Elon Musk often spoke of the hundreds of millions of dollars he spent on electing Republican candidates as a necessary expenditure to prevent the decline of Western culture and values. But his declaration Tuesday that he had “done enough” political spending — at least for now — was yet another sign that the world’s richest man is shifting away from his strong political advocacy and deep government involvement to return to his role as a tech evangelist for his businesses.

Brazilian airline Gol said on Tuesday its restructuring plan under Chapter 11 bankruptcy proceedings has been approved by a U.S. court.

Shares in Tesla Inc. recently traded nearly 2% higher, even as the benchmark S&P 500 index SPX dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and declared t...