Future of Elon Musk and Tesla are on the line as shareholders vote on massive pay package
If Tesla shareholders approve an all-stock compensation package for CEO Elon Musk that was thrown out by a Delaware judge, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles.
The Latest: Italy hosts the Group of Seven summit with global conflicts on the agenda
Italy is hosting the summit of the Group of Seven industrialized nations in the wake of the European Parliament election that saw a surge in support for the far right in places like G7 members France and Germany.
Argentina's Senate accepted President Milei's radical overhaul. Now things get complicated
Argentina’s Senate began what’s likely to be an all-night voting marathon on the details of President Javier Milei’s sweeping proposals to slash spending and boost his own powers after giving the plan overall approval in a narrow vote.
Senate confirms new energy regulators, extending Biden's grip on panel that backs renewable energy
President Joe Biden’s grip on a key federal energy commission will last beyond his first term, giving a boost to the Democrat’s push for renewable energy regardless of the election results in November.
Fired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon Musk
Eight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them fired after they challenged what they called rampant sexual harassment, a hostile “Animal House”-style work environment at the company and Musk's role in creating that atmosphere.
US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit where top priorities will be boosting support for Ukraine and grinding down Russia’s war machine.
The European Union threatens to hike tariffs on Chinese electric car imports, escalating trade spat
The European Union has threatened to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers.
American investor Martin Shkreli accused of copying and sharing one-of-a-kind Wu-Tang Clan album
American investor Martin Shkreli is facing a new lawsuit for allegedly retaining and sharing recordings from a one-of-a-kind Wu-Tang Clan album that he was forced to sell following his 2017 conviction on fraud charges.
Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at a level well above their 2% target, they are downgrading their outlook for interest rate cuts.
Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison
A panel of federal judges spent two hours on Tuesday wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom.
Future of Elon Musk and Tesla are on the line this week as shareholders vote on massive pay package
If Tesla shareholders vote against restoring Elon Musk’s $44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of this other companies.
Watchdog investigates UAW president Shawn Fain, accuses union of being uncooperative
United Auto Workers president Shawn Fain is under investigation by a court-appointed watchdog who has been working to stamp out corruption at the union in wake of its stunning bribery and embezzlement scandal several years ago.
Community health centers' new crisis: The need for backup power
The humanitarian organization Direct Relief is helping community health centers across the United States install rooftop solar and battery storage systems as they confront more frequent power outages from extreme weather and fickle grid systems.
With 100M birds dead, poultry industry could serve as example as dairy farmers confront bird flu
As the U.S. dairy industry confronts an outbreak of bird flu, the egg industry serves as an example of how to slow the spread of the disease but also how difficult it can be to completely eradicate the problem.
Fight over constitutional provisions to guard against oil, gas pollution moves ahead in New Mexico
A New Mexico judge has cleared the way for a landmark lawsuit to proceed over allegations that the state has failed to meet its constitutional obligations for protecting against oil and gas pollution.
Supreme Court will take up Meta's bid to end lawsuit over Cambridge Analytica privacy scandal
The Supreme Court has agreed to consider shutting down a multibillion-dollar class action investors’ lawsuit against Facebook parent Meta stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
Coffee, sculptures and financial advice. Banks try to make new branches less intimidating
After years of closing or mostly neglecting physical bank branches across the U.S., the nation’s largest banks are spending hundreds of millions of dollars on refurbishing old locations or building new ones, and in the process changing the look, feel and purpose of the local bank branch.
Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders
Apple’s annual World Wide Developers Conference on Monday is expected to herald the company’s move into generative artificial intelligence, marking its late arrival to a technological frontier that’s expected to be as revolutionary as the invention of the iPhone.
Massive chunk of Wyoming's Teton Pass crumbles; unclear how quickly the road can be rebuilt
A massive chunk of the meandering Teton Pass has collapsed, leaving a gaping dirt gash along the mountain pass that is a critical link between small eastern Idaho towns and the tourist destination of Jackson, Wyoming.
A real nut case: Cold Stone Creamery faces suit over lack of real pistachios in pistachio ice cream
A federal judge in New York has given the go-ahead to a New York woman’s class action lawsuit which claims consumers are being duped by Cold Stone Creamery when they purchase certain flavors that “do not contain their represented ingredients.”.
Real-world mileage standard for new vehicles rising to 38 mpg in 2031 under new Biden rule
New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by the Biden administration.
Is the US job market beginning to weaken? Friday's employment report may provide hints
Tentative signs have begun to emerge that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve’s inflation fighters: Companies are posting fewer available jobs, consumer spending has slipped and wage growth, while still healthy, is gradually slowing.
Britch tech magnate Mike Lynch acquitted of fraud in $11 billion deal with Hewlett Packard
British tech magnate Mike Lynch has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard.