Business

EXPLAINER: What is Musk really doing as he guns for Twitter?

Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms "free speech." But his offer, which seemed to fall flat with investors on Thursday, raises ...

Automotive

Ford unveils venture with chip company to boost supply

Ford announced Thursday a "strategic collaboration" with chip company GlobalFoundries to bolster its supply of semiconductors as the automaker grapples with a global shortage of the crucial components.

Business

Musk offers $6B if UN shows how it will solve world hunger

Elon Musk, the richest person in the world, says he will sell $6 billion worth of Tesla stock and donate the proceeds to the United Nations' food agency if it could show how the money would solve world hunger.

Business

Washington state eyes 'billionaire tax' on the ultra rich

Washington state's richest residents—including Jeff Bezos and Bill Gates—would pay a wealth tax on some financial assets under a bill proposed by a lawmaker who says she is seeking a fair tax code at a time when so many ...

Business

Elon Musk now world's second wealthiest person

Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Bill Gates to become the world's second richest person, according to the Bloomberg list of billionaires.

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