Business - Friday, June 12, 2026

President Donald Trump had asked a federal appeals court to suspend a lower-court order that his name before removed from the performing arts center.

SpaceX’s first day on the stock market transformed the startup into one of the world’s most-valuable public companies, handed buyers of the IPO a 19% return and turned its founder Elon Musk into the world’s first trillionaire. Ed Ludlow reports. (Source: Bloomberg)

Researchers say people with poor understanding of basic finances often make bad decisions on money matters.

CNBC's Jim Cramer said it's not too late to buy SpaceX if investors view the company as a long-term bet on space exploration.

The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News.

The US Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator.

Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped Share your views on SpaceX’s stock market debut SpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company. Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company’s valuation above $2tn, where it remained through market close. The company’s initial public offering made the company’s CEO, Elon Musk, the world’s first trillionaire. “It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever,” Musk said in an address at SpaceX’s headquarters Friday morning. He reiterated the company’s mission to “make humanity multiplanetary” and “take the fiction out of science fiction”. Continue reading...

The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.

The size of the award remains to be determined. It only involves the legal fees associated with part of her court battle with Mr. Baldoni, with whom she made a film.

Four found guilty get tougher conditions as judge says actions were ‘designed to intimidate the UK government and a section of the public’ A judge has imposed lengthy custodial sentences on four Palestine Action activists who smashed up drones and other equipment at an Israeli arms manufacturer’s UK factory after ruling that there was a “terrorist connection” to their offending. Charlotte Head, 30, and Leona Kamio, 30, were each jailed for five years and Fatema Rajwani, 21, was sentenced to four years and 8 months for criminal damage in relation to a 2024 break-in at the Elbit Systems UK site in Gloucestershire. Samuel Corner, 23, who was additionally convicted of grievous bodily harm without intent for striking Sgt Kate Evans with a sledgehammer, was sentenced to seven years and eight months. Each will also spend an additional year on licence and be subject to 15 years of terrorist notification requirements. Continue reading...