SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion, people familiar with the matter said, in a transaction that would make it the biggest listing of all time.

The Elon Musk-led company is targeting a valuation of about $1.5 trillion for the entire company, which would ...Read more

Boeing delivered 44 planes in November, a dip from the past five months but higher than its usual November rate, the company said Tuesday.

Over the past five years – which have been marked by the fallout from two fatal 737 MAX crashes, the COVID-19 pandemic and a near-catastrophic panel blowout on an Alaska Airlines 737 MAX – Boeing has ...Read more

Time is running out for you to ensure your shipped gifts arrive on time for such end-of-the-year celebrations as Christmas, Hannukah and Kwanza.

Mail carriers say they're more than prepared to handle the increased volume in deliveries — but only if you get postage on your packages and ship them quickly.

With automation and AI-driven ...Read more

After years spent leaning in to get ahead at work, professional women are leaning out.

Women are less interested than men in getting promoted to the next level, reversing a decade-long trend, according to a new study released Tuesday by advocacy group LeanIn.org and consultant McKinsey & Co. Some 69% of entry-level women, 82% of mid-career, and...Read more

U.S. growers say the Trump administration’s $12 billion aid package brings temporary relief, but is unlikely to kickstart a lasting recovery for the American farm economy.

President Donald Trump on Monday unveiled a package to a key base of support that includes as much as $11 billion in one-time payments to crop farmers who have been hit ...Read more

U.S. job openings picked up in October to the highest level in five months, though less hiring and more layoffs pointed to a continued slowdown in the labor market.

The number of available positions rose slightly to 7.67 million in October from 7.66 million in the prior month, according to Bureau of Labor Statistics data published Tuesday. ...Read more

The fight over the future of Hollywood just got nastier.

Paramount Skydance Corp. launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.

The bid compares with Netflix’s ...Read more

Paramount is refusing to accept defeat in the Warner Bros. Discovery auction, launching a $78 billion hostile takeover of its rival Monday after being spurned last week in the bidding.

The move comes four days after Warner’s board unanimously selected Netflix as the winner.

Paramount has beefed up its offer with backing from Middle Eastern ...Read more

Car purchases are driving Americans into unprecedented levels of auto debt, according to a recent report.

Americans owe $1.66 trillion in car-related debt, the Consumer Federation of America found. That amount is nearly equal to Spain’s entire economy and amounts to roughly 6% of the United States’ GDP.

And in Miami, where residents spend ...Read more

More than two decades after Boeing sold its Wichita, Kansas, plant, the aerospace manufacturer has finalized a deal to bring it back in house.

Boeing said Monday it had reacquired Spirit AeroSystems, the Wichita-based supplier that builds the entire fuselage for the 737 Max, as well as the forward fuselage for other Boeing commercial planes and...Read more

Amazon's newly launched 30-minute delivery service is up and running in the Seattle area and may extend further into the city's Eastside suburbs, permit filings show.

Though Amazon may never be able to teleport items directly to a customer's doorstep, the company is on a mission to shave down the time it takes to fulfill an order.

Amazon has ...Read more

New car prices didn’t spike after President Donald Trump announced sweeping tariffs in the spring, as some experts and dealers projected.

But prices on many models are now pushing notably higher — and analysts said carmakers recouping Trump's higher import costs is a key factor.

Consider a recent analysis that found automakers are ...Read more

The fight over the future of Hollywood just got nastier.

Paramount Skydance Corp. launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc.

The bid tops Netflix’s offer of $27.75 in cash and stock. Paramount’s offer is for the entirety of...Read more

From jobs to housing to grocery prices, the U.S. economy has been weakening for months.

But the stock market is telling a different story, thanks to a handful of companies called the Magnificent 7: Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla.

These tech giants — which deal in everything from e-commerce to software to chip ...Read more

LOS ANGELES — Oracle founder Larry Ellison was on the cusp of conquering Hollywood.

Just four months earlier, he had bankrolled his son David’s $8 billion acquisition of the storied Paramount Pictures.

Now the Ellison family had designs on scooping up Warner Bros. Discovery, too, offering to buy the entire company for at least $60 billion....Read more

The Netflix Inc. plans that clinched the deal for Warner Bros. Discovery Inc. started to shape up around Thanksgiving.

A deadline was looming: Warner Bros. had asked bidders, which also included Paramount Skydance Corp. and Comcast Corp., to have their latest proposals and contracts in by the Monday after the holiday, following a round about a...Read more

LOS ANGELES — If Netflix can complete its $82.7 billion deal to acquire Warner Bros. Discovery, it will be a lot bigger but not necessarily a lot better for consumers — or for the streaming landscape the company developed.

Analysts predict that consumers, already chafing at rising subscription fees for streaming services, will be spending ...Read more

LOS ANGELES — Hollywood moguls once dismissed the outsize ambitions of Netflix’s executives.

“Is the Albanian army going to take over the world?” former Time Warner Chairman Jeff Bewkes asked a reporter 15 years ago. “I don’t think so.”

Think again. On Friday, Netflix co-Chief Executive Ted Sarandos pulled off an audacious $82 ...Read more

Hollywood unions and trade groups are pushing back against the proposed $82.7-billion deal for streaming giant Netflix to acquire Warner Bros.' film and television studios, HBO and HBO Max, citing concerns about greater industry consolidation, job losses and the potential hit to theatrical box office revenue.

Groups began voicing opposition ...Read more

Netflix announced early Friday it has struck a deal with Warner Bros. Discovery to acquire its film and television studios, along with HBO Max and HBO.

The blockbuster deal, totaling about $72 billion, will create a combined portfolio of many of Hollywood’s best known properties, adding “Harry Potter,” “Mission: Impossible,” DC Comics...Read more