All stories, page 9
Business news written here, in plain English, for people who run something. Every story is ours.
Tuesday, October 13
MIT researchers find utility-scale solar lowers residential electricity prices
Big solar farms are actually dropping your power bill. Rooftop panels are doing the exact opposite for most people. Researchers at MIT studied energy prices across the country. They found large solar plants cut costs by removing fuel needs.
Grocery store refrigeration upgrades cut energy bills by $10,000 yearly
Your store cooling systems run all day long. That steady hum is costing you real money. Replacing old units cuts energy use by 10 percent. You save $800 every month on your electric bill. Older systems also cost more to fix and maintain. Stop paying for the extra power you do not need.
Lowe’s starts Black Friday sales in October to boost holiday revenue
Lowe’s is starting its Black Friday deals early. Shoppers are looking for discounts weeks ahead of time. The store launched an AI tool called Mylow. It helps you plan decor and organize holiday hosting. This move aims to capture early holiday spending money.
Maryland and other states push new taxes on rental car fleets
States are targeting rental car company fleet purchases. They want to add a new sales tax. This creates double taxation on every single rental. Your Rental costs could rise as a result. Business equipment should not be taxed like this. It hurts the bottom line for these firms.
Delivery company Evri tests two-legged robots carrying 30 pounds to front doors
The courier company is running the tests in the north of England using machines from Refined Robotics, a developer based in Japan. Evri claims this is the first test of its kind in Europe.
History Maker Homes sold to Century Communities after 75 years
The Mitchell family just sold their homebuilding business. They built 25,000 homes over five generations in Texas. They kept their land development and rental companies instead. This move shows a major shift in real estate strategy. You should check if your own business model is efficient.
Monday, October 12
Volkswagen recalls 22,524 ID4s
Volkswagen, a car maker, recalls cars. Cars have battery fires. Cause is unknown.
Hackers steal up to $93.2 million through tampered Ledger devices
Ledger is investigating reports of $86 million in stolen cryptocurrency. The company confirmed that the issue originated from an approved reseller named Crypto Bilis.
UK government promises new rules for Heating oil as prices double
Heating oil prices have doubled in one year. Millions of households are now paying much more. The government promises new rules to help people. But there is no date for these changes yet. You might still pay high prices this winter. Check your tank levels and plan your budget carefully.
JP Morgan raises Apple stock target to $360 despite production rumors
Apple stock wobbled after reports of iPhone production cuts. Experts at JP Morgan say the drop is normal. They just raised their price target to $360. Demand for the new iPhone Duo is looking strong. This could balance out the slower sales elsewhere.
Grocery shoppers want more healthy and global meals in deli sections
Deli prepared foods are growing faster than any other deli category. Many customers feel the current options are too boring. They want more spicy chicken and Italian sausage. They also want healthy Asian dishes like Korean barbecue. Adding these items can turn a quick snack into a full meal.
75 million Americans await Social Security update this Wednesday
75 million Americans who receive Social Security or Supplemental Security Income are waiting for news. The Social Security Administration will release the new cost of living adjustment this Wednesday.
Hackers force hundreds of French supermarket freezers to heat up
Hackers remotely accessed software controlling store refrigeration units. They forced freezers to reach temperatures up to 50C overnight. Millions of euros in fresh and frozen food were spoiled. Retailers were forced to throw out entire inventory stocks.
Amazon considers $7 billion deal for Decart after Anthropic says no
Amazon is in talks to pay $7 billion for an AI startup called Decart. The technology giant Amazon is looking at the deal after another AI company, Anthropic, already evaluated the business.
Ross Stores opens 51 new locations in September and October
Ross Stores just finished a massive expansion. They opened 51 new locations in two months. This brings their total to 2,377 stores nationwide. They are now entering the Massachusetts market for the first time. Sales are jumping while other retailers struggle to stay open.
IonQ shares fall 9% after $1.3 billion deal for Elicity
This company is purchasing Elicity, which provides security for large business networks. They are using an all-stock transaction, so they pay with company shares instead of using cash.
Half of the 500 largest US stocks fell 20 percent or more
The S&P 500 index grew by 2.3% in the third quarter, but that number hides a lot of pain. An Investment Committee member looked at the 500 largest companies in the United States.
Earn up to 100,000 miles on Chase United cards with new perks
United overhauled their entire credit card portfolio with massive new benefits. Cardholders now get up to 15 percent off all award flights. Basic economy flyers now need a card to Earn any miles. You also get free checked bags on international routes where competitors offer nothing.
Saunas may improve mortality rates and blood pressure
Using a sauna for 19 minutes, four to seven times a week, can improve mortality. Dr. Azar explains that the heat helps blood vessels stay flexible, lowers blood pressure, and decreases inflammation, which is the body's process of fighting against harm.
Robert E. Hall and Michael Woodford win the 2026 Nobel Prize
Professor Robert E. Hall and Professor Michael Woodford just won the 2026 Nobel Prize in Economic Sciences.
Walmart opens 900,000-square-foot automated center in California to speed shipping
Walmart opened a massive new hub in Stockton, California. It uses smart robots to cut packing steps down from 12 to 5. Faster shipping means your online orders arrive quicker. That helps store owners keep shelves full.
AI is driving half of US economic growth
Artificial intelligence is currently adding 1 percentage point to the Gross Domestic Product, a measure of the size and health of the economy. "now roughly half of GDP growth comes because of AI." However, a slowdown in AI and sectors sensitive to interest rates could hit by 2027.
2026 Jeep Cherokee Hybrid arrives with 39 mpg and a heavy price
Jeep brings back a famous nameplate with a brand-new hybrid system. It fights right against the Toyota RAV4 and Honda CR-V in the crowded SUV market. The new shape gives you 34 cubic feet of cargo space behind the seats. Testers found the steering wheel shape blocks the screen buttons.
Jacob Manoukian says computer chip stocks are trading at a discount
Jacob Manoukian, JPMorgan Private Bank U.S. head of investment strategy, says computer chip stocks are currently trading at a discount. Market prices show investors expect a big slowdown for companies that build data-processing chips.
Sunday, October 11
Investors borrowed a record $1.5 trillion to buy stocks in June 2026
Investors borrowed a record $1.5 trillion in June 2026 to buy stocks. Tesla investor Hy Luu in Houston is one trader using this strategy.
Gary Pohrer closed $75 million and $58 million deals off the market
Gary Pohrer closed a $75 million deal and a $58 million deal this year that were never listed on the public database for brokers. The SERHant. executive director of luxury sales finds these massive properties through local connections.
Markets have barely grown in 4 years
The stock market has delivered almost no returns in the last 4 years when you look at the actual dollars. Market participant Samith says the broader market is not cheap right now.
World Bank names BNP Paribas executive David Vaillant as new CFO
David Vaillant is leaving the French bank for Washington. He just led a €5.1 billion asset manager purchase at BNP. Now he will run bond sales raising nearly $82 billion. The World Bank wants private money to pay for big projects.
Sweeney Center study: Greater Paulsboro Energy generates $814M in economic output
A new study reveals massive local impact. Seven major energy companies drive a New Jersey region. Local schools and roads share millions in tax dollars. Check what your town relies on for stable jobs.
NASA satellite network launches to track El Niño and hurricanes
NASA launched a new satellite to track ocean levels. It flies right behind an older twin in orbit. Better data means shipping and coastal businesses get storm warnings faster.
