US Business

Two-ton satellites, laser communications, in-space mobility ships and more are drawing attention and new funding.

The U.S. military is asking defense contractors to cut years off production time and slice hundreds of millions of dollars in costs.

The world is guzzling so much oil from commercial and strategic inventories that they risk falling below their minimum operating levels.

Plus, the cage fight at the White House is happening, and the New York Knicks took down the San Antonio Spurs to conquer the basketball world—and bring joy to New York.

The SpaceX IPO is the first in a string of AI public-market debuts that could deliver new riches to startup employees to donate to charity.

The $81 billion acquisition by Paramount still requires approval from European regulators.

The private-equity giant and co-investors would take a majority interest in a firm long resistant to outside ownership.

The Swedish private-equity firm is planning to sell its minority stake in a Singapore-based healthcare provider for about $600 million, according to people familiar with the situation.

The buyer paid more than $10 million for a company valued at around $300 million in 2022.

Leaders at the space and AI company share ties to a Cornell University team where they honed their engineering skills.