Business News
The president-elect recently tapped the SpaceX founder to co-lead a panel to improve government efficiency in his administration. President-elect Donald Trump is in Texas this afternoon to watch the SpaceX launch. “I’m heading to the Great State of Texas to watch the launch of the largest object ever to be elevated, not only to Space, … Read more
By Joey Roulette (Reuters) – Elon Musk’s SpaceX is set on Tuesday to launch the sixth test of its giant Starship rocket from Texas, eyeing improvements in its hypersonic reentry into Earth’s atmosphere and a novel technique for landing its booster, as U.S. President-elect Donald Trump watches in person. Trump is expected to be joined … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has dispatched JD Vance to Washington to shore up support for Matt Gaetz, the president-elect’s choice for attorney-general who faces accusations about his alleged sexual misconduct and drug use. Vance, the … Read more
President-elect Donald Trump says he is nominating Dr. Mehmet Oz, who hosted a long-running television talk show, to lead the Centers for Medicare and Medicaid Services. “Dr. Oz will be a leader in incentivizing Disease Prevention, so we get the best results in the World for every dollar we spend on Healthcare in our Great … Read more
The Bombay High Court has instructed the Serious Fraud Investigation Office (SFIO) not to take any coercive actions against Chanda Kochhar, former CEO and Managing Director of ICICI Bank. The court also mandated that any questioning of Kochhar should occur only during office hours. This directive was issued by a bench comprising Justices Revati Mohite-Dere … Read more
David Paul Morris / Bloomberg / Getty Images Super Micro Computer CEO Charles Liang Supermicro’s shares were up more than 30% in recent trading, extending a wild year that has seen both dramatic highs and steep declines. The company late yesterday issued a much-awaited announcement, naming a new auditor and filing a plan to avoid … Read more
Bitcoin Foundation Chairman Brock Pierce argues anyone who’s a skeptic over Bitcoin is clearly not reading the tea leaves. Trump Media and Technology Group (TMTG) is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt at a time digital assets are soaring since President-elect Trump — majority shareholder of the social media company — secured … Read more
In a challenging year for Government Properties Income Trust (NASDAQ:), the real estate investment trust’s stock has plummeted to a 52-week low, trading at $1.17. This latest price point underscores a significant downturn for the company, which has seen its stock value erode by an alarming 77.45% over the past year. Investors have been closely … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investigators of two severed data cables in the Baltic Sea are looking at the movements of a Chinese bulk carrier, the second such probe in recent months amid rising jitters in Europe over potential acts … Read more
