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TWICE Leader Jihyo Leaves JYP Entertainment After 21 Years

Forbes Business - 10 hours 51 min ago
Jihyo joined JYP in 2005 at only eight years old. Her and JYP Entertainment have had one of the longest artist-agency relationships in the industry.
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Watch: 'We don't pay' - lawyer advises how to avoid £45,000 illegal-worker fine

BBC Business - 11 hours 3 min ago
Mohammad Alias Yousaf made his claim to an undercover reporter posing as a mini-mart owner.
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Elon Musk backs SpaceX-Tesla merger as rocket firm turns profit

Euronews Business - 11 hours 27 min ago
Elon Musk has signalled his support for a potential merger between SpaceX and Tesla, as SpaceX reported a sharp rise in revenue and its first quarterly profit since going public.
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Why does Elon Musk want to merge Tesla and SpaceX?

BBC Business - 11 hours 51 min ago
Musk, who is CEO of both companies, says there is "a lot to be gained" from the merger, which would be the biggest in history.
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‘He Doesn’t Sell’ Legend Jose Aldo Says UFC Should Cut Undefeated Fighter If He Loses — And That’s Ridiculous On So Many Levels

Forbes Business - 12 hours 16 min ago
Jose Aldo says the UFC should cut 20-0 Movsar Evloev if he loses to Alexander Volkanovski at UFC 333. Here’s why that take ignores what Evloev has earned.
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After Ring Ceremony, Knicks Open With Loss To 76ers In LeBron James’ Philadelphia Debut

Forbes Business - 12 hours 20 min ago
The Philadelphia 76ers defeated the New York Knicks, 106-100, in the season opener on Tuesday night. The Knicks celebrated their 2026 NBA title before the game.
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Disney Inventor Launches AI-Powered Theme Park Personalization Platform

Forbes Business - 12 hours 53 min ago
The inventor behind some of the most significant technological developments in Disney’s theme parks is launching an AI-powered platform to optimize guest experience at visitor attractions.
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Elon Musk says Tesla-SpaceX merger would be 'a good idea' as companies form special committees

Fox Business - 13 hours 44 min ago

Elon Musk said Tuesday that merging his two companies, Tesla and SpaceX, would be "a good idea," revealing that both companies have formed special committees of independent directors to explore a potential deal.

Musk, who leads both companies, has previously entertained the idea of combining the businesses, pointing to growing overlap between them.

Following SpaceX's quarterly earnings report and Musk's comments during a conference call with investors Tuesday, shares of SpaceX jumped as much as 8% in extended trading.

"I think it would be a good idea, but it's really up to the special committees of both companies," Musk said. "Because I'm a conflicted party, I can't actually be in the discussions of the special committees."

ELON MUSK PLEDGES TO GIVE EVERY CHILD IN AMERICA A SPACEX SHARE NEXT YEAR

Musk said the companies formed the special committees at the request of shareholders, who would ultimately need to approve any merger.

"I do think there's a lot of merit to combining the companies as we are pretty much in the superintelligence singularity, and there's a lot to be gained from cooperating on developing superintelligence software, chip design, the Terafab obviously, robotics, mass-to-orbit with the Starmind constellation, connectivity," Musk said.

Speculation about a potential combination, including the possibility of SpaceX acquiring Tesla, has intensified, with Barclays suggesting last week that a deal could be announced as early as December, according to Reuters.

Musk cautioned that it was too soon to know whether the merger would ultimately happen.

FERRARI CEO RATES TESLA ROADSTER LAUNCH '10 OUT OF 10,' THANKS ELON MUSK FOR DARING TO INNOVATE

The potential merger comes as SpaceX reported its first profit as a publicly traded company earlier Tuesday.

According to Musk, the company expects annual recurring revenue of $500 billion to $1 trillion by the end of 2027.

Musk owns a significant stake in SpaceX while retaining substantial voting control over the company.

Earlier this week, Musk pledged to give every child in America one share of SpaceX next year and suggested the planned giveaway could be the first of several.

Tesla has also drawn attention recently, unveiling its long-anticipated Roadster last week during a showcase in which the vehicle used compressed-air thrusters to launch off a ramp and perform a midair maneuver.

Reuters contributed to this report.

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