Tesla Inc. cut prices in its queues in the US and key European markets in its latest effort to boost demand after a series of disappointing deliveries. The automaker is lowering the cost of its cheapest Model Y by up…
The British economy unexpectedly expanded in November, boosted by strong service activity linked to the World Cup, supporting the case for the Bank of England to raise rates at its next meeting. Gross domestic product increased by 0.1 percent between…
George Soros, billionaire and founder of Soros Fund Management, at the World Economic Forum in Davos, Switzerland, in January 2016. Matthew Lloyd Bloomberg Getty Images The World Economic Forum in Davos, Switzerland, begins next week. It is an annual meeting…
Since the beginning of the year, Gemini and Genesis—two top crypto companies—have been locked in an increasingly heated dispute over investment products that promise customers high returns for lending crypto assets. On Thursday, the U.S. Securities and Exchange Commission charged…
Kidane Zekarias Habtemariam, a notorious people smuggler, showed his strength two years ago when he escaped from the Ethiopian court where he was tried. Before being sentenced in absentia to life in prison for human trafficking and extortion, Eritreans asked…
The collapse of the crypto market, which is close to $1.4 trillion in 2022, does not affect traditional assets like stocks or the real economy. But one academic has warned that the failure of the main stablecoin could have an…
Apple is cutting Chief Executive Officer Tim Cook’s compensation by more than 40% to $49 million in 2023, citing investor guidance and requests from Cook himself to adjust his pay. As part of the changes, the percentage of stock units…
A woman walks between signs showing the price of food on a street in Buenos Aires, Thursday © Luis Robayo / AFP / Getty Images Argentina closed the year with annual inflation accelerating to 95 percent, bringing the South American…
WWE Chairman and CEO Vince McMahon spoke at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in…
Elon Musk’s lawyer argued for the securities fraud trial to be moved from San Francisco if 82% of all potential jurors had a negative opinion of the billionaire. Questionnaires from nearly 200 would-be jurors returned to the federal judge handling…