>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mostly lower on Monday. On the brighter side, the Dow managed to hit a record high to start the week. Tech shares slid with Nvidia down two percent ahead of its earnings report on Wednesday. At the closing bell, the Dow Jones Industrial Average gained 65 points to 41-240. The S&P 500 lost 17 points to 56-16. The Nasdaq fell 152 points to 17-725.
>>Apple Expected To Launch iPhone 16 At September Event
(Cupertino, CA) -- Apple is expected to launch its iPhone 16 at its event on September 9th. Tagged "It's Glowtime," the event will take place at the Steve Jobs Theater in Apple Park and be streamed online. It's not yet clear what "glowtime" refers to, but reports indicate embedded artificial intelligence is expected to be a key feature of the phone. The company previously announced several generative AI features for the iPhone at its annual Worldwide Developers Conference.
>>Polaris Dawn Liftoff Postponed
(Cape Canaveral, FL) -- A historic SpaceX mission is on hold. The company announced yesterday it's postponing the launch of the Polaris Dawn mission. It was set to blast off this morning from the Kennedy Space Center, but SpaceX says a ground-side helium leak was found. The launch is now set for tomorrow morning. If everything goes as planned, the Polaris Dawn crew will take part in the first-ever private space walk.
>>Red Lobster Closes 23 Locations Amid Bankruptcy Proceedings
(Orlando, FL) -- Red Lobster will be closing an additional 23 restaurants nationwide at the end of the month. The move comes after the Orlando-based company closed over 100 locations earlier this year as it goes through bankruptcy proceedings. The restaurant chain is in the process of selling itself to Fortress Credit Corporation, which recently gave the national restaurant chain 100-million-dollars to continue operating the roughly 500 restaurants it has remaining across the U.S. Red Lobster is just one of many companies currently struggling as inflation continues to rise and consumers cut back on expenses like dining out.
>>Kroger Goes To Court Over FTC's Bid To Block Albertsons Merger
(Portland, OR) -- Albertson's planned merger with Kroger's made its way to court on Monday. The 25-billion-dollar merger is being challenged by the Federal Trade Commission, which says it would lead to less competition and higher prices for consumers. The trial is taking place in federal court in Portland, Oregon and is expected to last about three weeks. The two companies combined would impact nearly 600 stores nationwide.
>>Bills With Solid Serial Numbers Worth More Than Thought
(San Diego, CA) -- That five dollars in your pocket may be worth a lot more than five bucks. According to GoBankingRates, five-dollar bills with solid serial numbers, meaning all the numbers are identical, can be worth thousands. The Penny Hoarder says five-dollar notes with solid serial numbers are rare, only about one in eleven million are in circulation, which makes them worth as much as two thousand dollars each. Experts say if you find a five dollar bill with solid serial numbers, take it to a coin shop and have it appraised.
