United States tech stocks fall amid Iran tensions

 

U.S. technology shares fell sharply on Thursday, June 11, 2026, as renewed tensions between the United States and Iran rattled financial markets. The S&P 500 declined 1.6 percent to a five-week low, while a key semiconductor index dropped 3.6 percent. The sell-off followed President Donald Trump’s vow to pursue additional...

United States AI server maker plunges on cash raise

 

United States-based Super Micro Computer shares fell 28 percent on Wednesday, June 10, after the AI-focused server maker announced plans to raise $7 billion in cash through a mix of common stock and convertible preferred stock. The company’s disclosure of a large equity offering during a period of broad market...

Uber Sues NYC Over Driver Deactivation Protections Law

 

New York City — Uber Technologies Inc. filed a lawsuit in the U.S. District Court for the Southern District of New York on Tuesday, seeking preliminary and permanent injunctions to block Local Law 52 of 2026. The company argues the law, effective July 28, would compel it to retain drivers...

Mississippi residents sue Musk firms over AI plant

 

Southaven, Mississippi, residents have filed a federal class-action lawsuit against Elon Musk’s xAI and its subsidiary MZX Tech, alleging that a gas-fired power plant serving nearby artificial intelligence data centers generates an “omnipresent and inescapable” nuisance through excessive noise and vibrations. Filed in federal court in Oxford, Mississippi, and made...

Lakeland Industries Posts Q1 Profit; Shares Jump 18%

 

HUNTSVILLE, Ala. — Lakeland Industries Inc. reported on Tuesday that it swung to a fiscal first-quarter profit, recording net income of $369,000 and earnings of $0.04 per share on $47.4 million in revenue. The Huntsville-based manufacturer of protective garments and decontamination services sells products across more than 50 countries and...

United States orders recall of 1.3 million Jeeps

 

United States-based automaker Stellantis has announced an urgent safety recall of about 1.3 million Jeep sport utility vehicles due to a risk of engine compartment fires, including when the ignition is switched off. In a notice issued this week, the company urged owners of affected models to park their vehicles...

United States retailer Hibbett Sports to close 175 stores

 

United States – The owner of athletic retailer Hibbett Sports has announced a major restructuring plan that will immediately close 175 underperforming stores across North America, marking a significant pullback in the company’s brick-and-mortar footprint. The company said the move is intended to streamline operations and ease mounting financial pressures...

United States firms sign record sustainable aviation fuel deal

 

United States – American Airlines and Google have signed what they describe as the largest publicly announced sustainable aviation fuel certificate agreement between an airline and a single corporate customer, underscoring a growing push to curb emissions from business travel. Under the three-year deal, American Airlines will purchase and take...

Washington Blueberries Hosts Seminars In Thailand And Indonesia

 

Bangkok, Thailand. The Washington Blueberry Commission held trade seminars in Bangkok on April 27, 2026, and in Jakarta on April 29, 2026, introducing Washington blueberries to importers, distributors, retailers, foodservice professionals and media. Organizers reported nearly 100 attendees across both events and described the sessions as market-education efforts intended to...

Cities pause approvals for new data center construction

 

Charlotte this week enacted a 150-day moratorium after the City Council voted unanimously Monday night to pause new data center construction. Council member Dimple Ajmera said the pause "gives us the time that we need to do our homework," adding that the 150-day break can prevent years of unintended consequences....