With $1 trillion pay package on the line, Elon Musk blasts influential firms telling shareholders to reject it: ‘Those guys are corporate terrorists’
Elon Musk stole the show in the final minutes of Tesla’s Wednesday earnings call to label the advisory firms pushing shareholders to reject his $1 trillion pay package “corporate terrorists.”After…
U.S. Senate hopeful Graham Platner says he’s covered up his tattoo after learning it was a Nazi symbol: ‘I wanted this thing off my body’
The first-time political candidate said he got the skull and crossbones tattoo in 2007, when he was in his 20s and in the Marine Corps. It happened during a night…
Former BLS chief warns Powell is ‘flying blind’ at a pivotal time for the Fed
The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no economic data available.The government shutdown has halted the release of…
AI’s insatiable need for power is driving an unexpected boom in oil-fracking company stocks
Oil prices are their lowest since the pandemic, revenues are falling, and profits are shrinking, but some frackers and oilfield players are suddenly thriving in the stock market as they…
Bank boss says Gen Z did ‘what society told them’—they got degrees and debt—but still no jobs: ‘This generation wasn’t built to withstand that level of rejection
He’s seen the issue up close up through City Pay it Forward, a UK program that helps high school and university students pursue careers in finance, and he concluded that…
The chaotic future of AI video is coming soon. Clickbait was just the start—’watchbait’ is coming
Five years ago, I predicted that 95% of internet content would be AI-generated by 2025. It’s hard to measure where we are exactly, but we’ll get close to that in…
Trump pardons Binance founder Changpeng Zhao 2 years after the crypto billionaire’s guilty plea
Following Zhao’s resignation as CEO, Binance installed Richard Teng, a former financial regulator in the U.A.E. and Singapore, to telegraph to authorities that the company had turned a new leaf…
AI boom is making your utility bills more expensive, says BofA, and they’re likely to keep going up
Silicon Valley may be pumping billions into the AI boom, but it seems consumers are inadvertently paying a share too. A note from the Bank of America Institute titled “AI…
White House pardons billionaire crypto exec Changpeng Zhao two years after Binance founder pleaded guilty in landmark DOJ investigation
Following Zhao’s resignation as CEO, Binance installed Richard Teng, a former financial regulator in the U.A.E. and Singapore, to telegraph to authorities that the company had turned a new leaf…
Former Whole Foods CEO says he didn’t want to sell to Amazon, but activists threatened to take over his board, fire him, and sell the company anyway
“I met with these guys,” Mackey said, recalling how they presented a PowerPoint filled with what he characterized as inaccuracies, then refused to provide him a copy to review. “They…
