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Elon Musk Fumes as Judge Takes His $55 Billion

A Delaware judge has voided Tesla CEO Elon Musk's gargantuan $55 billion pay package following ... have a ripple effect on his other ventures, including SpaceX and his online echo chamber X ... read more

Big Tech Has a Big Cash Problem

Apple, Amazon, Microsoft and ... was a little past $55 billion for the same period. That is an awful lot of capital to have to put to work. And doing so effectively has become an even bigger ... read more

California audit finds state is broke: $55 billion more owed than available

After accounting for restricted resources, such as purpose-specific state trust funds and bonds, the state still owed $55 ... has responded with a proposal to cut this year’s budget by $2.1 ... read more

Xiaomi’s new electric car boosts its market value by $4 billion

At the day’s highest, the company had a valuation of $55 billion at a share ... signs of success, Xiaomi says that it expects to take a financial hit on the new SU7, with analysts saying that ... read more

LeBron James’ Lobos 1707 Partners With Bono’s Red On New Bottle

Lobos 1707 Tequila & Mezcal launched a new ... partners.” Lobos 1707 isn’t the first alcohol brand to work with (RED), but it is the first tequila. Lotito says that previously the group has ... read more

Frontier Just Added Service to a Dozen New Cities Across the U.S. — and Has $19 Flights to Celebrate

The sale also includes several blackout dates, including ... Airlines Sale Has Flights to Major U.S Cities for As Low As $55 — and It Ends Tomorrow Breeze Is Celebrating 2 New Routes to Florida ... read more

Gannett announces new cuts including mandatory unpaid leave and buyouts

The company also has paused overall ... with more than $1 billion in debt from its merger with GateHouse in 2019. Earlier this month, Gannett reported it had paid down $55 million of that debt ... read more

Inside the Fight over Michael Jackson's $2 Billion Estate — and His Mom's Battle with Her Grandson Bigi

Lester Cohen/WireImage However, since that's been unsuccessful, he announced that a new judge will ... close to the estate says that she has received more than $55 million since the singer's ... read more

Carrie Underwood says country music has 'broadened itself': 'There really is something for everybody now’

She thrived in those musical intersections and dabbled in new sounds before releasing 2022’s Denim & Rhinestones, marking her return to country. Country music, Underwood says, has embraced a ... read more

Trudeau announces $15B more for apartment construction loans

We're there to be partners ... of over 131,000 new rental units across Canada by 2031-32. The government says that since its launch in 2017, ACLP has committed over $18 billion in loans to ... read more

Taxes Slash $2 Billion Roundup Weedkiller Verdict To $27.5 Million

Opinions expressed by Forbes Contributors are their own. I focus on taxes and litigation. If the lawsuit concerns a plaintiffs’ trade or business, the legal fees are a business expense. If the ... read more

Xiaomi's EV launch propels market value by $4 billion, near GM and Ford

opens new tab surged ... of its $37.5 billion revenue from selling smartphones, has already produced 5,000 SU7 vehicles it dubbed the "Founder's Edition" that it says come with additional ... read more