Business Update

The $135 share price means Elon Musk’s rocket maker is poised to exceed the 2019 initial public offering of Saudi Aramco in both valuation and money raised. Source link

James Dolan, the longtime owner of the N.B.A. team, has faced years of jeers. Could a championship change all that? Source link

The administration has settled on a more legally and politically durable way to impose tariffs, but some say the focus on forced labor is merely a pretext for protectionism. Source link

The administration has started to repay some of the money, but has signaled it may make it harder for certain businesses to claim the full amount they are owed. Source link

In her first public comments on the firing, Ms. Weiss, the CBS News editor in chief, said that the longtime correspondent had “broken” the trust in the newsroom. Source link

Mr. Pulte has had difficulty boosting the housing market as head of the Federal Housing Finance Agency. Now he will also serve as acting intelligence director. Source link

Even the industry-friendly Trump White House is finding that it needs to have greater oversight of powerful new artificial intelligence models. Source link

The 27-nation European Union outlined how it hopes to expand the region’s data centers, semiconductors and cloud computing capabilities. Source link

Trump officials said they planned to impose levies of up to 12.5 percent on countries that failed to crack down on goods made with forced labor. Source link

Trump officials said they planned to impose levies of up to 12.5 percent on countries that failed to crack down on goods made with forced labor. Source link