SpaceX sets aside up to 5% of shares in IPO for certain employees and friends
In an updated IPO prospectus, SpaceX said that up to 5% of stock being offered by the company in the offering will be available in a direct share program.
UAW union strike threatens General Motors truck production
Nearly 1,000 workers at a Michigan supplier plant that notably makes parts for GM pickup trucks went on strike Monday after not reaching a new contract deal.
Anthropic to offer EU access to its advanced Mythos model
Anthropic is sharing access to its most advanced AI model, Mythos, with the EU after the bloc sought permission over cybersecurity concerns.
Berkshire’s bet on Taylor Morrison suggests the housing market may have bottomed
Analysts say the deal between Berkshire Hathaway and Taylor Morrison signals that the housing market may have bottomed.
Schumer says Democrats will force Senate votes to block Trump’s DOJ ‘lawfare’ fund
Opposition to the $1.8 billion Justice Department fund, which critics call a “slush fund,” helped grind Senate floor action to a halt last month.
AI revolution is ‘50x bigger’ than the dot-com boom: SoftBank’s Masayoshi Son to CNBC
The AI revolution will be 50 times bigger than the dot-com revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday.
Trump hits out at ‘chirping’ critics as U.S. and Iran launch fresh wave of strikes
Trump’s Truth Social post comes as air strikes between the U.S. and Iran resumed over the weekend.
U.S. and Iran still without deal to end war after Trump says he’s not in a ‘hurry’
Trump threatened further military action if negotiations break down and the U.S. does not receive the concessions from Iran it desires.
DOJ seeks Judge Eleanor Ross recusal in Georgia election case, citing reports she was disciplined
The DOJ is suing Georgia Secretary of State Brad Raffensberger over his refusal to give the department election records.
Meta has struggled at selling anything other than ads. Will AI be different?
Meta is making a major push to expand its business beyond online advertising, but past efforts show that success is far from guaranteed.
