Elon Musk Becomes World’s First Trillionaire On Wave Of SpaceX Debut
Elon Musk has reached unicorn-status in the wealth world, becoming the first trillionaire as SpaceX’s market debut pushes his fortune past $1 trillion.
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Rivian Bets R2 SUV to Convert Broad Market Contact Into a Household Name
Rivian launches the R2, moving an entry model forward to next summer and targeting mass-market appeal to rival Tesla and legacy brands.
New Candy Stores Pop Up Across NYC Amid Tightening Wallets
New candy stores are opening across NYC as retailers capitalize on affordable indulgences amid inflation and uncertain consumer sentiment.
GLP-1 Pipeline Expands as Lilly, Novo Nordisk and Pfizer Define Next Wave of Obesity Drugs
Lilly, Novo Nordisk and Pfizer outline a broader obesity-drug future, highlighting oral GLP-1s, amylin candidates and multi-target strategies at the ADA 2026 sessions.
DOJ Approves Paramount-WBD Merger, But State AGs Could Still Block Deal
The DOJ’s clearance marks a major federal milestone for Paramount Skydance’s $110 billion merger with Warner Bros.
Kidisle Coffee Makers Recalled Over Burn Hazard Affecting 17,600 Units
More than 17,600 Kidisle coffee makers have been recalled due to a burn hazard, with 107 incident reports and 27 injuries cited by the CPSC.
AI Remains Top Reason for US Job Cuts for Third Straight Month in May
May payroll reductions totaled 97,006, with AI cited as the leading reason for job cuts for the third consecutive month, accounting for 40% of...
Rivian CEO Takes Different Approach to Humanoid Robots Versus Elon Musk
Rivian CEO RJ Scaringe is pursuing an independent Mind Robotics while Rivian remains a major investor and customer, signaling a distinct approach to humanoid...
SpaceX IPO Set Record as It Goes Public on NASDAQ Under New Rules
SpaceX’s IPO introduces a 4% public float while NASDAQ debuts new rules for index inclusion, potentially lifting demand and setting a record for the...
Elon Musk Becomes World’s First Trillionaire As SpaceX Soars In Stock Market Debut
Elon Musk’s SpaceX IPO surged on its first day, sending the tech magnate to trillionaire status as shares priced above expectations and a flurry...