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Thu, Mar 26, 2026 04:16 AM All times are UTC

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FDA Delays KalVista’s Sebetralstat Decision Amid Workload Strain

Jun 14, 2025 00:36 am UTC| Governance Business Health

KalVista Pharmaceuticals announced that the U.S. Food and Drug Administration (FDA) has extended its review of sebetralstat, an investigational treatment for hereditary angioedema (HAE), due to internal workload challenges...

Judge Blocks State Department Layoffs Tied to Trump-Ordered Reorganization

Jun 14, 2025 00:31 am UTC| Law Politics Governance

A federal judge has temporarily halted the U.S. State Departments plan to lay off nearly 2,000 employees as part of a sweeping reorganization. U.S. District Judge Susan Illston ruled from San Francisco on Friday that the...

Trump Signals Path Forward for Nippon Steel’s $14.9B U.S. Steel Acquisition

Jun 14, 2025 00:18 am UTC| Politics Business Governance

U.S. President Donald Trump stated Friday that national security concerns tied to Nippon Steels $14.9 billion bid for U.S. Steel could be resolved if certain conditions are met. This move increases the likelihood of the...

Google Cleared in Mexico Antitrust Probe Amid Global Regulatory Scrutiny

Jun 14, 2025 00:14 am UTC| Technology Business Governance Law

Mexicos antitrust authority, the Federal Economic Competition Commission (Cofece), has closed its investigation into Google without imposing any penalties. The probe, launched in 2020, examined whether Google engaged in...

U.S. Officials See No Immediate Safety Risk in Boeing 787 After Deadly Air India Crash

Jun 13, 2025 04:54 am UTC| Business Governance

U.S. transportation officials said there is no immediate evidence requiring a halt to Boeing 787 Dreamliner flights following a fatal Air India crash in Ahmedabad, India, that claimed over 240 lives. Transportation...

Judge Blocks Trump’s National Guard Deployment in Los Angeles Amid Protests

Jun 13, 2025 04:34 am UTC| Law Politics Governance

A U.S. federal judge has temporarily blocked President Donald Trump from deploying National Guard troops in Los Angeles, ruling the action violated federal law. U.S. District Judge Charles Breyer in San Francisco ordered...

FAA Closes Investigation Into SpaceX Starship Flight 8 Engine Failure

Jun 13, 2025 04:29 am UTC| Business Technology Governance

The Federal Aviation Administration (FAA) announced on Thursday that it has officially concluded its investigation into the SpaceX Starship Flight 8 mishap, attributing the incident to a hardware failure in one of the...

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Economy

U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal

U.S. stock index futures held relatively steady on Wednesday evening after Iran signaled it was reviewing a ceasefire proposal put forward by Washington aimed at ending the ongoing Middle East conflict. The cautious market...

Oil Prices Climb as Iran Reviews U.S. Peace Proposal Amid Middle East Tensions

Oil prices edged higher during Asian trading on Thursday as conflicting signals over potential Middle East de-escalation kept energy markets on alert. Brent crude futures for May delivery rose 0.8% to $103.02 per barrel,...

Gold Prices Climb as Middle East Ceasefire Talks Stir Market Optimism

Gold prices edged higher on Wednesday as cautious optimism surrounding potential U.S.-Iran ceasefire negotiations lifted sentiment across global markets. Spot gold climbed 0.7% to $4,504.58 per ounce, while U.S. gold...

Middle East War Rattles Global Markets as Oil Tops $100 and Dollar Surges

Asian equity markets struggled to find clear direction on Thursday as investors navigated a rapidly shifting geopolitical landscape in the Middle East. Iran signaled conditional willingness to consider a U.S.-backed...

Federal Reserve Balance Sheet Reduction: Brookings Research Outlines Possible Path Forward

New research from the Brookings Institution suggests the Federal Reserve could shrink its balance sheet through a combination of regulatory adjustments, payment system reforms, and more active market interventions without...

Politics

Trump Seeks Quick End to U.S.-Iran Conflict Amid Ongoing Middle East Tensions

President Donald Trump has privately told close advisers that he wants to avoid a drawn-out war with Iran and is pushing for a swift resolution to the ongoing conflict, according to a Wall Street Journal report published...

Iran-U.S. Negotiations: Tehran Reviews American Peace Proposal Amid Ongoing Gulf Conflict

Irans foreign minister confirmed Wednesday that Tehran is examining a United States peace proposal aimed at ending the escalating Gulf war, though officials stressed this falls short of direct negotiations between the two...

FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order

The Federal Emergency Management Agency has announced the resumption of a key disaster prevention initiative after facing legal challenges that forced the reversal of its earlier cancellation. The agency is once again...

Taiwan Arms Deal on Track Despite U.S.-China Summit Uncertainty

Taiwans Defense Minister Wellington Koo confirmed Thursday that the next major U.S. arms sale to the island remains on schedule, revealing that Taipei has already received a formal letter of guarantee from Washington...

G7 Foreign Ministers Gather in France Amid Global Tensions and U.S. Policy Uncertainty

Foreign ministers from the worlds top Western democracies have convened in France this week for a high-stakes two-day summit at the historic 12th-century Abbaye des Vaux-de-Cernay, located roughly 40 kilometers southwest...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...