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While the iPhone 17 is expected to be one of the hottest gifts this holiday season, some of the early adopters of Apple’s latest phone may be moving on to something different already. New data from B-Stock, a B2B marketplace for wholesale liquidation of returned and overstock inventory, finds that large cellular carriers are already moving “bulk quantities” of iPhone 17s through the resale channels for B2B customers. One sale on the site currently offers 111 iPhone 17 Pro Max units (with bidding for the lot standing at $80,200 as of Wednesday afternoon). All totaled, there were more than 300 iPhone 17 devices up for resale on the site as of Wednesday. The sale…

The U.S. and Israel’s attack on Iran led to commercial flights disruption on Saturday across the Middle East and beyond as regional airspaces began closing and tens of thousands of travelers around the globe were stranded. Israel, Qatar, Syria, Iran, Iraq, Kuwait and Bahrain closed their airspace, while Oman’s Muscat International Airport shut down and all flights were restricted over the United Arab Emirates, according to flight tracking website FlightRadar24. Major airlines based in the Middle East with worldwide networks canceled hundreds of flights while many other travelers were unexpectedly diverted to airports across Europe or flown back to departure airpor…

Iran offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program, officials with knowledge of the proposal said Monday. Iran also wants the United States to end its blockade of the country as part of its proposal, according to the two regional officials, who spoke on condition of anonymity to discuss the closed-door negotiations. Oil prices were up Monday as a standoff between the U.S. and Iran in the Strait of Hormuz remained despite a ceasefire, while Pakistan leaders were seeking to revive stalled talks between the two countries. Iran’s Foreign Minister Abbas Araghchi was in Russia Monday for a meeting with President Vladimir…

Mojtaba Khamenei, a son of Iran’s late supreme leader, has been named as the Islamic Republic’s next ruler, authorities announced Monday, as Tehran widened its attacks across the Mideast to strike oil and water facilities crucial to its desert sheikdoms. With Iran’s theocracy under assault by the U.S. and Israel for more than a week, the country’s Assembly of Experts chose as the next supreme leader a secretive, 56-year-old cleric who maintains close ties to the country’s paramilitary Revolutionary Guard. The Guard has been firing missiles and drones at Israel and Gulf Arab states since the younger Khamenei’s father, Ayatollah Ali Khamenei, was killed Feb. 28 during the …

Branded is a weekly column devoted to the intersection of marketing, business, design, and culture. Just a few years ago, iRobot, best known as the maker of the Roomba, was riding high, with annual revenue topping $1 billion; Amazon bid $1.7 billion to add it to the e-commerce giant’s home technology business. But that deal fell through, and now the Bedford, Massachusetts-based company has reported plunging revenue and steep losses, and recently warned investors of “substantial doubt” about its “ability to continue as a going concern.” With its share price down drastically, it’s now worth about $100 billion. How did the creator of the iconic round robot vacuum—which h…

Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection. As of this writing, IRBT shares are down more than 78%—and the news is only expected to get worse for common shareholders. Consumers, on the other hand, may be wondering if their Roombas will stop working. Here’s what you need to know. What’s happened? On Sunday, iRobot Corporation said it has filed for bankruptcy. The Massachusetts-based company is seeking Chapter 11 protection in the District of Delaware. As part of the process, iRobot has entered into a Restructuri…

Fans of Iron Hill Brewery & Restaurant will be disappointed to learn that the beloved restaurant and pub chain has abruptly closed all of its locations across multiple states. Here’s why and what you need to know about Iron Hill Brewery’s closure. What’s happened? Yesterday (Thursday, September 25), Iron Hill Brewery & Restaurant made several announcements. Effective immediately, it was closing the doors to all its locations, the company revealed. Iron Hill Brewery & Restaurant was founded nearly 30 years ago. Its first location opened in Newark, Delaware, in 1996. Since then, it had expanded to multiple states along the country’s eastern coast, in…

A new year brings a new tax filing season. With many cash-strapped Americans worried about their finances, many can’t wait to file their returns. The sooner you file, the sooner your chances of getting your refund, after all. But just when can you begin submitting your tax return to the Internal Revenue Service (IRS)? That depends. Here’s what you need to know about the 2026 tax filing season. When does the 2026 tax filing season begin? There are actually two start dates to the 2026 tax filing season this year. The 2026 tax filing season refers to the period taxpayers have to file their tax returns for the 2025 calendar year. According to an IRS press rele…

A landmark federal court decision has opened the doors to COVID-era tax refunds for millions of U.S. taxpayers. In Kwong v. United States, the U.S. Court of Federal Claims determined that the COVID-19 pandemic effectively paused federal tax deadlines from January 2020 through July 2023, giving taxpayers more time to file and pay their taxes than the Internal Revenue Service (IRS) had previously recognized. The court ruled that the disaster-relief provision in Internal Revenue Code Section 7508A requires the IRS to pause all penalties and interest throughout the entire disaster period, plus an additional 60 days. That means that while the COVID-19 federal dis…

Recently, the IRS realized that it owes $2.4 billion total in COVID stimulus payments to about one million taxpayers, with a maximum payment of $1,400. If you’re eligible for a stimulus check, you don’t have to do anything to receive it: The IRS is sending out honest-to-goodness windfalls to a million Americans. Unlike your tax refund—which is a portion of your salary being returned to you—no one is likely to wag a finger at you for getting a stimulus check. But that doesn’t necessarily make it easy to figure out what to spend your stimulus money on. If you’re looking for good uses for your stimulus money, here are several strategies that can help you make the mos…

The Internal Revenue Service (IRS) has issued a warning that more than a million taxpayers are still eligible to receive a share of more than $1 billion in refunds—but they need to act quickly. Here’s what you need to know. Over $1 billion in refunds still to be claimed The refunds are due to people who have yet to file their 2021 tax return. The IRS says the total potential value of the refunds still to be claimed is estimated to be $1,025,336,800. As many as 1,142,000 taxpayers are eligible for part of that payout and the median refund amount is estimated to be $781 per taxpayer, the agency says. That means half of the people who are due refunds will receive…

Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline. Tax experts, including the IRS’ independent watchdog, have warned that this year’s filing season could be hampered by the loss of tens of thousands of tax collection workers who left the agency through planned layoffs and buyouts spurred by Elon Musk’s Department of Government Efficiency. The IRS will also be responsible for implementing major provisions of Republicans’ tax and spending package signed into law last summer. Several provisions in the law retroactively affect the 2025 tax year, likely…