Starlink Becomes SpaceX’s Profit Engine
The Growth Story Behind The IPO SpaceX is best known for reusable rockets and its high-profile push into artificial intelligence through its merger with xAI. But as Elon Musk’s company prepares investors
Schlitz Beer Retired After 177 Years
A Milwaukee Icon Reaches Its End Schlitz beer, one of Milwaukee’s most historic brands and once the largest brewer in America, is being retired after 177 years. Pabst Brewing Company, which owns
Meta Layoffs Deepen AI Workforce Anxiety
A Different Tone From Zuckerberg Meta is preparing another major round of job cuts, but the message from the top is different from the one employees heard during the company’s first post-pandemic
Allegiant Closes Sun Country Deal
A New Low-Cost Airline Group Takes Shape Allegiant Travel Co. has completed its acquisition of Sun Country Airlines, creating a larger leisure-focused airline group at a time when the sector is facing
GM Cuts IT Jobs As AI Reshapes Workforce
Layoffs Hit Technology Teams General Motors laid off about 500 to 600 employees on Monday, largely affecting information technology roles in Austin, Texas, and Warren, Michigan. The cuts come as the Detroit
Disney Rises As New CEO Outlines Strategy
D’Amaro Sets A Clear Direction Walt Disney shares rose nearly 8% in early trading after new chief executive Josh D’Amaro outlined his strategy for the entertainment group. Speaking on his first earnings
Spirit Shutdown Empties LaGuardia Terminal
A Sudden Collapse Hits Terminal A The abrupt shutdown of Spirit Airlines has left LaGuardia Airport’s Marine Air Terminal nearly deserted, turning one of New York’s most historic aviation spaces into a
Sony Settlement Opens For PlayStation Users
A $7.85 Million Deal Moves Forward Some PlayStation customers in the United States may be eligible to receive part of a proposed 7.85 million dollar settlement involving Sony Interactive Entertainment. The class
Pickleball Inc. Raises $225 Million
A Record Investment For A Fast Growing Sport Pickleball Inc., the new parent company of Major League Pickleball and the PPA Tour, has raised 225 million dollars in new investment. The funding
Meta Links Layoffs To Rising AI Spending
Zuckerberg Addresses Workforce Cuts Meta Chief Executive Mark Zuckerberg told employees that the company’s planned layoffs are linked to rising capital spending on artificial intelligence infrastructure. Speaking at a company town hall
Musk And Altman Face Trial Over OpenAI
A Silicon Valley Feud Enters Court A long running dispute between Elon Musk and Sam Altman is set to move into a California courtroom, placing one of the technology sector’s most consequential
Spirit Rescue Plan Could Redraw Airline Competition
A possible federal rescue package for Spirit Airlines is raising far bigger questions than the fate of one struggling carrier. According to the reported proposal, the Trump administration is discussing a $500
Jet Fuel Risks Could Disrupt Summer Travel Plans
Rising concern over jet fuel supplies is starting to cast a shadow over summer travel, especially for passengers flying internationally. The problem is not yet at full crisis level, but the longer