Michelle Davenport Business Editor 
A woman was killed and five others injured Monday when a Tesla SUV crashed into the outdoor seating area of Urbane Cafe in Simi Valley, California, after striking a pedestrian on the sidewalk, according to ABC7 Los Angeles and the Los Angeles Times. The driver, an elderly woman, was taken to the hospital with minor … Read more
Tesla shares surged 6.26% on Monday, June 29, 2026, after the National Highway Traffic Safety Administration closed its investigation into power steering issues affecting 376,241 Model 3 and Model Y vehicles—while Elon Musk’s latest self-driving forecast remains behind his own public timelines. Wall Street analysts raised delivery estimates for Tesla’s second quarter, but Musk’s repeated … Read more
U.S. stocks moved higher on Monday, June 29, 2026, as the S&P 500 rose 0.6% and aimed to snap a five-day losing streak. The market recovery follows a rare period of volatility, with the Dow Jones Industrial Average gaining 282 points, or 0.5%, and the Nasdaq composite climbing 0.9% by mid-morning. Comcast Restructuring and Market … Read more
"Samsung Electronics and SK Hynix shares fell on Monday as reports emerged of a $1.3 trillion investment plan, with the companies set to unveil details during a government briefing. The announcement follows earlier reports of Samsung’s 1,000 trillion won ($646 billion) investment, according to CNBC and Fortune. Government Announces Revised $1.3 Trillion Investment Plan for … Read more
A Boeing 777 freighter flew dangerously low over the Horseshoe Bay Resort Jet Center in Texas on Wednesday, June 25, 2026, coming within feet of the ground during a test flight for Qatar Airways Cargo—an incident now under investigation by the Federal Aviation Administration (FAA). The maneuver, captured on video and described by pilots as … Read more
OpenAI and Anthropic have restricted access to their latest AI models, GPT-5.6 Sol and Mythos 5, to U.S. government-approved customers amid a cybersecurity review led by the Trump administration, according to reports from the Associated Press and The Guardian. The move follows an executive order signed by President Donald Trump in June 2026 that mandates … Read more
Dell shareholders approved moving the company’s legal home from Delaware to Texas on June 25, 2026, with 97% approval, marking a decisive shift in corporate governance and a victory for Texas’ business-friendly legal reforms. The move follows a wave of high-profile corporate relocations—including Tesla, SpaceX, and ExxonMobil—triggered by Delaware’s controversial rulings on executive pay and … Read more
Volkswagen Group, the world’s largest car manufacturer by revenue in 2024, operates a global network of 100 production facilities across 27 countries. As of June 26, 2026, the German automotive giant continues to manage a diverse portfolio of brands while maintaining its position as a major multinational conglomerate headquartered in Wolfsburg, Germany. Corporate Scale and … Read more
The Nasdaq-100 futures dropped 1.2% early Friday as a tech sell-off deepened, with On Semiconductor’s $7 billion acquisition of Synaptics triggering a 13% plunge in the chipmaker’s stock. The rout extended to global markets, with South Korea’s Kospi and Japan’s Nikkei each falling over 4%, while oil prices hit their lowest levels since the start … Read more
Apple’s Stock Plunge and the Memory Crisis: Why Tech’s AI Boom Is Turning Into a Cost War Apple’s stock fell 6% on Thursday after raising prices on MacBooks and iPads by up to $300 due to a global memory chip shortage, while Micron’s record earnings revealed the squeeze on suppliers. The Nasdaq Composite’s four-day losing … Read more