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The US is now leading a global surge in new gas power plants being built in large part to satisfy growing energy demand for data centers. And more gas means more planet-heating pollution.

Gas-fired

• Michael Selig, chair of the Commodity Futures Exchange Commission, has praised prediction markets.
• He said Thursday his agency would rescind a warning it published last fall about sports contracts.
• Kalshi argues that just the CFTC can regulate its offerings. States claim it's violating gambling laws.

The chairman of the Commodity Futures Trading

• SpaceX: Very valuable company controlled by Elon Musk.
• xAI and Tesla: Other very valuable companies controlled by Elon Musk.
• Elon Musk's companies routinely feature overlapping tech, employees, and investors. So why potentially merge some?

Elon Musk

Apple says the iPhone had its "best-ever" quarter, with revenue hitting more than $85.3 billion over the past few months. The company announced the news as part of its Q1 2026 earnings report, which also revealed record-breaking revenue of $143.8 billion, up 16 percent when compared to the same time last year.

"The demand for iPhone was simply staggering, with revenue growing

Two Elon Musk companies are reportedly planning to merge. On Thursday, Reuters reported that SpaceX and xAI are holding merger talks ahead of a planned IPO. Part of their plan is to launch AI data centers into space (but unfortunately, only as far as Earth's orbit).

Last week, it was reported that Musk planned to take SpaceX public despite having once said it wouldn’t happen until the company had a

• Saks Global is closing the majority of its off-price Saks Off 5th and Last Call stores.
• Earlier this month, Saks filed for bankruptcy after failing to pay vendors for over a year.
• The company says it is now focusing on the luxury sector.

Saks Global