Investors Fret Over Tesla’s $25 Billion A.I. Bet
Elon Musk’s electric vehicle company said that it needs to spend big on artificial intelligence and robots. Wall Street is worried about the bill.
Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
Controversies and Production Issues Around ‘Michael,’ the Jackson Biopic, Explained
Reshoots, reluctant studios and family holdouts: the production faced many issues. But now the box office is expected to be huge.
Tesla Profit Rises but Remains Below Earlier Highs
The company is investing in robots and self-driving taxis that are not yet generating significant sales.
Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO
Heidi O’Neill will join the maker of yoga pants and other athletic clothing in September.
Former Employee Sues MrBeast’s Company, Alleging Harassment
The former employee of the YouTube star’s production company said in a federal lawsuit that she had experienced sexual harassment and pregnancy discrimination. Beast Industries denies all of the claims.
Trump Administration Nears Loan Deal to Rescue Spirit Airlines
The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz
Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began.
Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated.
Bessent Backs Financial Support for Oil-Rich U.A.E.
The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States.
Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud
Justin Sun, one of the largest backers of World Liberty Financial, sued the Trump family’s crypto start-up, accusing it of a fraudulent scheme to pressure him into buying digital coins.
Supreme Court Rejects Oil Company Argument in Fight Over Great Lakes Pipeline
The justices sided with Michigan officials, who have raised environmental alarms and pushed to decommission an aging section of the pipeline.
Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label
Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump’s demand for lower rates.
Anthropic’s New Mythos A.I. Model Sets Off Global Alarms
Mythos has triggered emergency responses from central banks and intelligence agencies globally, as Anthropic decides who has access to the powerful model.
Oil Prices Rise as Investors Weigh Cease-Fire Extension
Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran
A $440,000 Breast Reduction: How Doctors Cashed In on the No Surprises Act and Arbitration
A law meant to end surprise medical billing accidentally created a multibillion-dollar industry that is making doctors richer.
Lufthansa Cuts 20,000 Flights to Save Fuel Amid Iran War Price Surge
Global jet fuel prices have jumped more than 70 percent since the start of the war, pressuring airlines in Europe, the largest consumers of jet fuel shipped through the Strait of Hormuz.
Hoarding Is Driving Energy Prices Higher Everywhere
As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
The Consequences of SpaceX’s Latest A.I. Moonshot
Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.