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Musk Postpones India Visit, Citing Heavy Tesla Obligations

Elon Musk postponed his visit to India which would have included a meeting with Prime Minister Narendra Modi, saying he has to deal with “very heavy” obligations at Tesla Inc. read more

OpenAI Slams Musk’s ‘Revisionist History’ in Bid to Toss Lawsuit

OpenAI says Elon Musk’s claim that the company has abandoned its altruistic principles in pursuit of profits is nothing more than “revisionist history” and an effort to boost his competing artificial ... read more

Defense Companies Are Luring Germany’s Struggling Autoworkers

Germany’s automakers are in crisis. Electrification and competition from China are booting thousands of highly skilled workers back onto the job market. Luckily, many are eyeing a sector that can’t ... read more

National Bank CEO Slams Canada’s Capital Gains Tax Increase

The chief executive officer of one of Canada’s largest banks is speaking out against the Trudeau government’s plan to raise taxes on capital gains, arguing it won’t spur investment in the country. read more

Macklem Sees Little Impact of Canada Budget on Fiscal Track

Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget — which offset hefty spending increases with a capital-gains tax hike and higher revenue forecasts — did ... read more

Warning: Banning Smoking Can Endanger Your Political Health

Second, Tory MPs have become wary of badly drafted or ill-defined virtue-signaling laws. In the UK, these are called “Dangerous Dogs Acts” after an unworkable bill that was passed during one moral ... read more

Dubai Floods Expose Weaknesses to a Rapidly Changing Climate

Dubai and the UAE more broadly were unprepared for such a large amount of water falling over such a short period. Drainage systems quickly proved insufficient to absorb the deluge. Underground garages ... read more

Campari New CEO Says Now’s the Time to Boost Aperol in Asia

Davide Campari-Milano NV’s new Chief Executive Officer Matteo Fantacchiotti says he wants to tap the “enormous” potential of the distiller’s popular Aperol beverage, focusing on growth in Asia while ... read more

Sunak Enters Rwanda Migration Plan Endgame With Tories Fearing Fresh Failure

As Rishi Sunak’s flagship migration policy enters its endgame next week, some Conservatives fret the prime minister has left himself exposed by the issue on which he has staked his premiership. read more

Tesla Cuts US Prices by $2,000 as Sales Slow, Inventories Swell

Tesla Inc. cut the price of its best selling Model Y, the Model X and the Model S by $2,000 in the US late Friday after disappointing first-quarter sales pushed up inventory. read more

Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave

Special LP releases, live performances and at least one giant block party are scheduled around the U.S. Saturday as hundreds of shops celebrate Record Store Day during a surge of interest in vinyl and ... read more

Mexico’s AMLO Says Peso Slump ‘Helps’ After Becoming Too Strong

President Andres Manuel Lopez Obrador said the Mexican peso’s recent weakening was a help as the currency had become too strong. read more