The federal agency responsible for traffic safety, which has been investigating whether self-driving technology in Tesla vehicles played a role in the death of a pedestrian, laid off 4 percent of its employees on Feb. 14, a Transportation Department spokesperson said Saturday. The traffic safety agency did not say whether any of its fired employees … Read more
Decades ago, John Glover, a lawyer then in his early 30s with a wife and two children, found himself standing in a bank lobby trying to figure out how he could stretch what little remained in his account to cover his expenses. Foreclosure loomed. He wanted to float a check, write it and worry about … Read more
Andrew Rackstraw has lived in Marlow, a small, wealthy town on the River Thames about 30 miles west of London, for nearly three decades. Its main streets are dotted with luxury boutiques, high-end cafes and stores like Saddle Safari, Mr. Rackstraw’s bike shop. With a population of about 14,000, Marlow also has a plush cinema … Read more
A private company is aiming to heave a microwave oven-size spacecraft toward an asteroid later this week, its goal to kick off a future where precious metals are mined around the solar system to create vast fortunes on Earth. “If this works out, this will probably be the biggest business ever conceived of,” said Matt … Read more
Joy Reid’s evening news show on MSNBC is being canceled, part of a far-reaching programming overhaul orchestrated by Rebecca Kutler, the network’s new president, two people familiar with the changes said. The final episode of Ms. Reid’s 7 p.m. show, “The ReidOut,” is planned for sometime this week, according to the people, who were not … Read more
Just a few minutes’ walk from a metro station in the northeast corner of Vienna, you might think that you were in Texas: A drilling rig more than 130 feet high looms over open land. Instead of oil, though, the wells will pump close to 1.7 million gallons a day of hot water from deep … Read more
Kremlin officials are dangling the prospect of lucrative investment deals for American energy companies, apparently seeking to convince President Trump that large economic gains could come from siding with Moscow in ending the war in Ukraine and scrapping economic sanctions on Russia. There is no doubt that Russia has vast troves of oil and natural … Read more
Elon Musk, the chief executive of Tesla, has long tried to crack into the Indian automobile market and has confronted trade barriers that made that hard to do. Now, when Mr. Musk holds a position of power in the U.S. government as an aide to President Trump, there are signs that Tesla is making … Read more
Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about a traditionally staid investment: Treasury bills. The cash stockpile held by Berkshire Hathaway, his sprawling multinational conglomerate, rose past $334 billion at the end of last year, including $286 billion in short-term Treasuries. The … Read more
And while the two were both politically conservative, Welch was more of a country-club Republican, partial to golf and no fan — at least earlier on — of Donald Trump. While a savvy political operator, Welch was unlikely to have decamped to Mar-a-Lago to personally and intensely cozy up to the president-elect, as Musk did. … Read more