Monday, June 8, 2026

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Business

DART Invests $71.5M to Upgrade Dallas Bus Stops Amid Service Cuts

DART approves $71.5M to upgrade 1,350 bus shelters across North Texas while cutting service 10% and securing $20M federal grant for new facility.

US-Ukraine Fund Makes First Investment in Lviv Drone Startup Sine Engineering

US-Ukraine Reconstruction Fund makes first equity investment in Sine Engineering, a Lviv drone tech startup building GPS-independent UAV control systems.

Abbott Q1 2026 Earnings Preview: Can It Deliver 10% EPS Growth?

Abbott Laboratories reports Q1 2026 earnings April 16, testing its bold 10% EPS growth target after strong Q4 momentum and 7% sales guidance.

FSOC Rewrites Nonbank Regulation: Return to Activities-Based Oversight

FSOC votes to restore 2019 activities-based approach for designating systemically risky nonbanks, reversing Biden-era guidance in major regulatory shift.

FSOC 2026: AI, Deregulation, and New Direction for U.S. Financial Oversight

Treasury Secretary Bessent leads FSOC's shift from risk-first to growth-first regulation, targeting AI, private credit, and nonbank oversight reforms.

DART CEO Nadine Lee Resigns: What’s Next for Dallas Public Transit?

Nadine Lee resigns as DART CEO after 3+ years leading Dallas transit through post-pandemic challenges, leaving questions about the agency's future direction.

Pentagon Bets Big on Honeywell to Power Next-Gen Military Drones

The Pentagon is rapidly scaling autonomous drone and missile production, with Honeywell securing major contracts worth over $90B for next-gen warfare systems.

Pentagon, Lockheed & BAE to Quadruple THAAD Missile Production

Pentagon strikes deals with Lockheed Martin and BAE Systems to quadruple THAAD missile production to 400 units yearly, placing defense on wartime footing.

Oil Markets Surge Ahead of Trump-Iran Talks Post: Insider Trading Concerns Emerge

Oil futures spiked $580M in suspicious trades one minute before Trump's Iran peace post, raising insider trading concerns among legal experts.

Why Texas Leads US Business Growth: Innovation, Jobs & Opportunity

Governor Greg Abbott pitches Texas as America's top business hub at Fort Worth summit, touting record job growth and economic diversification.

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