business

Fox Corp. to Acquire Streaming Device Maker Roku for $22 Billion

06/15/2026, 05:37 AM business announcement media Fox Corp. Roku

Fox Corp.'s acquisition of Roku for approximately $22 billion signifies a significant move in media consolidation, reflecting the industry's adaptation to evolving market conditions and competition in streaming services.

KFC Expands Boneless Chicken Offerings and New Drink Options to Regain Market Share

06/15/2026, 04:36 AM business announcement consumer food Yum Brands

KFC is revamping its menu and restaurant designs to regain market share in the competitive chicken quick-service restaurant sector, focusing on boneless chicken options and a wider variety of sauces. This strategic shift comes as the chain faces declining sales in the U.S. and increased competition from rivals like Raising Cane's and Popeyes.

Stocks Making Significant Moves Premarket: SpaceX, United Airlines, Fox Corporation, and More

06/15/2026, 04:36 AM business review Fox Corp. SpaceX APA Exxon Mobil Warner Bros. Discovery Devon Energy United Airlines Roku Chevron

SpaceX shares surged 5% in premarket trading following a strong debut at Nasdaq, while energy stocks fell sharply due to declining oil prices. The mixed performance highlights significant market reactions to company-specific news and broader economic factors.

Senator Elizabeth Warren Urges Trump Administration to Clarify Plans on Raising Social Security Retirement Age

06/15/2026, 02:35 AM business research

Senator Elizabeth Warren is urging the Trump administration to clarify its position on potentially raising the Social Security retirement age, highlighting concerns about the implications for benefits as the trust fund is projected to deplete by late 2032.

Charlie Javice Seeks Pardon from Trump Administration Following Conviction for Defrauding JPMorgan Chase

06/14/2026, 01:36 PM business announcement JPMorgan Chase

Charlie Javice, convicted of defrauding JPMorgan Chase, is pursuing a pardon from the Trump administration, which could have implications for her future and the perception of corporate governance in the financial sector.

Experts Discuss Challenges Facing Trump Accounts in Addressing Wealth Gap

06/14/2026, 06:37 AM business research

Trump Accounts, set to launch on July 4, aim to provide financial security for U.S. children through a $1,000 initial deposit and investments in U.S. stock funds. However, experts express concerns that the program may not effectively reduce the wealth gap due to barriers in enrollment and varying family contributions.

JetBlue Airways Expands Operations in Fort Lauderdale Following Spirit Airlines' Collapse

06/14/2026, 05:36 AM business growth transportation JetBlue Airways

JetBlue Airways is significantly expanding its operations at Fort Lauderdale-Hollywood International Airport, aiming to capitalize on the recent collapse of Spirit Airlines and enhance its market share in the region. This strategic move is crucial for JetBlue as it seeks to return to profitability after two years of losses.

New Student Loan Repayment Plan May Increase Payments for Borrowers, Tax Strategies Can Help Reduce Costs

06/13/2026, 06:36 AM business forecast

The upcoming Repayment Assistance Plan (RAP) for federal student loans, effective July 1, could lead to higher monthly payments for many borrowers, especially those transitioning from the now-defunct SAVE plan. Strategic tax planning may help borrowers lower their payments under RAP by reducing their adjusted gross income (AGI).

Rivian CEO RJ Scaringe Pursues Separate Humanoid Robotics Venture with Mind Robotics

06/13/2026, 05:36 AM business growth ai Rivian

Rivian Automotive's CEO RJ Scaringe is launching a robotics company, Mind Robotics, which aims to develop humanoid robots to work alongside human employees, marking a strategic divergence from Tesla's approach under Elon Musk. This initiative could significantly impact Rivian's operational efficiency and position in the evolving robotics market.

Drugmakers Compete to Innovate in Obesity Treatment Market with New GLP-1 Pills and Alternative Therapies

06/13/2026, 05:36 AM business review healthcare AstraZeneca Novo Nordisk Amgen Pfizer Eli Lilly

The race among drugmakers to develop innovative obesity treatments is intensifying, with Eli Lilly and Novo Nordisk leading the market while new entrants explore alternative therapies. This competition is crucial as it could reshape the landscape of weight-loss medications and impact pricing and accessibility for patients.