Industries

Industrials

Lockheed Snags $35B Missile Contract Amid Pentagon Pressure to Rev Up Production

Photo via Michael Brochstein/ZUMAPRESS/Newscom

Lockheed Martin has won billions in defense contracts over the next six years, but faces White House pressure to speed up production.

1 min read

Photo via Slate Auto

Electric Vehicles

Bezos-Backed Slate Auto Tries to Recharge EV Sales With $24K Electric Truck

A new car cost an average $49,000 last month, according to Kelley Blue Book, and a truck set shoppers back by about $66,000.

1 min read
Photo via David Jones/ZUMAPRESS/Newscom

Media & Entertainment

‘Toy Story 5’ Box Office Haul Highlights Hollywood’s Hot Streak

The domestic box office has pulled in nearly $4.5 billion so far this year, the highest mark for the period since 2019, according to Rentrak.

2 min read
Photo via imageBROKER/Frank Schneider/Newscom

Consumer

Coca-Cola Shakes Up $20 Billion Tax Dispute

The Big Four accounting firms (minus Coke’s auditor EY) submitted briefs supporting Coca-Cola, which seems confident of a win.

1 min read

Energy

Uranium Deal Powers Up Nuclear Fission Firm Oklo

Photo via Oklo Inc.

Oklo struck a multiyear purchasing agreement with Centrus Energy for a difficult-to-source fuel for its new-age nuclear reactors.

1 min read

Markets

Investor FOMO, ETF ‘Feeding Frenzy’ Fuel SpaceX’s Skyrocketing Price

Photo via M10s/ZUMAPRESS/Newscom

The shares sold in last week’s IPO represented just 5% of its outstanding stock, leaving retail investors clawing for the limited float

2 min read

Media & Entertainment

Fox Places Big Bet on Streaming with $22 Billion Roku Deal

Photo via Richard B. Levine/Newscom

Folding The Roku Channel into Fox would create a media conglomerate capable of competing for eyeballs, and ad dollars, with the best of them.

1 min read

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