Business

Veteran-owned construction software firm BuildOps has selected Raleigh, North Carolina, for its latest expansion hub, turning down Austin in favor of $2.8 million in incentives. The company plans to hire 291 employees over five years, offering average salaries of $110,000—well above Wake County’s current average of $76,643.

Tesla shares surged nearly 10% on Monday following the company's official launch of its robotaxi service in Austin, Texas.

Nippon Steel and U.S. Steel have finalized what they called a "historic partnership."

The Trump Organization launched a new service called Trump Mobile.

Amazon announced that it is developing $20 billion in data centers to boost artificial intelligence development.

Autonomous taxi company Waymo has suspended operations in parts of downtown Los Angeles after five of its vehicles were set on fire during violent anti-ICE riots over the weekend. The company, owned by Alphabet Inc., confirmed it pulled vehicles from the area “out of an abundance of caution” after the attacks.

Elon Musk has publicly denounced President Donald Trump's "Big Beautiful Bill," urging lawmakers to reject the legislation due to its proposed elimination of electric vehicle (EV) tax credits.

Anthropic CEO Dario Amodei is sounding the alarm: AI could wipe out up to 50% of entry-level white-collar jobs within the next five years. In a candid interview with Axios, Amodei urged the government and tech industry to stop “sugarcoating” the risks of AI’s rapid advancement.

Pennsylvania could soon become the next state to ban single-use plastic bags. Lawmakers are preparing legislation that would phase out plastic bags at checkout counters across the state. The move follows momentum from local bans already in place in 40 communities, covering 2.6 million residents and eliminating nearly 1 billion plastic bags per year.

Nashville Mayor Freddie O’Connell has come under fire after his office released the names of federal Immigration and Customs Enforcement (ICE) agents, a move critics say endangers law enforcement and aids criminal gangs.