Tesla Profit Rises but Remains Below Earlier Highs
The company is investing in robots and self-driving taxis that are not yet generating significant sales. Read More
Category Business
Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO
Heidi O’Neill will join the maker of yoga pants and other athletic clothing in September. Read More
Former Employee Sues MrBeast’s Company, Alleging Harassment
The former employee of the YouTube star’s production company said in a federal lawsuit that she had experienced sexual harassment and pregnancy discrimination. Beast Industries denies all of the claims. Read More
Trump Administration Nears Loan Deal to Rescue Spirit Airlines
The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years. Read More
Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz
Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began. Read More
Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated. Read More
SpaceX Strikes Deal With Cursor for $60 Billion
The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public. Read More
Devin Nunes Departs Trump Media After 4 Years as C.E.O.
The former congressman said it was an “appropriate time” for a leadership change at Truth Social’s parent company, whose share price has floundered. Read More
Labor Secretary’s Departure Gives Trump an Opening to Focus on His Agenda
President Trump’s second-term goals to foster apprenticeships and manufacturing work rely on a Labor Department that has been distracted by internal turmoil. Read More
Gates Foundation Is Conducting an External Review of Its Epstein Ties
The action comes after the release of the Epstein files, in which Bill Gates and some former advisers figure prominently. Read More
