(Bloomberg) — Elon Musk has lost $50 billion so far this week after Tesla Inc. shares plunged for the second day in a row. Most Read from Bloomberg It’s the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezos’s $36 billion plunge following his divorce from MacKenzie Scott in 2019. Tesla’s rout comes amid a tumultuous few days for the automaker. It started when Musk asked his Twitter followers over the weekend whether… Source link
Read More »‘Overwhelmed’ teachers lead Virginia Beach City to end certain school days early
One Virginia school district has made select Wednesdays shorter for students as teacher burnout through the coronavirus pandemic drags on. The district’s superintendent said the move was to give teachers more time amid a historic shortage of educators. “Our teachers are just tired — they’re tired and they’re overwhelmed and dealing with a lot of the mental health issues that I think many folks are dealing with as a result of the pandemic,” Aaron Spence, superintendent of the Virginia… Source link
Read More »Brighter days, thanks to the unsinkable US consumer: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, September 17, 2021 The American consumer is saving the world, again For weeks, markets have been unsettled by relentless jitters about COVID-19 — and more recently, widening concerns about how a possible slowdown in China may drag on global growth. However, U.S. consumers are riding to the rescue — yet again — by spending with… Source link
Read More »U.S., Germany to announce deal on Nord Stream 2 pipeline in coming days
WASHINGTON, July 19 (Reuters) – The United States and Germany are expected to announce a deal resolving their longstanding dispute over Russia’s $11 billion Nord Stream 2 natural gas pipeline in coming days, sources familiar with the matter said on Monday. U.S. President Joe Biden and German Chancellor Angela Merkel failed to settle their differences over the undersea pipeline when they met last week, but agreed Moscow must not be allowed to use energy as a weapon against its neighbors. A deal… Source link
Read More »French anti-trust decision on Google’s copyright talks with publishers due in coming days
PARIS, July 8 (Reuters) – France’s anti-trust watchdog will make a decision in the coming days over the way Google (GOOGL.O) held copyright talks with some French publishers about paying for news content, the watchdog’s head Isabelle de Silva said on Thursday. Antitrust investigators have accused Alphabet’s Google of failing to comply with the state competition authority’s orders on how to conduct negotiations with news publishers over copyright, sources who read the investigators’ report… Source link
Read More »‘Gone Girl’ actor Lisa Banes dies 10 days after hit-and-run
NEW YORK (AP) — “Gone Girl” actor Lisa Banes died 10 days after being injured by a hit-and-run driver in New York City, police said. The 65-year-old Banes, who was struck by a scooter or motorcycle while crossing a street on June 4, died Monday at Mount Sinai Morningside Hospital, a police department spokesperson said. The driver did not stop, police said. Banes appeared in numerous television shows and movies, including “Gone Girl” in 2014 and “Cocktail” with Tom Cruise in… Source link
Read More »Bitcoin Suffers Steepest Drop in 10 Days as US Monetary Policy Causes ‘Short-Term Jitters’
Bitcoin’s price has fallen to its lowest point in over a week as traders stare down prospects of shifting U.S. monetary policy and continued tightening of regulation of cryptocurrencies in China. At 20:00 UTC on Monday, the price of the world’s foremost crypto began declining from around $35,466 to a low of $33,221. Prices were up slightly on the hour, and one bitcoin was changing hands for roughly $33,793 at the time of publication. The move marked the largest single daily loss for the… Source link
Read More »Curiosity rover offers a rare glimpse of cloudy days on Mars – Yahoo Finance
Bloomberg This Time Is Different: Outside OPEC+, Oil Growth Stalls (Bloomberg) — “This time is different” may be the most dangerous words in business: billions of dollars have been lost betting that history won’t repeat itself. And yet now, in the oil world, it looks like this time really will be.For the first time in decades, oil companies aren’t rushing to increase production to chase rising oil prices as Brent crude approaches $70. Even in the Permian, the prolific shale basin at… Source link
Read More »At 100 days, Americans say Biden has faced bigger challenges and performed better than Trump
The Daily Beast Bombshell Letter: Gaetz Paid for Sex With Minor, Wingman Says Photo Illustration by The Daily Beast / Photos via GettyA confession letter written by Joel Greenberg in the final months of the Trump presidency claims that he and close associate Rep. Matt Gaetz paid for sex with multiple women—as well as a girl who was 17 at the time.“On more than one occasion, this individual was involved in sexual activities with several of the other girls, the congressman from Florida’s… Source link
Read More »At 100 days, Americans say Biden has faced bigger challenges and performed better than Trump
Americans believe that President Biden faced bigger challenges than his predecessor Donald Trump during his first 100 days in office — and performed better than Trump despite those difficulties, according to a new Yahoo News/YouGov poll. The survey of 1,558 U.S. adults, which was conducted from April 27 to April 29, found that less than a third say Trump’s challenges were bigger than Biden’s (31 percent) or that Trump performed better (32 percent) during the first 100 days of his… Source link
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