NEW YORK — The world's richest man just became its first trillionaire. Shares in Elon Musk's rocket company SpaceX soared 25% after opening for trading at noon Friday, an auspicious start for history's biggest initial public offering and enough to push the net worth of its founder and CEO ...
NEW YORK — U.S. stocks are rising Friday after oil prices fell again, and SpaceX surged in its highly anticipated debut on Wall Street. SpaceX is the first of three gargantuan companies in the artificial-intelligence industry expected to start selling their shares on the U.S. market, and it is being watched as a gauge for how hungry investors still are for AI stocks following vicious swings and big doubts for them over the last week. The S&P 500 rose 0.4%. The Dow Jones Industrial Average was up 336 points, or 0.7%, as of 12:49 p.m. Eastern time, and the Nasdaq composite was 0.2% ...
Renewable energy groups are suing the U.S. military because they say national security reviews for new wind farms on private land have been effectively frozen for months. The groups say this logjam jeopardizes $47 billion in investments and thousands of jobs in 21 states. President Donald ...
NEW YORK — U.S. stocks are climbing, and oil prices are falling Thursday after President Donald Trump called off his threat to bomb Iran in the evening. The S&P 500 jumped 1.3%, coming off a back-to-back drop that had yanked it back to where it was in early May. The Dow Jones Industrial ...
SAN FRANCISCO — Anthropic will donate $150 million to launch a fellowship program that places people early in their careers with nonprofits around the country to help them use artificial intelligence more effectively in their work. Claude Corps, named for the company's popular AI chatbot, ...
MILAN — Foreign workers building a sprawling $350 million American Consulate in Milan were paid less than $2 an hour after being promised fair wages, according to Associated Press interviews with five former employees and a review of their employment letters and pay stubs. Italian ...
