AT&T to Invest $250 Billion in U.S. Network Expansion
AT&T announced a plan to invest over $250 billion in the U.S. over the next five years to enhance its network infrastructure, including fiber and 5G technologies, in response to rising data demand. The company will hire thousands of technicians this year to support these efforts, which also include expanding satellite connectivity and bolstering network security. AT&T, which currently employs about 110,000 people in the U.S., aims to improve coverage across urban, suburban, and rural areas.
Amazon raises $37 billion in record bond sale
Amazon.com Inc. has raised $37 billion from a US dollar bond sale, with plans for a euro sale that could bring the total to nearly $50 billion. This fundraising effort marks the fourth-largest US corporate bond sale on record and the largest not linked to an acquisition, with peak demand reaching approximately $126 billion.
U.S. Diesel Prices Jump 85.9 Cents Amid Iran Strikes
U.S. diesel prices surged by 85.9 cents in one week, reaching approximately $4.599 per gallon as of March 9, 2026, following U.S. strikes on Iran and the effective closure of the Strait of Hormuz. This week-over-week increase of at least 23% has significantly impacted truck drivers, retailers, and manufacturers, with diesel now accounting for up to 40% of some truckers' gross income. Economists warn that continued disruptions could lead to higher consumer prices and a potential slowdown in global economic activity.
Lynas Rare Earths shares jump 15% on Japan deal
Lynas Rare Earths Ltd. saw its shares rise by 15% after securing a long-term supply agreement with Japan, which includes a commitment to purchase at least 5,000 tons annually of neodymium-praseodymium oxide until 2038. The deal features a price floor of $110 per kilogram and ensures that Japan will acquire at least half of Lynas's heavy rare earths, reflecting the ongoing impact of China's supply constraints.
