Local Business
Wednesday, June 17, 2026 · Southampton
Wholesale Prices Hit Two-Year High as Fuel Costs Rise
Wholesale inflation climbed to its highest point since late 2022, driven by surging fuel costs tied to international conflict. The increase is affecting businesses across multiple sectors.
Rent-to-Own Sector Reaches $11.8 Billion as 6.7 Million Households Participate
The rent-to-own industry generated $11.8 billion in revenue during 2025 while serving 6.7 million U.S. households, according to a new industry health survey. The findings reflect growing consumer participation in lease-purchase arrangements as an alternative to conventional mortgage financing.
Wednesday, June 17, 2026
Justice Department Clears Warner Bros. Merger with Paramount
The U.S. Justice Department approved Warner Bros.' acquisition of Paramount, removing a final regulatory hurdle for the $111 billion merger. The deal combines two studios that together control HBO, CNN, and other major media properties.
Wednesday, June 17, 2026
SpaceX begins trading on NASDAQ following record initial public offering
SpaceX shares started trading on the NASDAQ following the company's initial public offering. The listing made founder Elon Musk the world's first trillionaire and transformed numerous current and former employees into multi-millionaires.
Wednesday, June 17, 2026
SpaceX Sets IPO Price at $135 per Share, Valuing Company at $1.77 Trillion
SpaceX priced its initial public offering at $135 per share, reaching a valuation of $1.77 trillion. The offering marks the largest IPO in history.
Wednesday, June 17, 2026
SpaceX raises $75 billion in initial public offering
SpaceX completed its initial public offering, raising $75 billion and joining the ranks of the world's most valuable companies. The offering marks a significant milestone for the aerospace and AI firm founded by Elon Musk.
Wednesday, June 17, 2026
SpaceX Raises $75 Billion in Record IPO
SpaceX completed the largest initial public offering on record, raising $75 billion and sending its stock up 19% in its first day of trading. The offering positions the company among the world's biggest public corporations.
Wednesday, June 17, 2026
Hampton Coffee Company Marks 20 Years on Mill Road
Hampton Coffee Company celebrated 20 years at its Mill Road location in Westhampton Beach with an anniversary event and customer photo collage.
Wednesday, June 17, 2026
East Hampton Home Lists for $2.595 Million
A renovated four-bedroom East Hampton home on Stephen Hands Path lists for $2.595 million with a heated pool and guest-ready lower level.
Wednesday, June 17, 2026
7-Bedroom Luxury Home Taking Shape on Edward Lane in Southampton Village
Corbel Developments is building a $7.95 million luxury home with seven bedrooms and 8.5 baths at 31 Edward Lane in Southampton Village, targeting completion in June 2026.
Wednesday, June 17, 2026