Finance

The Crackdown on Elon Musk’s Pay Has Backfired Spectacularly

There are some hard lessons to take from Tesla’s stunning new $1 trillion pay plan for Elon Musk. I’m not here to judge whether this compensation proposal is good or bad, or too high or too low. Tesla shareholders will decide that in November. As a journalist, my job is to report what happens and... Read More

Finance

September 5, 2025

ICE Detains 475 Workers at Hyundai-LG Plant

Nearly 500 workers were detained late Thursday at a new Hyundai-LG battery facility in Georgia in an immigration raid. The raid was part of an ongoing criminal investigation into allegations of unlawful employment practices and other federal crimes, an official for the Department of Homeland Security told Business Insider. “This, in fact, was the largest... Read More

Finance

September 5, 2025

Meta Hires Contractors to Build AI Chatbot Characters in Key Markets

Meta is hiring US-based contractors to work with locals in key growth markets like India, Indonesia, and Mexico to develop characters for its AI-powered chatbots. The company is paying up to $55 an hour for workers fluent in Hindi, Indonesian, Spanish, and Portuguese, according to job descriptions for at least four roles posted this year... Read More

Finance

September 5, 2025

Judge Dismisses Newsmax’s ‘Shotgun’ Lawsuit Against Fox News

A Florida federal judge on Friday threw out right-wing cable news outlet Newsmax’s antitrust lawsuit against rival Fox News on procedural grounds, calling the complaint a “shotgun pleading.” US District Judge Aileen Cannon dismissed the lawsuit just two days after Newsmax filed it against the cable news giant and its parent company, Fox Corp. Newsmax... Read More

Finance