Tesla Shares Jump 13%
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BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
Ether jumps 16% on US ETF approval speculation
Cryptocurrency’s rise catches analysts by surprise after reports SEC asks issuers to refile applicationsFinancial Times - Business -
Ether jumps more than 20% in two days on renewed optimism for an ETF
Cryptocurrencies rallied amid a late surge in optimism around SEC decisions on spot ether ETF applications, the first of which is due this week.CNBC - Business -
13 Best Office Chairs (2024): Budget, Luxe, Cushions, Casters, and Mats
Sitting at a desk for hours? Upgrade your WFH setup and work in style with these comfy WIRED-tested seats.Wired - Tech -
As 3 states recover from 13 tornadoes, more severe weather on the way
As emergency crews in three states began mopping up and assessing damage from a series of tornadoes on Sunday, more severe weather is on the way.ABC News - Top stories -
Tesla’s Controversial Factory Expansion Is Approved
After anti-Tesla activists clashed with police in Germany last week, local councillors today backed Elon Musk’s plan to make Tesla’s only European Gigafactory even bigger.Wired - Tech -
Divesting shares: does it work?
Offloading shares for moral reasons needs to be part of an overarching strategyFinancial Times - World -
Did Billie Eilish just jump into the race for song of the summer?
Pop superstar Billie Eilish's new album 'Hit Me Hard and Soft' is due Thursday night. One breezy track already feels like a hit.Los Angeles Times - Entertainment -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Will Chinese auto investment jump Joe Biden’s tariff walls?
China’s EV manufacturers looking to produce in Europe and the US will be next stage of trade war gameFinancial Times - World - Joe Biden -
Ether price jumps ahead of SEC’s ETF decision as speculation on approval rises
Ether’s price jumped Monday afternoon, leading a rally for major cryptocurrencies three days before the U.S. Securities and Exchange Commission has to decide whether to approve VanEck’s application for a spot ether exchange-traded fund.MarketWatch - Business -
Comex Gold, Silver Settle Lower
Gold fell 0.5% from its record high to settle at $2,421.70 per troy ounce.The Wall Street Journal - World -
The race to be China’s Tesla has an unexpected leader
Charging infrastructure will become an increasingly important factor in winning over EV buyersFinancial Times - Business - China -
Rangers outlast Angels 3-2 in 13 innings when Lowe gets hit by pitch
Nathaniel Lowe was hit by a pitch from Carson Fulmer with the bases loaded in the 13th inning, forcing home the winning run as the Texas Rangers outlasted the Los Angeles Angels 3-2ABC News - Sports - MLB -
He Was the $13 Million QB Recruit. Now He's Suing the Boosters Who Never Paid Up.
In a first-of-its-kind lawsuit, quarterback Jaden Rashada accuses University of Florida donors of promising him millions in endorsements that they never intended to pay.The Wall Street Journal - World -
A $13M+ NIL deal gone wrong and an unprecedented lawsuit: What you need to know
Former ESPN 300 QB Jaden Rashada sued Florida over a $13.85 million NIL deal. What's next in this saga? Our reporters break it down.ESPN - Sports -
‘Is this creepy?’ I want to give my 13-year-old daughter her late grandfather’s iPhone. A refurbished model costs $200.
“It could be something to remember him by, as they were close.”MarketWatch - Business -
Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
Buenos Aires metro fare jumps 360% amid Argentina’s harsh austerity measures
Libertarian president Javier Milei has slashed public spending as he wrestles to tame hyperinflation, now at 289% annually. Commuters in Buenos Aires have been hit by an overnight 360% increase in subway fares, in one of the most dramatic price ...The Guardian - World -
Cowboys WR coach expects Jalen Tolbert to make a big jump heading into Year 3
Tolbert has been mostly unproductive through his first two seasonsCBS Sports - Sports - NFL -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
Protesters vow to keep up pressure on Tesla as it expands German gigafactory
Town of Grünheide approved the US automaker’s plan on Thursday to double the capacity of the site, despite opposition. Environmental protesters vowed to keep up the pressure on Tesla after failing to stop plans by Elon Musk’s company from ...The Guardian - World - Tesla -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - World - Tesla -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - Business - Tesla -
Damage Control for Tesla as European Leasing Companies React to Falling Fleet Values
Major car rental firms and leasing firms have complained about Tesla's servicing and repairs for years.Inc. - Business -
Tesla Shareholder Group Calls for Vote Against Musk Pay Package
The letter calls for shareholders to reject the re-election of two directors, Kimbal Musk and James Murdoch.The Wall Street Journal - World - Tesla -
Elon Musk’s Tesla pay package assailed by shareholder group
New York City’s investment chief and other key investors are urging Tesla Inc. shareholders to vote against Chief Executive Elon Musk’s $56 billion pay package and the reelection of board directors Kimbal Musk and James Murdoch.MarketWatch - Business - Tesla -
Steve Jobs' former intern on why college grads should pay $50,000 to work with the best people
Steve Jobs former intern suggests that college grads identify to best people to work for and "then pay them $50,000."CNBC - Business -
Britain's inflation rate could be about to drop below the Bank of England's 2% target
The headline inflation rate could be 'momentous,' but markets remain divided on the chance of a June cut and services will be the one to watch.CNBC - Business - United Kingdom -
Lowe's beats on earnings and revenue, even as consumers spend less on DIY projects
The home improvement retailer Lowe's said sales fell again year over year, and it reiterated its full-year earnings forecast.CNBC - Business -
One dead, 30 injured as Singapore Airlines flight encounters severe turbulence
One person has died aboard a Singapore Airlines flight which was diverted to Bangkok due to turbulence.CNBC - Business -
Macy’s beats earnings estimates, as turnaround plan shows early progress
Macy's beat earnings estimates as the department store operator moves to close about 150 namesake locations and open new Bloomingdale's and Bluemercury stores.CNBC - Business -
Family offices become prime targets for cyber hacks and ransomware
With their large wealth and small staffs, family offices have become lucrative targets for hackers and cybercriminals, experts say.CNBC - Business -
Nvidia is talk of the town at AI events leading into this week’s earnings
As tech companies revealed their latest plans for artificial intelligence in the past week, Nvidia's name has been everywhere.CNBC - Business -
Oil prices drift lower but remain stuck in narrow range as market struggles to find catalysts
U.S. crude oil and global benchmark Brent have traded in a $3 range this month since selling off from April highs.CNBC - Business