Maker of Drone Boats Used in Iran War Will Open New Texas Shipyard
Saronic Technologies will make naval and commercial vessels at the facility. The company’s naval drone helped rescue the crew of...
Business
Strait of Hormuz Tanker Traffic Erodes Further as Oil Prices Rise
Very few ships passed through the waterway on the first full day of the U.S. naval blockade of Iran.
Mary-Dell Chilton Dies at 87; Helped Create First Genetically Modified Plant
In 1982, she led the research team that figured out how to genetically alter plants, a discovery that would eventually...
White House Faces Stiff Pushback on Subjecting Grants to Political Review
Academics, city leaders and congressional lawmakers number among the thousands to urge the Trump administration to reconsider a plan to...
Americans Are Spending, and Not Just on Necessities
Lower gas prices have been a relief for households struggling with higher living costs. But now they are creeping higher...
Oil Prices Tick Higher as U.S. Reinstates Iran Blockade
The United States reinstated its blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl...
IBM’s Stock Crash Reignites Fears of A.I. Disruption in Software Sector
The company tumbled sharply after previewing quarterly results that were disappointing. It’s not good news for software and tech consulting...
War Risk for Businesses Will Mean Higher Prices No Matter What Happens
Doing business in a more dangerous and unpredictable world will cost more, pushing up the price of everything from food...
Goldman’s Former Top Lawyer Calls Epstein a ‘Masterful Liar’
Kathryn Ruemmler, the former general counsel of Goldman Sachs, testified on Wednesday in a closed-door congressional hearing investigating Jeffery Epstein.
SpaceX Falls Below I.P.O. Price of $135
After soaring in its stock market debut, the shares of Elon Musk’s rocket and A.I. company have been rocky.