Business & Markets — September 16, 2026

SK Hynix, Intel discuss U.S. chip deal. South Korea’s SK Hynix is negotiating a deal for Intel to manufacture its memory chips in the U.S. for the first time; both stocks rose Wednesday on the report.

Reuters, citing sources, reported that an agreement would be a marquee win for Intel’s foundry operation, the contract-manufacturing arm that makes chips for outside customers. The talks remain at the discussion stage, and no final agreement has been announced. Investors in both companies responded to the report, signaling the perceived stakes of a domestic memory-manufacturing partnership between the two chipmakers.

Reuters · Read more ↗

Amazon plans same-day expansion. Amazon plans 1,000 same-day fulfillment centers to put inventory within 10 miles of most U.S. Prime customers, a direct challenge to Walmart.

Business Insider · Read more ↗

Senior poverty reaches 15.4%. Poverty among older Americans rose to 15.4% in 2025 even as overall incomes increased. Social Security faces a potential 22% benefit cut by 2032 without congressional action.

USA Today · Read more ↗

Phil Knight funds Oregon women’s hospital. Nike co-founder Phil Knight and wife Penny committed $1.1 billion to build Oregon’s first women’s health hospital — one of the largest gifts to a U.S. medical institution in history.

Inc. · Read more ↗