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Musk Wants US to Pay Tab for His Satellite Network over Ukraine

WASHINGTON — The Defense Department has gotten a request from SpaceX and Tesla founder Elon Musk to take over funding for his satellite network that has provided crucial battlefield communications for Ukrainian military forces during the war with Russia, U.S. officials said Friday. The officials, who spoke on condition of...

U.S. Bank Gobbles Up Union Bank in $8B Buy

NEW YORK — Key financial regulators on Friday approved U.S. Bank's $8 billion acquisition of Japanese financial titan MUFG's Union Bank franchise, clearing big regulatory hurdles for a deal that will push U.S. Bank closer to the size of Wall Street’s mega banks. But in reaching those approvals, both the...

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