At least 5 companies under Elon Musk’s control billed each other around $9 million in expenses

Tesla this week offered a slew of new information to investors ahead of its June annual shareholder meeting, including a rundown of various expenses that Elon Musk’s businesses billed each other. Among the companies where he serves as an executive, director or major stockholder, the total amount incurred from one another came to $9.1 million …

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Tesla cuts some EV prices to cheapest levels ever amid weak sales and swelling inventory

Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2,000 after disappointing first-quarter sales contributed to swelling inventory. The cheapest version of the Model Y is now $42,990 in the US, returning the sport utility vehicle’s starting price to the lowest it’s been. Tesla also discounted the …

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Bitcoin’s latest halving is now complete. Here’s what could happen next

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely. The once-every-four-years event cut in half the so-called mining reward, which is the amount of Bitcoin released from the network to compensate companies …

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Cannabis CEOs make over $400,000 on average, while edibles chefs make $46,000. Here’s how weed world pay breaks down

It’s 4/20, the happiest day of the year for weed enthusiasts. And while legalized pot isn’t exactly the head-turning event it was a few years ago, it’s quickly growing into an economic force. The legal marijuana market is expected to see sales of more than $31 billion this year, according to the consulting firm Whitney …

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AI is shaking up how sports like rugby, soccer and cricket are played—and it could soon mint big money for sports clubs

Leicester Tigers, an English rugby team, finished at the bottom of the sport’s Premiership in 2019, just about missing relegation. That’s when the club turned to AI to rate player performance and model how different actions would impact the club’s win probability. There’s been no turning back since. The team won the 2022 Premiership, topping …

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Uber and authorities are probing hoax calls made to an 81-year old man that led to a female driver’s death

Uber is helping investigators look into an account that sent a driver to the Ohio home where an 81-year-old man allegedly shot the woman to death because he erroneously believed she was part of a scam that targeted him, the ride-hailing company said Wednesday. The March 25 shooting death of Loletha Hall is “a horrific …

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Golden-goodbye payouts on Wall Street could be at risk under resurrected Financial-Crisis era rule

U.S. financial watchdogs plan to take another crack at regulating Wall Street executives’ pay — an outstanding requirement of the 2010 Dodd-Frank Act that has repeatedly failed to materialize. The Federal Deposit Insurance Corp. aims to vote on a measure in coming weeks, according to people with knowledge of the initiative, who asked not to …

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Your reusable water bottle may be a breeding ground for strep and fecal bacteria. Here’s how to keep it clean

Like many people, Carl Behnke regularly totes a water bottle around throughout his day. From the office to the gym and back home again, Behnke is rarely without it. But Behnke is also an associate professor in the school of hospitality and tourism management at Purdue University, and when he discovered a “biofilm” on the …

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A Colorado Rockies coach visited the cockpit of a United flight while at 35,000 feet. Now the FAA is investigating

Federal transportation officials are investigating an unauthorized inflight cockpit visit by a coach for the Colorado Rockies baseball team during a United Airlines charter flight last week from Denver to Toronto. Video surfaced this week that appears to show Rockies hitting coach Hensley Meulens sitting in a pilot’s seat while the April 10 flight was at cruising …

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