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week Quartz highlights Wall Street Journal President Donald Trump Justice Department request Vice President Kamala Musk claimed Tesla President Kamala Harris


Canada wants to slap massive tariffs on Chinese EVs as BYD looks to enter the market

Canada wants to slap massive tariffs on Chinese EVs as BYD looks to enter the market

Canada’s action comes after BYD disclosed it had hired lobbyists to advise on entering the country’s market and met with Canadian dealers about setting up local dealerships, according to Automotive News.


Southwest Airlines changes are too little too late, activist investor Elliott says

Southwest Airlines changes are too little too late, activist investor Elliott says

Last week, Southwest itself noted in a securities filing that it has also started funding digital ads to promote its defensive campaign, which enlisted an op-ed from former United Airlines CEO Oscar Munoz.


The second-largest diamond ever was just uncovered in Botswana

The second-largest diamond ever was just uncovered in Botswana

Lucara’s chief executive William Lamb said that the company invested in the technology after they began to uncover large quantities of smaller diamonds that appeared to resemble “chewed glass.” It became apparent that there were larger gemstones getting damaged during the retrieval process, the New York Times reported.


Walmart and Target are winning the inflation economy’s endgame

Walmart and Target are winning the inflation economy’s endgame

Micahel Zakkour, chief strategist at business consulting firm 5 New Digital, said consumers are currently “looking for better experiences, small luxuries, deals on staples and a bit of travel over big ticket items and projects.”


Americans think they need $2.5 million to be wealthy

Americans think they need $2.5 million to be wealthy

Younger Americans in particular are expecting the costliest retirement, with Gen Z and millennials projecting that they’ll need more than $1.6 million to live comfortably once they’re in their sunset years.


Trump Media stock will ‘go to zero’ if Donald Trump loses the election, expert says

Trump Media stock will ‘go to zero’ if Donald Trump loses the election, expert says

To be sure, Trump Media shares spiked following his debate performance against President Biden in June, and after last month’s assassination attempt at a campaign rally in Pennsylvania.


Lucid has ‘without a doubt’ surpassed Tesla as the EV industry’s tech leader, CEO says

Lucid has ‘without a doubt’ surpassed Tesla as the EV industry’s tech leader, CEO says

In an interview with The Verge at the Pebble Beach Concours d’Elegance, Rawlinson said the first Gravity buyers should get their SUVs by the end of 2024, with full production at the company’s factory in Arizona launching through the beginning of 2025.


Bitcoin miners are scooping up their rivals to survive the Bitcoin halving

Bitcoin miners are scooping up their rivals to survive the Bitcoin halving

In June 2024, Nvidia-backed cloud provider CoreWeave made an all-cash acquisition offer to buy Core Scientific, valuing the company at $1.02 billion, or $5.75 per share.


OCR says Michigan seeking to ‘shield itself’ from scrutiny for Section 504 noncompliance

OCR says Michigan seeking to ‘shield itself’ from scrutiny for Section 504 noncompliance

Board member Tom McMillin, a Republican, supported discussion for an audit, saying, "For some reason, our state refuses to look at compensatory education for special ed students, and how that was swept under the rug during COVID and post-COVID, and many of these kids, unfortunately have aged out of the system.”


The stranded Boeing Starliner astronauts have another problem

The stranded Boeing Starliner astronauts have another problem

An interesting dilemma has cropped up as NASA weighs its options on handling the problem-plagued Boeing Starliner currently docked to the International Space Station.


Supreme Court blocks partial enforcement of final Title IX rule

Supreme Court blocks partial enforcement of final Title IX rule

“I am grateful that the Supreme Court of the United States agreed that no part of the Biden administration’s Title IX rule should go into effect while the case proceeds,” said Tennessee Attorney General Jonathan Skrmetti in a statement on Friday.


Rivian has to stop making electric vans for Amazon

Rivian has to stop making electric vans for Amazon

Rivian Chief Financial Officer Claire McDonough has said the carmaker expects Amazon to take fewer deliveries during the fourth quarter, consistent with the online merchant’s seasonal pattern when it focuses on the holiday sales rush.