AI Boom Faces Reality Check as Massive Spending Meets Uncertain Returns
The artificial intelligence boom that has driven markets, corporate strategy, and investor enthusiasm over the past few years is beginning to face a critical reality check. While AI remains one of the most transformative technologies of the modern era, analysts and investors are increasingly questioning whether the enormous financial commitments pouring into the sector will […]
Lucas Museum Reveals First Exhibitions With ‘Star Wars,’ Comics, Rockwell and Narrative Art Across Cultures
The Lucas Museum of Narrative Art has unveiled the first exhibitions visitors will see when the long-awaited Los Angeles institution opens on Sept. 22, and the overall message is clear: this will not simply be a museum for “Star Wars” fans. The Los Angeles Times reported that the museum will debut with about 20 inaugural […]
First Refunds From Trump Tariffs Expected in May as Importers Wait for Billions in Repayments
The U.S. government says the first refunds tied to President Donald Trump’s overturned tariffs are expected to begin going out around May 11, marking the next major step in unwinding one of the most disruptive trade policies of his administration. The update came from U.S. Customs and Border Protection, which is overseeing the process of […]
Intellia Jumps After Gene-Editing Therapy Succeeds in Pivotal Trial for Rare Swelling Disorder
Intellia Therapeutics rose sharply after reporting successful late-stage results for its experimental gene-editing treatment for hereditary angioedema, a rare disorder that causes dangerous and recurring swelling attacks. The company’s therapy met the main goal of its pivotal trial, helping drive shares higher. The treatment is important because it represents a major step forward for in […]
New Offshore Wind Projects Advance Despite Trump’s Push to Shut Down U.S. Wind Expansion
Offshore wind projects are continuing to take shape along the U.S. East Coast even as President Donald Trump tries to stop the American offshore wind industry from moving forward. Seemingly, there are three of the five wind farms in the region, two fully operational, two nearly complete, and one about halfway built. The physical build-out […]
Stronger-Than-Expected Tesla Results Come With a Bigger Bet on Robots, AI and Future Growth
Tesla reported first-quarter results that beat Wall Street expectations and used the moment to signal an even bigger long-term investment push. The company said it now expects capital expenditures in 2026 to exceed $25 billion, a sharp increase from both last year’s spending and its earlier forecast of around $20 billion. This would amount to […]
Moderna Begins Late-Stage Bird Flu Vaccine Trial in U.S. and U.K.
Moderna has begun a late-stage clinical trial of its experimental bird flu vaccine in the United States and the United Kingdom, marking a significant milestone in the effort to prepare for a possible future influenza pandemic. This is the first pandemic bird flu vaccine built with mRNA technology to reach a late-stage trial, moving the […]
Caterpillar Acquires Electric Tractor Startup Monarch in Bet on Autonomous Agriculture
Caterpillar has acquired Monarch Tractor, a California startup known for building self-driving electric tractors, in a deal that signals the industrial giant’s interest in expanding deeper into agricultural automation and cleaner equipment. The acquisition gives Caterpillar control of a company once viewed as one of the most promising startups in the ag-tech space, especially for […]
Trump’s Research Funding Overhaul Is Reshaping How Universities and Scientists Work With Washington
A major shift in how the Trump administration is approaching federal research funding, with consequences that could reach far beyond universities and laboratories is a core issue that not only covers how much money the government spends on research, but also the rules, priorities, and conditions attached to that support. The administration is trying to […]
Blue Owl Expands Healthcare Real Estate Bet With $2.4 Billion Deal for Sila Realty Trust
Blue Owl Capital has agreed to acquire Sila Realty Trust in an all-cash deal valued at about $2.4 billion, expanding its push into healthcare real estate at a time when alternative asset managers are looking for steadier, income-producing assets.The acquisition will be made through Blue Owl’s real assets division and includes Sila’s portfolio of 137 […]
