Elon Musk takes a break from Twitter after market-moving posts

Buyers who take their cues from Elon Musk could need to go with out his often weird musings for a spell. The billionaire Tesla boss went on a Twitter hiatus after making a number of posts that moved markets in current weeks. “Off Twitter for some time,” Musk wrote in an early Tuesday morning tweet. […]

Senate confirms Pete Buttigieg as Transportation secretary

Pete Buttigieg speaks on the Senate Commerce, Science, and Transportation nomination hearings to look at his anticipated nomination to be Secretary of Transportation in Washington. Ken Cedeno | Reuters The U.S. Senate on Tuesday confirmed Pete Buttigieg as Transportation secretary, handing the previous presidential candidate a big selection of challenges — from President Joe Biden‘s […]

Jack Ma snubbed by Chinese language newspaper from enterprise leaders record

Billionaire Jack Ma nonetheless seems to be on the outs with Beijing. The Alibaba Group founder — who made worldwide headlines last month when he vanished from the general public eye after working afoul of the Chinese language authorities — was left off a listing of Chinese language entrepreneurial leaders revealed by state media. China’s […]

Tesla to recall greater than 130,000 automobiles following regulators’ strain

Tesla Mannequin S 75. Supply: Tesla Motors Following strain from U.S. regulators, Tesla recalled 134,951 Model S and Model X vehicles with touchscreen show points that led to the lack of a number of safety-related options. The affected automobiles, made at Tesla’s Fremont, California, auto plant, embody Tesla Mannequin S sedans made between 2012 and […]

Ja Rule speaks out on Robinhood, GameStop inventory chaos

Rapper Ja Rule, one in all GameStop’s extra well-known traders, needs the little man to maintain buying and selling. The Grammy-nominated artist joined CNBC’s “Squawk Alley” Monday to speak all issues GameStop and Robinhood, after the millennial investing app restricted buying and selling on some shares. “I really like Robinhood. It places the inventory market […]

Citi reveals its playbook on silver because the Reddit rally fizzles

Bars of silver bullion sit within the valuable metals vault at Grupo Mexico SAB’s La Caridad smelter facility in Sonora, Mexico. Susana Gonzalez | Bloomberg | Getty Photographs Silver soared to an eight-year excessive this week, fueled by a Reddit trading frenzy that noticed retail traders on a well-liked discussion board speak up the dear […]

Reddit’s ‘epic’ silver squeeze is barely serving to Wall Avenue

Lastly, a “Reddit rally” Wall Avenue can get behind. The merry band of day merchants behind runaway shares like GameStop piled into silver on Monday in an effort to squeeze Wall Avenue. However metals market consultants say the ensuing rally is extra possible serving to, relatively than hurting, the large boys. The worth of silver […]

Biden administration eyes Rahm Emanuel for ambassadorship

Chicago Mayor Rahm Emanuel visits WSJ at Massive with Gerry Baker at Fox Enterprise Community studios on August 1, 2019 in New York Metropolis. Steven Ferdman | Getty Photos President Joe Biden is contemplating former Chicago Mayor Rahm Emanuel for a high-profile ambassadorship, doubtlessly to China, three individuals with information of the discussions mentioned. Turning […]

Restaurateurs present no love for Valentine’s Day indoor eating return

Some Valentine’s Day present!  Restaurateurs say Gov. Andrew Cuomo’s plan to reopen indoor dining at restricted capability on Feb. 14 received’t assist them make cash — however they’re doing it anyway for concern of shedding out to the competitors.  “It’s difficult,” defined Barry Dry, CEO of Parched Hospitality, which owns the Aussie-style Gap within the […]