Rivian CEO taking different approach than Elon Musk for humanoid robotics company

Rivian CEO RJ Scaringe started a robotics company late last year called Mind Robotics that he says has has raised more than $1 billion....

Drugmakers race to find a place in the next wave of obesity drugs

Drugmakers are betting they can crack into the obesity drug market that Novo Nordisk and Eli Lilly currently dominate....

Paramount-WBD merger wins approval from DOJ

The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general....

Elon Musk becomes world's first trillionaire as SpaceX begins trading on the Nasdaq

Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Friday is roughly $1.05 trillion....

Elections advertising spend for 2026 expected to reach record high, outpacing presidential years

High-profile 2026 midterm races in California, Texas and other key states are driving higher spend earlier in the cycle, AdImpact found....

SpaceX millionaires are set to spend big on luxury homes, watches and private jet travel

SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls....

Beyond SpaceX: Here's where family offices see buying opportunities in the space economy

Personal investment firms of the ultra-rich are interested in space startups even without Elon Musk's name attached....

World Cup travel boost hasn't materialized for U.S. businesses — yet

The expected travel boom from the World Cup is looking like it will be a city-by-city, match-by-match test of pricing power....

How pandemic car shortages are still making new and used cars expensive

Pandemic-era shortages are still pushing up used car prices, and automakers learned lessons from that time that stands to keep supply tight...

GM eyes new battery chemistry to grow AI data center, energy storage business

GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries....