Business Leaders
World’s largest wealth fund to vote against Musk’s $56 billion Tesla pay package
Norway's $1.7 trillion sovereign wealth fund says it will vote against ratifying CEO Elon Musk's $56 billion pay package which is up for a shareholder vote next week.
GameStop shares volatile after earnings and ahead of ‘Roaring Kitty’ live stream
GameStop shares were volatile Friday after the retailer reported results and ahead of a YouTube livestream planned by meme stock influencer "Roaring Kitty", marking his return to the site after a three-year hiatus.
Elon Musk's xAI selects southern city for 'world's largest' supercomputer site
xAI has its sights set on creating the world’s largest supercomputer, and the Elon Musk-founded artificial intelligence company has selected Memphis, Tennessee, for its site.
SpaceX’s massive Super Heavy-Starship returns to Earth without exploding after first full test flight
SpaceX's Super Heavy-Starship rocket launched from Texas on Thursday and returned to Earth without exploding in a landmark test for the company.
Nvidia CEO says he works ‘from the moment' he wakes up seven days a week
Author and culture expert Jessica Kriegel reacts to Nvidia CEO Jensen Huang’s controversial approach to a work-life balance during an appearance on ‘Cavuto: Coast to Coast.’
Australia drops legal challenge against X over Sydney church stabbing video removal
Australia's cyber safety regulator decided to drop a legal challenge against X over the removal of videos of the stabbing of an Assyrian church bishop in Sydney.
Elon Musk had Nvidia send AI chips intended for Tesla to X and xAI: report
Billionaire entrepreneur Elon Musk reportedly asked Nvidia to ship AI chips intended for Tesla to X and xAI, which Musk attributed to a lack of space for Tesla to immediately use them.
Restaurant, franchise owners are 'running for their life': Zane Tankel
Apple-Metro Chairman and CEO Zane Tankel says consumer brands need to be 'more creative' in an inflationary environment.
Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder
Tesla CEO Elon Musk is accused of profiting $7.5 billion from insider trades by a shareholder who claims Musk knew about disappointing production and delivery numbers before they went public.
Bill Ackman eyes IPO of Pershing Square
Pershing Square managed about $16.3 billion in net assets as of the end of April; other asset managers with valuations in the same ballpark manage several times that.