
business-and-markets5 min read
Musk’s $470M Midterm Bet Backfires as Texas Flip Triggers $420B Market Cap Loss
4 hours ago•Source: Business Insider
View original sourceThe latest business and markets stories, each synthesized from multiple sources with added background and context.


President Trump has imposed new tariffs on foreign drones to boost U.S. manufacturing and national security. Large, sensitive drones face a 100% duty, while smaller models face 25%. The move has driven significant gains for domestic drone manufacturers.