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SpaceX Fires Employees Over Letter Critical of CEO Musk

SpaceX has fired “a number of employees” responsible for an open letter critical of the behavior of Chief Executive Officer Elon Musk, according to an internal memo, an unusual clash hinting at growin..

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How Gunmakers May Benefit From Mass Shootings

Mass shootings are becoming more common in America. Five years ago there were 358 such incidents, which are generally defined as shootings in which four or more people not including the shooter are in..

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CEOs Make the Business Case for Gun Control in Letter Calling for ‘Urgent Action’

The CEOs of more than 250 companies including Levi Strauss & Co., Dick’s Sporting Goods, Patagonia and Unilever have cosigned a letter urging the U.S. Senate to take immediate action to address what t..

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Investors Are Finally Pushing Back on Massive CEO Pay Hikes

Excessive CEO pay is coming under threat. Workers at large companies are speaking out against big CEO pay raises while investors at roughly two dozen major U.S. companies have rejected generous execut..

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Sheryl Sandberg Is Stepping Down as Meta’s COO After 14 Years

Meta Platforms Inc.’s Sheryl Sandberg, who became one of the most recognized figures in global business after helping Facebook transform from a startup into a multibillion-dollar advertising powerhous..

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Twitter Shareholders Meet Amid Elon Musk’s Takeover Drama

Twitter’s regularly scheduled shareholder meeting Wednesday didn’t include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform. That vote will take place at a yet-undetermi..

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Social Media Hammered by Mounting Questions Over Advertising

Social media has had a rough 2022 with lingering questions about advertising spending, political ads and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Mus..

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Musk Denies Sexual Misconduct Allegation by Flight Attendant

NEW YORK — Tesla and SpaceX CEO Elon Musk has denied a claim of sexual misconduct by a flight attendant contracted by SpaceX who worked on his private jet in 2016.

A report by Business Insider said S..

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Elon Musk Says Twitter Must Prove Bot Claims for $44B Deal to Proceed

Elon Musk declared he won’t proceed with his $44 billion takeover of Twitter Inc. unless the social media giant can prove bots make up fewer than 5% of its users, casting yet more uncertainty over the..

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Twitter to Freeze Hiring, Rescind Offers Ahead of Musk Deal

Twitter Inc. Chief Executive Officer Parag Agrawal announced a hiring freeze and other cost-cutting efforts on Thursday, a reflection of the company’s state of uncertainty while it awaits Elon Musk’s ..