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Musk Doesn’t Understand Why Government Matters
If a business fails, it’s not a big deal. When government services break down, people can die.The New York Times - Mar. 8 -
Chinese investors privately take stakes in Musk’s companies
Asset managers have been promoting tech mogul’s ties to Donald Trump to lure capital to xAI, Neuralink and SpaceXFinancial Times - Mar. 9 -
Musk’s Tweet-Fueled Bubble May Be About to Burst
His greatest achievement is building a financial cult that serves as the engine for his enormous wealth.The New York Times - Mar. 10 -
Rays owner reportedly being ‘pressured’ to sell team by MLB commissioner Rob Manfred, other team owners
A sale is not imminent, but there are apparently several people in the league trying to convince Stu Sternberg to sell the Rays.Yahoo Sports - Mar. 10 -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - Mar. 10 -
Trump says he will buy a Tesla vehicle after stock slump
The US president blames "radical left lunatics" but analysts point to Tesla sales slump.BBC News - Mar. 11 -
Donatella Versace steps down as creative director of namesake fashion house
Italian designer hands over to Dario Vitale after nearly 30 years as group nears saleFinancial Times - 4d -
US enforcement unit ended by Trump wins right to auction Russian yacht
Sale of the $300mn Amadea is expected to move forward but cases that were not charged yet are likely to be abandonedFinancial Times - 2d -
Trump's World Liberty Financial crypto project says it sold $550 million in tokens
World Liberty Financial said it completed its second token sale, bringing in $550 million.CNBC - 4h -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - Mar. 7 -
How Beyond Meat and the plant-based meat industry lost their allure
Beyond Meat's 2019 IPO aligned with broader excitement around plant-based meats. Yet declining sales, layoffs, and shuttered factories dominate headlines today.CNBC - Mar. 10 -
This step is ‘really important’ if you plan to sell your home in 2025, economist says
Selling your house takes more than just putting up a “for sale” sign. Getting the right asking price is a really important step, experts say.CNBC - 5d -
Cards' Harrison, Fanatics settle yearlong dispute
Now that Marvin Harrison Jr. and Fanatics have come to an agreement, his No. 18 Cardinals jerseys are expected to go on sale "pretty soon," a source told ESPN.ESPN - 4d -
The ‘secret’ agents of super-prime property
In the rarefied world of the most expensive homes, where discretion is everything and sales can be a magnet to opportunists, a clutch of under-the-radar agents is oh-so-quietly operatingFinancial Times - 4d -
China Condemns CK Hutchison-BlackRock Panama Canal Deal
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.The New York Times - 4d -
Want to make more money selling your house? Mention these features in the listing.
As spring homebuying season approaches, homeowners who mention features including ‘teak’ and ’soapstone’ in their for-sale listing could get better offers on their houses.MarketWatch - 4d -
D.C. housing market shows signs of cracks amid mass federal layoffs
The supply of homes for sale across the nation always rises ahead of the busy spring market, but the Washington, D.C., metropolitan area is seeing an outsized increase, according to Realtor.com.NBC News - 3d -
Why Are States Banning Lab-Grown Meat?
Mississippi became the third state to ban cell-derived meat, a product not for sale in the United States. But not all livestock producers are opposed to cultivated protein.The New York Times - 3d -
Fashion-retailer Forever 21 files for bankruptcy for a second time
Forever 21's U.S. retail operator plans liquidation sales after filing Chapter 11 for the second time in six years.CBS News - 1d -
2-year yield ends at highest in over 2 weeks as traders assess stagflation risk
Yields on U.S. government debt finished mixed on Monday after February retail sales came in below expectations and raised continued questions about the strength of the economy.MarketWatch - 19h -
Senate Republicans tell Musk to send his cuts to Congress
The DOGE chief was told that legislative action could enshrine his slashing.Politico - Mar. 5 -
Musk seeks Italian presidential meeting to salvage Starlink deal
Domestic political opposition to $1.5bn deal for secure communications has mounted amid transatlantic diplomatic tensionsFinancial Times - Mar. 9 -
The Populist vs. the Billionaire: Bannon, Musk and the Battle Within MAGA
President Trump has made clear he wants to keep both men and their allies within his movement, but the tensions are growing.The New York Times - Mar. 9 -
Musk and Rubio spar with Polish minister over Starlink in Ukraine
The three went back and forth in an exchange of posts on X over Starlink being cut off in Ukraine.BBC News - Mar. 9 -
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Musk says X hit by 'cyber-attack' as thousands report outages
Platform outage monitor Downdetector said it had seen more than 350,000 reports of issues from US users on Monday.BBC News - Mar. 10 -
Musk expresses support for rival to Reform UK as feud in Farage’s party intensifies
Allies of tech billionaire say he has signalled he would back an alternative to populist partyFinancial Times - Mar. 10 -
Musk’s Starlink in tie-up with domestic tycoon to enter India
SpaceX founder and Sunil Mittal join forces against Mukesh Ambani in satellite battleFinancial Times - Mar. 11 -
Musk gets telecom tycoons’ double backing for Starlink in India
Country’s two biggest mobile operators drop opposition and sign dealsFinancial Times - 6d -
Gavin Newsom’s Podcast Hosts Steve Bannon, Covering Musk, Trump and Taxes
The California governor hosted one of the architects of President Trump’s political movement on his new podcast, and their friendly sparring revealed a few points of agreement.The New York Times - 5d -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - 5d -
Wisconsin Supreme Court candidates to debate about Trump, Musk and key issues
A closely watched Wisconsin Supreme Court election takes center stage as Republican-backed Brad Schimel and Democratic-backed Susan Crawford are set to debate.ABC News - 5d -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 5d -
Musk Email Reaches Italian Workers. It Did Not Go Well.
Employees at the Aviano Air Base who serve American forces got a familiar demand to list their achievements. Unions say Italy “is not the Wild West like the U.S.”The New York Times - 4d -
Musk says first mission to Mars will launch next year
The billionaire says an unmanned mission by his SpaceX "Starship" vehicle will be followed by human landings as early as 2029.BBC News - 3d -
At Gridiron Dinner, Jokes About Trump, Musk and Russia Abound
But President Trump wasn’t around to hear any of the barbs thrown at the annual D.C. event.The New York Times - 1d -
Some Federal Office Leases Restored After Pushback to Musk Team’s Cuts
The chaotic effort to reduce the government’s real estate portfolio is another example of the setbacks the administration has faced as officials try to carry out President Trump’s agenda.The New York Times - 1d -
Nasa cuts raise fears of handing more influence to SpaceX owner Musk
Fired workers warn cuts including closing of two offices will undermine agency work and increase costs. The Trump administration ’s decision to shutter two offices at Nasa risks “dramatically” ...The Guardian - 4h -
Pro-Palestinian activists vandalize Trump golf course in Scotland over Gaza comments
Pro-Palestinian activists vandalized President Trump’s golf course in Scotland on Saturday to protest his administration’s policies in the Gaza Strip. In white, boldface capital letters, activists ...The Hill - Mar. 9 -
Canada slaps electricity tariffs on New York, Minnesota, Michigan
The government of Ontario is applying a 25 percent surcharge starting Monday on electricity exports to three U.S. states in response to U.S. tariffs on Canada. This surcharge will affect ...The Hill - Mar. 10
