Business Update

Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan. Source link

As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries. Source link

Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran Source link

In separate small clinical trials, two treatments showed promise that they could help patients with one of the most dire diagnoses in oncology. Source link

Airline passengers are feeling the pain in rising fees, as the war in Iran weighs on the price of jet fuel. Loyalty programs and certain credit cards can help ease the burden. Source link

People have plowed through savings, cashed out retirement funds and moved in with relatives. Former U.S.A.I.D. workers estimate that less than half have found full-time work. Source link

The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important. Source link

The former congressman said it was an “appropriate time” for a leadership change at Truth Social’s parent company, whose share price has floundered. Source link

The action comes after the release of the Epstein files, in which Bill Gates and some former advisers figure prominently. Source link

The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public. Source link