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Already the world’s richest man, Elon Musk is defending his proposed $1 trillion Tesla pay package—arguing it’s less about joining the trillionaires club and more about making sure he can’t be sidelined. “I just don’t feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass … Read more
Austin Russell, the billionaire founder of Luminar, has made a bid to acquire the lidar maker five months after he was replaced as CEO following an ethics inquiry. The takeover effort was disclosed in an SEC filing by Russell early Friday morning. It would involve his new company, Russell AI Labs, purchasing 100% of the … Read more
President Donald Trump said Saturday that he would be nominating senior White House aide Lindsey Halligan to serve as the top federal prosecutor for the Virginia office that was thrown into turmoil when its U.S. attorney was pushed out Friday. In a social media post just after he departed the White House for an event at … Read more
French President Emmanuel Macron speaks with the media after a meeting with U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskiy and European leaders, amid negotiations to end the Russian war in Ukraine, at the French Embassy in Washington, D.C., U.S., August 18, 2025. Yves Herman | Reuters France was thrown into further political chaos this … Read more
French Prime Minister Francois Bayrou reacts after the result of a vote on a motion of no-confidence against the French government at the National Assembly in Paris, France, Jan. 16, 2025. Benoit Tessier | Reuters French Prime Minister Francois Bayrou and his centrist minority government were ousted in a confidence vote in France’s National Assembly … Read more
Vinay Prasad, who was recently ousted as the top vaccine and gene therapy regulator at the US Food and Drug Administration, is returning to his role, the Department of Health and Human Services said Saturday. Prasad is returning at the FDA’s request, HHS spokesperson Andrew Nixon said in a written statement. “Neither the White House … Read more
Ty Haney, the woman who brought you exercise dresses, has returned to her athleisure company, Outdoor Voices, as a partner and co-owner ahead of today’s launch of the first collection of her new tenure. “We’re back, baby,” Haney said in a reel posted to OV’s Instagram last week. The original outdoor voice said she started working with OV … Read more
Good morning. Joe Kiani was crushed last September when shareholder activist Quentin Koffey of Politan Capital succeeded in his two-year battle to push Kiani off the board of Masimo, a med-tech company that he founded and built over 36 years. When Kiani quit as CEO, I presumed the billionaire entrepreneur would focus on pursuits away … Read more
The Andrew W. Mellon Foundation exclusively told The Associated Press that Carla Hayden will join the humanities grantmaker Monday as a senior fellow whose duties will include advising on efforts to advance public knowledge through libraries and archives. The year-long post places Hayden back at the center of the very debates over American culture that … Read more
Bob Bakish, the chief executive who was ousted by Paramount in April 2024 in the midst of contentious takeover battle, was reportedly given $69.3 million in severance, new SEC filings show. According to the agreement—signed April 29, 2024 but filed in an 8-K with the SEC on April 25—Bakish received $6.2 million in salary continuation, … Read more
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