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Elon Musk should pay $190 million for defamatory 'nuclear bomb,' plaintiff's lawyer says

Elon Musk should pay $190 million for defamatory 'nuclear bomb,' plaintiff's lawyer says

Tesla founder Elon Musk should pay at least $190 million in damages for defaming a British cave explorer in tweets that suggested he was a pedophile and were like a "nuclear bomb," the plaintiff's lawyer said on Friday.



6 years ago
'The Wolf of Wall Street' photo, with the real Jordan Belfort, sells for $200,000

'The Wolf of Wall Street' photo, with the real Jordan Belfort, sells for $200,000

The black-and-white "Wolves of Wall Street I," by famed British photographer David Yarrow, sold at Art Miami for $200,000.

6 years ago
Global stocks rally, dollar gains on robust U.S. jobs data

Global stocks rally, dollar gains on robust U.S. jobs data

The dollar rose and global equity markets soared on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest recession fears and briefly taking the spotlight off contentious U.S.-China trade talks.



6 years ago
Tesla boss Elon Musk wins defamation trial over 'pedo guy' tweet

Tesla boss Elon Musk wins defamation trial over 'pedo guy' tweet

A federal court jury in Los Angeles on Friday found in favor of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.



6 years ago
Tesla Inc boss Elon Musk wins defamation trial over 'pedo guy' tweet

Tesla Inc boss Elon Musk wins defamation trial over 'pedo guy' tweet

A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.



6 years ago
Wall Street climbs on solid jobs data, trade hopes

Wall Street climbs on solid jobs data, trade hopes

Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.



6 years ago
Saudi delivers deeper cuts as OPEC+ oil producers back new pact

Saudi delivers deeper cuts as OPEC+ oil producers back new pact

By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin



6 years ago
FAA proposes fining Boeing $3.9 million for installing defective parts on 737 planes

FAA proposes fining Boeing $3.9 million for installing defective parts on 737 planes

The Federal Aviation Administration (FAA) said Friday it was seeking a $3.9 million fine from Boeing Co for installing defective parts on about 130 737 airplanes.



6 years ago
Elon Musk defamation trial goes to jury after plaintiff's lawyer calls him 'billionaire bully'

Elon Musk defamation trial goes to jury after plaintiff's lawyer calls him 'billionaire bully'

A federal jury in Los Angeles began deliberating on Friday to decide whether Tesla Inc boss Elon Musk defamed a British cave explorer whose lawyer said the "billionaire bully" should pay at least $190 million for branding his client a "pedo guy" on Twitter.



6 years ago
FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes

FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes

The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co , alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes.



6 years ago
Ericsson agrees to pay over $1 billion to resolve U.S. corruption probe

Ericsson agrees to pay over $1 billion to resolve U.S. corruption probe

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve a probe into corruption, including bribing of government officials, over many years in countries including China, Vietnam, and Djibouti, the U.S. Department of Justice said in a statement on Friday.



6 years ago
Amazon websites could be added to USTR's 'Notorious Markets' list: WSJ

Amazon websites could be added to USTR's 'Notorious Markets' list: WSJ

The Trump administration is considering putting some of Amazon.com Inc's overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter.



6 years ago
Wall Street jumps on strong jobs data, trade hopes

Wall Street jumps on strong jobs data, trade hopes

Wall Street advanced on Friday as a robust jobs report and a note of optimism regarding ongoing U.S.-China trade negotiations enticed buyers to the equities market.



6 years ago
If you win the $314 million Mega Millions jackpot, here's what to do first to protect your windfall

If you win the $314 million Mega Millions jackpot, here's what to do first to protect your windfall

There are some steps that winners can take to help prepare them for claiming their prize.

6 years ago
HSBC’s plan to move $20B in assets to blockchain could be a watershed moment

HSBC’s plan to move $20B in assets to blockchain could be a watershed moment

Computerworld | Lucas Mearian | Dec 6, 2019 The investment bank's trust of blockchain is likely to spur confidence in the nascent technology. Investment bank HSBC Holdings is using a blockchain distributed ledger technology (DLT) to digitize transaction records of private investments, enabling clients globally to access the details of their assets online in near

6 years ago