Elon Musk’s Tesla tweets could cost him billions more — in court
Lawyers for the shareholders will try to show jurors that Musk lied in the statement, and that it caused them deep losses from wild stock price swings over a 10-day...
All Stories
Pfizer bivalent COVID vaccine investigated for possible link to strokes
(Bloomberg) -- Pfizer Inc.’s bivalent shot for Covid-19 has shown a potential link to stroke in people 65 and older, according to US health officials citing preliminary data from one...
Gas or electric? Talk of a stove ban sparks debate about which cooks better
For most home chefs forced to choose between gas ranges that heat quickly or electric-coil stoves that are inefficient and ugly, the answer is simple: gas. But there’s a third option: induction...
El Niño’s chances of replacing milder La Niña are shrinking
There’s a 39% chance that El Nino — a warming of the Pacific Ocean that can shut down the Atlantic hurricane season — will arrive between June and August, according...
Chickens starve at California farm as corn shipments run late
Foster Farms, which processes about 1 million chickens and 12,000 turkeys every day, has said it’s had to pause some operations because of delays from Union Pacific Corp., the second-largest...
California storm losses estimated at more than $30 billion
California’s flooding rains and heavy snows that killed at least 17 people have likely caused more than $30 billion in damages and economic losses, according to AccuWeather.
Tesla falters in bid to kill California’s workplace racism suit
Tesla Inc. has failed to derail a suit by the California Civil Rights Department accusing the company of engaging in a pattern of racial harassment and bias at its main...
US Climate disasters in 2022 responsible for 474 deaths and $165 billion in damages
Billion-dollar disasters are the new normal in the US and the rest of the world. That’s because people continue to move and build in risky areas — and the risk...
Calpers makes $1 billion bet on small funds as new CIO reshapes pension
Calpers Chief Investment Officer Nicole Musicco has made a push for the $449 billion pension fund to invest directly in companies and bypass private equity giants.
Moderna’s Bancel Prepares for Transition Year as COVID Vaccine Sales Wane
(Bloomberg) -- Moderna Inc. is looking for potential approval of two new vaccines this year to help compensate for waning sales of its Covid-19 shot, according to Chief Executive Officer...