LOS ANGELES -- With SpaceX’s historic initial public offering minting a small army of new millionaires overnight, the Southern California housing market is bracing for a big wave of buyers looking to upgrade their digs or perhaps snag a second home, potentially driving up prices in some in-demand neighborhoods.

Shares of SpaceX started ...Read more

KEEGO HARBOR, Mich. — As tariffs and inflation squeeze Michigan companies, some under-the-radar businesses are thriving because they never needed imports in the first place.

From thrift stores to consignment boutiques to salvage lumber yards, these reuse and resale retailers have, in some cases, benefited from the tariffs President Donald ...Read more

The blockbuster success of weight-loss drugs is fueling a wave of giving that’s boosting Christian ministries across the U.S. and Canada.

Eli Lilly & Co.’s largest shareholder, the independent Lilly Endowment, gave nearly $1.3 billion to religious causes in 2025, much of it specifically to Christian groups, according to its annual report ...Read more

MINNEAPOLIS -- A buzz and a red light on the panel alerts Lee Bowser that his elevator is being summoned.

Bowser closes the inner brass gate, careful not to pinch a finger. He turns a large crank slightly to the right — about the 1 o’clock position— and the outer door rumbles shut.

He then pulls it to the 3 o’clock spot, and the cab ...Read more

SAN DIEGO — Qualcomm agreed to acquire AI software startup Modular in an all-stock deal valued at $3.92 billion, the San Diego chipmaker said Wednesday during its Investor Day, as it works to expand beyond smartphone chips into data center and AI markets.

Equity holders of Modular will receive up to 19.2 million newly issued Qualcomm common ...Read more

SPRINGFIELD, Ill. — In lieu of statewide regulations, a growing number of Illinois cities and counties are telling data centers to come back later or adhere to new regulations.

In Aurora, what began as a 180-day moratorium ended with city officials bringing the regulatory hammer down on data centers after many community members complained ...Read more

SAN JOSE, Calif. — Job cuts for the Bay Area tech industry so far in 2026 have greatly outstripped last year’s pace, a gap that has widened in the wake of fresh layoffs for the region’s critical yet unsteady tech sector.

The latest layoffs are poised to erase 600 Bay Area tech jobs, WARN notices posted by the state Employment Development ...Read more

Corn tumbled as traders looked past potential crop stress from the building heat dome to a U.S. Department of Agriculture report due Tuesday that’s expected to show the largest American stockpile since 1988.

The agency is set to publish quarterly stocks data along with annual acreage data showing how much U.S. farmers were able to plant in ...Read more

This is the summer of the mega-IPO, a flood of new stock listings after years of drought.

Mine is not a personal finance column, but there’s never been a moment quite like this. The opportunity to invest at a relatively early stage of an industry, artificial intelligence in this case, doesn’t come often.

And the dollars these companies are...Read more

Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence.

The stock at one point fell more than 20% in June, which would have represented its worst monthly showing since December 2000, although a two-day gain has helped it ...Read more

SAN JOSE, Calif. — Job cuts for the Bay Area tech industry so far in 2026 have greatly outstripped last year’s pace, a gap that has widened in the wake of fresh layoffs for the region’s critical yet unsteady tech sector.

The latest layoffs are poised to erase 600 Bay Area tech jobs, WARN notices posted by the state Employment Development ...Read more

LOS ANGELES — Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company, the media giant announced Monday.

The plan will put broadcast networks NBC and Telemundo, NBC News, cable network Bravo and streaming service Peacock, the Universal film studios and British TV service Sky into a new ...Read more

LOS ANGELES — Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company, the media giant announced Monday.

The plan will put broadcast networks NBC and Telemundo, NBC News, cable network Bravo and streaming service Peacock, the Universal film studios and British TV service Sky into a new ...Read more

If you want the highest odds of maintaining a remote or hybrid work arrangement, make sure you’re not working for a narcissist.

In the post-pandemic era, bosses have used all of corporate America’s favorite buzzwords — innovation, collaboration, culture, mentorship, productivity, performance — to rationalize calling workers back to the ...Read more

California tech company Cisco plans to cut 471 workers in three Bay Area offices, according to layoff notices filed to a state agency.

The company, which provides networking devices along with other services including video conferencing and cybersecurity, told employees in May that it was going to cut fewer than 4,000 jobs or less than 5% of ...Read more

Germany’s Merck KGaA will buy Bio-Techne Corp. in a deal worth $11.3 billion, one of the largest acquisitions in Minnesota history.

The sale follows investor pressure on Minneapolis-based Bio-Techne, which makes lab materials and equipment used to develop drugs.

Bio-Techne’s stock had fallen nearly 50% in five years while Merck KGaA — ...Read more

Anthropic PBC and the Trump administration are moving closer to an agreement that would lift U.S. restrictions on the company’s top two artificial intelligence models after weeks of talks between the two sides over security of the systems, according to people familiar with the matter.

Commerce Secretary Howard Lutnick is making progress ...Read more