The Australian sharemarket forfeited all of its gains on Wednesday as the latest inflation figures dampened expectations of interest rate cuts.
First-quarter profits for Elon Musk’s company have more than halved,with the EV market awash with excess capacity and production.
A nurse who was mown down and left for dead says she has irreversible brain damage.
The key question for investors is whether this is just a correction in what has been quite an ebullient market – or something more threatening.
The electric carmaker will ask shareholders to vote again on massive compensation package for Chief Executive Officer Elon Musk that was nixed by a Delaware court early this year.
CEO Elon Musk detailed the plans to lay off about 10 per cent of its global workforce in a memo sent to employees.
The former prime minister says he wants his party to pick more women,yet last month he backed a conservative senator who was trying to roll a senior female colleague.
The horror start to the year for Musk’s carmaker has continued,with its latest results shocking Wall Street and wiping billions off the company’s value. His antics might be playing a big role.
Elon Musk said in an interview that when it comes to Wall Street,“what matters is execution”.
Apple,Nvidia and other tech giants have driven Wall Street to record levels. That could turn into a problem.
Some NSW and Victorian motorists could save $1800 a year in fuel costs under a plan to cap motor vehicle pollution,Climate Change Minister Chris Bowen said citing new analysis.