G.M. Plans to Sell Energy Storage Batteries as E.V. Sales Flag
The carmaker will follow Tesla in making large batteries used by electric utilities, data centers and other businesses to handle fluctuation…
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Paramount C.E.O. Promises Editorial Independence for ‘60 Minutes,’ Lesley Stahl Says
David Ellison told Ms. Stahl, one of three remaining correspondents for the news program, that he would respect the show’s editorial decis…
Social Security at Risk for Cuts by 2032, Unless Congress Acts
The trust fund for the program, which supports roughly 68 million Americans, is on schedule to be depleted in the next six years. Benefits c…
Billionaires’ Billions Are Increasing Faster Than Ever
Elon Musk’s potential new status as a trillionaire demonstrates in real time why there has been such a rapid rise in the concentration of …
Why Apple’s A.I. Upgrade for Siri Won’t Be Available in Europe
A regulatory dispute has indefinitely delayed the release of Siri AI.
U.S. Exports Rose in April, as Strait of Hormuz Closure Buoyed Demand for American Oil
Commerce Department data showed exports rose in April, slightly outpacing the growth in imports.
OpenAI Tests Investor Appetite for Yet Another Giant I.P.O.
Some analysts are wondering whether the market can absorb the artificial intelligence giant’s planned stock offering — along with those …
Oil Prices Ease as Iran and Israel Halt Strikes
Oil prices fell after Israel and Iran agreed to halt strikes against each other, easing fears of a broader regional conflict that had briefl…
Dubai Reinvented Itself. Now a War Is Testing Its Endurance.
As conflict ripples through the Persian Gulf, Dubai’s dependence on trade and travel has become an economic vulnerability.
Hoyle Schweitzer, Who Brought Windsurfing to the Masses, Dies at 93
With his friend Jim Drake, he built the Windsurfer, a sailboard that was cheaper and more portable than most sailboats. It became a global p…
How Banks Are Using SpaceX to Woo the Superrich
Wall Street is giving its richest clients velvet rope access to this week’s public listing of SpaceX, reflecting the growing importance of…
Welcome to the Era of Me-First Energy
The Iran war is pushing countries to prioritize domestic energy in order to protect themselves from volatile oil and natural gas markets.
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