President Donald Trump has warned France must scrap a 3% tech “sales tax” or face 100% tariffs on U.S. imports of its wines and champagne, the NY Post reported Monday. The president issued the threat ahead of this week’s G7 summit in Évian-les-Bains, France. “I asked [President Macron] not to charge American companies, and if
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U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., June 11, 2026. Daniel Heuer | Reuters The U.S. and Iran have agreed on a deal to bring their nearly four-month war to an end, with both sides declaring the immediate and permanent termination of military operations on
Donald Trump has now told us for the 38th time that we are on the brink of a peace deal with Iran, a Memorandum of Understanding in which we both agree to turn the Strait of Hormuz back into a free passage zone, in which we agree to stage a next level of negotiation on Iran’s
A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways is already the biggest airline in Fort Lauderdale, Florida, and it wants to get even bigger. “Lauderdale has been a star for us,”
A video displays Elon Musk, founder of SpaceX, after the company’s initial public offering at the Nasdaq MarketSite in New York on June 12, 2026. Michael Nagle | Bloomberg | Getty Images Shortly before the opening of Nasdaq trading on Friday, Elon Musk stepped in front of a cheerful crowd at SpaceX’s company town in
US President Donald Trump speaks during a proclamation signing in the Oval Office of the White House in Washington, DC, US, on Thursday, June 11, 2026. Jim Lo Scalzo | Bloomberg | Getty Images President Donald Trump on Saturday said that an agreement to end the war with Iran will be signed on Sunday, followed
Humanoid industrial robot are on display at the humanoid robot data training center in Shougang Park on March 27, 2025 in Beijing, China. VCG | China News Service | Getty Images PARK CITY, Utah — Rivian Automotive CEO RJ Scaringe envisions a day in the not-so-distant future when the electric vehicle maker’s manufacturing employees will
President Donald Trump on Friday insisted that the terms of a war-ending deal that have been circulating in Iranian state media “have NOTHING to do with the terms that were agreed to, in writing.” Iran’s Mehr News Agency had reported that a draft deal includes a commitment from the U.S. to lift oil sanctions and
Workers erect scaffolding at the Kennedy Center in Washington, DC, US, on Friday, June 12, 2026. Andrew Leyden | Bloomberg | Getty Images President Donald Trump‘s name still must come off the Kennedy Center in Washington, a federal judge ruled Friday in rejecting a last-minute bid to block an earlier order to remove the name.
SpaceX didn’t just rewrite the playbook for aerospace and defense, it helped birth a new space economy. Now Elon Musk’s company is tackling a different type of moonshot: going public. “I wasn’t sure we would go public,” SpaceX Chief Operating Officer Gwynne Shotwell told CNBC in an exclusive interview, just before the company started its
SpaceX is officially set for the largest IPO on record. Elon Musk’s reusable rocket company is raising $75 billion, selling 555.6 million shares for $135 a piece, according to a filing with the Securities and Exchange Commission. The deal values SpaceX at $1.77 trillion, making it the seventh most-valuable U.S. company, ahead of Tesla, Musk’s
The Starlink logo appears on a smartphone screen with a starry night sky in the background. Nurphoto | Nurphoto | Getty Images As investors line up to buy SpaceX stock in the largest IPO on record, about the only real business they have to evaluate is Starlink, the company’s satellite internet division. It’s by far
Nothing about SpaceX‘s initial public offering is ordinary. The rocket maker is aiming to raise a record sum, by a wide margin, at a historic valuation, and will be controlled by Elon Musk, who’s also CEO of Tesla, another trillion-dollar company. When it comes to the mechanics of the share sale, SpaceX is offering a
Agriculture Secretary Brooke Rollins told CNBC on Monday that the New World screwworm is a “little pest.” In the past, she called the parasite “terrifying.” The discrepancy in messaging before and after the flesh-eating pest was detected in the U.S. offers a window into how Rollins is managing the screwworm threat now that it has
Oracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 5% in extended trading as the company plans to raise more money to finance its AI buildout. Here’s how the company did in comparison with LSEG consensus: Earnings per share:
Microsoft co-founder Bill Gates arrived on Capitol Hill on Wednesday morning to be questioned behind closed doors by a House committee about his controversial friendship with the notorious sex offender Jeffrey Epstein. “I hope my testimony is helpful to the important work of the committee to find justice for the victims,” Gates said in a
Super Micro Computer CEO Charles Liang speaks at the Raise summit in Paris on July 8, 2025. Nathan Laine | Bloomberg | Getty Images Super Micro Computer shares sank 9% in extended trading on Tuesday after the computer server maker announced $7 billion in equity-related financing deals to help to cover the cost of hardware
Democratic Caucus Chairman Rep. Pete Aguilar, D-Calif., speaks during a news conference with House Democratic leadership at the U.S. Capitol in Washington, Jan. 10, 2023. Sarah Silbiger | Reuters The U.S. House on Tuesday on a 214-212 vote approved a $70 billion funding package despite Democrats’ vows to oppose it. The vote was a test
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