Hedge funds betting against Elon Musk’s Tesla have lost billions of dollars after Donald Trump’s White House win last week, according to a report. Investment firms with short positions on the electric car maker’s stock between Election Day and Friday’s close suffered an on-paper hit of at least $5.2 billion, according to Bloomberg calculations based…
The billionaire owner of the NFL’s Atlanta Falcons hired a woman half his age to work on his private jet while the pair were “in a romantic relationship” — but she wasn’t qualified for the job, and he allegedly forced two other stewardesses to work unpaid overtime to pick up the slack, according to an…
Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend more on ingredients and hurting its stock price. In a proposed class action filed in Santa Ana, Calif., federal court, shareholders said Chipotle failed to disclose growing unhappiness among customers with inconsistent portion sizes…
A trio of state senators are calling on SUNY to investigate its $2.7 million contract with a powerhouse publishing company accused of acquiescing to the Chinese government by censoring articles. Springer Nature, the dominant publisher of academic journals which has a five-year contract with the State University of New York system, allegedly blocked access to thousands…
PHOENIX — A natural gas utility with more than 2 million customers in Arizona, Nevada and parts of California is being fined $2 million by regulators in Arizona over concerns about piping that is known to degrade in the heat. The Arizona Corporation Commission announced Friday that it reached a consent agreement with Southwest Gas…
TOKYO — Asian shares were trading mostly lower Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president. Japan’s benchmark Nikkei 225 gained 0.6% in morning trading to 39,774.43. But the rest of the regional markets didn’t get much of a perk. Australia’s S&P/ASX 200…
LITTLE ROCK, Ark. — Cherokee Nation Entertainment on Friday filed a lawsuit challenging a constitutional amendment Arkansas voters approved this week that revokes its license for a planned casino in the state. The lawsuit filed in federal court claims the measure approved by voters on Tuesday violates its constitutional rights, and seeks to block its…
The spotlight is on Azerbaijan as the small petrostate in the South Caucasus hosts the U.N.’s biggest climate conference. Diplomats from across the world will descend on the capital Baku for the annual climate summit, known as COP29, to discuss how to avoid increasing threats from climate change in a place that was one of…
ATLANTIC CITY, N.J. — Opponents of offshore wind energy projects expect President-elect Donald Trump to kill an industry he has vowed to end on the first day he returns to the White House. But it might not be that easy. Many of the largest offshore wind companies put a brave face on the election results,…
LOST HILLS, Calif. — In a sprawling plant in the heart of California’s farmland, millions of shells rush down a metallic chute and onto a conveyor belt where they are inspected, roasted, packaged and shipped off to groceries around the world. Pistachios are growing fast in California, where farmers have been devoting more land to…
End of content
End of content