Elon Musk email says Tesla sent ‘incorrectly low’ severance packages to laid-off employees
In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.
Biden says Trump ‘doesn’t deserve to be the Commander in Chief for my son’
President Joe Biden is set to face Donald Trump in November in a rematch of their 2020 White House contest.
Google workers arrested after nine-hour protest in cloud chief’s office
Nine Google workers were arrested Tuesday after sit-in protests, including a nine-hour sit-in at Google Cloud CEO Thomas Kurian’s office in Sunnyvale.
Airline executives predict a record summer and even more demand for first class
Delta and United executives have forecast record demand this spring and summer with even more travelers booking in higher classes.
Voting machine company Smartmatic and OANN settle defamation suit
Several other defamation lawsuits by the company and Dominion Voting Systems against conservative news outlets and Trump allies continue, with one case scheduled to go to trial this fall.
Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
Boeing faces scrutiny in Senate hearings over aircraft safety and quality
A Boeing whistleblower testified in a hearing Wednesday about safety concerns related to two of the company’s aircraft.
Most doses of Eli Lilly’s Zepbound, Mounjaro in short supply through June, FDA says
The insatiable demand for weight loss and diabetes drugs is still trouncing supply, even as Eli Lilly and Novo Nordisk work to increase production capacity.
Amazon starts selling smart grocery carts to other retailers
The company has expanded Dash Carts in Fresh stores and Whole Foods locations as it has recently pulled back on its cashier-less checkout technology.
Biden administration releases formal proposal for new student loan forgiveness plan
The Biden administration released its new proposal to forgive student debt for millions of Americans. It hopes this plan will survive legal challenges.
