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Elon Musk’s xAI Raising Money Again—But Musk, as Usual, Denies It
CNBC and Bloomberg reported that Elon Musk’s xAI is raising $10 billion at a $200 billion valuation—just weeks after securing $10 billion in debt and equity at a $120 billion valuation.

By The Financial District
Sep 26, 20251 min read


Jony Ive Cooking Up New Products at OpenAI
Speculation about OpenAI’s first AI-native hardware has swirled since longtime Apple design chief Jony Ive joined via an acquisition in May.

By The Financial District
Sep 26, 20251 min read


Colorado Startup to Develop World’s Biggest Military Cargo Plane
Boulder-based Radia will build the WindRunner, billed as the world’s largest military cargo aircraft, for US and NATO forces to address a growing airlift gap.

By The Financial District
Sep 26, 20251 min read


Australia’s ‘Maze of Uncertainty’ Scuttles $40 Billion in M&A
Nearly $40 billion worth of major buyouts have collapsed in Australia this year — the most in 15 years — as regulatory hurdles and valuation disputes weigh on deals.

By The Financial District
Sep 26, 20251 min read


Nvidia Tie-Up Leaves Intel a Bit Short
Nvidia plans to invest $2.7 billion to support the UK’s artificial intelligence industry by funding startups and partnering with venture capital firms.

By The Financial District
Sep 25, 20251 min read


CoreWeave Bets $29 Billion on AI Boom — But Risks Loom
Graphics processing units (GPUs), commonly designed by chip giant Nvidia, have become the core engine for artificial intelligence.

By The Financial District
Sep 25, 20252 min read


Savannah Bananas Turning Baseball Into Big Business
In a fast-paced version of the sport known as Banana Ball, players backflip to catch fly balls, take choreographed dance breaks between batters, and more.

By The Financial District
Sep 25, 20251 min read


Saylor Crypto Imitators Beleaguered as Doubts Grow Over Business Model
Enthusiasm for Michael Saylor’s Strategy (MSTR)—and some of its imitators—has been fading, with shares of those companies tumbling over the past month.

By The Financial District
Sep 24, 20251 min read


China Sticks to Position on TikTok’s U.S. Future After Trump Call
China stuck to its stance on the future of TikTok in the U.S. a day after President Donald Trump said a deal to shift the short video app to U.S.-controlled ownership was progressing.

By The Financial District
Sep 24, 20251 min read


Trump's New $100,000 Visa Fee Sets Off Panic, Confusion
The surprise order from the Trump administration imposing a new $100,000 fee on some visas set off a day of frantic travel as workers, companies, and foreign governments scrambled to respond to Washington's latest immigration crackdown.

By The Financial District
Sep 24, 20251 min read


33.3% of Outokumpu Clients Freeze Stainless Steel Imports Due to Tariffs
At least one-third of surveyed companies have paused or delayed stainless steel orders because of US import tariffs of up to 50%, while more than half are reassessing their sourcing strategies.

By The Financial District
Sep 24, 20251 min read


BYD Stock Falls After Buffett Sells Entire Stake in EV Maker
Shares of BYD Co. fell the most in three weeks after a report that Warren Buffett’s investment firm sold its entire stake in the Chinese electric-vehicle maker.

By The Financial District
Sep 24, 20251 min read


[Feature] Architect Gene Go on Why Givers Gain
Architect Gene Arthur Go did not stumble into entrepreneurship. He grew up inside it.

By Gerry Urbina
Sep 23, 20254 min read


China-Made Flying Cars Collide at Air Show Rehearsal
Two flying cars collided during rehearsals for an air show in China meant to showcase the country’s cutting-edge technology.

By The Financial District
Sep 23, 20251 min read


Sex Abuse Charges Against Top Aussie Radio Host Downgraded
Prosecutors have downgraded some of the most serious sex abuse charges against veteran broadcaster and former Wallabies coach Alan Jones after a recent court hearing.

By The Financial District
Sep 23, 20251 min read


Trump to Impose $100,000 Fee Per Year for H-1B Visas
The Trump administration said it would require companies to pay $100,000 per year for H-1B worker visas, a move that prompted major tech firms to warn visa holders to stay in the U.S. or quickly return.

By The Financial District
Sep 23, 20251 min read


Spirit to Slash Flight Capacity by 25%, Cut Jobs
Spirit Airlines will cut jobs and reduce flight capacity by 25% year-on-year in November, deepening struggles for the budget carrier.

By The Financial District
Sep 22, 20251 min read


Air India Crash Victims’ Families Sue Boeing, Honeywell
The families of four passengers who died in an Air India jet crash in June have filed a lawsuit in the United States against planemaker Boeing and aircraft parts maker Honeywell, accusing them of negligence.

By The Financial District
Sep 22, 20251 min read


Cyberattack Strands Thousands of Passengers in UK, EU Airports
A cyberattack on a key provider of airline check-in and boarding systems disrupted operations at major European airports on Saturday, delaying and canceling flights across the continent.

By The Financial District
Sep 22, 20251 min read


Musk Buys $1B Worth of Tesla Stock to Boost Company’s Value
Tesla’s stock rose last week after Elon Musk bought more than 2.5 million shares, worth about $1 billion (€850 million), in his own company.

By The Financial District
Sep 20, 20251 min read


Alphabet Reaches $3-T Market Capitalization
Alphabet’s shares continued to climb this week, pushing the Google parent company’s valuation past $3 trillion (€2.55 trillion).

By The Financial District
Sep 19, 20251 min read


Osaka Expo Sees Record 218,130 Visitors
Expo 2025 Osaka, Kansai drew a record 218,130 visitors on September 13.

By The Financial District
Sep 19, 20251 min read


Trump Orders Delta, Aeromexico to End Joint Venture by January 1
The Trump administration said earlier this week it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by January 1 that allowed the carriers to coordinate scheduling, pricing, and capacity decisions for US–Mexico flights.

By The Financial District
Sep 19, 20251 min read


Oracle, Silver Lake to Control 80% Stake in TikTok in U.S.
TikTok’s US operations will be controlled by an investor consortium including Oracle, Silver Lake, and Andreessen Horowitz under a framework the US and China are finalizing.

By The Financial District
Sep 18, 20251 min read
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