LOS ANGELES — California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company's valuation to $1.8 billion within a year.

The Huntington Beach startup's soaring valuation underscores how defense tech funding is booming as armed conflicts such as the Iran war and the Russian-Ukrainian war ...Read more

When Google recently announced radical changes to its search tool that will overshadow the page of blue links we’ve been used to seeing for more than a decade, online advertisers had something of a collective freak-out. The Alphabet Inc.-owned company called it the biggest such shift in more than 25 years, and that the search bar would be “...Read more

U.S. companies in May added the most jobs since January 2025, signaling the labor market may be gaining momentum despite rising energy costs sparked by the Iran war.

Private-sector payrolls rose by 122,000 after advancing 105,000 in the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of ...Read more

SpaceX is planning to offer shares ​at $135 apiece to raise $75 ​billion in its ⁠initial public ​offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.

The rocket, satellite and artificial intelligence company aims to ...Read more

They don’t look like much — two small boxes and a solar panel mounted on some utility poles around Pittsburgh. A small weather station and a sensor, constantly updating Duquesne Light on the conditions of its transmission lines.

The system is crunching the data into a physics equation that governs how transmission lines operate. The more ...Read more

Fernando Flores can spend eight hours a day pouring the same cup of coffee.

He is not a barista. He's a robot puppeteer, trying to train humanoids.

He manipulates mechanical controllers to make nearby robot arms pick up a pot of coffee, pour it into a mug and put the pot back in the coffee maker. Flores checks for spills, then empties the mug ...Read more

The attorney general in Massachusetts is suing UnitedHealthcare, alleging in the lawsuit that the Minnetonka-based health insurance giant pocketed millions by overstating the health risks of lower-income residents enrolled in a health plan for Medicaid beneficiaries.

Between January 2015 and December 2025, UnitedHealthcare systematically ...Read more

Mark Ma wants to know how the workforce really feels about artificial intelligence — so he’s tracking exactly that.

An associate professor of business administration at the University of Pittsburgh, Ma spent the past four years studying the motives behind return-to-office mandates after the pandemic. He became a go-to voice on the issue ...Read more

The Minnesota Star Tribune will cut its workforce by 15% through buyouts and layoffs, executives said Tuesday evening, just a month after the newspaper won a Pulitzer Prize for its coverage of the Annunciation school and church shooting.

Chief executive Steve Grove also signaled a potential new ownership structure for the news organization, ...Read more

An arbitrator has sided with former Google Chief Executive Eric Schmidt, saying in a preliminary ruling that he was not guilty of sexual assault against his former girlfriend and business partner Michelle Ritter.

The arbitrator, retired Washington State Judge Beth Andrus, recently ordered Ritter to pay $10.7 million in damages to Schmidt.

...Read more

The White House announced it will reduce tariffs on imported farm and construction equipment such as harvesters and forklifts, an effort to boost the industrial economy and provide relief for American farmers.

Under a proclamation issued late Monday, those duties would drop to 15% from 25%. Foreign companies could qualify for a lower 10% levy ...Read more

A Carson City judge has granted the Nevada Gaming Control Board’s motion for a preliminary injunction blocking the operation of a third prediction market in the state.

First Judicial District Court Judge Jason Woodbury on Friday granted the Control Board’s motion and state officials believe a formal written order is forthcoming.

“We are ...Read more

Office life is tense these days in light of reorganizations, layoffs and now expanding in-office mandates.

And with the rollout of artificial intelligence at workplaces threatening to displace white-collar jobs, workers are riddled with fear about their futures.

This cocktail of factors is contributing to higher levels of stress and anxiety ...Read more

Market conditions in China, regulatory changes there and its brands' speedy vehicle development threaten to put the United States behind in developing autonomous driving technologies, experts say.

Direct comparisons are rare, given the lack of Chinese vehicles in the United States and data-sharing restrictions between the two nations. But that'...Read more

Facing higher premiums and the loss of federal subsidies, 374,000 people with health insurance from the state marketplace known as Covered California canceled their coverage in the first three months of the year, according to government statistics.

The cancellations amount to 19% of those who had renewed their policies on the state marketplace ...Read more

Anthony Kreashko lost his job as an electrician in 2020, so, like legions of Coloradans during the pandemic, he filed for state unemployment benefits.

The regular payments helped keep Kreashko afloat as he searched for a new gig. But four years later, the Denver resident received a surprising letter from the Colorado Department of Labor and ...Read more

Mentioning artificial intelligence to the graduating class of 2026 has been sure to get you booed. And why not? Fresh graduates have spent the past few years being told about the wonders of AI and watched seniors struggle to get a toehold in the labor market. As much as they are right to worry, there’s hope on the horizon.

The labor market ...Read more

The rise of remote work explains more of the recent increase in unemployment among young college graduates than the proliferation of artificial intelligence, according to a Federal Reserve Bank of New York study.

Some 64% of the rise in jobless rates among college-educated workers under the age of 29 vs. prepandemic levels can be attributed to ...Read more

A proposed settlement between Elon Musk and the Securities and Exchange Commission to end the agency’s Twitter Inc. stake lawsuit came after almost a year of negotiations, attorneys for the agency said Monday after a judge raised concerns about the deal.

“The $1.5 million civil penalty aligns with the seven-figure penalty that the SEC’s ...Read more