Tesla just announced plans to spend over $25 billion this year—more than three times what it spent in 2025 and higher than its previous estimate of $20 billion. The market didn’t like the news. Shares dropped over 3% after the announcement, even though Tesla posted a strong $1. 44 billion profit in
Balerion Space Ventures, a young Dallas firm that backs space and defense startups, has chosen to set up shop at the historic Old Parkland campus in Oak Lawn. The company, founded in 2022, has already put money into more than a dozen tech firms that work on satellites, AI and national security.
Back in 2009, a small group of experts started giving free, no-nonsense feedback to anyone trying to turn a muscle-disease idea into a real treatment. Their main job was to stop bad drugs from reaching patients too early, and to make sure good drugs had a fair shot at proving they worked. Over 15 ye
Major financial players are showing serious interest in deep tech like artificial intelligence and blockchain. In a move that caught attention, a prominent trading company just invested in a fund focused on early-stage AI and crypto projects. This signals strong confidence that these technologies co
Philadelphia has pushed a new Business Income and Receipts Tax (BIRT) onto small owners, even those with sales under $100, 000. The city will charge $1. 41 per thousand dollars in sales and $57. 10 per thousand in profits, a change that was previously exempt for many sole proprietors. About 75, 000
Two major oilfield service companies recently saw their stock ratings lowered by a big financial firm. NOV and Trican Well Services now face a "Sector Perform" rating instead of the previous "Outperform. " This change suggests experts believe these companies might struggle in the near future. The do
Adams Street Partners just pulled in $7. 5 billion for its third private credit fund, proving that big money still trusts this niche even when markets wobble. Unlike traditional bank loans, private credit skips public markets entirely, offering loans directly to companies—usually in the middle of th
A new government study shows rules meant to block illegal vaping products aren’t working as planned. Between 2022 and 2025, U. S. officials took only 88 actions against shops selling unauthorized e-cigs—most of which were simply slapping banned sellers on a public list. Legal orders to halt sales ca
The town’s Select Board and Finance Committee met to decide how much money would go toward new projects. They looked at the town’s total budget of $34. 66 million, which is about $1. 83 million less than last year’s amount. A big part of that money, 57 percent or $16. 47 million, is for the lo
Cell and gene medicines promise lasting cures, but they cost a lot upfront and their long‑term safety is still being studied. Because of this, drug makers and insurers are turning to value‑based contracts that link payment to how well the treatments actually work in real life. These agreements are g
