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Los Angeles trial begins for man accused of Palisades Fire

LOS ANGELES (AP) – A federal arson trial began Monday for the man accused of sparking last year’s deadly Palisades Fire as the area struggles to rebuild and the aftermath reverberates through the Los Angeles mayor’s race.

Anthropic announces 'Claude Corps' to teach nonprofits to use AI more effectively

SAN FRANCISCO (AP) – Anthropic will donate $150 million to launch a fellowship program that places coaches with nonprofits around the country to help them use artificial intelligence more effectively in their work.

California socialite and ex-Dodger must pay $22M in punitive damages

LOS ANGELES (AP) – A Los Angeles jury on Wednesday ordered California socialite Rebecca Grossman to pay $21 million in punitive damages to the parents of two young brothers who died when her car struck them in a hit-and-run collision in 2020.

What Elon Musk's trillion means in real terms

NEW YORK (AP) – Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire. That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or staggering debt ) of a handful of major economies.

SpaceX soars 23% and makes Elon Musk the first trillionaire

NEW YORK (AP) – Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker’s CEO Elon Musk the first-ever trillionaire. The shares opened at $150 and kept rising, reaching $166.90 around 12:.20 p.m. ET. That price gave the company a market value of $2.18 trillion.

Paramount Skydance merger with Warner Bros. Discovery won't harm competition

An investigation by the U.S. Justice Department into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has determined that the mammoth Hollywood media merger is not likely to harm competition in the industry or be harmful for consumers.

US and Iran are close to a deal to end their war, officials say

ISLAMABAD (AP) – The United States and Iran are close to signing an agreement aimed at ending their war, three regional officials told The Associated Press on Friday. A senior U.S. official said the tentative deal includes terms for removing and destroying nuclear material from Iran.

Keir Starmer says he's staying put after defense secretary's departure

LONDON (AP) – British Prime Minister Keir Starmer vowed Friday that he will fight to stay in office after the sudden resignation of his trusted defense minister left his shaky leadership weakened still further. Starmer has seen the departure of several junior and senior ministers in recent weeks.

The Trump Report: The Latest Updates

A federal judge agreed Friday to extend a court-ordered block on the Trump administration’s creation and operation of a $1.8 billion settlement fund for compensating people who claim to be victims of a weaponized government.

WASHINGTON (AP) – President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it. Asked about the new report that the consumer price index in May had jumped 4.2% over the last year, the president took a surprisingly optimistic tack with the challenging news.