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 “CNBC”
SpaceX raised $75 billion in the largest IPO ever, with shares jumping in their Nasdaq debut and valuing the company above $2 trillion. The listing pushed Elon Musk’s paper net worth past $1 trillion, though analysts questioned the company’s valuation.
Vice President JD Vance said the United States is “very close” to a long-term nuclear deal with Iran, though an agreement could come next week or months from now. His comments came as tensions rose after an Apache helicopter crashed near the Strait of Hormuz and U.S. forces reportedly launched retaliatory strikes.
The Government Accountability Office found major failures at Camp East Montana, ICE’s largest detention center, including health care lapses, unsanitary conditions, a lost loaded firearm and millions in waste. DHS said ICE has hired a new contractor and is upgrading the facility.
President Donald Trump was loudly booed when shown on the Madison Square Garden video boards before Game 3 of the NBA Finals. His attendance, the first by a sitting president at an NBA Finals game, brought heightened security and the cancellation of an outdoor watch party.
OpenAI said it has submitted a confidential S-1 filing, giving the ChatGPT maker the option to pursue an IPO. The move follows similar filings by Anthropic and SpaceX as major AI companies seek more capital for computing power and model development.
A stabbing Sunday evening at New York City’s Penn Station injured multiple people, with NBC News reporting six injuries and the BBC reporting five. A suspect was taken into custody, and a senior law enforcement official told NBC there were no preliminary signs of terrorism.
Donald Trump walked out of an NBC Meet the Press interview after Kristen Welker challenged his claims that California’s primary elections and the 2020 presidential election were rigged. The interview also covered Iran, the Jan. 6 Capitol riot and a dropped $1.8 billion compensation proposal.