In recent months US President Trump has pointed repeatedly to his role in making the American economy the best ever. But behind the extreme highs of the stock market and the official government unemployment data, the US economy is primed for a 1929-style shoc…
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Month: October 2019
Tesla deploys a big Powerpack system in Nantucket to secure the island’s power
Tesla has deployed a large new Powerpack system in Nantucket to secure the island’s power, which relies on two underwater cables. Nantucket is a small island of about 11,000 permanent residents about 30 miles off the Massachusetts coast, but its also a very …
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Elon Musk pressured officials in Thailand to say nice things about him during cave rescue
Of all the controversies stirred up by Tesla CEO Elon Musk last year, none was more embarrassing than when he called expert spelunker and diver Vernon Unsworth a “pedo guy” and “child rapist,” after Unsworth criticized him for getting involved in a massive ef…
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CFOs to Watch 2019: Will They Sink or Swim?
Several themes pop out in our fifth annual lineup of CFOs who we’ll be observing closely in the next year. First, all of the finance chiefs hail from companies that face powerful competitors and tumultuous industry changes: Walgreens Boots Alliance, Macys, F…
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Musk’s Top Advisers Urged Twitter Break After Cave Diver Attack
Elon Musk enlisted help from senior executives at each of his companies to clean up after his personal attack against a British cave diver last year, and bristled at their initial suggestion for how to apologise, according to newly released court documents. …
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