Tesla shares sink as Musk says it could face some ‘rough quarters’ ahead
NEW YORK (AP) — Tesla shares sank Thursday after CEO Elon Musk said the company could face a “few rough quarters” as it transitions to a future focused less on selling cars and more on offering people rides in self-driving cars. Late Wednesday, the electric vehicle maker reported another quarter of lackluster financial results, with revenue dropping […]
X CEO Linda Yaccarino steps down after two years
X CEO Linda Yaccarino said she’s stepping down after two bumpy years running Elon Musk‘s social media platform. Yaccarino posted a positive message Wednesday about her tenure at the company formerly known as Twitter and said “the best is yet to come as X enters a new chapter with” Musk’s artificial intelligence company xAI, maker […]
Stocks fall as Trump trade deadline, Musk feud rattle Wall St.
Stocks on Wall Street closed broadly lower Monday as the White House stepped up pressure on major trading partners to make deals before punishing tariffs imposed by the U.S. take effect. The S&P 500 fell 0.8% for its biggest loss since mid-June. The benchmark index remains near its all-time high set last week. The Dow […]
Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk reversed a threat to retire SpaceX’s Dragon after a clash with Trump. The capsule remains vital to ISS missions.
Tesla stock plunges after Musk feud with Trump escalates
Tesla stock plunged 14% as Musk's clash with Trump spurred fears of federal backlash, erasing $150B in market value.
Trump’s promised steel and aluminum tariffs go into effect
U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s set to hammer businesses from automakers to home builders, and likely to increase prices for consumers.
Institute of Peace reclaims its headquarters after court win over Musk’s cost-cutting team
U.S. Institute of Peace returns to HQ after court rules Elon Musk’s DOGE unlawfully fired board and staff.
Disabled workers have faced prejudice. Now they face DOGE firings
Mass federal layoffs under Trump target disabled workers, raising concerns about the future of inclusive hiring and Schedule A protections.
Elon Musk’s memo exposes a trust crisis in leadership
Musk’s memo sparked debate, but the real issue isn’t accountability — it’s a lack of trust, clarity, and communication in modern workplace culture.
Stock market today: Markets bounce after Trump says he won’t try to fire Fed Chair Powell
U.S. markets are poised to open with big gains, a clear sign of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Futures for the Dow Jones Industrial Average jumped 1.9% before the bell Wednesday, while S&P 500 futures rose 2.6%. Nasdaq futures climbed a full 3%. Trump, […]
Tesla Q1 profit falls sharply as it fights backlash tied to Musk’s role in Trump administration
Tesla's Q1 profit plunged 70% to $409M amid weak sales, backlash over Elon Musk's role in the Trump administration, and rising competition in the EV market.
Mitre-backed cybersecurity program gets last minute save
Federal contractor Mitre, which has dual headquarters in McLean and Massachusetts, expected Wednesday to lose the federal funding needed to operate and maintain its nearly 26-year-old Common Vulnerabilities and Exposures (CVE) program, but a last-minute reprieve from the Cybersecurity and Infrastructure Security Agency (CISA) has prevented that from happening. Established in September 1999, the CV[...]