BUSINESS

When HYBE and Geffen Records announced that Manon would be taking a “temporary hiatus from group activities” it set off a chain reaction that has somewhat spiraled since.

Grammy Award-winning artist Anderson .Paak on his debut feature ‘K-Pops!, his love for directing, and why you won’t see his life story on the big screen anytime soon.

A research report went viral over the weekend. By Monday, the stock market was in free fall. Citrini Research published a 7,000-word hypothetical scenario dated June 2028 that painted a scary portrait of AI disrupting white-collar jobs and sparking financial contagion. The report tapped into a fear: What if AI is so good for the economy that it’s actually bad for stocks?

Many stocks named in the report tanked. Software firms Datadog, CrowdStrike, and Zscaler each plunged more than 9%. IBM fell 13%, its worst one-day performance since 2000. American Express, KKR, and Blackstone—all called out by Citrini—also tumbled.

Trade policy uncertainty also played a role in the fall. Still, the market’s response to a thought experiment shows how anxious Wall Street has become about AI disruption.

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Key Takeaways

MIT researchers built a 3D printer that can produce a fully functioning electric linear motor in about three hours for 50 cents in materials.

Linear motors are typically used in optical systems and simple robotics.

While a linear motor is still far away from the complexity of a car engine, the development is a significant step in the right direction.

MIT researchers just built a 3D-printing platform that can spit out a fully functioning electric linear motor in about three hours. The advancement brings researchers one step closer to printing out a car. 

A 3D printer takes filament and produces solid objects. The process starts with a 3D model on a computer. The printer slowly builds the shape, often using melted plastic, until it creates a 3D item. 

In an article in the industry journal Virtual and Physical Prototyping, the researchers explained that their new 3D-printing system can handle different materials in a single build, switching among four different tools as it prints layer by layer. 

Instead of printing just plastic shells or simple parts, the 3D-printing system can fabricate all the key components of an electric machine in a single go, on a single platform. In their demo, the researchers printed an electric linear motor entirely on this system. 

Preparing the filaments inside a standard 3D printer. Credit: Getty Images

It’s important to note that a linear motor generates straight-line motion, unlike a more complex rotating motor, like the one in a car. Researchers use linear motors in optical systems and simple robotics. 

While a linear motor is still far away from the complexity of a car engine, the development is a significant step in the right direction, researchers say. 

“This is a great feat, but it is just the beginning. We have an opportunity to fundamentally change the way things are made by making hardware onsite in one step, rather than relying on a global supply chain. With this demonstration, we’ve shown that this is feasible,” Dr. Luis Fernando Velásquez-García, one of the senior authors of the research paper, told MIT News.

3D printing is cheap

The 3D-printed linear motor matched or outperformed comparable motors made with more complex, conventional manufacturing, and only cost 50 cents in materials, the researchers found. 

In comparison, electric linear motors, which are used in telescopes and optics and medical and lab systems, range from around $300 to $800 to make at the lower end, with high-end models costing thousands of dollars. It costs more than $3,500 to build a rotary motor for a car.

The researchers did not disclose how much the 3D-printed system costs overall. 3D printers start at about $200 and can cost hundreds of thousands of dollars for more sophisticated machines. 

Why this matters for printing a car

If researchers can one day 3D-print advanced motors and other components, the idea of assembling a car from downloaded designs becomes more of an engineering problem than science fiction, per Gizmodo. 

Going forward, the researchers say they want to move from linear motors to rotary motors found in cars. They want to 3D-print the kind of technology seen in electric vehicles and advanced robots today. 

They also write about adding more toolheads so that the same 3D-printing platform could one day manufacture more complex electronics, including vehicle subsystems and medical devices.

“Even though we are excited by this engine and its performance, we are equally inspired because this is just an example of so many other things to come that could dramatically change how electronics are manufactured,” Velásquez-García told MIT News.

In the past few years, MIT researchers have 3D-printed electromagnets and sensors for satellites.

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Uber wants to pick up customers even when they’re behind the wheel. The company announced it’s acquiring parking app SpotHero for an undisclosed sum. SpotHero offers parking reservations at more than 13,000 garages, lots, and valets across 400 cities in the U.S. and Canada. Uber plans to integrate SpotHero’s service into its app to help users find parking for events, venues, and airports.

The Chicago-based SpotHero launched in 2011 and last raised outside funding in 2019, when it secured $50 million led by Macquarie Capital.

The acquisition reflects Uber’s broader expansion strategy beyond ride-hailing and Uber Eats. The company’s delivery business—which now includes groceries and retail alongside restaurants—was its strongest revenue growth area in the fourth quarter. The deal is subject to regulatory approval and expected to close in the first half of 2026.

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Two days after the violence that erupted when the Mexican army captured and killed the leader of the Jalisco New Generation Cartel, a number of airlines have restarted their flights to Puerto Vallarta.Delta, United, American Airlines, Air Canada and Southwest were all among the carriers that canceled and in some cases diverted flights already on the way to the main resort in Jalisco, the state where Nemesio Rubén Oseguera Cervantes known primarily as “El Mencho” led a cartel responsible trafficking large amounts of cocaine, methamphetamine, and fentanyl into the U.S. Flights to neighboring cities of Guadalajara (GDL) and Mazatlán (MZT) were also called off by a number of Mexican and international airlines.”Services may operate with modified schedules, passengers should verify flight times”In Canada, Air Canada, WestJet, Air Transat and Toronto-based budget carrier Porter Airlines have all restarted limited services into Puerto Vallarta Airport (PVR) and Guadalajara International Airport (GDL) on Feb. 24.Air Canada is running flights into Puerto Vallarta from Toronto, Montreal and Vancouver on Tuesday and Guadalajara on Wednesday. WestJet also announced that flights to Puerto Vallarta “will operate as scheduled to all destinations, with the safety of our guests and partners remaining our top priority.”Related: All major airlines cancel flights to Puerto Vallarta”Porter intends to restart flights to #PVR on Feb. 24,” the latter airline also wrote on social media platform X. “Service may operate with modified schedules, passengers should verify flight times before traveling to the airport.”American carriers have also started to gradually resume service into Puerto Vallarta and Guadalajara. United Airlines ran flights into Puerto Vallarta from Denver and Houston on the night of Feb. 23 while Alaska Airlines ran its first flights into the city from Los Angeles and Seattle and Guadalajara from Los Angeles on Feb. 24.Southwest also ran its first flight into Puerto Vallarta from Denver early Tuesday morning.

Governments of several countries had urged their citizens to shelter in place when El Mencho was killed on Feb. 22.Shutterstock

Delta, United and Alaska Airlines all restart flights into Puerto Vallarta and GuadalajaraDelta also restarted some routes to Minneapolis, Detroit, and Atlanta on Feb. 24 while still urging those with booked travel into or out of Jalisco to monitor status updates through their booking to avoid a potentially unnecessary trip to the airport or not know that a flight they are on will run after all.Along with other airlines, Delta has put in place a travel waiver that allows customers whose fare class would otherwise not allow for changes to cancel or rebook their flight until the start of March. Even if the original flight ends up running according to schedule, travelers can still use the voucher to change their dates or cancel it free of charge.MoreTravel News:Airline to launch unusual new flight to Cayman Islands from the U.S.Frontier Airlines CEO gives stark warning on economyAnother cruise ship destination adds ban impacting AmericansUnexpected country is most luxurious travel destination for 2026″You can reschedule your trip and we’ll waive change fees and fare differences,” United writes of a similar travel waiver put in place for flights into Puerto Vallarta and Guadalajara. “But your new flight must be a United flight departing between February 22, 2026 and March 7, 2026. Tickets must be in the same cabin and between the same cities as originally booked.”Related: Another country is scrapping all visas for travelers

For decades, small businesses have shaped communities’ identities, building their distinct character. Independent grocery stores, with local produce and personalized service, offered a sense of connection that national chains often could not replicate.Today, however, that landscape is changing. Independent grocers are closing at a rapid pace and being taken over by larger retailers aiming to expand their reach. Retail giants such as Walmart, Costco, Kroger, and Albertsons continue to dominate the industry with their recognizable names, massive footprints, broader product assortments, and aggressive pricing strategies, leaving independent operators with little choice but to sell or shut down.The top four grocery retailers now account for 69% of U.S. grocery spending, with Walmart alone representing nearly 35% of the total, according to Farm Action.This caused the market share of independent retailers to fall from 53% in 1982 to 22% by 2017, according to the Institute for Local Self-Reliance.Now, this national trend has reached the Appleby family. It is preparing to give up its only two grocery stores in a Pennsylvania community, where they have served as shoppers’ primary options for years.The Giant Company will acquire two Pennsylvania grocery storesThe Giant Company has agreed to acquire Everett Foodliner and Saxton Market from the Appleby family in Bedford County, Pennsylvania, according to a company press release. While the financial terms of the deal were not disclosed, the transaction includes both the real estate and related grocery and fuel business assets.Once the sale is complete, both stores will temporarily close for renovations beginning April 20, 2026, with plans to reopen later in the year. Details regarding exact amenities, hours, and reopening dates will be shared at a later date.Giant’s acquired storesThe Everett Foodliner: 250 West Main St., Everett, PennsylvaniaThe Saxton Market: 509 Main St., Saxton, Pennsylvania”Expanding in existing markets is a key element of Giant’s strategic growth plan,” said The Giant Company President John Ruane in a statement. “We look forward to working closely with Bob and Joe on the transition, welcoming our new team members, and delivering value, freshness, and kindness to our new customers.”Approximately 64 employees at the Everett Foodliner and 58 at the Saxton Market will be affected, according to the WARN notice filed February 20 and reviewed by TheStreet. All employees will have the opportunity to interview for positions with The Giant Company.”While it was a difficult decision to make, we are pleased by the care GIANT has shown for our business, employees, and customers,” said Bob and Joe Appleby in a statement. “We know our family business is in good hands with Giant.”Founded in 1923 and owned by Ahold Delhaize, The Giant Company operates 194 stores, 133 pharmacies, and 107 fuel stations under multiple banners, including Giant, Martin’s, and Giant Heirloom Market, across Pennsylvania, Maryland, Virginia, and West Virginia, according to the company’s website. 

The Giant Company agrees to acquire two grocery stores from the Appleby family.Shutterstock

Independent retailers face mounting pressuresThe Appleby family store acquisitions reflect broader challenges facing independent grocers nationwide and highlight how regional chains are accelerating expansion into smaller communities as independent operators exit the industry.Economic uncertainty, rising operational costs, shifting consumer habits, and intensifying competition from large-format and non-traditional retailers have made it increasingly difficult for independent operators to remain profitable, forcing many to downsize or consolidate their assets to survive.In response, lawmakers have begun addressing industry concerns.In late January, the U.S. House of Representatives passed H.R. 7148 and H.R. 7006, legislation to address challenges faced by independent community grocers and their customers in underserved areas. The National Grocers Association has also urged the Federal Trade Commission to enforce existing competition laws, including the Robinson-Patman Act to ensure fair pricing and competitive conditions.”Congress is sending a clear signal that competition matters for affordability,” said the National Grocers Association Chief Government Relations Officer Chris Jones in a press release. “The FTC already has the tools it needs to lower prices and restore balance in food, pharmacy, and retail markets.”Store closures continue to reshape communitiesStore closures remain ongoing and are significantly affecting independent businesses.U.S. retailers are expected to close 7,900 stores in 2026, down 4.5% from 2025, while 5,500 locations are projected to open, up 4.4%, according to Coresight’s U.S. Store Tracker 2026 Outlook.Although the pace of closures has slowed slightly, the net loss of physical stores continues to disproportionately impact lower-income and rural communities.”For consumers, the fallout means fewer choices, diminished access to in-person shopping, and, in some cases, higher prices due to reduced competition,” said Approved Funding President and Chief Lending Officer Shmuel Shayowitz.More Grocery Store Closures by Fernanda Tronco:110-year-old grocery chain operator closes store after 40 yearsMore grocery stores close, leaving customers with no options113-year-old grocery chain quietly closes stores in 2026Employment trends are also under pressure. Companies with fewer than 50 employees lost 120,000 jobs in November, according to the ADP National Employment Report.”The labor market is not weak but it is weakening, and the first to crack is small establishments,” said ADP Chief Economist Nela Richardson on a conference call reported by NBC News.Scott Moses, partner and head of the grocery, pharmacy, and restaurants advisory group at New York-based Solomon Partners, spoke about rising competition from non-traditional grocers, Supermarket News reported.”For many years, I’ve been sounding the alarm about the rise of national/discount grocers— Walmart, Target, Costco, Amazon, Dollar General, Family Dollar, and Dollar Tree — and the existential threat that they pose to supermarket grocers, just as we’ve all seen over the last 20 years how department stores have been marginalized,” said Moses.Related: Luxury giant to close more than 200 stores after sales drop

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealWith Spring around the corner and the days getting longer and sunnier, the thought of relaxing outside in warmer weather with the birds chirping and the warm breeze blowing is on our minds. If you’re looking to make your own little outdoor nook for yourself, your friends, and your family, look no further. Walmart has some great deals that are sure to make your patio cozy.The Simenmax 3-Piece Rocking Chair Patio Set offers relaxing rocking chairs and a cute side table to hold your iced tea in the summer, hot coffee during the cool spring mornings, or a nice refreshing evening beverage during a backyard barbecue, all for only $50. Originally $95, shoppers can save 47% on this compact but comfortable patio set. Simenmax 3-Piece Rocking Chair Patio Set, $50 (was $95) at Walmart

Why do shoppers love it?This 3-piece patio set is perfect for smaller balconies, large patios, and lawns. The design is simple and fits with existing decor and furniture, and the set is lightweight but sturdy. Each chair can hold up to 300 pounds, built with a steel powder-coated frame for stability and a tear-resistant textile fabric that withstands sun and rain. The armrests have solid wood padding on them that doesn’t heat up in the sun, ensuring a comfortable lounging area that won’t burn your arms. Related: Amazon Outlet’s scalloped jute area rug is on sale for just $26, and it’s washableThis set comes with the two rocking chairs, each measuring 28.9 inches deep, 22.8 inches wide, and 31.5 inches tall, and a glass-top table that measures 17.3 inches wide and 15.6 inches tall. The table and chairs have anti-tipping feet, a non-slip base, and adjustable leg pads that provide a stable rocking surface without worrying about falling over. Shoppers can choose from black or gray with no wooden armrests, and brown or gray with wooden armrests.Details to knowSizes: The two rocking chairs measure 28.9 inches deep, 22.8 inches wide, and 31.5 inches tall, and the table measures 17.3 inches wide and 15.6 inches tall.Color: Shoppers can choose from black or gray with no wooden armrests, and brown or gray with wooden armrests.Weight capacity: These chairs can hold up to 300 pounds. One reviewer said, “I love this set. The quality is great, and it didn’t take long to put it all together by myself. It came packaged really well with no damage.” Another one said, “It’s extremely comfortable and nice. They make a classy and elegant fashion statement in my backyard. Easy to put together.”Shop more dealsWalsunny 3-Piece Outdoor Bistro Set, $100 (was $160) at Walmart Aiho 3-Piece Wicker Patio Set, $110 (was $54) at WalmartJunkai 4-Piece Outdoor Set, $60 (was $110) at WalmartWhether you’re replacing an old set, adding a new addition, or need something that fits on your balcony, the Simenmax 3-Piece Rocking Chair Patio Set is a solid choice. The sturdy steel frame and the weather-resistant fabric can hold up to 300 pounds, making these nice for friends and family, but they’re also compact, allowing them to fit onto smaller balconies or patio corners. The best part is that shoppers can get this patio set for only $50 right now at Walmart and save $45.

On the heels of IBM’s sharpest daily decline in a quarter-century, analysts cheered the resilience of the company’s mainframe business.

The payments giant says Bridge, its stablecoin arm, saw its transaction volume sky-rocket through last year as stablecoin adoption is decoupling from crypto cycles.