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Warren questions SpaceX IPO oversight in new letter to stock indexes
Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.
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SpaceX is way ahead of competitors with Starlink, but growth is harder heading into IPO
Heading into its IPO, SpaceX’s only profitable business is Starlink. But there are red flags for investors.
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Jay Clayton: Trump names new spy chief after Pulte pushback
The nomination comes after lawmakers objected to his first selection, Bill Pulte, over a lack of relevant experience.
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Ex-Andreessen Horowitz partner slams his old firm, other VCs for ‘political infiltration’ around AI
John O’Farrell, former partner at Andreessen Horowitz, says the PAC Leading the Future, backed by his old firm, is trying to “intimidate politicians.”
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Kimi teases Kim in viral video: ‘Have you seen my towel?’
BARCELONA, June 11 : Formula One leader Kimi Antonelli would like his towel back and social media is pointing the finger at Lewis Hamilton’s celebrity friend Kim Kardashian.The Mercedes driver posted a cheeky reel on Instagram ahead of this weekend’s Barcelona-Catalunya Grand Prix asking his seven million fol
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States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX
(In first paragraph, corrects number of states challenging indexes to four from five)By Ross KerberJune 11 : Investment leaders from four large states pressed Nasdaq and FTSE Russell for details about recent rule changes favoring SpaceX and other megacap IPOs, and suggested the index providers put the
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Red Bull question FIA’s ‘benchmark’ engine call
BARCELONA, June 11 : Red Bull are seeking clarification from Formula One’s governing body after their 2026 engine was deemed to be the benchmark for performance, giving rivals more scope for development.Mercedes have won all six races so far this season, with Red Bull achieving only two third places.Se
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Japan captain Endo withdraws from World Cup due to injury, retires from internationals
TORONTO, June 11 : Japan captain Wataru Endo has withdrawn from the World Cup squad due to injury in a blow for the Samurai Blue, with the midfielder also announcing his retirement from international football.Endo, who endured an injury-hit season with Liverpool, has been replaced by Borussia Moenchengladbach
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Adobe raises annual revenue forecast, CFO to exit
June 11 : Adobe raised its annual revenue forecast on Thursday, signaling increased adoption of its AI tools, and announced the departure of CFO Dan Durn, only three months after the Photoshop maker’s CEO said he would step down. Shares of the company fell around 6 per cent in extended trading. The com
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Argentina bump France from top spot in rankings ahead of World Cup title defence
June 11 : Argentina returned to the top of the world rankings on Thursday right in time for their World Cup title defence as France dropped two spots to third.Argentina, who kick off their World Cup campaign against Algeria on Tuesday in Kansas City, have not led the ranking since July 2025 but moved up…
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