SpaceX aims to sell 555.6 million shares at $135 apiece for its record-breaking $75 billion initial public offering, Reuters reported, citing an unidentified person familiar with the matter.
The Trump administration’s request to unwind a 29-year-old settlement governing the treatment of migrant children in federal detention got a cold reception before a federal appeals court at Tuesday hearing.
Homeland Security Secretary
The House on Tuesday passed legislation to let the Interior Department continue collecting permitting fees from oil and gas companies when they apply to drill on federal lands.
President
Two former staffers from the Department of Government Efficiency have unveiled a new venture to buy companies and cut waste by implementing artificial intelligence, applying DOGE’s cost-cutting project to the private sector.
Saks Global Enterprises LLC was hit with several objections to its proposed bankruptcy plan, including a challenge from designer Louis Vuitton over outstanding contract defaults and a former CEO’s concern that the luxury retailer is stripping away his legal indemnity rights.
Texas is progressing with a novel approach to address a deluge of power demand from data centers that’s threatening to overwhelm the grid.
The US Patent and Trademark Office announced Tuesday that the agency is launching a pilot program to incentivize US-based companies, universities, and nonprofits to participate in standard-setting organizations.
Milbank LLP is raising salaries for its associates, a move quickly followed by McDermott Will & Schulte.
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