Tesla could use more of high-profile CEO Elon Musk’s divided focus at a critical juncture for the electric vehicle industry, former board member Steve Westly said Thursday. https://www.cnbc.com/2024/05/23/elon-musk-has-lost-his-focus-former-tesla-board-member-says-.html
Pakistan and the International Monetary Fund will end two weeks of initial talks for a new loan tomorrow after the officials from the two sides discussed proposals for the upcoming budget. from Bloomberg Markets https://ift.tt/U6EIgHY
A Los Angeles County Superior Court jury awarded a Lancaster man $58.35 million in damages after the train worker fell on the job.
Iberdrola SA is looking for an investor to buy a stake in a portfolio of US renewable-energy assets for as much as $1.8 billion, according to people familiar with the matter. from Bloomberg Markets https://ift.tt/S1kN9Bg
The Identity and Democracy alliance, a pan-European group of far-right parties, has moved to expel Alternative for Germany, according to the DPA news agency, in a move that will add to the German party’s troubles. from Bloomberg Politics https://ift.tt/EDOoMNq
High fees and lack of transparency about them often hamper investments in alternative-asset strategies. https://www.wsj.com/articles/private-equity-fees-present-hurdles-that-hobble-some-fund-investors-547562c4
Oil rose from the lowest closing level in three months as stronger equity markets and a sliding dollar offset concerns over fragile fundamentals in global crude markets. from Bloomberg Markets https://ift.tt/BOojE8V
Russian missiles slammed into Ukraine’s second-largest city in the northeast of the country and killed at least seven civilians early Thursday, officials said, as Kyiv’s army labored to hold off an intense cross-border offensive by the Kremlin’s larger and better-equipped forces. At least 16 people were injured as S-300 missiles struck the city of Kharkiv,…
Slovenia’s parliament approved a law allowing investors to seek compensation in court for losses incurred in a rescue of the financial sector more than a decade ago. from Bloomberg Markets https://ift.tt/sAXmZED
Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a significant increase in market volatility and intense anticipation leading up to the ETF approval deadline. Notably, major…