In Washington this week, a bill that was supposed to give the U.S. crypto industry its long-promised rulebook instead turned into a very public brawl—after Coinbase abruptly yanked its support and effectively forced Senate lawmakers to hit pause. The legislation at the center of the fight is the Digital Asset Market Clarity Act, often referred… Continue reading Crypto Pushes Back on the Clarity Act

In the nine days since the January 3 U.S. operation that captured Nicolás Maduro, Washington has moved quickly to turn Venezuela’s battered oil sector into the center of its leverage campaign—and, potentially, a repayment mechanism. U.S. officials and public statements have described a plan where the United States oversees sales of tens of millions of… Continue reading Time to invest in Oil?

SpaceX sits at the top of the rumor mill because the scale being discussed is almost absurd by public-market standards. Reuters has reported SpaceX has been exploring a 2026 listing that could raise $25B+ and put the company at a valuation north of $1 trillion—a deal size that would instantly become one of the largest… Continue reading Major IPOs coming in 2026 you need to watch for

SpaceX’s next big launch may happen on Wall Street, not at Starbase. Fresh reporting says Elon Musk’s rocket-and-satellite company has started laying groundwork for a potential initial public offering, including a “bake-off” where major investment banks pitch for a role in what could become one of the largest IPOs ever attempted. (The Wall Street Journal)… Continue reading SpaceX Launching Rockets and IPOs

Boeing has officially closed its long-planned acquisition of Spirit AeroSystems, bringing its once-spun-off aerostructures business back in-house in a transaction valued at about $8.3 billion including assumed debt. The deal, completed on December 8, gives Boeing control of most of Spirit’s Boeing-related operations and marks one of the biggest realignments of the commercial aviation supply… Continue reading Boeing Reabsorbs Spirit AeroSystems in $8.3 Billion Deal, Reshaping Global Aerospace

Amazon is making one of its boldest bets yet on artificial intelligence for the public sector, committing up to $50 billion to expand AI and supercomputing infrastructure for U.S. government customers through Amazon Web Services (AWS). The multiyear initiative will pour money into a network of new, highly secure data centers and specialized chips designed… Continue reading Amazon’s Huge $50 Billion AI Investment.

After a monster run earlier this year, Bitcoin and Ether were priced for perfection. Bitcoin had pushed up into the six-figure range, and Ether wasn’t far off from doubling its previous highs. A lot of traders were leaning in the same direction: long, levered, and confident that flows into spot ETFs and institutional products would… Continue reading Why crypto’s been sliding

Jeff Bezos is stepping back into the CEO chair with a new artificial intelligence venture called Project Prometheus, an industrial-focused AI startup that already ranks among the most heavily funded young companies in the sector. The company has reportedly raised about $6.2 billion before even coming out of stealth, giving it the firepower to chase… Continue reading A New AI on the horizon: Project Prometheus

Starbucks’ long-running labor fight is heading for a flashpoint. Starbucks Workers United says baristas will walk out starting Thursday, November 13—Red Cup Day—unless a first contract is finalized. The union’s strike authorization reportedly passed by an overwhelming margin and is slated to hit at least 25 cities, timing the action for one of the chain’s… Continue reading Starbucks’ union workers set to strike next week unless deal is struck.

Trent Merrin, once a mainstay of the St George Illawarra Dragons’ forward pack and a State of Origin and Kangaroos representative, has been charged in New South Wales over the alleged theft of $140,000 in cryptocurrency. Detectives arrested the 36-year-old at his Barrack Point home on the NSW South Coast after a year-long probe into… Continue reading From Field to Fraud: Ex-NRL Star Trent Merrin Charged in Alleged $140,000 Crypto Heist