Business
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Lockheed Will Spend $7 Billion of Its Own Money to Keep Building F-35s for a Decade
The seller is paying for the order. Here's the arithmetic of what that costs — and what it buys.
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NAB’s Leaked Workforce Plan: 105 Australian Tech Jobs Out, 65 Offshore In
The bank's announcement talks about simplifying. Its leaked spreadsheet talks about geography.
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TD Cowen Says Moderna Is Worth $90. The Market Says $254. The Gap Is Two Companies
On Wednesday TD Cowen said Moderna is worth $90 and kept its Hold. The shares trade near $254. The CEO,…
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Ticketmaster’s Fees Won in Canada, Face Trial in California — and the Two Courts Disagree About You
A Canadian court says the ticket buyer can do basic arithmetic. A California court says the first price she sees…
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Two States Are Bidding for the Bears. Here Is Every Public Dollar on the Table
Thursday morning gave the whole bidding war away: Indiana's House Ways and Means Committee voted 24-0 to advance a stadium…
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Fortescue Is the Last Miner Standing as China’s State Buyer Freezes It Out
Rio Tinto signed this week. BHP settled for a one-year deal in yuan. Fortescue's warning Thursday shows what holding out…
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Barclays Cuts 5,000 Jobs for ‘AI Efficiency.’ Its CEO Calls AI the Icing, Not the Cake
5,000 jobs are 5% of the bank. The £600M of "structural cost actions" says more about why than the AI…
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Zuckerberg’s California Bill: $12B. Meta’s Deal Gives Him $24B to Pay It — Without Losing a Vote
A one-time 5% tax, an 8-year residency commitment, a hidden 2-for-1 split — and Meta's real reason for printing new…
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‘You Can See Everything’ Made $15M on Under 1,000 Screens — Against a $452M Bill
More than $15,000 per screen, second only to 'Fahrenheit 9/11' among non-music documentaries — and about 3.3 cents on the…
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SpaceX Revenue Jumps 161% as Tesla Merger Talks Begin
SpaceX reported a 161% revenue increase, according to discussion on the Big Money Show panel, accelerating corporate deliberations that could…
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