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Tesla CEO Elon Musk is pictured during a visit at the company’s electric car plant in Gruenheide near Berlin, eastern Germany, on March 13, 2024, as employees resumed work after production had to be halted due to a suspected arson attack that caused a power outage.  Sebastian Gollnow | Getty Images Tesla’s annual meeting on

Tesla shareholders on Thursday voted to ratify CEO Elon Musk’s mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. At Tesla’s annual meeting in Austin, Texas, the vote in support of the compensation plan, doesn’t override the

Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024.  Ferley Ospina | Bloomberg | Getty Images There’s pricing pressure taking hold of a specific corner of global agriculture — and it’s bittersweet. Prices of cocoa have more than tripled over the

As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York, and Nantucket, Massachusetts, some of the nation’s priciest coastal real estate is in an increasingly precarious position due to climate change. This year’s hurricane season is already underway,

White House senior advisor Jared Kushner (C) sits alongside U.S. President Donald Trump (L) and Commerce Secretary Wilbur Ross (2nd L) as they prepare to meet with Saudi Arabia’s King Salman bin Abdulaziz Al Saud and the Saudi delegation at the Royal Court in Riyadh, Saudi Arabia May 20, 2017. Jonathan Ernst | Reuters In

U.S. Treasury yields fell again on Friday as data released this week pointed to easing inflation. The 10-year Treasury yield was trading around 4.211%, down nearly 3 basis points. The 2-year Treasury note yield was marginally higher at 4.692%. Yields and prices move in opposite directions and one basis point is equivalent to 0.01%. The

A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The entire value of the S&P 500 currently stands at

A mass simulator version of a New Glenn rocket is moved for testing in November 2021. Blue Origin The Pentagon announced the first winning bidders in its rocket launch contract sweepstakes on Thursday, with Jeff Bezos‘ Blue Origin grabbing a spot for the first time. Blue Origin’s winning bid came as part of contracts awarded

U.S. Treasury yields slipped once again on Thursday after the latest inflation data showed an unexpected drop. The rate on the 10-year Treasury slid nearly 2 basis points to 4.279%. The benchmark note yield also hit its lowest level since April 1, briefly trading at 4.24% The 2-year Treasury yield also fell nearly 5 basis

Aerial view of a fire during a protest outside the National Congress in Buenos Aires on June 12, 2024.  Tomas Cuesta | Afp | Getty Images Argentina’s Senate narrowly passed President Javier Milei’s sweeping economic reform bill, delivering a tentative legislative victory to the right-wing leader even as protesters clashed with riot police. Lawmakers in

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting that concluded May 1. Text removed from the prior statement is in red with a horizontal line through the middle. Text appearing for the first time in the June statement is in red and underlined. Black text appears in

Customers purchase gas at a station on June 11, 2024 in Chicago, Illinois.  Scott Olson | Getty Images Inflation fell slightly in May, as positive trends like lower gasoline prices were counteracted by others like stubbornly high costs for housing. Trends under the surface suggest the fight against inflation continues to bear fruit, albeit slowly,

Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations. Here’s how the company did compared with LSEG consensus: Earnings per share: $1.63 adjusted vs. $1.65 expected Revenue: $14.29 billion, vs. $14.55

Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden walk outside the federal court as his trial on criminal gun charges continues, in Wilmington, Delaware, U.S., June 11, 2024.  Hannah Beier | Reuters (This story is developing and will be updated throughout the day.) Jurors in the criminal gun trial

Apple Intelligence introduced during Apple’s WWDC2024 in Cupertino, California, on June 10, 2024. Source: Apple Inc. Apple finally dove headfirst into artificial intelligence on Monday with its announcement of Apple Intelligence. But to run it on your iPhone, you might need an upgrade. Apple’s website says Apple Intelligence, the company’s take on generative AI, is

Former U.S. President Donald Trump departs the courtroom after being found guilty on all 34 counts in his hush money trial at Manhattan Criminal Court on May 30, 2024 in New York City.  Justin Lane | Getty Images Donald Trump was interviewed Monday by a New York probation officer who will submit a report that