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Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes...

Tesla CEO Elon Musk just confessed that he thinks his 13% ownership stake in the electric vehicle manufacturer leaves him vulnerable to activist shareholders who could move to oust him from the $1 trillion company. Still, he admitted he...

Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings

Tesla’s second quarter earnings signaled the company continues to go through a difficult patch, with both revenue and adjusted earnings per share missing the average Wall Street estimates. Revenue was $22.5 billion, down approximately 12% year over year, the sharpest...

House Dems dare GOP on Epstein files with bid to subpoena Justice Department

House Democrats launched a bid Wednesday to subpoena President Donald Trump’s Justice Department for files in the sex trafficking investigation into Jeffrey Epstein, goading GOP lawmakers to defy Trump and Republican leadership to support the action.Democrats on a subcommittee of the powerful...

The billionaires and CEOs panicking about Zohran Mamdani are wrong about Gen Z

Sebastian Leon Martinez had pounded the pavement for New York City mayoral candidate Zohran Mamdani from frigid 23-degree cold snaps in January to the 100-degree day in June when the young democratic socialist stunned the political establishment by winning...

Caution in the C-suite: How business leaders are navigating Trump 2.0

In the first months of Donald Trump’s second term as president, his policies – from sweeping tariffs and aggressive immigration enforcement to attacks on diversity, equity and inclusion – have thrown U.S. businesses into turmoil,...

AI-powered coding tool wiped out a software company’s database in ‘catastrophic failure’

A software engineer’s experiment with an AI-assisted “vibe coding” tool took a disastrous turn when an AI agent reportedly deleted a live company database during an active code freeze.Jason Lemkin, a tech entrepreneur and founder of the SaaS community...

Trump announces Philippine trade deal framework with 19% tariffs after meeting with President Marcos Jr.

President Donald Trump said he has reached a trade agreement with Philippine leader Ferdinand Marcos Jr., following a meeting Tuesday at the White House, that will see the U.S. slightly drop its tariff rate for the Philippines without paying import taxes for...

Financial Post

(Bloomberg) — German Chancellor Friedrich Merz is set to roll out the red carpet for French President Emmanuel Macron in Berlin Wednesday evening in an effort to project goodwill between the two leaders amid growing tensions. Read More Source link...

Tesla sales cratered in California for 7 straight quarters while rivals Toyota and Honda surge, report shows

Tesla’s dominance in California—the largest electric vehicle market in the U.S.—is waning. The $1 trillion company led by Elon Musk posted a seventh consecutive quarter of declines in new vehicle registrations even as major competitors like Toyota and Honda saw...
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Donald Trump: US President ‘deserves’ to have The Open at Turnberry, says Eric Trump

Darbon has acknowledged that UK government officials have also spoken with the R&A about the possibility of Turnberry hosting...
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