The federal government is suing Minnesota to block a new state law that prohibits Minnesotans from making bets on prediction markets like Kalshi and Polymarket.

Minnesota is the first state in the country to outlaw the popular platforms that allow users to bet on the outcomes of a wide range of real-world events, from who will win the NBA ...Read more

U.S. regulators are pausing some cyber-related examinations of the largest banks, giving the lenders more breathing room as the firms dig into the risks exposed by Anthropic PBC’s new Mythos AI model.

The Federal Reserve and Office of the Comptroller of the Currency want to give banks time to bolster their systems against cyber threats ...Read more

McDonald’s Corp. said it doesn’t expect to reach a goal of reducing emissions from its supply chain and franchised restaurants by 2030, the timeline it had originally laid out.

“In many regions, growth in energy demand is outpacing the current speed of clean energy deployment,” the company said in a statement Tuesday. “At the same...Read more

WASHINGTON — The airplane part that cracked and caused a UPS cargo jet's engine to fly off the plane’s wing had fractured 10 times in the past, aviation accident investigators said Tuesday.

After the fatal crash in November, UPS’ inspection of its remaining MD-11 fleet found another three instances of the same part shifting out of place, ...Read more

Michigan is set to give as much as $5 million to help Jeff Bezos-backed electric vehicle startup Slate Auto expand its Troy headquarters.

A state economic development board on Tuesday approved the taxpayer-funded grant for the Michigan company, which is ramping up toward production of its mid-$20,000 battery powered pickup trucks by the end of ...Read more

A global supply crunch has US refineries producing jet fuel at a record pace while skew output away from gasoline, setting up a potential transport fuels production clash during the peak summer travel period.

Refiners in the US Gulf Coast are some of the most price sensitive in the world, tailoring their petroleum product output to make as much...Read more

Shein, one of the largest fast-fashion retailers in the world, is set to acquire the "quiet luxury" apparel brand Everlane, media reports said.

Shein will buy Everlane from majority owner L Catterton for $100 million, according to a deal signed Saturday, Puck reported. Everlane was once valued around $600 million at its peak in the 2010s.

The ...Read more

Accident investigators are set to question Boeing and other key players about a UPS MD-11 cargo plane crash in Louisville, Kentucky, that killed 15 people.

The National Transportation Safety Board will hold a two-day investigative hearing, starting Tuesday in Washington, D.C., with witnesses from UPS, Boeing and the Federal Aviation ...Read more

A wind project billed as the largest clean energy installation in the U.S. is due to come online next month, even as the pipeline of new large-scale renewables dries up amid pressure from the Trump administration.

The SunZia wind farm in New Mexico, providing 3.5 gigawatts of power capacity — enough to power one million homes annually — ...Read more

Jeff Bezos' rocket company put a satellite in the wrong spot.

But, for a company struggling to keep up with rival SpaceX, that was still a win.

The April mission marked an early success for Blue Origin’s New Glenn heavy-lift rocket, which the Kent, Washington-based company has launched just three times. Blue Origin successfully recovered New...Read more

Increased in-office work requirements helped propel improved supplier relations for the first time in 26 years for all six major automakers included in an annual index.

Southfield, Michigan-based accounting firm Plante Moran conducted the Working Relations Index survey that was taken from March 3 to April 17 and included 750 responses this year...Read more

The home on Bottlebrush Court was built in the early 1980s. The Oceanside property features four bedrooms, two baths and almost 1,600 square feet of living space on a 6,100-square-foot lot just south of the San Luis Rey River.

When it was put up for public foreclosure auction under a trustee sale in late 2022, county property records show the ...Read more

The Trump administration is poised to roll out a plan for trading digital versions of securities that could reshape the landscape of the American stock market as it continues to loosen the rules for free-wheeling crypto markets.

The Securities and Exchange Commission is expected to release its so-called innovation exemption for tokenized ...Read more

Nvidia Corp. Chief Executive Officer Jensen Huang, speaking days after he joined President Donald Trump’s summit in China, said he expects Chinese authorities to eventually allow the import of artificial intelligence chips from the U.S.

“The Chinese government has to decide how much of their local market do they want to protect,” Huang ...Read more

An agreement on U.S. agricultural sales to China outlined by the White House is raising optimism for a demand pickup beyond soybeans, helping to drive prices higher across the board for crop futures.

China has agreed to buy at least $17 billion annually in American agricultural produce through 2028, according to a fact sheet posted Sunday by ...Read more

Nurses at Rush University Medical Center have voted to unionize, a vote that will make Rush one of the largest Chicago hospitals with unionized nurses.

About 2,000 Rush registered nurses will be represented by the National Nurses Organizing Committee/National Nurses United, after 77% voted in favor of joining the union, according to the union. ...Read more

DETROIT — Businesses and commercial fleet operators are seeking ways to reduce fuel costs as prices spike, but unlike previous hikes, software technologies offer a greater opportunity for automakers to capitalize on those needs.

Fuel costs for some companies have close to doubled over the past couple of months amid the blockage of the Strait ...Read more

A jury rejected Elon Musk’s claims that OpenAI under Sam Altman’s leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to sue the company.

The verdict reached Monday in federal court in Oakland, California, follows a trial over the bitter feud between the entrepreneurs...Read more

Travelers will soon be able to fly from Las Vegas to Southern California on private jets at rates comparable to first-class tickets on major airlines.

Las Vegas-based Cirrus Aviation Services is launching Theos, the company’s first-ever by-the-seat, members-only flying program. It is designed to create a more curated, membership-based access ...Read more

LANSING, Mich. — Michigan Senate Minority Leader Aric Nesbitt asked the U.S. Department of Justice on Monday to investigate Gov. Gretchen Whitmer's connections to businesswoman and political donor Fay Beydoun.

On May 6, state Attorney General Dana Nessel charged Beydoun of Farmington Hills with 16 felonies, alleging Beydoun had misused a $20 ...Read more