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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.
Reagan National Airport Halts 126 Flights for Iraqi PM Security on July 15
Reagan National Airport halted 303 flights and canceled 126 more on July 15 due to security measures for Iraqi PM Ali al-Zaidi’s White House visit during wartime talks with President Trump.
Costco Opens 7 Warehouses in August as Expansion Accelerates
Costco plans to open 7 new warehouses in August across Albany, Oconomowoc, Otsego, Mansfield, Celina, Stone Mountain, and Lee’s Summit as part of its 26-store 2026 expansion.
Canadian Wildfire Smoke Blankets Northeast, Midwest as Air Quality Alerts Spread
Canadian wildfire smoke spreads across the Northeast and Midwest on July 15, forcing air quality alerts in Michigan, New York, Pennsylvania, and Massachusetts. Health officials urge residents to stay indoors.
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.
House GOP Ends Weeks-Long Blockade After Conservative Rebellion Over Voter ID Bill
House Republicans ended their weeks-long blockade after Speaker Johnson agreed to attach the SAVE America Act voter ID bill to appropriations legislation, allowing votes on State Department funding and veterans benefits.
IKK Classic Raises Health Insurance Surcharge to 3.85% on July 15
IKK Classic increases supplementary health insurance contribution by 0.45 percentage points to 3.85% from August 1, 2026. Employees face up to €13 monthly increase; self-employed pay up to €26 more.
Reagan National Airport Halts 126 Flights for Iraqi PM Security on July 15
Reagan National Airport suspended flights from 11 a.m. to 3 p.m. ET on July 15, canceling 126 flights and delaying over 300 others due to security measures for visiting Iraqi Prime Minister Ali al-Zaidi.