United States · Business
Same event, multiple sources, transparently cited.
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Wix to cut 20% of workforce citing AI evolution and currency pressures
Wix announced layoffs of about 20% of its nearly 5,300 employees due to AI changes and Israeli shekel strength.
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Disney plans to unify Hulu content into Disney+ and retire Hulu app by end of 2026
Disney aims to integrate Hulu content and features into Disney+ and discontinue the Hulu standalone app by late 2026.
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Foreign holdings of US Treasuries fall $72.1 billion in June, led by Japan and China
Foreign investors reduced US Treasury holdings by $72.1 billion in June, with Japan and China cutting their stakes notably.
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Peacock raises US streaming subscription prices across all plans in August 2026
Peacock increased monthly prices for its Select, Premium, and Premium Plus plans on August 18, with changes applying to existing subscribers from September 17.
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Young workers dominate fast-growing high-paying AI jobs amid persistent gender gaps
Gen Z and Millennials hold most new AI jobs and leadership roles in the US, while women remain underrepresented in AI hiring and executive positions.
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American Airlines to restore seat-back screens and increase premium seating on narrow-body jets
American Airlines announced plans to reinstall seat-back entertainment screens from 2028 and boost premium seats on narrow-body aircraft to 40%.
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Disney and ABC sue FCC to block early renewal of eight broadcast licenses
Disney and ABC filed a lawsuit August 18 to stop the FCC’s unprecedented early renewal of eight ABC-owned broadcast licenses.
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Trial begins as 29 US states sue Meta over alleged harm to children on social media
A multistate trial started August 18 in Oakland, California, accusing Meta of designing addictive features harming children on Facebook and Instagram.
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Luigi Mangione's New York state murder trial postponed after federal guilty plea
Luigi Mangione pleaded guilty to federal stalking charges tied to CEO Brian Thompson’s death, delaying his New York state murder trial.
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ByteDance signs agreement with MPA to protect copyright in AI models
ByteDance and the Motion Picture Association signed an agreement to strengthen copyright protections for AI-generated content on August 17-18, 2026.
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Paramount Seeks $1.88 Billion Bond from States Challenging Warner Bros Discovery Merger
Paramount Skydance requested a $1.88 billion bond from 12 US states challenging its $110 billion merger with Warner Bros Discovery to cover delay costs.
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Anthropic’s Annualized Revenue Surpasses $65 Billion Ahead of Planned IPO
Anthropic reported an annualized revenue run rate of $65 billion by July 2026, marking a sevenfold increase from 2025.
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Wall Street falls amid Middle East tensions, oil surge, and rising US bond yields
Wall Street indexes declined in mid-August 2026 as oil prices rose and US Treasury yields hit multiyear highs amid Middle East conflict tensions.
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Trump Administration in Talks to Fund US Drone Makers Including Unusual Machines
The Trump administration is negotiating funding for drone companies like Unusual Machines and Neros to boost production and supply chains.
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Google Engineer Charged with $1.2 Million Insider Trading on Polymarket
Google engineer Michele Spagnuolo was charged with insider trading after using internal data to make $1.2 million betting on Polymarket.
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Meta CEO Mark Zuckerberg says entering cloud computing market is under consideration
Meta CEO Mark Zuckerberg said May 27 the company may enter cloud computing if it has excess data center capacity.
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Joe Rogan criticizes safety and environment of UFC fight at White House South Lawn
Joe Rogan repeatedly criticized the UFC's outdoor fight at the White House set for June 14, 2026, citing safety and environmental concerns.
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Food insecurity rises sharply for low-income U.S. households amid economic divide
The New York Fed reported increased food insecurity from late 2025 to early 2026, hitting low-income and families with children the hardest.
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Jay Shetty Signs Up to $100 Million Deal with Netflix and Spotify for 'On Purpose' Video Podcast
Jay Shetty inked a multiyear deal reportedly worth up to $100 million with Netflix and Spotify for exclusive video rights to his podcast 'On Purpose'.
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New York Times union alleges AI surveillance breaches contract for tech workers
The New York Times Tech Guild accused the company of using AI surveillance tools in violation of their union contract.
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Uber partners with Zipline to launch drone deliveries on Uber Eats aiming for 1M daily by 2029
Uber is partnering with drone delivery company Zipline to begin drone deliveries on Uber Eats by late 2026, targeting 1 million daily deliveries by 2029.
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US awards Raytheon $22.9B contract to boost Tomahawk missile production amid Iran conflict
The US Department of Defense awarded Raytheon a $22.9 billion contract to increase Tomahawk missile production over seven years.
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JP Morgan CEO Jamie Dimon urges UK Chancellor Healey to avoid bank tax hikes
JP Morgan CEO Jamie Dimon warned UK Chancellor John Healey against raising bank taxes ahead of the October budget.
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Japan's Q2 GDP grows 1.1% annualized, missing expectations amid weak demand
Japan's economy expanded 0.3% quarter-on-quarter in Q2 2026, an annualized 1.1%, falling short of forecasts due to weak consumption and capital spending declines.