On May 27, CNBC reported that, according to a Tesla employee and others familiar with the…
Category: Finance News
US military fires missile into engine room of blockade runner after it ignored more than 20 warnings
The U.S. military stopped a merchant vessel trying to break through its blockade of Iranian ports by firing…
Oil bosses warn prices will soar within weeks as inventories near ‘really, really low levels’
The two biggest U.S. oil companies joined the growing chorus of voices sounding the alarm on…
Musicians said they were misled about ‘Great American State Fair’ and bailed. Trump is stepping in
An upcoming celebration of America’s 250th anniversary, “The Great American State Fair,” recently had several musical guests…
After judge orders Trump’s name scrubbed from Kennedy Center, president says it’s ‘probably never to open again’
In a lengthy post on his Truth Social platform, Trump fumed about the Friday decision from…
SoftBank plans up to €75 billion investment in French AI centers
SoftBank Group Corp. plans to invest as much as €75 billion ($87 billion) to build 5…
After Blue Origin rocket explosion, NASA’s entire moon exploration program depends on SpaceX for now
With a record-setting IPO in just a few weeks, SpaceX saw its rival in a contest…
More ships are quietly slipping through Strait of Hormuz as air power scares off Iran’s attack boats
The U.S. and Iran remain deadlocked on a deal to extend their ceasefire and reopen the…
Snowflake CEO Sridhar Ramaswamy says consumption-based pricing is here to stay
Sridhar Ramaswamy sees the major software players beginning to sort the AI winners from the losers.…
Business psychology professor: Being an authentic workplace leader is ‘overrated’
“Just be yourself” may be an oft-given piece of advice, but it won’t take you in…
Trump’s ICE surge cost 668,000 jobs, Brookings report says
The Trump administration’s immigration surge into US cities last year resulted in 668,000 job losses, creating…
As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8
When Mike Mayo, the long-time analyst at Wells Fargo Securities, reflects on the turnaround CEO Jane…
I worked with Steve Jobs at Apple, where every OS update killed startups. AI founders are about to face the same thing
Apple famously rendered scores of startups and third-party tools obsolete with nearly every OS update since…
Taylor Swift just exposed a blind spot in AI law — and it’s bigger than copyright
As one of the most popular celebrities in the world, Taylor Swift has already endured her…
Gen Z is rejecting $200 dates and choosing ‘solo-maxxing’—and dating apps are taking a hit
As Americans weather inflation, tariffs, and a rising cost of living, it feels as if there’s…
Arianna Huffington warns Gen Z that no one with an ‘interesting job’ can shut their laptop at 5 p.m.
Many Gen Z say they want a life outside of work. To firmly shut their laptops…
Surging Treasury yields show America has no margin for error on its $31 trillion debt
In the days before the Memorial Day weekend, rates on 30 year Treasury bonds hit their…
Top earners who stay in their jobs get much larger pay increases than those who switch
To stay or to go? That’s the perennial question for workers trying to maximize their pay…
What Ferrari’s widely mocked electric car tells us about the risks of innovation
It’s never a good sign when your former chairman explains that he has to bite his…
America finally crushed smoking—then defunded the playbook
The cigarette smoking rate among U.S. adults dropped to another all-time low last year, with 1…
‘Boy, what a team,’ says Trump as Queens native scores invite to see the New York Knicks
President Donald Trump is planning to get an up-close look at the hottest team in basketball. Trump…