Business

Elon Musk, Net Worth of $255 Billion, Says He Doesn’t Own a Home and Bounces Between Friends’ Spare Rooms

Elon Musk seems to personify a different way of thinking, and a recent revelation about his living arrangements seems to underscore that.

Biggest Money Manager BlackRock Expects 75% of Company and Govt. Assets to Be Net Zero-Aligned by 2030

"Our clients' portfolios—which reflect the global economy—cannot reach net zero without sustained and consistent government policy, accelerated technological breakthroughs, and substantial adaptation in corporate business models," says BlackRock.

Musk Warns Twitter Board Salary Will Be ‘$0’ if He Takes Over: ‘So That’s ~$3M/Year Saved Right There’

As Elon Musk, CEO of SpaceX and Tesla, is seeking to buy Twitter, he announced that if his bid succeeds and he takes over ownership of the social media giant, board members will not be paid anything.

3 Blockbuster Revelations From the Latest Special Counsel Court Filings

New court filings in a Spygate case solve some long-running mysteries and hint at serious developments.

Situation in Russian Economy, Ruble’s Exchange Rate Stabilizing, Says Putin

The situation in the Russian economy is stabilizing, while the ruble’s exchange rate is returning to the levels of early February, President Vladimir Putin said at a meeting on economic issues on Monday.

Western ‘Economic Blitzkrieg’ on Russia Has Failed, Says Putin

The Russian economy has withstood the sanctions pressure, according to the president.

The Government Could Stop Inflation Within a Year. Instead, Expect Things to Get Worse

Know-nothing pundits and politicians have been communicating to Americans that inflation is, like the weather, a mystery they can’t control.

As Elon Musk Battles Twitter, Biden’s DOJ and SEC Reportedly Launching Probes Targeting Him

As Twitter desperately tries to fend off his hostile takeover bid, Elon Musk could be facing another potential battle with the federal government, with both the Securities And Exchange Commission (SEC) and the Department of Justice reportedly poised to launch an investigation targeting him.

Fox Business Reporter: SEC, DOJ Have Launched ‘Joint Investigation’ Into Elon Musk’s Tesla Amid Twitter Takeover Bid

Fox Business reporter Charles Gasparino said Thursday that as Elon Musk offered to buy Twitter, a legal source told his network that the Securities and Exchange Commission and the Department of Justice launched what he described as a "joint investigation" into a "myriad of Musk regulatory issues primarily involving Tesla."

Growing Defiance of China’s Coronavirus Restrictions Brings Wave of Arrests

Reuters on Friday noted the ostensible support of the Chinese public for draconian “zero-Covid” policies “seems to be wearing thin” amid “food shortages, family separations, lost wages, and economic pain.” Disobedience is on the rise, and so are arrests.

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