Elon Musk’s status as the world’s wealthiest person is in no danger of changing. But since mid-December, the tech titan’s net worth has declined by more than $100 billion, or approximately 25%, as a sell-off in shares of Tesla, his electric car maker, has accelerated in recent weeks. On Tuesday, the stock closed down another 8% to $302.80 and is ...
Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units. Lucid said Marc Winterhoff, currently the company’s chief operating officer, will step in as interim CEO. Rawlinson will serve as a “strategic technical advisor to the chairman of the board, stepping aside from ...
Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount said it would comply with President Donald Trump’s executive order banning the practice in the federal government and demanding that agencies investigate private companies over their DEI programs. Co-CEOs George Cheeks, Chris McCarthy ...
An Israeli security official says four bodies have been transferred to the Red Cross by Hamas. Israel is now expected to release hundreds of Palestinian prisoners in the coming hours in exchange. Footage taken in the early hours of Thursday local time showed a group of Palestinian prisoners disembarking from a Red Cross vehicle in Ramallah, in the occupied West ...
The legal team representing Mexico in a lawsuit against eight firearms manufacturers in the United States is preparing to argue part of their case before the US Supreme Court on March 4, according to Pablo Arrocha, legal consultant for the Mexican Ministry of Foreign Affairs. “This case is going through a stage where questions of admissibility will still be reviewed, ...
President Donald Trump’s upending of US foreign policy has alarmed allies and nations in need. His administration has frozen foreign aid, threatened to take control of other countries’ sovereign territory, exited key international bodies and alienated Europe with an embrace of Russia. But the head-spinning set of moves, that together signal a retreat from leadership of a liberal order to ...
It’s time for Keir Starmer to make his move. Britain’s prime minister has spent months carefully crafting a chummy relationship with Donald Trump. He has showered the US president with flattery since even before his November election win; he has been, in Trump’s words, “very nice.” On Thursday, Starmer could finally extract something tangible in return. His visit to Washington ...
Dozens of Uyghur men detained in Thailand after fleeing China may have been secretly deported to their home country, activists and rights groups said on Thursday, warning they could face torture and imprisonment on their return. The 48 men were arrested by Thai authorities 11 years ago after crossing the border to Thailand in an attempt to escape persecution in ...
Editor’s Note: This story contains graphic descriptions of violence and abuse. Israel has systematically targeted Palestinian healthcare workers in Gaza, arbitrarily detaining them without charge or access to legal counsel, and submitting them to torture and abuse, according to a new report by Physicians for Human Rights Israel (PHRI). Between July and December, lawyers working with the Israeli nonprofit group ...
Israel will not withdraw its forces from the Gaza-Egypt border, according to an Israel source. The military was supposed to begin withdrawing from that region in early March if the current ceasefire, which expires Saturday, were extended. “We will not allow Hamas murderers to roam again with trucks and rifles on our borders, and we will not let them strengthen ...