Tesla needs more money. A lot of it. After a surprisingly weak first quarter in which it burned through nearly $1 billion, the company said Thursday that it would seek to raise about $2 billion in the markets. The electric-car maker plans to offer investors 2.72 million shares of stock, which would raise about $650 […]
Tesla Seeks to Raise $2 Billion in Sale of Stock and Debt Read More »
A former aspiring business manager for NBA players continues to insist he never bribed college basketball coaches to help him get future clients. Christian Dawkins was cross-examined Thursday as the last witness at a college hoops corruption trial. Prosecutor Robert Boone confronted Dawkins with recordings in which he brags about his close relationship with several
Basketball figure denies bribing coaches to get clients Read More »
This article was produced in partnership with the Pulitzer Center on Crisis Reporting. GUANTÁNAMO BAY, Cuba — The military judge presiding in the trial of five men accused of plotting the Sept. 11, 2001, terrorist attacks announced in court on Wednesday that he intends to leave the case next month. The development could further delay
Military Judge in Trial of Sept. 11 Suspects Will Step Aside Read More »
WASHINGTON — President Trump said he would not nominate Stephen Moore for a seat on the Federal Reserve board after several Republican lawmakers raised concerns about the conservative economist’s previous comments denigrating women. Mr. Trump, in a tweet, said “Steve Moore, a great pro-growth economist and a truly fine person, has decided to withdraw from
Trump Won’t Nominate Stephen Moore for Fed Board Read More »
A wealthy drug company founder was convicted Thursday of directing a scheme to bribe doctors across the country to prescribe a highly addictive fentanyl spray. John Kapoor, the founder and former chairman of Insys Therapeutics, was found guilty of racketeering conspiracy after 15 days of deliberations in a trial that put a spotlight on the
Drug company founder convicted in opioid bribery scheme Read More »
Image copyright Frenzo Harami / Instagram Image caption The song received limited plays on late-night shows The BBC says a rap song broadcast on Asian Network and Radio 1 “did not meet our editorial standards” and will not be played again. The track, by Frenzo Harami, has been accused of glamorising sexual exploitation, for lyrics
BBC drops ‘exploitative’ rap song Read More »
Image copyright BEYOND MEAT Shares of vegan burger maker Beyond Meat soared on their Wall Street debut as investors bet on the growing popularity of plant-based foods. Just minutes into trading, the price jumped past $50 a share – double the initial $25 – with trading temporarily halted due to volatility. The share price jump
Beyond Meat: Shares in vegan burger company double Read More »
When Chris Williamson was in the market for a new family car, a timely ad and conversations with a co-worker convinced him to try something out of the ordinary. He bought a BMW 3 Series convertible and covers the payments by renting it to strangers on a peer-to-peer car sharing app called Turo. It allows
Car-sharing apps’ popularity drives debate about taxes Read More »
Former champion Philipp Kohlschreiber upset second-seeded Karen Khachanov 7-6 (6), 6-4 Thursday to reach the quarterfinals of the Munich Open. Kohlschreiber, who won the tournament in 2007, 2012 and 2016, had to save a set point in the tiebreaker then earned the decisive break for a 5-4 lead in the second before serving out the
Kohlschreiber upsets Khachanov at Munich Open, Kudla beaten Read More »
The Labour leader said life expectancy in the UK was going down, but the prime minister disputed his claim. Jeremy Corbyn told the prime minister at Prime Minister’s Questions that “things are getting worse” under Theresa May, with more people getting food parcels and going to food banks. She said Conservatives were “improving people’s lives”
PMQs: Corbyn and May on social mobility and life expectancy Read More »
