MILAN—Elon Musk’s SpaceX and Unipol Gruppo agreed to join forces to help people hit by flooding in northern Italy connect to the Internet, facilitating rescue operations, the Italian insurer said on Saturday. Torrential rains devastated the eastern side of the Italian region of Emilia-Romagna, killing 14 people, causing billions of euros worth of damage and…
Elon Musk’s SpaceX and Italy’s Unipol Join Forces to Help Italians Hit by Flooding
Musk Says He’s Not Stepping Down as Tesla CEO, Tells Shareholders the Company Will Advertise
Elon Musk on Tuesday dismissed speculation that he might step down as Tesla’s CEO and told the company’s annual shareholders meeting that the electric car and solar panel company would start doing some advertising. “Say it ain’t so,” one shareholder asked Musk about stepping down as Tesla’s leader. “It ain’t so,” he replied without further…
Elon Musk’s Bid to End Tweet Pre-Approval Faces Skeptical Court
A federal appeals court on Thursday questioned Elon Musk’s bid to end an agreement that he made to get a Tesla Inc. lawyer’s pre-approval of some of his tweets, with judges pointing out that he agreed to it as part of a 2018 deal with the U.S. Securities and Exchange Commission (SEC). Musk’s attorney Ellyde…
Elon Musk Suggests Twitter as New Platform for Tucker Carlson After Fox News Departure
Billionaire entrepreneur Elon Musk suggested Twitter could be a platform where Tucker Carlson could prosper after the Fox News primetime host departed the network on Monday. Carlson had been a fixture at Fox News since 2009, and had hosted his own primetime “Tucker Carlson Tonight” show from November 2016 until his final installment last Friday….
NTD Business (April 20): Elon Musk Threatens to Sue Microsoft; BuzzFeed News Shuts Down Amid Workforce Cuts
BuzzFeed News is shutting down, as its parent company plans to cut 15 percent of its workforce. SpaceX’s Starship spacecraft successfully lifted off from the coast of south Texas Thursday—but didn’t get far. It’s the most powerful rocket ever built. Elon Musk is threatening to sue Microsoft. He posted on Twitter that the company “trained…
LIVE 5 PM ET: NTD Business Full Broadcast (April 20)
Buzzfeed news is shutting down, as its parent company plans to cut 15% of its workforce. SpaceX’s starship spacecraft successfully lifted off from the coast of south Texas today — but didn’t get far. It’s the most powerful rocket ever built so far. Elon Musk is threatening to sue Microsoft. He tweeted that they “trained…
Musk Says Tesla Will Put Sales Growth Ahead of Profit
Tesla Inc. boss Elon Musk on Wednesday doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritize sales growth ahead of profit in a weak economy. The company posted its lowest quarterly gross margin in two years, missing market estimates, as it slashed…
LIVE NOW: NTD News Today (April 20): SpaceX Cheers Rocket Launch Despite Explosion; House Passes Bill to Ban Men from Women’s Sports
Elon Musk’s SpaceX launched its next-generation Starship cruise vessel. However, minutes later, the rocket and vehicle exploded in the sky. The U.S. House passed a bill Thursday to bar federally supported schools and colleges from allowing men identifying as women from competing on girls or women’s sports teams. Mayor Eric Adams has some grievances with…
NTD News Today (April 20): SpaceX Cheers Rocket Launch Despite Explosion; House Passes Bill to Ban Men from Women’s Sports
Elon Musk’s SpaceX launched its next-generation Starship cruise vessel. However, minutes later, the rocket and vehicle exploded in the sky. The U.S. House of Representatives passed a bill on Thursday to bar federally supported schools and colleges from allowing men that identify as women from competing on girls’ or women’s sports teams. Mayor Eric Adams…
NTD Business (April 18): Default Risk for Office Building Mortgages? Musk Warns AI Could Destroy Civilization
April 18, 2023
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Elon Musk is again warning of dangers posed by artificial intelligence, saying it could destroy civilization. What’s he concerned about? A market veteran gives a new warning about the commercial real estate sector. He says we’ll see more loan defaults. Apple opens its first-ever store in India, underscoring the importance of the market. A second store in…
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