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The Wall Street Journal

15 stories

US Politics

Trump Unveils $15 Billion Iowa Steel Project

President Trump announced a planned $15 billion steel project in Iowa. The move appears aimed at scoring economic wins as Republicans face a difficult midterm election cycle.

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US Politics

RFK Jr.'s Push to Revamp American Food Runs Into White House Resistance

Robert F. Kennedy Jr.'s effort to overhaul American food policy is meeting pushback inside the White House. Questions about whether his ideas are even workable have created uncertainty around an agenda that once had political momentum.

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US Politics

Justice Alito Won't Participate in Supreme Court Case on Climate Change

Justice Samuel Alito will sit out a Supreme Court case on climate change. The decision marks a reversal, after the justice had previously signaled he would not recuse himself.

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AI & Tech

OpenAI Halts New Model Over Safety Worries

OpenAI has paused work on a new model because of safety concerns. The pause stands out as a rare public halt in the industry's race to ship ever-more-powerful AI systems.

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AI & Tech

Nvidia Adds Record $150 Billion to Stock Buyback

Nvidia's board approved a record $150 billion expansion of its share-repurchase program, bringing total buyback authorization to $235 billion. The move signals confidence from the world's most valuable chipmaker amid the AI buildout.

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AI & Tech

Legrand Shares Rise After Data-Center Boom Prompts Guidance Upgrade

Shares of French electrical-equipment maker Legrand climbed after the company raised its 2030 targets, citing plans to capitalize on the rapid data-center construction driven by artificial intelligence.

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Science & Space

SpaceX Launches Starship for First Orbital Mission

SpaceX's Starship reached orbit for the first time and deployed the newest version of Starlink satellites. The milestone is a critical step in the company's effort to make the experimental rocket handle a range of missions.

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Energy

Trump Administration Ends Tougher Fuel-Economy Rules

The Trump administration has rolled back tougher fuel-economy standards. The new mandate will require an average of 34.5 miles per gallon by model year 2031, down from the 50.4 mpg standard set under the Biden era.

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Energy

Oil Prices Rise as U.S.-Iran Talks Remain Uncertain

Oil prices rose as investors weighed uncertainty around U.S.-Iran ceasefire efforts against a recovery in Middle Eastern crude flows. The market remains on edge over the fragile diplomatic situation.

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Energy

Shell to Double Production Capacity at LNG Canada

Shell will build two additional liquefaction plants to double production capacity at LNG Canada to 28 million metric tons a year. The British energy major is betting on growing natural-gas demand in Asia.

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Energy

U.S. Pressure Is Awakening an Energy Giant in Canada

American trade hostility and the war in the Middle East could fuel a renaissance for Canada's energy sector. The shifting geopolitics may be pushing the country toward a new era as an energy power.

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Defense

Raytheon Gets $20.7 Billion Contract to Accelerate AMRAAM Missile Production

Raytheon won a $20.7 billion contract to speed up production of AMRAAM missiles. Under the five-year deal, with two option years, the company will scale production to record levels to meet long-term demand.

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Markets

Shein's Earnings Disappoint, Sending Stock Lower

The fast-fashion retailer's first earnings report since going public disappointed investors, sending its Hong Kong-listed stock to a record low. The rocky debut continued Shein's difficult start as a publicly listed company.

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Markets

Oura Postpones IPO Over Market Uncertainty

The smart-ring maker said it was delaying its initial public offering because of market uncertainty. The postponement comes despite what the company described as strong demand for the listing.

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Aviation

FAA to Delay 737 MAX 10 Approval Over New Software Glitch

Air-safety regulators will assess a possible safety risk before certifying the longest and final model of Boeing's bestselling jet. The new software issue delays approval of the 737 MAX 10.

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