and Turing has never sold a car. Yet AMD shares jumped roughly 3% in premarket

The craft beer apocalypse has claimed another beer brand, but this time, a major private label sold exclusively at Costco will disappear after less than two years on the market. Giant warehouse retailer Costco has discontinued its co-branded Kirkland Signature Helles-Style Lager and Kirkland Signature Vintage Ale, which it launched with Deschutes Brewery in December