Day: September 29, 2018

The Securities and Exchange Commission didn’t want to potentially damage Tesla Inc. by permanently barring Elon Musk from the company he has built from virtually nothing, but had to do something to punish him for foolish and misleading tweets that manipulated the financial markets and ensure it did not happen again. The regulators hope a settlement announced Saturday between the... Read More

The Securities and Exchange Commission reached a settlement of fraud charges on Saturday with Tesla Inc. and Elon Musk that forces Musk’s removal as chairman of the Tesla board and the payment of $40 million in penalties. Musk will pay $20 million of the penalty personally, without using insurance or other assistance, and will be ineligible to be re-elected chairman... Read More

The Securities and Exchange Commission reached a settlement of fraud charges on Saturday with Tesla Inc. and Elon Musk that forces Musk’s removal as chairman of the Tesla board and the payment of $40 million in penalties. Musk will pay $20 million of the penalty personally, and will be ineligible to be re-elected chairman for three years. Tesla will pay... Read More

The Securities and Exchange Commission reached a settlement of fraud charges on Saturday with Elon Musk, CEO and chairman of Tesla Inc., and with the company that forces Musk’s removal as chairman of the Tesla board and the payment of $40 million in penalties, $20 million by Musk personally and $20 million by Tesla. Musk will be ineligible to be... Read More

The Federal Bureau of Investigation has been instructed by the White House to interview two of the women who have alleged sexual misconduct by Brett Kavanaugh, according to people familiar with the matter. The parameters of the FBI probe don’t include interviewing Julie Swetnick, who said this week the Supreme Court nominee attended a party decades ago where she was... Read More

Tesla Chairman and CEO Elon Musk. Just in case you haven’t read enough about Tesla CEO Elon Musk and his woes, here’s a fresh trove of investor indignation. This comes from the online media site the Outline, which says it obtained 147 pages of complaints about Musk from people who’d invested in Tesla TSLA, -13.90%  . Shares of the car... Read More

American rock group Jefferson Airplane performs on stage at the Central Park band shell in New York City in August 1969. Showwn from left to right are guitarist Paul Kantner, drummer Spencer Dryden, singer Grace Slick, guitarist Jorma Kaukonen, bassist Jack Casady and singer Marty Balin, who died Thursday. Marty Balin, who co-founded psychedelic rock band Jefferson Airplane in 1965... Read More

British Prime Minister Theresa May ‘I think people will see a really impressive conference all round this year.’ Brandon Lewis, Conservative Party That was U.K. Conservative Party Chairman Brandon Lewis, speaking to Sky News about the Tories’ annual party conference before a columnist with the Guardian newspaper discovered that the conference app allowed anyone to log in as any attendee.... Read More

Canadian Foreign Minister Chrystia Freeland speaks at a press conference August 31, 2018 at the Embassy of Canada in Washington, DC. – A free trade deal that is good for all three nations in the North American Free Trade Agreement is within reach, but will require flexibility in negotiations, Canada’s foreign minister said. The Canadian government has entered intensive weekend... Read More

Tesla CEO Elon Musk Just in case you haven’t read enough about Tesla CEO Elon Musk and his woes, here’s a fresh trove of investor indignation. This comes from the online media site “The Outline,” which says it obtained 147 pages of complaints about Musk from people who’d invested in Tesla TSLA, -13.90%  . Shares of the carmaker were down... Read More