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Today: May 20, 2026
Today: May 20, 2026

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Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO

SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even larger ambitions to colonize Mars and build AI data centers in space. The listing is poised to become the first trillion-dollar U.S. market debut and could set the stage for a number of monumental IPOs in coming months, among them potentially technology giants OpenAI and Anthropic. The sale would immediately cement SpaceX as one of the world's most valuable publicly traded companies, the second in Elon Musk's sprawling business empire to surpass
Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO
Europe|Political|World

Zelenskiy says Ukraine discussed sanctions on Russia with Britain

President Volodymyr Zelenskiy said on Wednesday that Ukraine had been in contact with Britain on Wednesday, having sent signals on the "sensitive" issue of sanctions on Russia, with hopes to discuss the issue further this week."This issue is always very sensitive... We conveyed our signals on the matter to London," he said in his nightly video address. "We expect that everything will be discussed this week on a bilateral level."Zelenskiy did not refer directly to Britain's decision to continue to allow imports of diesel and jet fuel refined from Russian crude in third countries, but said san
Zelenskiy says Ukraine discussed sanctions on Russia with Britain
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Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

Elf Beauty on Wednesday forecast annual sales and profit below analysts' expectations, and said surging oil prices tied to the Iran war could have a $15 million to $20 million impact in fiscal 2027.Still, shares of the cosmetics maker, which beat estimates for fourth-quarter results, rose about 6% in extended trading.Elf joins other global firms hit by the U.S.-Israeli war with Iran, but said it has not included the expected impact in its forecast."We have cost-savings programs that we believe can help offset" the impact, Chief Financial Officer Mandy Fields told Reuters in an interview. She
Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

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House passes housing affordability bill that softens institutional investor ban

A landmark housing affordability package moved one step closer to becoming law on Wednesday after winning bipartisan approval in the House of Representatives.The measure is an amended version of the 21st Century ROAD to Housing Act, which cleared the Senate in March.The bill, which won approval in a sweeping vote of 396-13, aims to tackle the housing crisis from multiple angles: expanding loans to construct housing, pushing local governments to loosen permitting rules, expanding manufactured housing, and curbing Wall Street’s ownership of single-family homes.Together, the House and Senate pr
House passes housing affordability bill that softens institutional investor ban
Health|Political|Science|US|World

RFK Jr. terminates heads of preventive services task force amid overhaul

US Health and Human Services Secretary Robert F. Kennedy Jr. quietly removed the two top leaders of a key preventive services panel last week as he seeks to overhaul its membership.The US Preventive Services Task Force determines what preventive care – such as mammograms and colonoscopies – Americans can receive at no cost. But it has not met for more than a year, and half of the 16 seats are unfilled.The unusual move comes as the administration is seeking new members for the task force, and its leaders would typically be involved in the vetting process. Their removal has raised concerns o
Economy|Election|Finance|Political|US

The Latest: US indicts former Cuban President Raúl Castro over 1996 downing of planes

Federal prosecutors on Wednesday charged former Cuban President Raúl Castro with ordering the 1996 shootdown of civilian planes operated by Miami-based exiles, a major escalation of pressure by the Trump administration on the socialist government. President Donald Trump has set a calamitous energy blockade on the island and has been threatening military action ever since U.S. forces captured the Cuban government’s longtime patron, Venezuelan President Nicolás Maduro. Two police officers who helped defend the U.S. Capitol from an attack by a mob of President Do
The Latest: US indicts former Cuban President Raúl Castro over 1996 downing of planes
Crime|Political|US|World

US raises pressure on Cuba with indictment of former leader as island's president condemns charges

Federal prosecutors on Wednesday announced criminal charges against former Cuban President Raúl Castro in the 1996 downing of civilian planes flown by Miami-based exiles as the Trump administration escalated pressure on the island's socialist government. The indictment accuses Castro of ordering the shootdown of two small planes operated by the exile group Brothers to the Rescue. Castro, who turns 95 next month, was Cuba's defense minister at the time. The charges, which were secretly filed by a grand jury in April, included murder and destruction of an airplane. Five Cuban mil

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Business|Economy|Finance|Political|World

One GOP congressman is vowing to end Trump’s $1.8 billion compensation fund for allies

One Republican congressman says he is exploring ways to end the Trump Justice Department’s move to establish a tax-payer fueled “anti-weaponization” fund, a move likely to draw the ire of President Donald Trump.Pennsylvania GOP Rep. Brian Fitzpatrick told reporters he “100%” wants to prevent the nearly $1.8 billion fund that could compensate Trump’s allies from moving forward.“Once we get to the bottom of the source of the funding, we’re going to put legislative text together. We got to figure out what we have jurisdiction over. That’s the first question,” he said Wednesday
One GOP congressman is vowing to end Trump’s $1.8 billion compensation fund for allies
Arts|Crime|Political|Technology|World

Florida prosecutor charged with emailing herself the most sought-after documents from Jack Smith’s Trump investigation

A former managing assistant US attorney in the Southern District of Florida has been charged with emailing herself the most sought-after, confidential Justice Department records in special counsel Jack Smith’s investigation of President Donald Trump, masquerading them as dessert recipes.Carmen Mercedes Lineberger, 62, faces two felony charges related to her handling of Volume II of Smith’s final report, which detailed Smith’s findings that Trump and two co-defendants who worked for him in 2021 mishandled national security documents from his first presidency and attempted to stymy federal
Business|Crime|Economy|Political|World

US offers new relationship to Cuba in Rubio message

U.S. Secretary of State Marco Rubio offered to forge a new relationship between the U.S. and Cuba on Wednesday in a video message to the Cuban people, proposing $100 million in aid and blaming Cuba's leaders for shortages of electricity, food and fuel."We in the U.S. are offering to help you not only alleviate the current crisis, but also to build a better future," Rubio said in a State Department message on Cuban Independence Day. The Trump administration is expected to announce criminal charges against former Cuban president Raul Castro on Wednesday, in a move that would mark a step-up in W
US offers new relationship to Cuba in Rubio message
Education|World

Harvard faculty votes to make it more difficult for undergrads to earn A's

At Harvard University, earning straight A’s is about to get harder. Harvard’s Faculty of Arts and Sciences announced Wednesday that it would limit the number of A grades awarded to undergraduates, adopting one of the most ambitious efforts by a major university to curb grade inflation. The decision was made by faculty vote earlier this month. The move comes after top grades became so common that some Harvard faculty argued they no longer reliably distinguished exceptional work. More than 60% of all grades awarded to undergraduates in recent years were in the A

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Economy|Health|Political

Barney Frank, liberal icon who regulated a ‘too big’ financial industry, dies at 86

Barney Frank, liberal icon who regulated a ‘too big’ financial industry, dies at 86
Business|Economy|Finance|Lifestyle

How to recession-proof your life

How to recession-proof your life

Business|Crime|Lifestyle|Political

Missouri State Highway Patrol trooper indicted in connection with 'towing corruption scheme'

Missouri State Highway Patrol trooper indicted in connection with 'towing corruption scheme'

Political

Democrat "angered" & "saddened" by Republican's primary loss

Democrat "angered" & "saddened" by Republican's primary loss
Business|Economy|Political

IRS barred from investigating Trump or his family for past tax issues, as part of controversial lawsuit agreement

The Internal Revenue Service cannot ever bring claims against President Donald Trump, his family or businesses for past tax issues under the additional terms published Tuesday in the agreement the Justice Department reached with Trump to resolve his $10 billion lawsuit against the IRS for the disclosure of his tax returns.

Business|Economy|Finance|Political|Stock Markets

Trump discloses thousands of stock trades, some in companies directly influenced by his policies

Recent presidents have stayed away from trading stocks in companies whose fortunes they could lift or scuttle with the stroke of a pen

Business|Economy|Education|Science|Technology

Graduates are booing pep talks on AI at college commencements

Graduates are booing pep talks on AI at college commencements
Business|Crime|Economy

Takeaways from Todd Blanche’s Senate testimony: Weaponization fund, Epstein probes and Trump prosecutions dominate

Takeaways from Todd Blanche’s Senate testimony: Weaponization fund, Epstein probes and Trump prosecutions dominate

Business|Economy|Political|World

Trump’s tough-talk foreign policy is hitting a wall with Iran as it grips Strait of Hormuz

President Donald Trump considers himself an effective dealmaker but appears to have hit a wall with Iran

Health|Political|Sports

Georgia Republicans dig in for runoffs for Senate and governor as campaigns go into overtime

Rep. Mike Collins and Derek Dooley will compete for the Republican nomination for U.S. Senate in a June 16 runoff, as neither received at least 50% of the vote in Tuesday’s primary to win outright

California & Local

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

Entertainment

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Arts|Celebrity|Entertainment|Lifestyle|US

Michigan woman whose name inspired band to become Greta Van Fleet dies at 95

Michigan woman whose name inspired band to become Greta Van Fleet dies at 95
Arts|Business|Economy|Entertainment|Finance|Lifestyle|Technology

Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war
Business|Celebrity|Entertainment|Finance|Lifestyle|Sports

A look at the notable accomplishments of Aaron Rodgers' career as he enters his final season

A look at the notable accomplishments of Aaron Rodgers' career as he enters his final season
Crime|Entertainment|Health|Lifestyle|US

Video captures Kalamazoo officer catching baby tossed from burning home

Video captures Kalamazoo officer catching baby tossed from burning home