August 6, 2026
SpaceX hit by surging AI costs as insiders prepare to sell their shares
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly update as a public company that surpassed analysts’ expectations. Most of its revenue came from its Starlink satellite offering. But investor focus turned to capital […]
August 4, 2026
New York sues Kalshi, says its prediction markets are illegal gambling
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in Manhattan, Attorney General Letitia James said Kalshi failed to obtain a New York State Gaming Commission license to operate its platform, where people trade based […]
July 31, 2026
A new media ecosystem is taking root on the left, reshaping Democratic politics
Farah Berent, a teacher in Michigan, used to learn about politics from channels like ABC, CBS and CNN. But that changed as she decided that coverage of the war in Gaza was irreparably biased. “I couldn’t stand all the lies on the stations,″ she said, arguing that there wasn’t enough attention being paid to Palestinian […]
July 30, 2026
CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season
Two months after a major shake-up, CBS’ “60 Minutes” has hired a lineup of new correspondents and contributors in time for its 59th season, including Ross Douthat, a conservative opinion columnist at The New York Times, and Norah O’Donnell, former anchor of “CBS Evening News.” The show’s new executive producer, Nick Bilton, announced the news […]
July 28, 2026
U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties
A major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised a bit by international politics. Descendants of Gordie Howe, the hockey legend whose name is on the bridge, were among the first to cross over […]
July 20, 2026
Telemundo to air UEFA competitions, including the Champions League, in new rights deal
Telemundo’s coverage of elite, global soccer won’t end after the World Cup final. Telemundo has acquired the Spanish-language broadcast rights in the U.S. for all UEFA men’s club competitions for three seasons, beginning in 2027-28, the company announced Sunday. The deal will bring live coverage of every match in the Champions League, the European tournament […]