Elon Musk says Tesla-SpaceX merger is being considered – BBC News Africa
Elon Musk says Tesla-SpaceX merger is on the cards BBC Musk says Tesla and SpaceX formed special committees to discuss merger: live updates CNBC SpaceX profits beat estimates on sharp rise in revenue from AI business Bloomberg.com Tesla and SpaceX have…
Homebuyers Gain Leverage as Mortgage Rates Top 7% This Fall
Dagen McDowell warns that the new cost-of-living adjustment will accelerate the Social Security budget crisis. It details how retirees will face a looming 22% reduction in their benefits by 2032 due to the collapse of the worker-to-retiree ratio. Rising…
Elon Musk’s SpaceX posts first profit since IPO
SpaceX, the rocket and artificial intelligence company led by Elon Musk, was profitable in the third quarter of this year, reversing the company’s previous losses and putting it on a trajectory to potentially deliver on the promises Musk made when…
Beijing opposes US sanctions on companies linked to former Google employee
WASHINGTON (AP) — Beijing expressed “strong opposition” Tuesday to the Trump administration’s sanctions against five Chinese companies linked to a former Google engineer accused of intellectual property theft. The move “seriously undermines the…
Mamdani’s proposal targets AI customer service ‘Doom loops’ (1)
New York City wants to force companies to inform consumers when they interact with artificial intelligence and other computerized systems, as part of a proposal to reduce customer service “doom loops.” The city’s Department of Consumer…
Netflix third quarter 2026 results: the streamer won’t miss its ad sales target for the year
Netflix’s third-quarter 2026 earnings met revenue expectations and slightly exceeded the bottom line. But the streamer faces an urgent need to refresh its lineup: Revenue growth during the period has slowed to its lowest rate in three years, and…
Walmart & Sam’s Club Combining Memberships
BENTONVILLE, Ark. — Walmart+ and Sam’s Club Plus are combining their memberships. New members can pay $120 per year to get the combined membership. In a press release, Walmart says that’s nearly $100 less than members previously paid for…
Amazon to hire more than 300,000 workers for the holiday season
FOX Business host Charles Payne discusses the race for artificial intelligence and Meta’s new AI, “Muse,” on “Making Money.” Amazon announced Tuesday that it would hire more than 300,000 workers in the United States for the…
SpaceX and Tesla considering merger, confirms Elon Musk
Driving the news: Musk said during SpaceX’s earnings conference call that the two companies had formed committees of independent directors to explore the possibility of a deal. “Because I’m a conflicting party, I can’t really…
SpaceX and Tesla boards form special committees to review merger
The boards of SpaceX and Tesla have each formed special committees to consider a possible merger. The special committees, made up of independent directors, were created at the request of shareholders, according to Elon Musk, CEO and largest individual…