EV Maker Lucid Announces 1,500 Job Cuts
The restructuring includes the elimination of the chief operating officer position and operational changes at Lucid's manufacturing facility in Casa Grande, Arizona.
Breaking News
China Imposes New Export Controls On U.S. Companies
Chinese officials said the actions were necessary to protect national security and respond to recent U.S. policies affecting Chinese technology and defense-linked enterprises.
What Lessons Can Rural Areas Learn From Michigan’s Floods
The flooding damaged homes, washed out roads, and overwhelmed local infrastructure after a combination of heavy rainfall and rapid snowmelt produced record runoff in several regions of the state.
What Is SpaceX’s $6.3 Billion Computing Deal With Reflection AI
Under the agreement, Reflection AI will gain access to high-performance Nvidia GB300 graphics processing units beginning July 1, 2026.
U.S. Strike On Suspected Drug Boat Leaves Two Dead
The White House stated that the strike was conducted in self-defense and was intended to neutralize a vessel believed to be involved in illicit activities.
U.S. Trade Chief Visits India For Key Trade Negotiations
Greer is scheduled to hold ministerial-level discussions with Indian Commerce and Industry Minister Piyush Goyal on June 23 and 24.
Iranian Oil Trade Gets Temporary U.S. Approval Through August
Treasury Secretary Scott Bessent said the move is part of a broader diplomatic framework aimed at advancing a long-term agreement between the two countries.
WhatsApp Gets New CEO As Meta Backs India's Cred With Fresh Funding
As part of the transition, Meta will invest approximately $900 million in Cred at a reported valuation of $4.5 billion.
Elon Musk’s SpaceX Launches Bond Sale After Record-Breaking IPO
The fundraising effort follows SpaceX’s blockbuster IPO, which raised nearly $86 billion and significantly boosted its market valuation.
Why Did Strait Of Hormuz Shipping Slow Over The Weekend
Only 12 vessels passed through the strait on Sunday, down from more than 21 the previous day
Biden Seeks To Block Disclosure Of Sensitive Interview Tapes
The recordings, made in 2016 and 2017, could soon be provided to the Republican-led House Judiciary Committee unless courts intervene.
How Chevron Will Supply Energy To Microsoft’s Texas Data Center
The facility is expected to consume nearly 2.7 gigawatts of electricity, an amount comparable to the power needs of roughly 2 million homes.
Why JD Vance Says U.S.-Iran Negotiations Are Advancing
Vance said Iran had agreed to allow inspectors from the IAEA to return, describing the move as a major step toward preventing Iran from developing nuclear weapons.
Alan Greenspan, Architect Of Modern U.S. Monetary Policy, Passes Away
Widely known as the “Maestro,” Greenspan became famous for his complex communication style, often referred to as “Fedspeak.”
Trump Ally Edges Ahead In Colombia Presidential Vote
De la Espriella declared victory and said the outcome would mark a historic turning point for Colombia. President Donald Trump congratulated the candidate on social media.
New World Screwworm Outbreak Raises Alarm Across Southern US
The parasite lays eggs in wounds or body openings of warm-blooded animals. After hatching, the larvae feed on living tissue and can kill untreated animals within days