Tesla CEO Elon Musk carries on his shoulders his son X Æ A-XII as he addresses employess during a visit at the company’s electric car plant in Gruenheide near Berlin. Odd Andersen | Afp | Getty Images Elon Musk on Wednesday visited the Tesla Gigafactory near Berlin, which was forced to halt production last week … Read more
Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho. David A. Grogan | CNBC JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David Faber has learned. Dimon gave the following statement on Iger to Faber: … Read more
Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley‘s Martijn Rats. His comments came as oil prices rose on Wednesday amid fears of potential supply disruption after Ukrainian drone attacks on Russian refineries, and hopes that the Federal Reserve may soon start cutting interest … Read more
Cybersecurity risks associated with Chinese-made cranes at the nation’s ports are not new, and recent White House action and hearings on Capitol Hill have escalated the claims about potentially serious national security vulnerabilities embedded in key infrastructure. But the Biden administration, lawmakers and ports management continue to differ in their views of the true nature … Read more
A major youth crime crackdown could come into effect in NSW after the state government revealed a proposed overhaul of NSW bail laws. The new laws would make it much harder for teenagers to be granted bail. The legislation would also criminalise boasting about offences on social media. Newsletters: Breaking news as it happens. Subscribe … Read more
Russian President Vladimir Putin making a speech at the second Eurasian Economic Forum on May 24, 2023, in Moscow, Russia. Contributor | Getty Images Russian President Vladimir Putin has given a wide-ranging interview to the Russian press a few days ahead of the presidential election, which will see Putin elected to another six years in … Read more
A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023. Frederic J. Brown | AFP | Getty Images Mortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared with … Read more
Brett Button, the bus driver accused of causing one of Australia’s deadliest crashes, says he is devastated by what happened. Button says there is not a day or night he doesn’t think about the families of those killed or injured in last year’s crash. WATCH THE VIDEO ABOVE: Driver in wedding bus crash that killed … Read more
Japan’s Canon Electronics shares fell as much as 12.7% on Wednesday after Tokyo-based Space One’s small rocket exploded just moments after its maiden launch. Reuters reported the solid-fueled Kairos rocket blew up just seconds after lifting off at 11:01 a.m. Japan time. If successful, Space One would have been Japan’s first company to put a … Read more
Close-up of a hand holding a cellphone displaying the Amazon Pharmacy system, Lafayette, California, September 15, 2021. Smith Collection | Gado | Getty Images Eli Lilly on Wednesday said Amazon Pharmacy will help send certain prescription drugs, including the red-hot weight loss treatment Zepbound, to patients’ homes through the drugmaker’s new direct-to-consumer program. Starting Wednesday, … Read more
