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Hawaii Utility Soars After Pointing Blame for Fire at County
Hawaii Utility Soars After Pointing Blame for Fire at County
Hawaiian Electric Industries Inc. soared after the utility pushed back against a lawsuit filed by Maui County that
2023-08-29 02:56
New Zealand’s Economy Grew More Than Expected in Second Quarter
New Zealand’s Economy Grew More Than Expected in Second Quarter
New Zealand’s economy grew more than twice as much as economists expected in the second quarter, while a
2023-09-21 09:21
Iberdrola First Half Earnings Meet Estimates as Hydro Recovers
Iberdrola First Half Earnings Meet Estimates as Hydro Recovers
Spanish renewable energy giant Iberdrola SA reported first-half earnings that met analyst estimates, driven by the recovery of
2023-07-27 14:46
Canada says will join as third party in US-Mexico dispute over GM corn imports
Canada says will join as third party in US-Mexico dispute over GM corn imports
Canada said on Friday it will participate as a third party in the dispute settlement proceedings between the
2023-08-25 12:27
Dollar takes a beating as traders see US rates peaking
Dollar takes a beating as traders see US rates peaking
By Tom Westbrook SINGAPORE A bruised dollar was nudged lower still in Asia on Thursday, as traders took
2023-07-13 09:16
How to Boost EV Sales? Pay Drivers to Turn in Old Polluting Cars
How to Boost EV Sales? Pay Drivers to Turn in Old Polluting Cars
Colorado drivers bought 9,446 electric vehicles in the most recent quarter, but Carrie Atiyeh is particularly psyched about
2023-11-20 20:59
Canadian publishers seek antitrust probe of Meta blocking news
Canadian publishers seek antitrust probe of Meta blocking news
OTTAWA (Reuters) -Canadian news industry groups on Tuesday asked the country's antitrust regulator to investigate Meta Platforms' decision to block
2023-08-08 23:24
US Credit Rating Downgraded From AAA by Fitch 
US Credit Rating Downgraded From AAA by Fitch 
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 07:45
Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin
2023-10-24 14:48
Elon Musk calls working from home ‘morally wrong’
Elon Musk calls working from home ‘morally wrong’
Elon Musk faced backlash for arguing that people who worked from home were “morally wrong” because it was unfair to those who could not work remotely. In an interview with CNBC’s David Faber on Tuesday, Mr Musk described the people working remotely as “laptop classes”, saying that the issue extended beyond productivity concerns. He likened the concept of working from home to a quote often attributed to Marie Antoinette, the last queen of France before the French Revolution. “I think that the whole notion of work from home is a bit like the fake Marie Antoinette quote, ‘Let them eat cake’,” Mr Musk said. “It’s not just a productivity thing. I think it’s morally wrong.” Mr Musk criticised the hypocrisy of expecting service industry workers to go to work while others had the privilege of working from home. “Get off the goddamn moral high horse with the work-from-home bulls**t,” he said. “People building the cars, servicing the cars, building houses, fixing houses, making the food, making all the things that people consume. It’s messed up to assume that, yes, they have to go to work, but you don’t” he said. “It’s not just a productivity thing, I think it’s morally wrong.” The tech mogul has been a fierce advocate of return-to-office policies. He imposed a strict policy in Tesla in June 2022, warning employees that they would lose their jobs if they did not comply. The policy required employees to spend a minimum of 40 hours in the office a week and anything less would be “phoning it in”. “The laptop class is living in la-la land,” he said. Mr Musk’s comments on work-from-home culture generated a divided response on the internet, with many lashing out at him. “Being one of the world’s richest man, @elonmusk sounded tone deaf when he himself expects ppl to eat cake rather than share his wealth. @davidfaber just sounds like a boomer with his ‘productivity’ whining. Ppl are as productive and engaged working from home - if not more,” a Twitter user said. Another user, Lora Kolodny, pointed to another CNBC report which said Tesla will carve out deals for “exceptional” employees amid the company’s hardline policy to return to work. The report, which cited sources, said Tesla was struggling to bring all its employees back to the office due to a lack of resources. “Uhhh - REALLY!? Because as far as I know, Tesla and Twitter under Musk’s management will grant ‘exceptional’ employees right to work from home. Memba this?” Ms Kolodny said. In the hour-long interview, Mr Musk also said he did not care for the consequences of his unfiltered and unabashed views on Twitter even if it meant incurring financial losses. “I’ll say what I want to say, and if the consequence of that is losing money, so be it,” he said. He added that Twitter will attempt to rehire some of its staff after dramatically firing employees following his controversial takeover of the microblogging platform. He acknowledged that the job cuts were too deep. “Desperate times call for desperate measures… Unfortunately, if you do it fast, there are some babies who will be thrown out,” Mr Musk said, adding there is a possibility of rehiring people who were let go. Read More Lawsuit filed against Twitter, Saudi Arabia; claims acts of transnational repression committed Elon Musk subpoenaed by US Virgin Islands in Jeffrey Epstein lawsuit Linda Yaccarino: How Elon Musk may have hired his biggest critic to head Twitter AI pioneer warns UK is failing to protect against ‘existential threat’ of machines Elon Musk announces Linda Yaccarino as new CEO of Twitter How Elon Musk may have hired his biggest critic
2023-05-17 13:55
JPMorgan says one deposition of Jamie Dimon in Epstein case is enough
JPMorgan says one deposition of Jamie Dimon in Epstein case is enough
By Jonathan Stempel NEW YORK JPMorgan Chase urged a federal judge to reject the U.S. Virgin Islands' demand
2023-06-16 06:18
Environmental group suffers setback in legal fight to close California's last nuclear power plant
Environmental group suffers setback in legal fight to close California's last nuclear power plant
A California judge is rejecting an environmental group’s lawsuit that sought to block the state's largest utility from seeking to extend the operating life of the Diablo Canyon Nuclear Power Plant
2023-08-25 04:46