Key TakeawaysIran officially rejects ceasefire proposals, labeling US diplomatic efforts "illogical" and vowing to continue military action until strategic goals are met.SpaceX prepares for a historic IPO filing as early as this week, targeting a $1.75 trillion valuation and a capital raise exceeding $75 billion.Gold marks its longest losing streak on record, falling for 10 consecutive days as high interest rates offset traditional safe-haven demand.The US Department of Defense moves to a "wartime footing," ...

Pentagon says it will ramp up war supplies with defense companies | Reuters Skip to main content Sign up here. BAE Systems and Lockheed Martin will also quadruple production of seekers for the Terminal High Altitude Area Defense (THAAD) interceptor, while a new framework agreement with Lockheed will accelerate production of its Precision Strike Missile, the Pentagon added. The announcements come more than three weeks after U.S. President Donald Trump and Israel launched a war on Iran. Reporting by Susan Hea ...