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BERKELEY, Calif. (Reuters) – Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission (SEC). The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on… Source link

Over 5 decades ago, police raided the Stonewall Inn, a gay club in New York City Greenwich Village. The events that followed fueled the modern lesbian, gay, bisexual, trans (LGBTQ+) rights moment. And as the Big Apple was walloped last year by the COVID-19 pandemic, the historic club — like many other small business and cultural mainstays in the city — found itself in dire financial straits. Currently, New York City is in the midst of a revival, and celebrating Pride Month. Yet back in… Source link

For a few hours Thursday, banned runner Shelby Houlihan still had a shot at making the Olympic team. Despite her ban, Houlihan was initially set to run in both the 1,500 and 5,000 meters events at the Olympics trials Friday. That’s not going to happen anymore. U.S. Olympics stepped in and said it would uphold any ruling upheld by the Court of Arbitration for Sport, according to USA Today. In a statement provided to USA TODAY Sports, USOPC chief executive officer Sarah Hirshland said the USOPC,… Source link

TORREY PINES, Calif. — Let’s start with the hat — black, with a swan on it. “This is just my golf club back home,” Richard Bland said. “I don’t have a hat kind of deal at the minute. So if anyone is offering …” The guy co-leading the U.S. Open (along with Russell Henley) doesn’t have a hat deal. And that’s just the start of it. If you’re wondering who the hell Richard Bland is, well, join the club. He’s not some newcomer. He’s a 48-year-old Englishman. He played his… Source link

Google may be working on turning Android phones into a hivemind capable of finding lost devices, similar to Apple’s Find My network, according to analysis done by 9to5Google. A toggle for the feature showed up in a beta of Google Play Services, with code referencing the ability for phones to help locate other devices, potentially signaling that Android phones could soon become easier to find. According to Google’s support page, the current Find My Device system can only find phones… Source link

(Bloomberg) — Nvidia Corp. notched a small decline after touching an all-time high Friday amid growing anticipation about whether the chipmaker will win regulatory approval for its proposed acquisition of Arm Ltd. The stock rose as much as 3.9% before erasing the gains to close down 0.1%. So far in June, the stock is up more than 14%, putting it on track for its biggest one-month gain since August. The month’s advance started after Nvidia Chief Executive Officer Jensen Huang said he remains… Source link

(Bloomberg) — The latest steep selloff in commodities markets is a buying opportunity, according to Jeff Currie at Goldman Sachs Group Inc., one of the sector’s biggest bulls. The Bloomberg Commodity Spot Index slumped 3.6% Thursday for its biggest one-day drop in almost 14 months, with soybeans and platinum giving up their gains for the year. The complex has been hit by several bearish factors: the Federal Reserve’s signals on potential interest-rate increases, plus a stronger dollar,… Source link

Former President Donald Trump endorsed the primary opponent of Republican Sen. Lisa Murkowski on Friday, months after the Alaska moderate voted to convict him on a charge of incitement of insurrection. “Lisa Murkowski is bad for Alaska,” Trump said in a statement. He cited Murkowski’s vote to approve President Biden’s choice for interior secretary, Deb Haaland, who was later confirmed, as the reason for his decision, stating that Murkowski’s approval was tantamount to voting to kill… Source link

As lawmakers offer dueling infrastructure proposals in an effort to get a bipartisan bill across the finish line, New Mexico Senator Martin Heinrich (D) is looking to a different option: pushing forward with the president’s climate priorities, through budget reconciliation. In an interview with Yahoo Finance Live, Heinrich said the infrastructure package and climate initiatives will likely “move in parallel” given the lack of Republican support for a broader $2 trillion proposal, focused… Source link

Bitcoin declined about 5% over the past 24-hours as the price broke below $36,000 support. The world’s largest cryptocurrency by market capitalization is still up about 23% year-to-date, although some traders are concerned about the looming ‘death cross,’ which could indicate a shift from a bullish to bearish price trend. The death-cross is defined by a cross of the 50-day moving average below the 200-day moving average, which could occur over the weekend. Still, some analysts remain… Source link