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NEW YORK (AP) — Elon Musk announced plans Wednesday for one of the biggest sales of stock to the public ever for his space company that is currently losing billions of dollars year. A filing Wednesday shows Musk’s SpaceX lost $2.6 billion from operations last year on $18.7 billion in revenue, and the losses kept piling up at the start of this year, too. The prospectus did not put a […]

By Kiyoshi Takenaka TOKYO, May 21 (Reuters) – One-third of Japanese companies are already using or considering deploying AI-powered robots, with automakers and other transportation equipment manufacturers leading the way, a Reuters survey showed on Thursday. The Japanese government expects the introduction of AI robots into the workplace to be key in coping with the country’s chronic labour shortage and cementing its position as a leading industrial robot supplier.  Home […]

BRASILIA, May 20 (Reuters) – Brazil’s government is expected to finalize in the coming days a proposal for the renegotiation of debt in the agribusiness sector, Finance Minister Dario Durigan said on Wednesday, adding the program should include a credit guarantee fund for farmers. Durigan told reporters that the ministry agreed at a meeting with senators that a debt renegotiation program for the sector should also have longer payment periods […]

The NHL Coaches Association is speaking out against the Vegas Golden Knights’ refusal to let former head coach Bruce Cassidy interview for other head coach positions. Cassidy, who led the Golden Knights to the 2023 Stanley Cup championship, was fired near the end of his fourth season with Vegas on March 29. He was replaced by journeyman head coach John Tortorella. ESPN reported Tuesday that the Edmonton Oilers and Los […]

NEW YORK (AP) — Promising a commitment to “ambitious journalism and agenda-setting conversations,” media scion James Murdoch has struck a deal with the Vox Media digital company to acquire New York magazine, the Vox Media Podcast Network and the Vox editorial brand. The deal with Vox, widely seen as liberal-leaning, represents a major move toward his own media empire for the 53-year-old younger son of Rupert Murdoch, who himself owned […]

TORONTO (AP) — Canadian miner Sherritt International Corp. has signed a non-binding agreement with Gillon Capital LLC, a family office linked to a former adviser of U.S. President Donald Trump, that would allow Gillon to buy a majority stake in the company as it navigates sanctions on its operations in Cuba. The company’s announcement Wednesday comes a day after the Toronto-based Sherritt said it is no longer pursuing a plan […]

WASHINGTON (AP) — President Donald Trump has long kept his past tax returns shielded from public scrutiny, something he insisted was necessary because of ongoing IRS audits. But he says that could change now after his legal team forged a deal with the Justice Department this week that includes permanently dropping tax claims against the president, his family and associates. “I may even release my current returns,” the president told […]

Democratic leaders are trying to prevent Maureen Galindo, a candidate who has repeatedly expressed antisemitic views, from winning their party’s nomination in next week’s Texas runoff, and they’ve accused Republicans of propping up her campaign. Galindo faces Johnny Garcia in the runoff for the Democratic nomination in the state’s 35th Congressional District, which is located in the San Antonio area. The district was redrawn by Texas Republicans to boost their […]

MOUNTAINAIR, N.M. (AP) — New Mexico authorities said three people are dead and more than a dozen first responders were being treated Wednesday for exposure to an unidentified substance after being called to a home east of Albuquerque for a suspected drug overdose. New Mexico State Police say three of the four people who were found unresponsive inside the home have died and the other is being treated at a […]