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Before filing for bankruptcy, Luminar struck an agreement with Quantum Computing to sell it the equity of its subsidiary, Luminar Semiconductor, for $110 million in cash.

“Fifty-three percent of New York’s non-domiciled [commercial driver licenses] were issued unlawfully or illegally," Transportation Secretary Sean Duffy says.

It’s been a rocky comeback for Tesla, whose share price has more than doubled since it hit a low in early April amid a wider market meltdown sparked by President Trump’s tariff offensive.

Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.

“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

“I’ve had the privilege of working alongside the most talented and dedicated professionals in our industry to deliver for our employees, customers and shareholders,” CEO Robert Sanchez said.

Transportation providers are gaining access to a broad menu of emerging artificial intelligence capabilities, available both as bolt-on systems and embedded features in transportation management software.

A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty to pick up crude as soon as possible. 

Christian Moran of Ford Secure says, “Thieves do like to go after pickup trucks. They also like to go after the contents that are often in pickup trucks."

Marathon Asset Management and others that provided First Brands Group with $1.1 billion are seeing the super-senior debt crater at a speed that bankruptcy experts say is unprecedented.