Business news summaries — Page 6
Essential facts and source links for recent business stories.
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Moon Dancer Vineyards & Winery files for Chapter 11 after closure
Pennsylvania’s Moon Dancer Vineyards & Winery filed for Chapter 11 on Sept. 11, 2026, to restructure debts about 10 months after its winery and tasting room closed, following the state Supreme Court’s rejection of the owner’s final appeal to keep operating. -
Insider Monkey sees stronger upside case for Digital Realty than Equinix
Insider Monkey sees more upside in Digital Realty at current prices, citing faster leasing and 2026 multiples of about 22x core FFO/share versus Equinix’s nearly 24x AFFO/share. The case hinges on development spending earning rent without excessive dilution. -
Fervo Energy shares climb as Cape Station reaches first power
Fervo Energy shares rose Thursday after the company announced that its Cape Station project in Beaver County, Utah, achieved First Power. The project is the first utility-scale enhanced geothermal plant to operate and sell electricity to the grid. -
At least 16 U.S. transport firms enter Chapter 7 or 11 bankruptcy in recent weeks
At least 16 U.S. trucking, delivery and transport companies filed for Chapter 7 or 11 bankruptcy from late August through Sept. 21, according to federal court filings reviewed by FreightWaves. Filings show financial strain but don't prove diesel prices caused each case. -
Brightline's reported Chapter 11 plan would leave train service running
Brightline reportedly plans a Chapter 11 filing to restructure about $5.5 billion in debt, aiming to reduce it to roughly $2.7 billion. Reports say the filing would exclude the operating company, leaving train service unaffected. -
At least five Marshalls stores shut in four states; one closure is temporary
Marshalls has closed or temporarily shut at least five stores across four states in 2026. The Bridgeport store remains temporarily closed over structural safety concerns; San Antonio's closed after its lease ended, and a replacement site is under construction. -
U.S. factories’ cumulative solar-module output reaches 100 GWp
By Q2 2026, U.S. factories had cumulatively produced 100 gigawatts-peak direct-current (GWp) of solar PV modules, according to PV Magazine USA. The factory-by-factory tally counts actual output, not announced projects or projected capacity. -
ABC7 says prepared-meat markups may reach 60%, frozen meat about 30% cheaper
ABC7 Los Angeles shared grocery tips: check store apps for loyalty deals; marinated, sliced or trimmed meat may carry markups up to 60%, while frozen meat may be about 30% cheaper than name brands or fresh options. Preparing larger cuts at home may avoid some markup. -
Gundlach Bundschu files for Chapter 11 to restructure winery
Gundlach Bundschu Winery filed for Chapter 11 on Sept. 23, seeking to restructure its finances and attract a potential investor. The 168-year-old California winery says it will continue operating during the case; its petition lists $10 million to $50 million in assets and debts. -
NASA’s X-59 tests sonic-boom reduction as drone debate continues
NASA’s X-59, which first flew in 2025, is breaking the sound barrier over selected US towns to test whether its elongated nose can soften sonic booms; community surveys will gauge public reaction as experts debate when experimental jets need pilots. -
Fed seeks public input on proposed GENIUS Act stablecoin rules
On Sept. 24, the Fed proposed two GENIUS Act rules: one on reserves, capital and risk controls for supervised payment-stablecoin issuers, and one for banks seeking to issue through subsidiaries. The proposals have a 60-day comment period after Federal Register publication. -
Jamba Juice filing records 130 franchise outlet exits in three years
Jamba Juice’s 2026 franchise disclosure says 130 outlets were terminated, not renewed, reacquired or ceased operations for other reasons over three years; 116 franchise agreements were terminated. The filing says the franchise could be riskier than systems with lower turnover. -
Data centers are pushing the aging U.S. power grid toward an overhaul
Rising data-center demand is straining the aging U.S. grid as tech companies invest directly in power infrastructure. The Energy Department projects data-center electricity use could nearly triple, reaching up to 12% of U.S. demand by 2028. -
US airline group opposes China flight expansion, citing Russian airspace gap
Airlines for America chief Chris Sununu said US carriers oppose more direct China-US flights after Xi Jinping floated an increase. He said Chinese airlines’ ability to overfly Russia on eight flights gives them a cost advantage; each side can fly about 50 round trips weekly. -
Constellation agrees to buy Rhode Island gas plant from Shell for $715 million
Constellation Energy agreed Sept. 10, 2026, to buy the Rhode Island State Energy Center from Shell Energy North America for $715 million. The 609-MW natural-gas plant sells power into ISO New England; after expected first-year tax benefits, the effective price is about $580m. -
Brazil’s grounded Total Linhas Aéreas starts returning some leased Boeing planes
Grounded since ANAC suspended its certificate in early September, Brazil’s Total Linhas Aéreas has begun returning some leased Boeing planes to the manufacturer to reduce financial obligations, ch-aviation reports. It reportedly lost its Correios mail contract. -
AI-era job research spotlights human skills in high-school choices
U.S. entry-level jobs most exposed to AI were seven times more likely to require judgment, leadership, creativity or face-to-face interaction, a Forbes essay says. It urges high schools to teach these skills alongside technology as employers rank analytical thinking first. -
Australia's home-sales slump cuts an estimated A$355m–A$710m in monthly spending
Reuters analysis estimates a 15% year-on-year fall in Australian housing turnover is cutting A$355 million–A$710 million a month in spending at businesses tied to home moves; fewer transactions, rather than price falls, drive the hit. -
Musk pitches Austin–San Antonio tunnel he says could exceed 200 mph
Musk says The Boring Company is working on an Austin–San Antonio “precursor Hyperloop” that could carry vehicles above 200 mph and cut the 80-mile drive from up to 2.5 hours in traffic to under 30 minutes; route and timing remain unknown. -
Argentina’s July activity falls 1.4%, below forecast for growth
Argentina’s economic activity fell 1.4% year over year in July, INDEC reported, below Reuters-polled analysts’ 1.8% growth forecast after a 2.7% rise in June. Eight of 15 sectors contracted, led by wholesale and retail trade and repairs (-5.1%) and manufacturing (-4.6%). -
Songmics 43-inch storage bench is 28% off in Amazon deal
TheStreet reports a limited-time Amazon deal on the Songmics 43-inch folding storage ottoman bench: $36, 28% below its $50 price. It is listed with 35 gallons of storage, a 660-pound weight capacity and a fold-flat design; the article says it ranked No. 1 in Amazon’s ottoman </? -
U.S. gas prices could set September record if monthly average holds at $4.30
U.S. gas averaged $4.30 a gallon for September through Thursday, putting the month on pace to exceed the 2023 September record by nearly 50 cents if the average holds, AAA said. Thursday’s average was $4.48; AAA cited high crude prices and Strait of Hormuz volatility. -
Four indirect indicators could add context to Trump–Xi talks, Forbes says
A Forbes analysis urges leaders to pair Trump–Xi summit outcomes with four indicators of China’s economic mood: household searches and purchases, social-media deletions and slang, labor disputes, and activity along neighboring countries’ borders. -
Judge questions Paramount-Warner merger settlement; approval still pending
Judge Martínez-Olguín questioned Paramount and 12 state attorneys general over their antitrust settlement for the Paramount-Warner Bros. Discovery merger Thursday, but did not rule on approval. She ordered them to reply to Sen. Cory Booker’s letter by noon PT Monday, Sept. 28. -
Mortgage costs rise as 10-year Treasury yield reaches a 19-year high
The 10-year Treasury yield hit 5.14% before easing to 5.12%, its highest in about 19 years, The Wall Street Journal reported. A $300,000, 30-year mortgage at about 7.26% would mean $2,049 a month in principal and interest, 14.2% above the Feb. 27 estimate. -
Many tanks use air conditioning to protect vital electronics
Many U.S. Army tanks, including the M1 Abrams, have air conditioning. The Army’s 1995 M1A2 SEP package included cabin A/C, which helps crews in hot climates and is designed to protect targeting, navigation and thermal-imaging electronics from overheating. -
Qantas to begin selling Sydney–New York tickets in August 2027
Qantas will put tickets for its nonstop Sydney–New York flight on sale in August 2027, ahead of a mid-2028 launch. The 18-hour route will cover 9,942 miles (16,000 km), cutting just over three hours off Qantas’s current Sydney–New York trip via Los Angeles.
