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Trump Halts Offshore Wind Projects on National Security Claims; States Sue Back
Trump administration halts offshore wind projects citing national security risks, spending $2.7 billion on lease buyouts. California and other states threaten lawsuits over the decision.
General Dynamics Wins $2B Canadian Armoured Vehicle Deal on July 16
Canada commits $2 billion to buy 190 armoured vehicles from General Dynamics Land Systems-Canada over four years, expanding the military fleet to 550 units and creating 6,000 jobs annually.
Canadian Wildfire Smoke Blankets US Through Saturday; Air Quality Hazardous
Canadian wildfire smoke creates hazardous air quality across 20+ US states. Chicago, Detroit, and Pittsburgh hit worst levels. Smoke clears Saturday as storms push pollution out.
Moonshot’s Kimi K3 Narrows AI Gap; Chinese Model Rivals US Frontier Systems
Moonshot AI’s Kimi K3 model with 2.8 trillion parameters rivals Anthropic’s Fable 5 and OpenAI’s GPT 5.5, marking a major shift in the US-China AI race and triggering sharp selloffs in tech stocks.
Hitachi (TYO: 6501) and Eve (NYSE: EVEX) Partner to Build Charging Infrastructure for eVTOL Flying Cars
On 17 July 2026, Hitachi Energy and Eve Air Mobility (NYSE: EVEX) announced a partnership to develop charging infrastructure for electric vertical take-off and landing (eVTOL) aircraft. The agreement focuses on one of the biggest challenges facing the flying car industry: building reliable power systems that can support commercial operations. As urban air mobility moves…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
Starship 13th Flight Test Set for Launch Next Week; 90-Minute Window Opens at 5:45 p.m. CT
Starship’s 13th flight test is now targeting a new launch window next week. SpaceX aborted Thursday’s attempt at the last second on July 16, 2026. Four engines on Super Heavy Booster 20 failed to ignite as planned. Elon Musk confirmed Friday that two Raptor engines will be removed and replaced. He said the “most probable…
Hyundai Motor (KRX: 005380) Takes Full Control of Boston Dynamics in Deal Valued at About $325 Million
On July 16, 2026, Hyundai Motor Group announced that it will buy SoftBank’s remaining stake in Boston Dynamics for about $325 million, giving it full ownership of the robotics company. The deal reflects Hyundai’s continued investment in artificial intelligence, humanoid robots, and smart manufacturing. As more companies compete to develop advanced robotics, Hyundai is expanding…
Nvidia (NASDAQ: NVDA) Partners With Fanuc and Yaskawa to Accelerate AI-Powered Robotics Development
Nvidia confirmed Thursday, July 16, 2026, that it’s partnering with Japanese robotics giants Fanuc and Yaskawa Electric to accelerate AI-powered robotics development. CEO Jensen Huang announced at a media event in Tokyo, framing physical AI as the technology’s next major frontier. The move expands Nvidia’s Cosmos Coalition, a growing alliance built around its robotics software…