Despite numerous delays and mounting competition from Ford, Stellantis, and the Chinese, the GM board decided to take $6 billion and pump its share price instead of investing in the company’s future. A few short weeks after labor negotiations led to a six-week UAW strike at GM plants, GM board members approved a $10 billion
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Ukrainian forces have struck a military airfield in Russia, targeting warplanes and glide-bomb facilities used to launch deadly attacks against Ukraine, a security source has revealed. The source said the operation on Thursday night was part of a “sustained campaign to degrade the Russian Air Force” just as Ukraine has done with Russia’s Black Sea
Eli Lederman, ESPNJun 14, 2024, 01:08 PM ET Open Extended Reactions Sherrone Moore’s inaugural recruiting class at Michigan gained its highest-ranked commit Friday when four-star safety Kainoa Winston, No. 42 in the 2025 ESPN 300, announced his pledge to the Wolverines. Winston, who plays for Washington, D.C., power Gonzaga College High School, took an official
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images Microsoft will no longer ship Recall, an artificial intelligence tool that tracks user activity, when the company releases
As ever with Vladimir Putin, timing is everything. It’s no coincidence his latest speech was made on the eve of the Ukraine peace summit in Switzerland. Russia won’t be there as it hasn’t been invited. So this was about putting Moscow’s side across first and undermining the summit’s legitimacy before it has even begun. Putin
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT This illustration image created on June 12, 2024 in Los Angeles, shows South African businessman Elon Musk’s campaign launched on X ahead of Tesla shareholders meeting in front of his picture on a screen. Electric vehicle company Tesla kept up the campaign to win last-minute
Jaguar Land Rover is to invest more than £1m to help police tackle car thefts in the UK as part of ongoing efforts to reassure its luxury vehicle owners. The cash will be used to support police operations in hotspots, as well as fund intelligence gathering and target ports used by criminal gangs to smuggle
Golf carts are no longer just for cruising the country club. In fact, these days, they’re more commonly found zipping through neighborhood streets or joy-riding around beach communities. These smaller, more efficient alternatives to traditional cars might just be a good choice for your ‘second car’, believe it or not. Thanks to US golf cart
Aerial view of Olmeca oil refinery belonging to the Petroleos Mexicanos (PEMEX) company, located in Paraiso, Tabasco state, Mexico, May 20, 2024. Yuri Cortez | Afp | Getty Images Crude oil futures held steady Thursday after the latest round of economic data indicated that inflation is easing in the U.S., potentially opening a path for
Tesla shareholders have approved Elon Musk’s $56bn (£44bn) pay package. The proposal passed despite opposition from some large institutional investors and proxy firms. Onstage at the annual shareholder meeting in Austin, Texas, the billionaire described himself as “pathologically optimistic”. “If I wasn’t optimistic this wouldn’t exist, this factory wouldn’t exist,” Musk said to resounding applause.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT 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
Join us for our coverage of Tesla’s 2024 annual shareholders meeting, also called ‘Cyber Roundup’. We will know the full results of the shareholder votes and there are likely going to be a few announcements coming out of the event. Obviously, CEO Elon Musk already killed the suspense by revealing that proposals 4 and 5,
Former U.S. President Donald Trump speaks at a dinner at Mar-a-Lago on June 5, 2024 in West Palm Beach, Florida. Now that his criminal trial in New York has wrapped up, the former president has scheduled a number of fundraising events around the country to aid his presidential bid. (Photo by Eva Marie Uzcategui/Getty Images)
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares jumped 15% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates. Here’s how the company did in comparison with LSEG consensus:
Americans will still be able to buy an abortion pill after the US Supreme Court threw out a bid by campaign groups to restrict access to it. The decision was made by the same court that two years ago overturned Roe v Wade – which had previously given women rights to terminate a pregnancy. The
With Tesla’s shareholder meeting still hours away, Tesla CEO Elon Musk shared charts suggesting that shareholders have approved two controversial ballot measures With Tesla’s shareholder meeting coming tomorrow, Tesla has been spending the last several weeks campaigning hard to get shareholders to vote. There are multiple shareholder proposals on the ballot, along with votes to
Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric vehicle makers mostly surged on Thursday morning after the European Union announced higher tariffs of up
Elon Musk has claimed a “wide margin” of support among Tesla shareholders for a $56bn pay package due to him but which was blocked by a court. A new shareholder vote was ordered after a judge in Delaware ruled in January that the 2018 awards had effectively been controlled by the billionaire, as the board
After introducing new incentives, the Honda Prologue EV is now cheaper to lease than Tesla’s Model Y. Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. Can it compete with Tesla’s best-selling Model Y? After kicking off production of its first global electric SUV in February, the
U.S. crude oil rose more than 1% Wednesday, extending this week’s rally as OPEC and the Department of Energy see steady demand this year. The Department of Energy raised its global consumption growth forecast to 1.1 million barrels per day, up from 900,000 bpd previously. The increased demand implies a supply deficit with world production