Wed. Dec 18th, 2024

Tag: says,

Elon Musk is bringing at least 50 engineers from Tesla to Twitter. Most have little to no experience designing social networks and use an entirely different programming language altogether, report says.
Tesla is facing a criminal investigation over its ‘self-driving’ vehicle claims, a new report says, adding to compounding scrutiny on Elon Musk as Twitter deal looms

There’s a serious risk the US is headed for a prolonged period of high inflation and low growth, Deutsche Bank says. An era of negative returns for stocks and bonds may be the result.
Donald Trump Jr. and Eric Trump wanted large stakes in their father’s media company even though they were barely involved, co-founder says: ‘They were coming in and asking for a handout’

A pair of Levi’s from the 1880s just sold for $76,000. They were found in an old mine and could be worn ‘to get a Starbucks,’ a vintage resaler says.
Trump personally packed a stash of documents returned from Mar-a-Lago, report says. He kept hundreds more until the FBI seized them.

The bond market is in the middle of its worst decline since 1949. It’s set to unravel some very popular trades, BofA says.
There’s a ‘very high likelihood’ of a growth recession as the Fed’s inflation fight ramps up, Powell says. It means the end of the Great Resignation and fewer raises at work.

Ukraine’s Zaporizhzhia nuclear power plant has been shut down for safety, operator says, after repeated warnings of a radiation disaster
Biden’s Commerce secretary spoke on an AI committee while her husband held stocks in AI. It isn’t illegal, but it could pose an ethical problem in the future, government watchdog expert says.

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