Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk’s SpaceX has fired employees who took part in writing and sharing an open letter criticizing the billionaire chief executive of the rocket company, according to multiple news reports, amid a string of allegations and public rebukes against Musk as scrutiny intensifies over his efforts to buy…
© Reuters. Workers of the Las Bambas mine take part in a protest against the suspension of the mine, in Lima, Peru, June 2, 2022. REUTERS/Sebastian Castaneda LIMA (Reuters) – Peru’s economic growth will likely be slightly lower this year, according to a new central bank forecast on Friday following disruptions to major mining projects…
© Reuters. U.S. President Joe Biden speaks to the media as he arrives in Newcastle, Delaware, U.S., March 26, 2021. REUTERS/Joshua Roberts/Files REHOBOTH BEACH, Delaware (Reuters) – President Joe Biden said on Saturday he was in the process of making up his mind on easing U.S. tariffs on China and planned to speak with Chinese…
© Reuters. FILE PHOTO: German Finance Minister Christian Lindner speaks during a session of German lower house of parliament, Bundestag, in Berlin, Germany May 31, 2022. REUTERS/Hannibal Hanschke BERLIN (Reuters) – Finance Minister Christian Lindner warned that interest charges on Germany’s public debt could reach 30 billion euros next year due to rising interest rates…
There’s probably nothing more stress-inducing for Americans right now than going to the gas station. For those who have invested in electric vehicles already, the sting of inflation-driven fuel costs is not a problem (although EV owners certainly have some other issues). But many feeling the crunch are looking to electric vehicles as a potential…
Share to FacebookShare to TwitterShare to Linkedin Tesla Technoking Elon Musk NurPhoto via Getty Images Shares of Tesla fell nearly 9% Thursday amid a negative news cycle that didn’t have anything to do with the electric vehicle maker’s outspoken chief opening his mouth. The fortune of the world’s richest person, Tesla’s Technoking Elon Musk, shrunk…
Share to FacebookShare to TwitterShare to LinkedinTopline An open letter was reportedly posted in an employee chat channel at SpaceX on Wednesday that flames CEO Elon Musk for recent behavior that it describes as a “distraction” and an “embarrassment,” and calls for the company to “hold all leadership equally accountable.” Billionaire entrepreneur and founder of…
2/2 © Reuters. FILE PHOTO: Flags fly outside 85 Broad St., the Goldman Sachs headquarters in New York’s financial district, January 20, 2010. REUTERS/Brendan McDermid 2/2 By Caroline Valetkevitch NEW YORK (Reuters) – BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S.…
2/2 © Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland February 22, 2022. Picture taken February 22, 2022. REUTERS/Arnd Wiegmann/ 2/2 LONDON (Reuters) – Scandal-hit lender Credit Suisse has opted to tap investors for a pricier dollar bond in order to repay a $1.5 billion…
© Bloomberg. An employee at the Khurais Processing Department in the Khurais oil field in Khurais, Saudi Arabia, on Monday, June 28, 2021. The Khurais oil field was built as a fully connected and intelligent field, with thousands of sensors covering oil wells spread over 150km x 40km in order to increase the efficiency of…
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