business

Fanatics CEO Michael Rubin Discusses Future Business Opportunities and Excludes Ticketing and Sports Broadcasting

07/18/2026, 08:31 AM business growth

Michael Rubin's Fanatics has evolved into a dominant global sports platform, significantly expanding its reach in merchandise, collectibles, and betting, while also planning to launch a branded credit card. The company's growth trajectory and strategic focus on enhancing fan experiences position it as a key player in the sports industry.

Bipartisan Bill Aims to Provide Tax Relief for Fraud Victims Facing Tax Liabilities on Stolen Money

07/18/2026, 07:30 AM business announcement

A new bipartisan bill in Congress aims to provide tax relief for victims of fraud by eliminating restrictions on deducting theft losses and waiving penalties for early withdrawals from retirement accounts. This legislation is significant as reported fraud losses have surged nearly 430% since 2020, impacting many individuals financially.

'WarshGPT': Wall Street Adapts to Federal Reserve’s New Communication Era

07/18/2026, 05:30 AM business research finance

F/m Investments has developed an AI tool named 'WarshGPT' to help investors interpret the Federal Reserve's new communication style under Chairman Kevin Warsh, which is characterized by less forward guidance and simpler messaging. This shift could lead to increased market volatility and uncertainty for investors trying to predict Fed actions.

Analysts Morgan Stanley forecast K-beauty sales in the U.S. to reach $4 billion by 2026, driven by rising consumer demand

07/18/2026, 04:31 AM business forecast Analysts: analysts, Morgan Stanley consumer Ulta Beauty Target

The rapid rise of Korean beauty products in the U.S. market, exemplified by Olive Young's successful store openings, indicates a significant shift in consumer preferences towards K-beauty, which could reshape the beauty retail landscape and impact major players in the sector.

Biotech Companies Explore GLP-1 Weight-Loss Drugs for Overweight Cats

07/17/2026, 10:30 PM business research healthcare

Recent developments in veterinary medicine indicate that GLP-1 weight-loss treatments, similar to those used for humans, are being tested for overweight cats, potentially transforming pet healthcare and creating new market opportunities for biotech and pet food companies.

President Trump Criticizes Canada for Wildfire Smoke Impacting U.S. Air Quality and Plans to Adjust Tariffs

07/17/2026, 01:36 PM business announcement

President Trump's criticism of Canada over wildfires impacting U.S. air quality could lead to increased tariffs, highlighting the economic implications of environmental issues.

FAA Restores Boeing’s Authority to Issue Airworthiness Certificates for 737 Max and 787 Dreamliner

07/17/2026, 11:36 AM business announcement aero_defense Boeing

The FAA's decision to allow Boeing to issue airworthiness certificates for the 737 Max and 787 Dreamliner marks a significant regulatory milestone, reflecting improved confidence in the company's safety protocols after previous crises.

Analysts expect limited long-term impact on Yum Brands (YUM) from Taco Bell’s cyclosporiasis outbreak

07/17/2026, 10:37 AM business review Analysts: analysts food consumer Yum Brands

The recent cyclosporiasis outbreak linked to Taco Bell is expected to have a limited long-term impact on the company and the broader restaurant sector, despite causing temporary stock declines and health concerns among consumers.

SpaceX Shares Decline 5.5% Amid Market Concerns, Retail Investors Remain Optimistic

07/17/2026, 10:37 AM business review finance SpaceX Goldman Sachs Morgan Stanley

SpaceX's stock has seen a significant decline since its IPO, dropping 5.5% recently and raising concerns among investors about the readiness of the market for such a large valuation. Despite this downturn, some investors remain optimistic about the company's long-term potential.

Chinese Automakers Gain Popularity in the UK as Sales Surge

07/17/2026, 07:36 AM business growth auto

Chinese automakers are rapidly gaining market share in the UK, with sales of Chinese vehicles surging from just 384 in 2015 to over 285,000 last year, driven by competitive pricing and appealing technology.