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Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a filing that its board had certified the operational milestone needed to unlock the first award in Musk’s eye-popping $50 …
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Uber on Friday said it would offer rides by the hour in some US cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic. The option, which is already available in a handful of cities in Australia, Africa, Europe and the Middle East, will cost $50 per hour. Fares for regular …
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SoftBank Vision Fund’s head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 billion yen ($14.8 million), even as the fund’s underperformance pushed SoftBank to a record $13 billion operating loss. The figure was second only to remuneration for SoftBank Group Chief Operating Officer Marcelo Claure, which rose …
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Sailor Brinkley-Cook’s supermodel mom, Christie Brinkley, never knew the extent of her daughter’s struggles with body image. “My mom didn’t fully know the pain that I was going through when I was at my worst,” Brinkley-Cook, 21, said on “Good Morning America” Friday. Growing up as the daughter of a supermodel didn’t help her issues, …
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What’s the price of a soul? About $10 million, according to Grimes. Ahead of her upcoming online art exhibition — titled “Selling Out” — opening in Los Angeles on May 28, the avant-garde artist has announced that the title piece in the collection will be a legal document that entitles the purchaser to a percentage …
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Andrew Church was among the minor leaguers the Mets released on Thursday. Not long after receiving the news, the 25-year-old right-handed starter tore into his now former organization. The 2013 second round pick blasted the Mets on Instagram for signing “a celebrity” — almost certainly Tim Tebow — and blamed the organization for forcing Church …
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Swiss drugmaker Novartis will start producing a genetic coronavirus vaccine this month under a deal with Massachusetts researchers. AveXis, Novartis’s gene-therapy arm, agreed to manufacture the vaccine being developed by Massachusetts Eye and Ear and Massachusetts General Hospital. Production will start in time for clinical trials that are scheduled to begin in the second half …
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There is hesitation among the political class as to what must be done to pay down and eliminate this debt. At around $22.5 trillion, the United States national debt sits at 106 percent of Gross Domestic Product (GDP). There is no disputing that this gigantic debt will someday become due and payable. However, there is …
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The current U.S. budget deficit could soon exceed a record $4 trillion. The massive borrowing is being driven both by prior budget profligacy and a hurried effort by the Donald Trump administration to pump liquidity into a quarantined America. The shutdown has left the country on the cusp of a self-inflicted economic collapse not seen …
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The U.S. Department of Education has concluded that Connecticut’s policy of allowing transgender athletes to compete in women’s sports programs is a violation of Title IX anti-discrimination rules. The department’s Office of Civil Rights determined that Connecticut’s policy “denied female student-athletes athletic benefits and opportunities, including advancing to the finals in events, higher level competitions, …
Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a filing that its board had certified the operational milestone needed to unlock the first award in Musk’s eye-popping $50 …
