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Justice Department Probe Scrutinizes Elon Musk Perks at Tesla Going Back Years
Business

Justice Department Probe Scrutinizes Elon Musk Perks at Tesla Going Back Years

Federal prosecutors are scrutinizing personal benefits Tesla may have provided Elon Musk since 2017—longer than previously known—as part of a criminal investigation examining issues including

San Francisco Office Market Shows Signs of Life
Business

San Francisco Office Market Shows Signs of Life

Sales are slowly materializing as some sellers are finally accepting much lower prices. Source link

$20 Billion Paper Powerhouse to Be Formed by Merger
Business

$20 Billion Paper Powerhouse to Be Formed by Merger

Smurfit Kappa and WestRock said they reached a tie-up agreement. Tony Smurfit will be CEO of the combined company. Source link

A Mall Owner’s About-Face: Bet on America’s High-End Malls
Business

A Mall Owner’s About-Face: Bet on America’s High-End Malls

Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan

OpenAI Launches Business Version of ChatGPT
Business

OpenAI Launches Business Version of ChatGPT

The new product puts the startup in direct competition with Microsoft, its largest backer and partner. Source link

Heineken Sells Russia Business…for $1
Business

Heineken Sells Russia Business…for $1

The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. Source link

China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
Business

China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring

China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts, as the embattled property developer

Dubai Automaker to Pump Cash Into China Evergrande's EV Business
Business

Dubai Automaker to Pump Cash Into China Evergrande's EV Business

The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link

Tesla's New CFO Is Known as VT. The Rest Is a Mystery.
Business

Tesla's New CFO Is Known as VT. The Rest Is a Mystery.

Vaibhav Taneja came up through the accounting ranks of SolarCity and the EV maker. Source link