The chief executive of JD Sports Fashion has told Sky News he sees further price increases ahead following a year of record profits for the retailer. The company, which has not been immune from the energy-led surge in costs linked to the war in Ukraine, reported profit before tax and exceptional items of £991.4m for
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May 16, 2023, 09:42 AM ET The NFL’s newly installed Black Friday game has become a hot commodity, according to league executive Mike North, who said the New York Jets were one of multiple teams that “raised their hand” to host the game on an annual basis. North discussed several schedule-related topics during a recent
Seth Wickersham Close Seth Wickersham ESPN Senior Writer Senior Writer for ESPN.com and ESPN The Magazine Joined ESPN The Magazine after graduating from the University of Missouri. Although he primarily covers the NFL, his assignments also have taken him to the Athens Olympics, the World Series, the NCAA tournament and the NHL and NBA playoffs.
Tesla co-founder and former CTO JB Straubel is officially joining the company’s board of directors following a shareholder vote. JB Straubel was a co-founder at Tesla and the company’s longtime chief technology officer until he left in 2019 to launch Redwood Materials, which is helping create a North American battery supply chain. After Elon Musk, Straubel
Tesla gave an update on its humanoid robot program, which is known as Tesla Bot or Optimus. New images of prototypes were quite impressive – making the project look less like a sideshow and increasingly like a potentially real product. When Elon Musk first announced the Tesla Bot, many laughed it off as a sideshow
Associated Press May 16, 2023, 06:23 PM ET TORONTO — New York Yankees slugger Aaron Judge doesn’t appreciate being branded a potential cheater after he took a sideways peek before hitting a 462-foot home run in Toronto. “I’ve got some choice words about that, but I’m just going to keep that off the record,” Judge
Elon Musk told CNBC’s David Faber on Tuesday that he doesn’t care if his inflammatory tweets scare advertisers away from Twitter. “I’ll say what I want, and if the consequence of that is losing money, so be it,” said Musk, who owns Twitter. Musk replied defensively as Faber pressed him over a tweet Monday night
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk claimed on Tuesday he is “the reason that OpenAI exists,” citing his past investment in the entity, and that Microsoft exerts control over the AI company, an assertion strongly denied by Microsoft CEO Satya Nadella. “I came up with the name,”
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., during the Google I/O Developers Conference in Mountain View, California, on Wednesday, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google’s new large language model, which the company announced last week, uses almost five
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla’s 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on: How he has managed a takeover of
Despite plans to scale back in the region, Ford is planning to use the market in China as a “listening post” to help the automaker better understand EV battery tech. According to CEO Jim Farley, speaking with the Financial Times, Ford will use a concentrated approach in China amid growing competition from domestic EV makers.
Tesla has teased its next electric car with a new image of the silhouette, and Elon Musk says it is already being built. Today, Tesla held its annual shareholder meeting. While CEO Elon Musk said that the meeting was not the right place to make a new product announcement, he still decided to tease Tesla’s
Tesla CEO Elon Musk said that the company is going to “try advertising” after years of resisting the idea and even saying that he “hates advertising.” For years, Musk has famously said that he despises advertising. He said that Tesla doesn’t pay or provide discounts for celebrities to drive its cars and that the automaker
Tesla is planning to finish the design and engineering of the next-generation Tesla Roadster by the end of this year and “hopefully” put the vehicle into production next year, according to CEO Elon Musk at Tesla’s shareholder meeting today. The next-generation Roadster was originally announced by surprise in 2017 at the Tesla Semi Unveiling event.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk said in an interview with CNBC’s David Faber on Tuesday that he believes the Fed was too slow to increase rates, and it will likely be too slow to lower them in the coming months. “My concern with the way the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Silicon Valley “laptop classes” need to get off their “moral high horse” with their “work-from-home bulls***,” Tesla CEO Elon Musk told CNBC’s David Faber in a Tuesday interview. Musk was discussing return-to-office imperatives that have caused significant concern among tech workers in Silicon Valley and
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Inc. Gigafactory stands in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Tesla CEO Elon Musk said Tuesday that people ought to be worried about tension between the U.S. and China. The comments come a year after
Tesla (TSLA) is holding its annual Shareholders Meeting at 4PM ET today and here you can find all the news coming out of the event. You can watch the live stream of the event below. Like every public company, Tesla has to hold an annual shareholder’s meeting where shareholders vote on some items like director
The US House of Representatives and Senate voted to restore tariffs on solar panels made in four Southeast Asian countries. President Joe Biden just vetoed that legislation. And good thing, because that legislation would have seriously injured the young US solar industry. May 16: President Joe Biden has vetoed legislation passed by the US Senate
President Joe Biden will cut a trip to Asia and Australia short to deal with the impending debt crisis in the US. The 80-year-old has cancelled stops in Australia and Papua New Guinea and will return to the US after the G7 summit in Japan. He will attend the three-day summit that starts on Friday