A new deal from Eaton gives investors exactly what they want: a leaner company with greater exposure to the AI data center boom. Auto parts manufacturer Dana has agreed to combine with Eaton’s lagging Mobility business in a deal that values the unit at $5.1 billion, the companies said on Thursday. The move not only…
President Donald Trump said Thursday that he will nominate Jay Clayton as director of national intelligence, hours after objections by House Democrats to Trump’s incoming acting DNI, Bill Pulte ensured that a key national security tool will expire this week. Clayton is currently the U.S. Attorney for the Southern District of New York and is…
President Donald Trump on Thursday canceled an upcoming round of U.S. military strikes against Iran, claiming that talks with the Islamic Republic “have been brought to the highest level of Iranian leadership and approved.” “Discussions and final points have been, in both concept and great detail, approved by all parties involved,” including Israel and nine…
SpaceX’s initial public offering this week is set to be the biggest ever in history, flooding the stock market with new shares that begs the question: where is the money going to come from? As far as Wall Street is concerned, the stock market has what it takes to absorb the new equity supply. In…
Gold bars are displayed in a photo illustration, reflecting recent movements in gold prices driven by inflation concerns and central bank policy outlooks in Brussels, Belgium, on December 23, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Gold fell to a fresh six-month low on Thursday as investors dump…
Senator Tammy Baldwin, a Democrat from Wisconsin and U.S. Rep. Ro Khanna, D-Calif. Eric Lee | Bloomberg | Alex Wong | Getty Images Sen. Tammy Baldwin and Rep. Ro Khanna are introducing a bill Thursday to establish a federal review board for direct foreign investment in the U.S., as President Donald Trump courts global ventures…
Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. Evan Vucci | Reuters Iran will treat all of Elon Musk‘s companies in the Middle East, including…
US President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Wednesday, June 3, 2026. Shawn Thew | Bloomberg | Getty Images The U.S. military will attack Iran “VERY HARD TONIGHT,” and will soon take over the country’s “oil infrastructure points,” including taking Kharg…
As seen from Canaveral National Seashore, a SpaceX Falcon 9 rocket carrying 60 Starlink satellites launches from pad 39A at the Kennedy Space Center on October 6, 2020 in Cape Canaveral, Florida. This is the 13th batch of satellites placed into orbit by SpaceX as part of a constellation designed to provide broadband internet service…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images Friday’s hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a “referendum” on Elon Musk’s leadership, according to market watchers. Musk’s eye-watering $1.75 trillion valuation target reflects a price-to-earnings…
