Tesla Investors Seek Relief From 'Outlandish' $7.2B Legal Fees In Musk Pay Deal
Tesla investors are seeking relief from the $7 billion in legal fees requested by group who blocked Elon Musk's pay package.
Chinese Government Officially Welcomes Tesla; Musk's Car Now Included In Purchase List
The inclusion of Tesla on the list means that government agencies and public groups can purchase the cars and use them as service vehicles.
Biden Camp To Launch $50M Ad Campaign In Battleground States
Biden, along with Vice President Kamala Harris, first lady Jill Biden and also first gentleman Doug Emhoff will be traveling to battleground states for the month of July.
Major Retailers Reverting To Human Cashiers After Noticeable Inventory Loss
Major retailers are eliminating self-checkout counters due to noticeable inventory loss.
GM To Pay $146M In Penalties Due To Non-Compliance Of Old Vehicles On Emission Standards
The National Highway Traffic Safety Administration revealed that several of the carmaker's vehicles from 2012 to 2018 did not comply with federal fuel economy requirements.
Trump's Camp Makes Pre-emptive Strike On Kamala Harris Amid Growing Talks Of Biden Replacement
The camp of Donald Trump has intensified attacks on Kamala Harris amid growing talks among some Dems that she will replace Joe Biden.
July 4th Brings Gas Prices Lower And There's Room To Stretch That Savings Further
July 4th brings lower gas prices but there are still things that can be done to maximize that dollar.
China Leads Patent Race For Generative AI, UN Report Reveals
Between 2014 and 2023, China filed more than 38,000 generative AI inventions. The U.S., over the same period, filed only 6,276.
Trump Leads Biden In Poll Following Debate
After the debate, most Republicans expressed a strong desire to vote in the coming elections. Independents are still contested, but Trump is already inching closer to gaining their support by November.
US Faces Lowest Home Affordability Since 2007
U.S. home affordability has hit its lowest point as compared to its average for the past 17 years.
Boeing's Search For New CEO Draws Eyes Toward Spirit Aero's Current Chief
Boeing has announced that it will be buying back Spirit AeroSystems, one of the company's struggling suppliers. This move has led investors to speculate on who will be the next CEO of the planemaker.
Biden Administration Kicks Off Computer-Chip Workforce Program To Fight Labor Shortage
The Biden administration launched a computer-chip workforce program that is designed to help fight off foreseeable labor shortages in the U.S.
Biden Campaign Raised $264 Million In Second Quarter To Calm Post-Debate Anxiety
The campaign of President Joe Biden raised $264 million in the second quarter to help assuage anxiety among Democrats over Biden's dismal debate performance against Donald Trump.
AI-Focused Companies Witnessed Capitalization Leap By The End Of June
Chipmakers, in particular, have benefited from the AI-centric market. One of those chipmakers is Nvidia, which briefly overtook Microsoft to become the most valuable company in the world.
Former Trump Strategist Steve Bannon To Start Prison Sentence Soon
Steve Bannon will be starting his four-month prison sentence soon.
Tesla To Faces A Drop In Deliveries For Second Straight Quarter
Tesla is set to face another decline in deliveries as it ends the month of June with poor performance.
HSBC Economist Warns Of Commodity Market Risks Under Potential Trump Presidency
While commodity markets must contend with high prices driven by constraints in the supply structure, they still have to face geopolitical tensions, according to the economist.
Trump Media Shares Rise In Pre-market Trading Following Biden's Poor Debate Performance
Trump Media Shares increased in pre-market, then nosedived following the poor performance of President Joe Biden during Thursday's presidential debate.
US FAA To Adopt New Airworthiness Directive For 13 Boeing 757-200 Airplanes
According to the FAA, there was a high stress concentration in the access panel of the lavatory service panel, the stringer 22 attachment, and the fuselage skin, all of which resulted in "fatigue cracking."
Tech Industry Wary Of Federal Data Privacy Law Pushed By Bipartisan Congress
The American Privacy Rights Act will set a standard for national data privacy, allowing individuals to request access to data held by companies and even have their data deleted.
Biden Administration Awards $1.8 Billion In Grants For Infrastructure Projects
The Biden administration has awarded $1.8 billion in grants for infrastructure projects across the U.S.
Walmart Announces Sale To Rival Amazon's Prime Day
The press release from Walmart stated that the upcoming sale will be the largest one held by the retail chain, with expected discounts on toys, electronics, and more as the back-to-school season approaches.
Snapchat Implements More Safety Tools To Protect Teens From 'Sextortion'
Snapchat is set to integrate more safety features that would better protect teenagers from sextortion.
SCOTUS Upholds Law Barring Gun Ownership For Domestic Abusers
The decision comes amid a turbulent political debate concerning firearms, creating a challenging environment for passing new gun laws. State and federal laws prohibiting gun ownership have faced increasing scrutiny from the courts.
FAA Launches Probe Into Low-flying Southwest Airline Plane Over Oklahoma
The FAA is investigating a Southwest Airline flight that descended into a dangerously low altitude over Oklahoma.
New Mexico Wildfire Records Second Death And Shows No Signs Of Weakening
Second death recorded from the devastating New Mexico wildfires that ravaged thousands of acres of land.
Supreme Court Upholds Trump Tax On Overseas Investment
The Supreme Court voted 7-2, with the majority justices upholding the tax's validity. Justice Brett Kavanaugh wrote the deciding opinion for the majority, and Justice Clarence Thomas wrote his dissent.
American Airlines Sued By Black Passengers For Deboarding Due To 'Odor'
American Airlines promised to rebuild trust in the company after Black passengers who were removed from a flight filed a lawsuit.
J&J Faces New Class Action Suit Seeking Damages And Medical Monitoring For Cancer
Johnson & Johnson is facing another class action suit that seeks medical monitoring for cancer patients resulting from talc use.
Democrats Push Biden To Halt Military Sale To Israel For Leverage In Gaza Conflict
The proposed sale, which includes air-to-air missiles, approximately 50 F-15 fighter jets, and Joint Direct Attack Munition kits, has proceeded despite reservations from top Democrats on foreign affairs committees.