Sen. Elizabeth Warren urges the SEC to delay SpaceX's massive IPO, citing valuation, governance, index, and retail investor risks that could destabilize markets and harm savers.
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Justice Department Approves Paramount–Skydance Deal as Warner Bros. Faces Added Pressure
Justice Department clears Paramount Skydance's $111 billion Warner Bros. Discovery deal, intensifying pressure on Warner Bros. amid weak credit ratings, heavy debt, and shifting streaming competition.
SpaceX Shares Surge Nearly 20% After Record-Breaking IPO
SpaceX shares jumped nearly 20% in their Nasdaq debut after a record $75 billion IPO, valuing Elon Musk's company at over $2 trillion and highlighting Starlink's growth.
Uber Now Keeps Larger Share of Ride's Fare in Some Cities, Drivers Receive Less Than 50%
Uber is keeping a larger share of fares in some cities, with drivers often earning under 50% per trip as higher take rates and fees cut into their income.
Spotify Quietly Removes Tens of Thousands of Podcasts Promoting Selling of Prescription Drugs
Spotify quietly removed over 57,000 podcast episodes promoting illegal online prescription drug sales, after investigations and pressure from US lawmakers raised concerns about its content moderation.
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New York's Penn Station will undergo an $8 billion Trump-backed remodel, adding Roman-style columns, a grand train hall, more sunlight and expanded concourses for commuters.
Kroger will pay $1.25 million to settle a California lawsuit alleging misleadingly low calorie counts on Carbmaster bread products and requiring corrected labels and online listings.
Uber and Wayve will launch AI-powered driverless cars on the Uber app in London this summer, offering limited robotaxi rides with trained safety drivers on board.
Global airlines face a forecast 50% profit drop in 2026 as jet fuel costs surge by $100B, forcing fare hikes, cost cuts, and capacity adjustments worldwide.
Analysts say Elon Musk could become the first trillionaire as SpaceX's blockbuster IPO this week may lift his combined Tesla and SpaceX wealth above $1.1 trillion.
OnTime was founded to put home care operators first. This way, aging populations in the United States may be supported by providers equipped to meet their needs.
Federal judge blocks Trump's $100K H-1B visa fee, ruling he lacked authority to impose what amounted to a tax, restoring lower costs for skilled-worker visa applicants.
Security failures at Houston's Bush Airport were exposed after a man with a forged boarding pass allegedly boarded a United Airlines L.A.-bound flight, triggering investigations and delays.
