• Tech Giants Among Army's 250th Birthday Parade Sponsors
  
  Technology giants Oracle, Amazon, Coinbase, and Palantir are among the leading sponsors of the events surrounding Saturday's military parade in Washington, which will celebrate the Army's 250th anniversary.
• McDonald's Settles Byron Allen's $10B Lawsuit Over Ads in Black-Owned Media
  
  McDonald's has settled a $10 billion lawsuit by the media entrepreneur Byron Allen challenging the fast-food chain's alleged refusal to advertise with Black-owned media.
• Tesla Upgrades Models S, X Cars, Raises Prices by $5K
  
  Tesla said it upgraded its Model S and Model X cars in the U.S. and raised their prices by $5,000, according to the electric vehicle maker's post on X and its website.
• Meta Poaches 28-Year-Old CEO of Scale AI
  
  Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant's artificial intelligence strategy.
• After Israel Strikes Iran, Airlines Divert Flights, Airspace Closed
  
  Airlines cleared out of the airspace over Israel, Iran and Iraq and Jordan on Friday after Israel launched attacks on targets in Iran, Flightradar24 data showed, with carriers scrambling to divert and cancel flights to keep passengers and crew safe.
• California Investigating State Farm Over LA Fires
  
  California's top insurance regulator Thursday launched an investigation into State Farm over the company's handling of claims from the January Los Angeles-area wildfires.
• FAA Engaging With Boeing, GE on Air India Crash
  
  The Federal Aviation Administration is engaged with planemaker Boeing and engine manufacturer GE Aerospace to review information as part of the investigation into the crash of an Air India Boeing 787 Dreamliner.
• JetBlue Plane Skids Off Logan Runway
  
  A JetBlue plane skidded off the runway and onto a grass field at Boston Logan International Airport on Thursday.
• BlackRock CEO Larry Fink Not Leaving Anytime Soon
  
  BlackRock CEO Larry Fink said Thursday he was not planning to leave the asset manager anytime soon.
• Trump: US Has 'Golden Share' in US Steel
  
  President Donald Trump on Thursday said the United States has a "golden share" in U.S. Steel, as part of a deal for Nippon Steel to buy the iconic American company. It was not immediately clear what structural element...
• Oracle Hits Record as AI Cloud Demand Propels Sales
  
  Oracle shares surged 14% to breach the $200-mark for the first time Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.
• Micron to Expand US Investments to $200 Billion
  
  Micron Technology said Thursday it was planning to expand its U.S. investments in domestic memory manufacturing to about $150 billion and in R&D to $50 billion.
• Newsmax+ Now on Comcast Xfinity, Xumo Devices
  
  Newsmax Inc. (NYSE: NMAX) today announced that Newsmax+, Newsmax's streaming service via its subscription app, is now available on Comcast's entertainment devices across the U.S., including Xfinity X1, Xfinity Flex, Xumo Stream Box, and Xumo TV.
• Boeing Gathering Information on Air India Plane Crash
  
  Boeing is working to gather information after an Air India Boeing 787-8 Dreamliner with 242 people onboard crashed minutes after taking off from India's western city of Ahmedabad, a company spokesperson said.
• GOP Stymies Effort to Block Qatari Arms, Jet Deal
  
  The GOP-controlled Senate on Wednesday blocked an effort by Democrats seeking to obstruct the Trump administration's weapons deal with two Middle Eastern countries they assert are tied to a luxury jumbo jet from the government of Qatar, The Hill reported.
• Oracle Beats Quarterly Revenue Estimates
  
  Oracle surpassed fourth-quarter revenue estimates Wednesday, boosted by growing demand for its cloud offerings from companies deploying artificial intelligence.
• Musk Called Trump Monday: White House Source
  
  President Donald Trump received a phone call from Elon Musk Monday before the billionaire expressed regret over some of the posts he made on social media last week, according to a White House source with knowledge of the matter.
• Google Offers Buyouts to Staff Amid AI Shakeup
  
  Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet empire.
• Warner Bros.' Credit Rating Downgraded to Junk by Fitch
  
  Credit ratings agency Fitch Ratings Wednesday downgraded Warner Bros Discovery to junk status following the company's announced split-up earlier this week, as investors weigh the deal's likely impact on holders of its debt.
• Starbucks Scales New Efficiency Model to All of N.A.
  
  Starbucks CEO Brian Niccol told Reuters he would accelerate the rollout of the coffeehouse chain's new staffing and service model, aiming for all 18,000 North American stores by summer's end, rather than the initial plan for just a third of U.S. stores by year-end.
• Disney, Universal Sue AI Firm Midjourney for Copyright Infringement
  
  Disney and Universal have filed a copyright lawsuit against popular artificial intelligence image-generator Midjourney Wednesday, marking the first time major Hollywood companies have enter the legal battle over generative AI.
• Musk's Tesla Robotaxi Aims for June 22 Launch in Austin
  
  Elon Musk says Tesla is "tentatively" set to begin providing robotaxi service in Austin, Texas, on June 22.
• US Slashes Request for Lockheed's F-35 Fighter Jets in Half
  
  The Pentagon is scaling back in half its request to Congress for Lockheed Martin's F-35 jets, Bloomberg on News reported on Tuesday. A U.S. Defense Department procurement request document sent to Capitol Hill this week...
• GM to Invest $4B in US as It Ramps Up Gas-Powered Vehicles
  
  General Motors is planning to invest about $4 billion over the next two years at three U.S. facilities in Michigan, Kansas, and Tennessee as it moves to boost production of gas-powered vehicles amid slowing electric vehicle demand.
• Terry Moran Out at ABC News Over Stephen Miller Post
  
  Correspondent Terry Moran is out at ABC News, two days after the organization suspended its correspondent for a social media post that called Trump administration deputy chief of staff Stephen Miller a "world class hater." The network said Tuesday that it was at the end of ...

More Companies Stories