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Ontario Secures 640 MW Battery Storage at Record-Low Cost, June 13
Ontario secures 640 MW battery storage at lowest cost in history. Three projects will power 640,000 homes by May 2030.
Gordie Howe Bridge Opening Delayed as Lutnick Leads Negotiations, June 13
Gordie Howe Bridge opening delayed as Trump officials intervene on toll revenue and deal terms with Canada.
Elon Musk Hits $1.1 Trillion Net Worth as SpaceX IPO Soars 19%, June 13
SpaceX IPO soars 19% to $161 on record $75B debut. Elon Musk becomes world’s first trillionaire with $1.1 trillion net worth as SPCX trading begins.
Bank of Canada Holds Rates at 2.25%, Warns of Inflation Risk, June 13
Bank of Canada holds policy rate at 2.25% amid weak growth and rising inflation concerns.
Goldman Sachs Rises 2.6% on AI Boom, SpaceX IPO Signals Market Strength
Goldman Sachs stock rises 2.6% as SpaceX’s record $75B IPO and AI infrastructure boom boost investment banking fees and capital markets activity.
Ibaraki Mayor Loses Job After Second No-Confidence Vote, June 13
Ishioka mayor loses job after second no-confidence vote. Special election June 21 amid governance crisis over 80 billion yen cultural facility plan.
SpaceX IPO Soars 19% on Record $75B Debut, Musk Hits Trillionaire Status
SpaceX IPO raises record $75B, stock closes at $161 up 19%. Company valued at $2.1 trillion. Elon Musk becomes world’s first trillionaire.
SpaceX IPO Soars 19% to $161; Leveraged ETF Launch Delayed to Monday, June 13
SpaceX stock surges 19% to $161 on IPO debut Friday. Leveraged ETFs pushed to Monday over SEC concerns. Company valued at $2.1 trillion.
Bank of Japan Raises Rates to 1%, Highest Level Since 1995, June 13
Bank of Japan raises policy rate to 1.0% on June 16—highest since 1995—amid inflation pressures from energy crisis and global monetary tightening.