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Hyundai Motor to Make Boston Dynamics a Wholly Owned Unit by Buying SoftBank Stake
Hyundai Motor Group is finalizing full ownership of Boston Dynamics this month. The automaker will buy SoftBank Group’s remaining 9.65% stake for $325 million. This move ends a multi-year ownership arrangement dating back to 2021. Hyundai originally paid $880 million for an 80% controlling stake that year. The deal values Boston Dynamics at a far…
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.
Oil Surges to $81 as US-Iran Conflict Escalates Over Strait of Hormuz
WTI crude oil climbs to $81 per barrel as US launches fourth consecutive day of strikes on Iran and reimpose naval blockade of Iranian ports, disrupting global energy supplies.
Subaru Recalls 541,000 SUVs Over Incorrect Weight Labels on July 15
Subaru recalls 541,237 SUVs over incorrect gross axle weight rating labels. Affected models include 2019-2026 Ascent, 2025-2026 Forester, and 2026 Crosstrek Hybrid. Free corrected labels will be mailed starting August 25.
Nvidia Corp (NVDA) Rises 4.06% as Mizuho Financial Group Partners With Chipmaker to Build In-House AI Platform
Nvidia Corp shares climbed 4.06% on July 15, 2026, closing near $211.80. The rally followed news that Mizuho Financial Group will partner with Nvidia Corp to build an in-house AI platform. The Japanese banking giant aims to protect sensitive customer data by avoiding external AI tools. Nvidia’s market capitalization now sits near $5.13 trillion. This…
Senate Democrats Block $1.15 Trillion Defense Bill Over Iran War on July 14
Senate Democrats blocked the $1.15 trillion National Defense Authorization Act on July 14, citing Trump’s unauthorized Iran war. The vote was 50-46, far short of the 60 needed to advance the must-pass bill.
PayPal Stock at $47.37 as Stripe Offers $60.50 Per Share in $53 Billion Buyout Bid
PayPal stock has moved back into focus after reports on July 15, 2026, said that Stripe and private equity firm Advent International had offered $60.50 per share in a proposed $53 billion buyout. The offer values PayPal well above its recent trading price of $47.37 and has sparked fresh interest in what could become one…
SpaceX Loses Momentum: Stock Falls to $136.08 After $850 Billion Value Wipeout
SpaceX shares fell to $136.08 Tuesday, extending a brutal slide since its June IPO. The stock has now dropped roughly 39.7% from its June 16 peak of $225.64. That decline has erased close to $850 billion in market value. SpaceX debuted on Nasdaq June 12, 2026, pricing shares at $135 in the largest IPO ever. …
IBM Stock Plunges 25% on July 14 as Q2 Earnings Miss Targets
IBM stock crashed 25% after preannouncing Q2 results that missed analyst expectations. Revenue came in at $17.2 billion versus $17.86 billion forecast, with customers prioritizing AI servers and memory over mainframe products.