Luke Vargas

The government has signaled it would appeal an injunction.

And Elon Musk's SpaceX is expected to file paperwork with regulators for its highly anticipated IPO in the coming days, targeting a mid-June market debut.

We report that the rocket and satellite company is expected to raise between $40 and $80 billion, and that Musk aims to deliver a third or more of shares sold in the offering to individual investors well above the typical 10%.

SpaceX is also planning to give preferential treatment to investors in Musk's other companies, including Tesla, and to invite would-be investors to visit manufacturing facilities and possibly witness rocket launches.

Asian stocks have end of the day mixed.

European stocks are down in midday trading and U.S.

stocks are on pace for a lower open in spite of President Trump's move to extend a pause on strikes against Iran's energy sector.

And we've got a lot more coverage of the day's news on the WSJ's What's News podcast.

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

The Senate funds most of DHS, putting an end in sight to the chaos at airports.

Plus the Pentagon weighs sending 10,000 ground troops to the Middle East.

And struggling spirits makers gamble they could be stronger together.

It's Friday, March 27th.

I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today.

Senate Republicans and Democrats have agreed to fund most of the Department of Homeland Security, a step that could quickly tee up an end to the crisis at airports on the very day that airport security workers had been set to miss another paycheck.

Congressional reporter Siobhan Hughes is working the late shift on Capitol Hill.

Siobhan, sounds like we've got a deal here coming in just after 2 a.m.

Shaman, I know Democrats had wanted to use this funding holdup to secure reforms to immigration operations, making sure that officers wore body cameras as well as identification, that they took off their masks.

They also wanted agents to need judicial warrants before entering homes.

Did they get any of that?