Firefighters in Tracy, California, continued battling a massive fire that destroyed a 1 million-square-foot Medline medical supply warehouse. Officials reported no injuries but warned that smoke contained toxic substances and urged nearby residents to stay indoors.
Posts tagged as “Amazon”
SpaceX is seeking to raise $75 billion in a record IPO that would value the company at roughly $1.75 trillion. The company proposed a $135 share price ahead of an expected Nasdaq debut next week, though the final price remains uncertain.
A Blue Origin rocket explosion during a test at Cape Canaveral severely damages the New Glenn rocket and launch pad, threatening delays to NASA's Artemis moon missions. The incident raises questions about the timeline for lunar lander flights and the broader lunar exploration program.
Kouri Richins is sentenced to life without parole for murdering her husband with a fentanyl-laced drink. Her children expressed fear of her release, while the judge weighed the severity of the crime against the family's trauma.
The S&P 500 and Nasdaq hit record highs Wednesday as investors remain optimistic despite ongoing Iran conflict and rising energy prices. Strong corporate earnings and expectations of de-escalation in the Middle East have fueled the rally.
A federal judge has issued a temporary injunction halting the Trump administration’s $400 million White House ballroom construction, ruling that the project likely exceeded legal authority and lacked proper congressional approval. The National Trust for Historic Preservation challenged the project, citing improper adherence to federal guidelines and questionable funding through private donations funneled via a nonprofit and the National Park Service. Judge Richard Leon criticized the administration’s legal and financial justifications, emphasizing that only Congress can authorize such alterations and funding, and ordered construction to stop unless statutory approval is granted.
The White House criticized Amazon's reported plan to display tariff charges on imported goods on its discount platform, Amazon Haul, calling it a "hostile and political act." Amazon clarified that while the idea was discussed, it has not been implemented, and there are no immediate plans to do so. Despite the potential transparency benefits for consumers, the proposal drew significant attention, prompting a conversation between President Donald Trump and Amazon founder Jeff Bezos, although no official changes have been made to the platform.