As we approach the Fourth of July holiday, it is important to remember that this country was founded on the pursuit of freedom. On July 2, 1776, Congress voted to dissolve the connection between the Colonies and Britain, declaring them to be free and independent states. We hold these truths to be self-evident, that all … Read more
This week’s Current Climatewhich every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Biden Administration announced a partnership with 11 state governments to accelerate construction of offshore wind energy projects along the east coast. This move is … Read more
CEO Elon Musk’s outlook on the future of Tesla appears to be bleak. FREDERIC J. BROWN | Getty Images In a new interview with a Tesla owner’s group, Musk revealed that bankruptcy may be a possibility for the electric car company. Tesla has faced multiple problems lately with supply chain disruptions affecting the production of … Read more
Cathie Wood’s ARK Innovation ETF (ARKK) – Get ARK Innovation ETF Report has been in free fall. Wood’s strategy of betting on disruptive technology worked brilliantly in 2020 and early last year. Most of the fund’s core holdings saw gains from pandemic tailwinds. Stocks like Roku (ROKU) – Get Roku Inc. Report and Zoom (ZM) … Read more
Looming fears of an economic recession have plagued Wall Street and the country as a whole, and billionaire Elon Musk’s latest comments will not help to ease any worries. In an interview with Bloomberg At the Qatar Iconic Forum in Doha on Tuesday, the Tesla and SpaceX CEO spoke about the possibility of an upcoming … Read more
Things are continuing to tense up between Elon Musk and some former Tesla workers. A new lawsuit was filed by former employees this month claiming their dismissal violated federal law. Xiaolu Chu | Getty Images The class-action lawsuit was filed by John Lynch and Daxton Hartsfield, former Tesla gigafactory workers in Nevada who were let … Read more
The future of the national office market is still murky at best more than two years after the start of the COVID-19 pandemic as many workers and firms have become accustomed to remote and hybrid work setups. a Kastle Systems has noted that occupancy rates in major office markets have plateaued at 43 percent for … Read more
About a year ago, CO reported that the Durst Organization had gone all Alec Baldwin on its workforce: Get vaccinated, or you’re fired. It looks like Elon Musk has been watching”Glengarry Glen Ross” because this week an email leaked from the would-be social media tycoon to Tesla executives saying: “Remote work is no longer acceptable” … Read more
Elon Musk made headlines earlier this week when a leaked email memo to employees revealed that he had told executives on his staff that they are required to start coming into Tesla offices at least 40 hours a week or risk termination from the company. SOPA Images | Getty Images It now looks like Musk’s … Read more
A strike by Google Maps employees could have resulted in service hiccups for the software’s billion monthly users. Photo: OLIVIER DOULIERY (Getty Images) Contractors at Google have successfully pushed back their return to office mandate after threatening to go on strike. Google Maps contract workers secured a 90-day extension to return to the office after … Read more