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2026-05-152026-07-23

In coverage

Verbatim sentences from the source article.

May 2026
15 MayJoy Online
… US Treasury Secretary Scott Bessent, who had been leading trade talks for Washington, said in a pre-recorded interview with CNBC that he expected progress on a mechanism to support future investment too. …
Trump brought top CEOs to Beijing but few big deals emerge

Business

Musk leaves door open to Tesla-SpaceX merger possibility

The News

Tesla CEO Elon Musk declined to dismiss a potential merger between Tesla and SpaceX on the company's earnings call, citing growing overlap between the firms and noting that any such combination would require appropriate processes. Tesla already supplies batteries and manufacturing technologies to SpaceX projects, and the companies are jointly developing Terafab, a semiconductor manufacturing facility.

7 hours ago · Joy Online →

Today

Musk leaves door open to Tesla-SpaceX merger possibility
Tesla CEO Elon Musk declined to dismiss a potential merger between Tesla and SpaceX on the company's earnings call, citing growing overlap between the firms and noting that any such combination would require appropriate processes. Tesla already supplies batteries and manufacturing technologies to SpaceX projects, and the companies are jointly developing Terafab, a semiconductor manufacturing facility.
7 hours ago · Joy Online →

Yesterday

US and China plan AI talks for September
The United States and China will hold talks over artificial intelligence in September to address risks from each other's increasingly powerful frontier models, five sources told Reuters. The talks, an outcome of the Trump-Xi summit in May, are expected to take place before Chinese President Xi Jinping's planned September 24 visit to the U.S., and will likely be led by U.S. Treasury Secretary Scott Bessent.
22 July 2026 · Joy Online →

Friday 10 July

IEA projects first global oil demand decline since 2020
The International Energy Agency forecasts a significant downturn in global oil demand for 2026, the first annual decline since the 2020 pandemic, citing Middle East conflict and the closure of the Strait of Hormuz as primary drivers of disrupted production and export routes.
10 July 2026 · Joy Online →

Friday 12 June

SpaceX IPO raises $75 billion; Musk becomes trillionaire
SpaceX raised a record $75 billion in its initial public offering on Thursday. Following the share sale, Elon Musk's net worth surpassed $1 trillion, making him the world's first trillionaire.
12 June 2026 · Joy Online →

Thursday 11 June

US Vice-President Vance criticizes Netanyahu over policy misalignment
US Vice-President JD Vance said Israeli Prime Minister Benjamin Netanyahu "has certainly gotten some things wrong," citing misalignment between Israeli and American interests, as tensions have emerged between the two allies over recent weeks regarding military action in Lebanon and Iran policy.
11 June 2026 · Joy Online →

Monday 8 June

OpenAI files for public listing, escalating AI firm competition
OpenAI has filed confidentially with the US Securities and Exchange Commission to pursue a future initial public offering, following rival AI company Anthropic's announcement of a similar plan one week prior. Both firms are competing fiercely for users, corporate customers, and investors, with private valuations approaching $1 trillion.
8 June 2026 · Joy Online →
Federal judge vacates Trump's $100,000 H-1B visa fee
A federal judge in Massachusetts ruled that President Trump's policy imposing a $100,000 fee for H-1B visa applications violated the Administrative Procedure Act and the Constitution. The H-1B program allows U.S. employers to hire nonimmigrant workers in specialty occupations; the fee increase from the previous $2,000–$5,000 range was implemented by Trump in a presidential proclamation last September.
8 June 2026 · Joy Online →

Wednesday 3 June

Trump clashes with Netanyahu over Lebanon military action
Donald Trump has reportedly clashed with Israeli Prime Minister Benjamin Netanyahu over military action in Lebanon, with Trump calling him "effing crazy" during a Monday phone call. The dispute threatens to complicate Trump's efforts to broker a deal extending the US-Iran ceasefire and reopening talks on Tehran's nuclear programme.
3 June 2026 · Joy Online →

Sunday 31 May

Ferrari's new electric Luce faces backlash over design
Ferrari unveiled its first electric vehicle, the Luce, designed by iPhone designer Sir Jony Ive, but the $640,000 five-seater car faced widespread criticism from investors, politicians, and internet users, with the firm's shares falling 8% after the launch and a former chairman warning it risks destroying the brand's legend.
31 May 2026 · Joy Online →

Thursday 21 May

Walmart warns higher petrol prices squeeze US consumer spending
Walmart expects sales growth to slow significantly from May to July as higher petrol prices, driven by the Middle East conflict and rising oil costs, pressure US household budgets. The retailer's finance chief said tax refunds had cushioned the impact, but as those benefits fade, consumers will feel more strain from elevated fuel costs.
21 May 2026 · Joy Online →

Friday 15 May

Trump claims trade deals in Beijing despite few confirmed outcomes
US President Trump visited Beijing with a business delegation and said he struck "fantastic trade deals" with Chinese leader Xi Jinping, though the two-day summit produced warm rhetoric more than concrete agreements. Trump said China agreed to order 200 Boeing planes, but Beijing did not confirm major purchases.
15 May 2026 · Joy Online →