A German start-up known as Proxima Fusion has received initial funding for the development of a new machine that may be capable of supplying near-limitless energy through the fusion of atoms.

New data show China’s massive property sector is still struggling to turn around, despite signs of recovery earlier this year.

Tensions within the Russian invasion of Ukraine are spiking as several drones struck residential buildings within Moscow with more being shot down by the city's air defenses. The recent strikes have led to the civilian evacuations of the affected areas.

Nvidia became the seventh U.S. company to reach a $1 trillion market cap Tuesday morning as share prices reached $416.39 just before 10:00 AM.

Asian stocks fell Wednesday after momentum in US equities faded and Congress considered the debt accord that’s needed to head off a catastrophic default.

U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.7 million in March and the most since January, the Labor Department said Wednesday. Economists had expected vacancies to slip below 9.5 million.

Once again, the debt ceiling is in the news and is a cause for concern. If the debt ceiling binds, and the U.S. Treasury does not have the ability to pay its obligations, the negative economic effects would quickly mount, triggering a deep recession. Although the US government has never defaulted on its debt, it does occasionally have showdowns over whether or not the ceiling will be raised.

The states that use Colorado River water have agreed to cuts requested by the federal government to help keep two of the main reservoirs, Lake Mead and Lake Powell, from falling to critically low levels.

House Speaker Kevin McCarthy said Monday that “decisions have to be made” at his meeting with President Joe Biden later in the day at the White House, with only 10 days to go until the U.S. risks default.

Meta Platforms was fined $1.3 billion by European Union regulators for sending the personal information of European Facebook users to the United States.

The California-based company Applied Materials announced its intention to invest $4 billion into developing a new facility within California dedicated to research and development of tools used in the manufacturing of semiconductors.

Chevron is looking to further its oil and gas drilling capabilities within the United States as the company is acquiring its long-time rival PDC Energy for $7.6 billion including debt.

Warren Buffett’s Berkshire Hathaway placed a $954 million bet on credit card and banking company Capital One in the first quarter, one of the few new stakes added by the investment group in a period when it was dumping billions of dollars’ worth of stocks.

Months after Elon Musk ran a Twitter poll in which the platform's users voted for him to step down, we now know just who Twitter's new CEO is going to be. On Friday, Musk confirmed reports that the new CEO for Twitter – technically, X Corp. is going to be the former head of advertising at NBCUniversal, Linda Yaccarino. NBCUniversal confirmed her departure from the company just hours before Musk announced the Twitter news.

The curtain has fallen on the Tonys‘ scheduled air date: The annual theater awards ceremony won’t air on CBS as planned on June 11 after the Writers Guild of America denied a waiver for the show to air during the ongoing Hollywood writers’ strike.

The European Union’s antitrust watchdog approved Microsoft’s planned $75 billion acquisition of Activision Blizzard giving the two companies a win after the deal hit a regulatory roadblock in the U.K.

Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise. Vice said Monday that it has agreed to sell its assets to a consortium of lenders — Fortress Investment Group, Soros Fund Management and Monroe Capital — in exchange for $225 million in credit. Other parties will also be able to submit bids.

It’s been a number of weeks since Margherita Della Valle was named the CEO of Vodafone Group, and she’s had about five months to evaluate the company’s situation as interim CEO. During this time the new CEO concluded that the company is due for a significant redesign, which includes the reduction of 11,000 positions over the next three years, starting at Vodafone’s U.K. headquarters and its operations in Germany and Italy.

Amazon is in the works of developing new methods of providing the company’s plethora of Amazon original TV shows and movies to viewers on other platforms.

Baxter International announced on Monday that the company has agreed to sell its biopharma solutions unit for $4.25 billion as it seeks to dedicate more resources to its primary goal of developing a treatment for kidney disease and other acute chronic conditions.

The $20 billion acquisition of Figma by Adobe may be put to an end as the UK competition regulator opened a probe into the deal nearly nine months after its announcement.

Tesla CEO Elon Musk joined Texas Governor Greg Abbott to break ground at the site of the electric vehicle maker’s new lithium refinery in Corpus Christi on Monday.

Luxury electric vehicle maker Lucid Group on Monday reported a wider first-quarter loss, but said that it still has enough cash to continue operations into next year. Shares were down over 8% in after-hours trading following the news.

Consumer prices climbed 4.9% in April — the first-time annual inflation has landed below 5% in two years. On a monthly basis, the inflation rate rose 0.4%, which was higher than the 0.1% in March.

Nordstrom is closing both of its stores in downtown San Francisco, citing the changing “dynamics” of the area that hasn’t recovered since the pandemic and has been in the spotlight for crime.