[ad_1] © Reuters. FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool…
Category: Business News
Sam Altman, Elon Musk in ‘game of one-upmanship’
[ad_1] A report this week that OpenAI CEO Sam Altman seeks to raise up to $7 trillion had many tech-industry observers scratching their heads. The amount easily exceeds the market…
Hungarian president Novak resigns over sex abuse case pardon By Reuters
[ad_1] © Reuters. Hungary’s President Katalin Novak delivers a national statement at the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates,…
What is the wealth gap between white and Black Americans
[ad_1] A strong performance in financial markets, particularly an outsize gain for the stock market in 2021, helped entrench existing trends of wealth inequality during the pandemic, new data released…
Elon Musk’s Neuralink reincorporates outside Delaware
[ad_1] Elon Musk’s brain implant company, Neuralink Corp., switched the location of its business incorporation to Nevada from Delaware, taking steps to cut ties to a state where Musk has suffered…
Jeff Bezos sells roughly $2 billion of Amazon shares By Reuters
[ad_1] © Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo (Reuters) – Amazon.com (NASDAQ:) founder…
Washington Wizards, Capitals move to Virginia passes hurdle in state legislature
[ad_1] Legislation underpinning a plan to relocate the NBA’s Washington Wizards and NHL’s Washington Capitals across the Potomac River to northern Virginia easily cleared an early hurdle in the state legislature Friday.…
S&P 500 finishes above 5,000 for first time
[ad_1] More gains for U.S. stocks on Friday sent Wall Street to its latest record, milestone and winning week. The S&P 500 rose 0.6% and finished a day above the…
Exclusive-Cisco to cut thousands of jobs as it seeks to focus on high growth areas -sources By Reuters
[ad_1] © Reuters. FILE PHOTO: A sign bearing the logo for communications and security tech giant Cisco Systems Inc is seen outside one of its offices in San Jose, California,…
Lunar Hard Seltzer’s founders quit their 6-figure jobs to start a multimillion-dollar brand selling out at Trader Joe’s
[ad_1] On the first day of the fall 2009 semester, dozens of University of Virginia students trickled into a lecture hall for a Calculus III course, dividing their focus between…