Author: Daniel snow
The Anduril Industries headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023. Kyle Grillot | Bloomberg | Getty ImagesDefense tech startup Anduril Industries has raised $2.5 billion at a $30.5 billion valuation, including the new capital, Chairman Trae Stephens said on Thursday.”As we continue working on building a company that has the capacity to scale into the largest problems for the national security community, we thought it was really important to shore up the balance sheet and make sure we have the ability to deploy capital into these manufacturing and production problem sets that we’re working on,” Stephens told…
The air traffic control crisis is nationwide, but it’s most acute at the New York area’s second-busiest airport. Source link
AppLovin and Interactive Brokers are among the largest companies by market cap that still aren’t in the benchmark index. Source link
his satellite image from Planet Labs PBC shows what appears to be a sunken Chinese submarine at a shipyard near Wuhan, China, June 15, 2024.Planet Labs PBC via APShares of satellite imagery company Planet Labs soared more than 50% during Thursday’s trading session on the back of its strong first-quarter earnings report.The company on Wednesday posted its first-ever quarter of positive free cash flow, coming in at $8.0 million. Planet Labs also exceeded quarterly estimates on top and bottom lines, reporting record revenue for the period.Stock Chart IconStock chart iconPlanet Labs’ performance over the past dayPlanet Labs posted breakeven adjusted…
A survey shows LGBTQ owners launched 10 percent of all new U.S. businesses in 2024. Source link
With the end of Southwest Airlines’ beloved “bags fly free” policy, fliers are stuck shelling out money to check their bags — and some are exploring creative ways to offset the cost. Source link
President Donald Trump on Thursday said that Elon Musk has been criticizing his proposed tax bill because the Tesla CEO is “upset” about the elimination of EV credits in the package, and his pick to run NASA being nixed by the Trump administration.Trump spoke after days of Musk condemning the bill on social media. Musk on Tuesday call the bill a “disgusting abomination.”Musk last week left his temporary government post overseeing DOGE, the Trump administration’s effort to slash federal spending and employee headcounts. Musk also was the biggest financial backer of Trump’s 2024 campaign, spending more than $250 million on…
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down 4 basis points from a week ago. Source link
Packages of Charmin Ultra Soft bath tissue are stacked at a Costco Wholesale store in San Diego, California, on March 11, 2025.Kevin Carter | Getty ImagesProcter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program.The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions have raised concerns about the broader health of the U.S. economy and job market.P&G CFO Andre Schulten announced the job cuts during a presentation at the…
People around President Trump are acting very strangely. Source link