SpaceX confidentially files for IPO, setting stage for record offering
Elon Musk's SpaceX is reportedly targeting a valuation of around $1.75 trillion in its forthcoming IPO.
Iran threatens Nvidia, Apple and other tech giants with attacks
Iran's Revolutionary Guard has warned a number of tech companies with Middle East operations that they'll be considered "legitimate targets."
Eli Lilly opposes push to pass Trump's drug pricing deals into law, CEO says
Eli Lilly opposes the White House's push to codify "most favored nation" drug pricing into law, CEO Dave Ricks said in an interview with CNBC.
Trump calls U.S. 'STUPID' for birthright citizenship after attending Supreme Court arguments
Trump's executive order says babies born in the U.S. are not entitled to citizenship if their parents are illegal immigrants or undocumented workers.
Trump says Iran's president asked for ceasefire, but U.S. wants Hormuz Strait open first
The war began in late February when the U.S. and Israel launched strikes on Iran, causing economic turmoil and massive global energy disruptions.
FDA approves Eli Lilly's GLP-1 pill, opening the next phase of the weight loss drug market
The FDA approval of Eli Lilly's GLP-1 pill Foundayo comes nearly three months after Novo Nordisk's oral version of Wegovy hit the market.
Wall Street loses patience with Nike as turnaround drags, China weakness deepens
Nike warned that its turnaround is taking longer than it expected, leading three Wall Street banks to downgrade the stock as investors lose patience.
Franklin Templeton acquires digital assets investment firm in active crypto management push
Franklin Templeton has agreed to buy 250 Digital, which will join the newly established unit Franklin Crypto, as the firm deepens its digital assets push.
Pete Hegseth lifts suspension of Kid Rock Army helicopter flyby crews after Trump comments
Kid Rock is a prominent supporter of President Donald Trump and performed at the 2024 Republican National Convention.
Trump signs executive order limiting mail-in voting ahead of 2026 U.S. elections
Trump has put pressure on Congress to pass the SAVE America Act, a measure that would require photo identification and proof of U.S. citizenship to vote.
Trump says he's considering pulling U.S. out of 'paper tiger' NATO
The president's comments are the latest threat to America's allies after their reluctance to help reopen the Strait of Hormuz.
Parents with student loans are running out of time to secure forgiveness and affordable payments
Parents with student debt still have time to consolidate their loans and preserve their access to affordable repayment plans and debt forgiveness.
Private sector hiring totaled 62,000 in March, better than expected, ADP says
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.
Intel shares jump 10% after buying back Ireland chip fab in sign of renewed strength
The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago.
Five key questions Apple faces entering its second half-century
As Apple turns 50, the iPhone maker faces questions about succession, its role in AI and whether it can maintain a premium brand.
Visa launches new AI tools to manage the charge dispute process
Visa's new tools are part of a larger push by major banks and financial institutions to incorporate AI into their businesses.
Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers
Xpeng's deal to make software, hardware and even vehicles with VW Group in China shows that Chinese firms are now making the high-value components.
Oil prices fall to around $100 after Trump indicates war could end in weeks
Crude prices fell Wednesday as President Donald Trump signaled a willingness to exit the Iran war even as the Strait of Hormuz remains largely closed.
Oracle layoffs will help cost savings, analysts say
Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center buildout.
'I hate customer-service chatbots': The consumer-AI refund relationship is off to a rocky start
Generative AI is designed to please humans, but maybe not in the case of customer service chatbots dealing with angry consumers looking for refunds.
Germany stops gas stations from raising pump prices more than once a day
Germany is introducing a fuel package to prevent powerful gas companies from "abusive fuel price increases," as the Middle East conflict continues.
NFL approves sale of 3.5% of Las Vegas Raiders at over $11 billion valuation
The National Football League has approved the sale of 7% of the Las Vegas Raiders at a valuation of more than $11 billion.
Anthropic leaks part of Claude Code's internal source code
Claude Code has seen massive adoption over the last year, and its run-rate revenue had swelled to more than $2.5 billion as of February.
Unilever’s $16 billion move shows a shift is happening in consumer products
The tie-up between Unilever and McCormick highlights a shift in strategy among consumer goods companies that prioritizes dominating specific categories