Agility Robotics, the Oregon-based maker of the humanoid warehouse robot Digit, announced on June 24, 2026, that it will go public through a merger with a special-purpose acquisition company (SPAC), valuing the firm at $2.5 billion. The move marks the…
Online spending in the U.S. surged to $8.3 billion on the first day of Amazon’s 2026 Prime Day event, topping Adobe’s revised estimate of $7.9 billion. Adobe projects total online sales for the four-day promotion will reach $26.3 billion, a…
Automotive journalists love to play the hypothetical car-buying game, and Jalopnik’s latest thought experiment is a doozy: if you had $250,000 to spend exclusively on brand-new cars—no used, no dealer auctions, no loopholes—what would you drive home? The catch? You…
Global fertilizer exports through the Strait of Hormuz have rebounded significantly following an interim U.S.-Iran peace agreement, easing supply chain disruptions that had threatened food inflation. At least 16 vessels carrying crop nutrients have exited the strait since the deal,…
Texas has revoked 6,407 non-domiciled commercial driver’s licenses (CDLs) held by foreign truckers after federal auditors uncovered systemic licensing violations. The move follows a Federal Motor Carrier Safety Administration (FMCSA) audit that flagged a 49% failure rate in a sample…
The national average retail price of diesel in the U.S. has fallen to $4.98 a gallon, marking the first drop below $5 since mid-March, according to the American Automobile Association. This decline offers some relief for one of the global…
Oil prices have fallen, with Brent crude dropping $1.59 to $75.21 a barrel and US crude falling $1.67 to $71.54 a barrel, as President Donald Trump threatens to investigate oil companies for price gouging. The decline in oil prices is…
Texas has revoked 6,407 non-domiciled commercial driver’s licenses (CDLs) issued to foreign truckers after Federal Motor Carrier Safety Administration (FMCSA) auditors uncovered systemic licensing violations. The state’s Department of Public Safety (DPS) confirmed drivers received downgrade notices, allowing them to…
FedEx Corp. posted adjusted fourth-quarter earnings of $6.31 per share on June 23, 2026, beating Wall Street’s forecast of $5.97 per share. Despite the profit beat, the company’s shares fell 5.4% after its profit margin of 8.4% missed expectations. FedEx…
Amazon’s four-day Prime Day sale ends June 26, and bargain hunters are scrutinizing prices more closely than ever amid high gas prices following the Iran war. Adobe projects U.S. consumers will spend $26.3 billion online during the event, a 9%…