Author: elonmusk
TAMPA, Fla. — SES moved to reassure investors about its financial stability Feb. 18 after Moody’s downgraded the Luxembourg-based satellite operator’s outlook from stable to negative.The ratings agency affirmed SES’s Baa3 long-term issuer rating — one notch above non-investment grade — while citing competitive pressures and uncertainty around future revenue streams.In response, SES issued a financial update ahead of its earnings announcement next week, stating that full-year 2024 results are expected to exceed expectations, with revenue at the upper end of its forecasted 1.94-2 billion euro ($2-2.1 billion) range.Adjusted EBITDA, or earnings before interest, taxes, depreciation, and amortization, is also…
Este artículo también está disponible en español. The long-awaited FTX creditor payouts are set to begin today, February 18 after over two years of bankruptcy. This payment, which is the first batch, is targeted towards targeting smaller creditors. Nonetheless, the payout could have a few effects on the crypto industry, especially if creditors receive payouts in crypto. A crypto analyst, Excavo, has shared his perspective on TradingView, highlighting the potential liquidity shifts that could follow FTX’s creditor payouts and the broader implications for Bitcoin and altcoins. FTX Payouts Kick-Off: How Does This Affect The Crypto Market? FTX has confirmed that…
Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021.Luke Sharrett | Bloomberg | Getty ImagesKFC is leaving Kentucky.The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, owner Yum Brands said Tuesday.About 100 KFC U.S. employees will be required to relocate over the next six months.The relocation is part of Yum’s broader plan to have two corporate headquarters: one in Plano, the other in Irvine, California. KFC and Pizza Hut’s global teams are already based in Plano, while Taco Bell and the Habit Burger & Grill’s teams are located in…
WASHINGTON (AP) — A federal judge declined Tuesday to immediately block billionaire Elon Musk and the Department of Government Efficiency from accessing government data systems or participating in worker layoffs. U.S. District Judge Tanya Chutkan found that there are legitimate questions about Musk’s authority, but said there isn’t evidence of the kind of grave legal harm that would justify a temporary restraining order. The decision came in a lawsuit filed by 14 states challenging DOGE’s authority to access sensitive government data. The attorneys general argued that actions taken by Musk at the helm of DOGE can only be taken by…
White House press secretary Karoline Leavitt slammed Democrats’ hypocritical position ahead of DOGE’s Social Security audit. Leavitt defended President Donald Trump and Elon Musk’s objectives on “Hannity” Monday, pointing out that former Presidents Barack Obama and Bill Clinton championed rooting out waste, fraud and abuse of taxpayer dollars.ELON MUSK SAYS MILLIONS IN SOCIAL SECURITY DATABASE ARE BETWEEN AGES OF 100 AND 159KAROLINE LEAVITT: If you just watched that video, but shut your eyes and listen to the words from those Democrat politicians, you would think you are listening to President Trump, Elon Musk and our entire administration, who are saying…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
Tesla will reportedly be opening its initial stores in India in two of the country’s metro centers, coming after years of talks with the U.S. company about bringing its business to the world’s third-largest auto market. Following a meeting between CEO Elon Musk and India Prime Minister Narendra Modi last week, plans for bringing the company’s electric vehicles (EVs) to the country appear to be back on with a number of job listings going live. On Tuesday, a report from Reuters citing sources familiar with the matter said that Tesla has already selected locations for stores in New Delhi and…
Este artículo también está disponible en español. Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. Related Reading The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin and failing to build strong bullish momentum. Some analysts believe that ETH is at a make-or-break level, while others argue that a deeper correction is still possible. Top crypto analyst Ali Martinez shared a technical analysis…
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025.Saul Loeb | Via ReutersDuring Mettler-Toledo’s earnings call Feb. 7, executives found themselves fielding a barrage of questions about one key topic: tariffs.The Ohio-based maker of industrial scales and laboratory equipment had already opened the call by breaking down the expected impact from President Donald Trump’s still-evolving trade policy. But…
A progressive activist group is urging liberals to take advantage of the House of Representatives’ current weeklong recess to stage demonstrations against Elon Musk across the country.Indivisible, an organization founded by former Democratic congressional staffers, published a “tool kit” with recommendations for protesting at town halls and lawmakers’ district offices.A section on how to “take the fight to Elon” includes steps for planning and executing a demonstration at Tesla dealerships, showrooms and factories.”Members of the House of Representatives will be back on your home turf from Friday, February 14th, through Sunday, February 23rd, and it’s our opportunity to remind them…