Amid a Defense and Aerospace Boom, Demand for Industrial Real Estate Soars

In Huntington Beach, Calif., Mach Industries, which has a contract with the Army, makes weapons in a 150,000-square-foot warehouse. One afternoon last fall, the company’s headquarters were humming along, with 3-D printers spitting out the parts for drones, as speakers blasted Led Zeppelin. By mid-2025, Mach aims to produce thousands of drones a month. Its … Read more

How a Crypto Craze Swept An Argentine Town

At a backyard barbecue in San Pedro, Argentina, last May, Rafael Flaiman spotted a friend wearing a light blue blazer that looked a little too snazzy for the occasion. He needled the guy a bit. What’s with the jacket? Mr. Flaiman asked. “La China pays,” the friend replied, with a triumphant smile. La China? Mr. … Read more

Mining Company Seeks Trump Support to Shortcut Access to Seabed Metals

The long-running battle over whether to allow Pacific Ocean seabed mining took an unexpected turn Thursday when a company disclosed it had been confidentially negotiating a plan with the Trump administration to circumvent a United Nations treaty and perhaps obtain authorization from the United States to start mining in international waters. The proposal, which drew … Read more

CoreWeave Scales Back Ambition for Its I.P.O.

When CoreWeave, the cloud computing company vying to become the first major artificial intelligence start-up to go public, filed paperwork for a public listing earlier this month, it was a mark of optimism in an otherwise rocky market for I.P.O.s. But now that optimism has faded as the New Jersey-based CoreWeave significantly reduced the size … Read more