United States · Business
Same event, multiple sources, transparently cited.
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SpaceX files for IPO fueling speculation on Tesla merger before May 2027
SpaceX filed to go public on May 21, sparking renewed speculation of a merger with Tesla by next year under Elon Musk's leadership.
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Hayden Panettiere gave full custody of daughter to Wladimir Klitschko amid postpartum depression
In 2018, actress Hayden Panettiere granted full custody of her daughter to ex-fiancé Wladimir Klitschko due to postpartum depression and addiction struggles.
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Fred Smith names Raj Subramaniam FedEx CEO with freedom to reshape strategy
FedEx founder Fred Smith appointed Raj Subramaniam as CEO, giving him authority to reshape the company’s strategy.
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IMF Lowers France’s 2026 GDP Growth Forecast to 0.7% Citing Rising Risks
The IMF cut France’s 2026 GDP growth forecast to 0.7% from 0.9%, citing geopolitical shocks and election uncertainty.
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European Stock Markets Expected to Rise 5% by End of 2026 on Earnings Growth
European stock markets could gain 5% by year-end with strong earnings and concentrated EPS growth supporting gains.
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Trump administration rolls back EPA refrigerant rules to cut costs for grocery stores
The Trump administration delayed Biden-era EPA rules on refrigerants used in grocery store equipment, citing $2.4 billion in savings for businesses and families.
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US weekly jobless claims fall to 209,000 amid economic uncertainty
Initial US jobless claims dropped by 3,000 to 209,000 for week ending May 16, below economist forecasts.
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DAZN explores partnership or acquisition of DirecTV Latin America after 2026 World Cup
DAZN is discussing a commercial partnership or possible acquisition of DirecTV Latin America, with a deal unlikely before the 2026 FIFA World Cup ends.
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Eli Lilly's retatrutide leads to up to 28% weight loss in phase 3 trial
Eli Lilly reported retatrutide helped obese adults lose an average of 28.3% of body weight over 80 weeks in a phase 3 trial.
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Utopai Studios Develops AI-Driven Film Production with Carmelo Anthony Partnership
Utopai Studios, co-founded by Cecilia Shen, integrates AI in film production and partners with Carmelo Anthony for sports content.
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About 40 supertankers with 80 million barrels of oil poised to cross Strait of Hormuz
Nearly 40 supertankers loaded with 80 million barrels of crude oil from Persian Gulf producers await clearance to transit the Strait of Hormuz.
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MSCI downgrades Indonesia's market information flow to negative over transparency concerns
MSCI downgraded Indonesia’s information flow assessment to negative, citing limited shareholding transparency and trading concerns.
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Arafura Rare Earths approves $1.6 billion Nolans mine development with major funding secured
Arafura Rare Earths Ltd. approved development of the Nolans rare earth mine in Australia, securing substantial funding and government backing.
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South Korea's Kospi rallies over 150% amid AI boom while won weakens 4%
South Korea’s Kospi index surged 150% in a year driven by AI demand, but the won currency declined about 4% over the same period.
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Sergey Brin Donates $500,000 to Oppose San Francisco CEO Overpaid Tax Measure D
Google co-founder Sergey Brin donated $500,000 to oppose San Francisco's Measure D tax on firms with high CEO pay ahead of June vote.
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India's economic activity steady in May despite energy crisis, flash PMIs show
India's manufacturing and services sectors showed steady growth in May amid an ongoing energy crisis and currency turmoil.
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Global Alcohol Consumption Falls 2% Annually from 2019 to 2025, IWSR Reports
Global alcohol consumption declined at a 2% annual rate from 2019 to 2025 across 21 countries and duty-free retail.
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RBC BlueBay raises yen longs ahead of expected BOJ rate hike and intervention
RBC BlueBay Asset Management increased long yen positions this week as the yen neared 160 per dollar amid rate hike and intervention expectations.
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Reserve Bank of India considers interest rate hikes to stabilize rupee amid sharp decline
The Reserve Bank of India is reviewing options including rate hikes to support the rupee after it hit a record low near 97 per US dollar.
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LaGuardia closes Runway 4/22 again for pavement repair, reopens after overnight work
LaGuardia Airport closed Runway 4/22 on June 17 due to pavement depression and reopened it early June 18 after repairs.
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Amazon MGM Studios drops Sam Altman biopic amid $50 billion OpenAI deal
Amazon MGM Studios has dropped plans to release 'Artificial,' a Sam Altman biopic, and is seeking a new distributor following its $50 billion OpenAI partnership.
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Mukesh Ambani’s Jio Platforms files draft IPO in India, could raise $4 billion
Jio Platforms filed draft IPO documents on June 19 aiming to raise about $4 billion, potentially India’s largest offering.
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US launches Section 301 probe into Germany's pharmaceutical pricing policies
The US Trade Representative opened a Section 301 investigation into German drug pricing amid concerns over underpayment for innovative pharmaceuticals.
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SpaceX plans $20 billion bond issue soon after record $86 billion IPO
SpaceX completed a record IPO and plans to issue $20 billion in bonds starting June 22 to refinance a bridge loan.