Dan Schwartzman

Rocket and satellite maker SpaceX is considering a dual-class share structure in its planned IPO, which would give select shareholders stock with extra voting power, which would allow them to dominate decision-making.

The move would also allow insiders such as founder Elon Musk to maintain control of the company, even with a minority stake.

SpaceX is seeking to hold an IPO later this year in a deal that could raise as much as $50 billion to fund artificial intelligence data centers in space and a factory on the moon.

Despite Republican Senator Tom Tillis holding firm in his vow to block any vote for Fed chair until the Justice Department's probe into the Fed's renovation of its headquarters is completed, Treasury Secretary Scott Besson said he expects a hearing on former Fed Governor Kevin Warsh's nomination to lead the central bank to still take place.

Tillis, speaking of Bloomberg TV at the Munich Security Conference, says he isn't going to allow a vote to happen.

That's Republican Senator Tom Tillis speaking to Bloomberg TV at the Munich Security Conference.

Goldman Sachs' top lawyer Kathy Rumler is leaving her position on June 30th after a months-long saga over her previous association with Jeffrey Epstein.

In documents released by the Department of Justice, it was revealed that Rumler had accepted tens of thousands of dollars in gifts from Epstein and had used affectionate nicknames in their interactions.

Goldman Sachs CEO David Solomon continued to defend Rumler.

That's Goldman Sachs CEO David Solomon.

Another big name goes down due to the release of the Epstein files, as DP World Chief Executive Officer Sultan Ahmed bin Sulaim has resigned.

Bin Sulaim's relationship with Epstein was recently revealed, showing the two men exchanging intimate messages, contacts in both business and politics, as well as attempting to broker deals for one another.

As many await a Supreme Court ruling on President Trump's signature tariffs, the court has scheduled February 20th as its next opinion day.

A ruling against Trump would deliver his biggest legal defeat since beginning his second term.

According to federal government data, the tariffs are currently costing importers more than $16 billion every month.

The Trump administration is moving ahead with a $38.3 billion plan to remake the U.S.

immigration detention system known as the Detention Reengineering Initiative.

The plan calls for acquiring and renovating detention centers, adding processing sites, and taking control of existing facilities.

created an efficient detention network with an increase of 92,600 beds.

In the latest legal clash between the Trump administration and Harvard, the Justice Department has sued the Ivy League University for allegedly failing to hand over documents related to investigations into racial discrimination in admissions.