Elon Musk’s rocket company SpaceX will go public this week in what is expected to be the largest initial offering of stock ever.

Financially, the IPO also looks like one of the craziest ever.

Most companies turn to the public market when they are much smaller. But SpaceX is coming out when it has $18.7 billion in revenue, and working from ...Read more

General Motors Co. on Tuesday announced it is developing a lower-cost way to store energy to be used by massive AI-powering data centers.

GM developers are working on sodium-ion battery chemistry at the Detroit automaker's Wallace Battery Cell Innovation Center in Warren, Michigan, GM Vice President of Battery and Sustainability Kurt Kelty said...Read more

Major global automotive supplier Magna International is open to putting together Chinese vehicles in Canada, if plans are long term, the CEO said Tuesday.

Asked about whether Canada-headquartered Magna would consider assembling Chinese vehicles in its home country, CEO Swamy Kotagiri told The Detroit News that the supplier is open to partnering...Read more

In April, possible victims of a cruise ship crew member who planted a hidden camera to watch a young girl undress in her cabin obtained a significant legal victory in Fort Lauderdale federal court.

That ruling has now been upheld in the long, ongoing judicial process, giving them a second win.

On April 22, U.S. Magistrate Judge Detra Shaw-...Read more

Apple Inc. unveiled a new artificial intelligence strategy on Monday at its annual Worldwide Developers Conference, aiming to provide practical improvements and features that the company believes everyday consumers will actually use.

At its headquarters in Cupertino, California, the iPhone maker delivered an information-packed keynote in just ...Read more

A new state law that allows denser housing development near major transit stops goes into effect in July, opening the door to construction of more than 1 million new units in California's urban centers.

The law forces cities to approve taller apartment and condominium complexes around rail stops, ferry terminals and rapid transit bus stops, ...Read more

U.S. lawmakers are seeking stronger measures to protect the domestic automotive market from subsidized, low-cost Chinese competitors, just like other countries have for years established policies to safeguard their homegrown manufacturers from foreign rivals.

Two narratives have emerged globally as Chinese brands like BYD Co. Ltd., Chery ...Read more

Boeing delivered 60 airplanes in May, including 51 737 Maxes and six 787 Dreamliners.

That’s a dramatic increase from the month before, when it delivered 47 airplanes, including 34 Maxes and six Dreamliners.

Though Boeing is increasing the production rate for its Renton-built 737 Max — with plans to move from a rate of 42 planes per month ...Read more

Minnesota companies are pouring time, money and resources into artificial intelligence tools at a dizzying pace, but many are not adequately training employees to use them.

The investment imbalance between tools and training is fueling tension inside workplaces as businesses race to implement AI while employees worry about being left behind.

A...Read more

Most cars lose value the moment they leave a dealer’s lot. The RAV4 hybrid gains it.

Used, late-model versions of the RAV4 hybrid often list for more than their original sticker prices, even with thousands of miles on their odometers. In some cases, they cost more than a new 2026 model fresh from the Toyota Motor Corp. factory.

CarMax ...Read more

The easiest way to understand crypto used to be to look at Bitcoin.

When the world’s largest cryptocurrency rose, money flooded into startups, venture funds, exchanges and thousands of speculative tokens. When it crashed, businesses disappeared, funding dried up and activity slowed across the industry. Bitcoin wasn’t merely the biggest ...Read more

OpenAI, the maker of ChatGPT, filed confidentially for an IPO, joining artificial intelligence rivals in tapping public markets to fund ambitious growth plans.

The Sam Altman-led firm submitted paperwork for an initial public offering with the U.S. Securities and Exchange Commission, the company said Monday. OpenAI is working with Goldman Sachs...Read more

Elon Musk unveiled a more detailed look at an initial version of an AI data center satellite SpaceX plans to build, providing fresh insight into the ambitious project driving the company’s highly anticipated initial public offering.

During a 30-minute video shared on his social media website X, SpaceX’s chief executive officer laid out his ...Read more

Musicians have been left out of settlements between major record labels and AI companies, a new lawsuit alleges.

The American Federation of Musicians of the United States and Canada (AFM), which has 70,000 members, said Universal Music Group and Warner Music Group "received significant compensation" from the AI companies for past copyright ...Read more

The maker of Jeep is recalling more than 1 million of its best-selling models for potential electrical issues that could cause vehicle fires, the company said Monday.

Stellantis NV is asking owners of an estimated 1,076,999 Wranglers and Gladiators to park their vehicles outside and away from buildings and other vehicles while it works on a fix...Read more

Costco seared consumer claims made in a lawsuit about alleged preservatives in its popular $5 rotisserie chicken, according to a recent legal filing.

Two Costco customers in California argued in a proposed class action complaint filed in January that the Kirkland Signature Seasoned Rotisserie Chicken contains preservatives carrageenan and ...Read more

Apple on Monday unveiled a new version of its virtual assistant Siri, to take on its artificial intelligence-powered rivals such as OpenAI's ChatGPT and Google's Gemini.

The California smartphone maker has lagged behind its competitors in the AI race as tech companies pour hundreds of billions of dollars into advancing their chatbots and ...Read more

As aldermen weigh a long-shot chance of reworking Chicago’s infamous parking meter deal, some are citing one firm point.

“The worst-case scenario is the status quo,” Ald. Walter “Red” Burnett, 27th Ward, said.

But they are hoping to do better than that.

Several council members are attempting to find ways to force Stonepeak Partners,...Read more