Palantir Technologies ( PLTR -4.63%) shares have been red hot for the past couple of years, but the stock was tumbling after ...

Creative destruction comes to the U.S. Pentagon.

Defense Secretary Pete Hegseth has told the Pentagon to find $50 billion in programs to cut this year, to redirect funds to ...

A senior Pentagon official said that money saved through the cuts could be “realigned” to other defense priorities that ...

The defense secretary has told senior leaders to prepare to trim 8 percent from the budget over each of the next five years, ...

Defense Secretary Pete Hegseth has directed senior Pentagon officials and military leaders to forge plans that would result ...

Defense Secretary Pete Hegseth said the funds will be pulled from 'so-called "climate change" and other woke programs.' ...

Democrats across the Capitol were outraged Thursday at news that Defense Secretary Pete Hegseth has ordered senior Pentagon ...

The department has more than 945,000 civilian employees. Defense Secretary Pete Hegseth has said 17 specific missions, such ...

Defense Secretary Pete Hegseth said Friday that he will immediately begin shifting billions of dollars away from nonlethal ...

Defense Secretary Pete Hegseth has directed the military services to identify $50 billion in programs that could be cut next ...

Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.