Elon Musk merges his space and AI ambitions under one roof as SpaceX finalizes the acquisition of xAI. The strategic move, combining Starlink, social platform X, and chatbot Grok, sets the stage for a landmark public offering and accelerates Musk's vision for off-planet data infrastructure.
NXP Semiconductors projects first-quarter revenue above analyst expectations, fueled by resilient automotive chip sales and signs of stabilization in the industrial sector, despite ongoing softness in communications infrastructure.
Amazon, Chanel, and other major creditors have formed a unified front in Saks Global's Chapter 11 proceedings, aiming to recover debts while the luxury retailer moves to liquidate its off-price division and renegotiate key partnerships.
A sharp 18.6% annual rise in serious mortgage delinquencies signals deepening strain for American homeowners, driven by soaring insurance, taxes, and living costs rather than risky loans.
A private survey reveals China's manufacturing sector gained momentum in January, fueled by pre-holiday production and stronger export orders. However, analysts caution that underlying structural imbalances and uneven regional growth continue to challenge the economic outlook.
Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.
A new legislative effort seeks to transform California's insurer of last resort into a comprehensive provider, potentially ending the need for hundreds of thousands of homeowners to juggle multiple policies amid the state's ongoing insurance crisis.
Hong Kong-listed digital asset platform OSL Group has raised $200 million in fresh equity capital, earmarked for acquisitions and international growth in its regulated stablecoin trading and payments ecosystem, signaling a major push as institutional interest in blockchain-based finance intensifies.
The latest release of court documents linked to Jeffrey Epstein has intensified scrutiny on the British establishment, implicating a disgraced royal, a former duchess, and a senior Labour figure in the financier's orbit.
California unveils a novel $200 million electric vehicle incentive program requiring matched funding from automakers and restricted to first-time EV buyers, with specific vehicle price caps to be set.
From under a dollar to over three, the price of a dozen eggs tells a story of inflation, disease, and changing agriculture. We break down the real cost by decade and explore what's driving your grocery bill higher.
Private equity firm RoundTable Healthcare Partners has acquired the dermatologist-trusted skincare and sun protection brand Colorescience from 1315 Capital, as the company's annual sales approach the $100 million mark.
In a recent podcast appearance, former New York City Mayor Rudy Giuliani questioned the official conclusion that Jeffrey Epstein died by suicide in federal custody, advocating for a more thorough investigation despite recent FBI affirmations.
Alphabet's self-driving subsidiary Waymo has closed a massive $16 billion funding round, catapulting its valuation to $126 billion and signaling robust investor confidence in the future of autonomous vehicles.
The benchmark index has been trapped in a tight range for months, gaining a mere 1% since October as a defensive rotation into energy and healthcare pressures tech-heavy portfolios. Analysts warn the prolonged consolidation is creating a 'ticking clock' scenario, setting the stage for a decisive breakout or breakdown.
DaVita Inc. shares soared after the kidney care provider posted robust fourth-quarter results and issued a 2026 profit forecast that significantly exceeded Wall Street expectations, signaling resilience against cost pressures and past operational challenges.
As Wall Street remains fixated on software-based AI, a leading tech analyst argues the next trillion-dollar opportunity lies in 'physical AI'—machines that see, move, and act. Dan Ives of Wedbush singles out Tesla and Nvidia as the indispensable architects of this new industrial revolution.
A new report finds corporate treasurers remain deeply concerned about deposit security, with most businesses holding funds far above FDIC insurance limits and vulnerable to operational shutdowns if a primary bank fails.
A new discounted cash flow analysis suggests Nine Entertainment Co. Holdings' shares could be trading at half their intrinsic value, sparking debate among investors about the true worth of the Australian media giant in a challenging advertising landscape.
A full-floor residence at the troubled supertall 432 Park Avenue, previously owned by developer Harry Macklowe, has sold for over $50 million following a foreclosure, as the building grapples with lawsuits over alleged structural defects.
