Business

Space stocks are falling hard — but SpaceX doesn’t deserve all of the blame

Investors are getting concerned that we may be near a period of “peak” defense spending, especially if control over Congress becomes divided.

Coinbase Vice Chair Discusses Clarity Act, C-Suite Shakeup

Ryan VanGrack, vice chair and head of corporate affairs of Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss the potential passage of the Clarity Act and the shakeup in executive leadership at Coinbase…

Microsoft is making a $190 billion AI gamble — and investors will soon see if it’s paying off

Wednesday’s earnings report will offer a read on whether Microsoft’s aggressive AI buildout is delivering appropriate returns

Ross Douthat Joins ‘60 Minutes’ as a Correspondent

Mr. Douthat, an opinion columnist at The New York Times, will join the CBS News program, along with several other journalists.

eBay agrees $56m settlement with bloggers over harassment case

Former eBay executives carried out "unprecedented" harassment over a critical newsletter.

KLA results beat Wall Street estimates, but shares fall on high investor expectations

Writers Guild Withdraws Support From Film Festival Over A.I.

Urbanworld, a New York event, has added a section for movies made with A.I. tools. The union was a sponsor but has been outspoken on the dangers of A.I.

Ford matches GM in one crucial way, and the stock jumps

Ford leans on pickup trucks and other traditionally powered vehicles to limit sales decline.

UPS CEO Says the Amazon Glide Down Is 'Behind Us'

United Parcel Service CEO Carol Tomé says the Amazon glide down "is behind us." The shipping company has been delivering fewer low-margin packages for Amazon. UPS shares fell after its outlook for volume and profit margins underwhelmed…

My stepdad is dying from cancer. How can I help my mom find out if she’ll get his assets?

“My worry is that one of his kids from his other marriage or one of his siblings will pop up and say they deserve his assets.”

‘Debt Can Be a Real Issue’ for CoreWeave, Says Damodaran

NYU Stern Kerschner Family Chair in Finance Education Aswath Damodaran discusses the AI investment cycle and says smaller companies like CoreWeave are in ‘danger territory’ when it comes to debt, but does not see a concern for larger…

Saudi Arabia has a new, and pricier, workaround to export its oil

Loadings at a Mediterranean port have picked up as Saudi Arabia races to offer its oil to buyers through a lengthier — and more expensive — backdoor.