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Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off

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…

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Investing

Lucid CEO steps down; EV maker plans to more than double production in 2025

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production…

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Investing

Paramount ends DEI policies, cites Trump executive order

Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC….

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Trump, Zelenskyy to meet for key deal as NATO allies, Russia wait, watch

Ukrainian President Volodymyr Zelenskyy on Friday is set to meet with President Donald Trump for the first time since he re-entered the…

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Putin ‘doesn’t want peace,’ EU chief diplomat warns ahead of Trump, Zelenskyy deal

European leaders are weary of President Donald Trump’s push to secure a peace deal between Ukraine and Russia, with the European Union’s…

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Former defense secretaries condemn Trump’s firing of senior military officials in scathing letter

Five former defense secretaries issued a scathing letter on Thursday assailing President Donald Trump for firing the chairman of the Joint Chiefs…

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GOP Rep. Joe Wilson trumpets ‘Make Iraq Great Again!’ message

Rep. Joe Wilson, R-S.C., a member of the House Foreign Affairs Committee, shared a message on X in which he declared, ‘Make…

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Why Zelenskyy keeps pushing for Ukraine NATO membership even though Trump says it’s not happening

Ukrainian President Volodymyr Zelenskyy isn’t backing down from seeking NATO membership for Ukraine despite the fact that President Donald Trump has said…

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Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…

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Investing

Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak

Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and…

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