A Florida pension fund has sued Elon Musk and Twitter Inc in an attempt to stop Musk from completing his $44 billion acquisition of the social media company before 2025. The Orlando Police Pension Fund has launched a proposed class action… Read More ›
In a statement, the mayor of Florida said, Elon Musk’s Boring Company has submitted a bid to build an underground transit system between downtown and the beach in Fort Lauderdale. “This could be a truly innovative way to reduce traffic… Read More ›
Early on Wednesday, U.S. stock futures jumped with U.S. President Donald Trump leading his Democratic rival Joe Biden in Florida and in other crucial swing states, which play a pivotal and deciding role in the election. Extending its rally on… Read More ›
The combined loss of insurance from both hurricanes is in the range of $45 billion to $75 billion. According to Hiscox Ltd, the underwriter for Lloyd’s of London, insurance premium for properties are likely to move upwards in states such… Read More ›
With Germany-based Aldi quickly gaining market share in the highly competitive U.S. groceries market, Wal-Mart, the pioneer and king of low prices is feeling threatened and has high stakes in this price war. According to sources familiar with Wal-Mart Stores… Read More ›
The move comes midst Federal safety regulators probing Tesla’s Autopilot’s role in a fatal crash in Florida in 2016. Tesla has mentioned in a blog post that it has hired a software engineer from Apple Inc to oversee its efforts… Read More ›
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