Author: Press Room

Tesla charging stations were set ablaze near Boston on Monday. Shots were fired at a Tesla dealership in Oregon after midnight on Thursday. Arrests were made at a nonviolent protest at a Tesla dealership in Lower Manhattan on Saturday.The electric car company Tesla increasingly found itself in police blotters across the country this week, more than seven weeks after President Trump’s second inauguration swept Tesla’s chief executive, Elon Musk, into the administration as a senior adviser to the president.Mr. Musk, 53, is drawing increasing backlash for his sweeping cuts to federal agencies, a result of the newly formed cost-cutting initiative…

Two murder suspects who allegedly killed a good Samaritan in Los Angeles County while he was attempting to stop them from stealing his neighbor’s catalytic converter were in the country illegally and have lengthy criminal records, Fox News has learned. Wilber Alberto Rabanales and Jose Christian Saravia Sanchez were arrested by police in the Los Angeles suburb of Inglewood Thursday for the Feb. 25 murder of Juan Miguel Sanchez. The incident was caught on surveillance video. BORDER STATE LAWMAKER REVEALS WHAT ‘DRASTIC’ CHANGES CAN BE SOLIDIFIED WITH MAJOR CONGRESSIONAL ACTION Jose Christian Saravia Sanchez, left, and Wilber Alberto Rabanales were arrested by police…

A long-awaited Reserve Bank of Australia rate cut should boost consumer and business sentiment in two surveys from February due out this week.

Senior Trump administration officials attended an event on Thursday celebrating the $18bn expansion of an LNG export terminal by Venture Global, the upstart producer lauded as a harbinger of renewed US energy dominance. But just as energy secretary Chris Wright praised chief executive Mike Sabel as a “great, bold founding CEO” in his speech at the Plaquemines terminal on Louisiana’s gulf coast, investors were dumping Venture Global stock. Venture Global shares lost 36 per cent of their value by close of trading. The company released surprising results showing slowing sales and export volume, lower than expected profits, diminished forward guidance…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hedge fund Elliott Management has taken a €670mn short position in French energy major TotalEnergies according to regulatory filings, as the US activist firm agitates for change at rival BP. The bet, worth 0.52 per cent of TotalEnergies’ stock, was taken on Thursday and publicly disclosed by the French markets regulator on Friday. Elliott’s move came after it took a stake of almost 5 per cent in struggling UK oil major BP in February, worth almost £3.8bn, where it is pushing for…

Iran’s supreme leader decried “bullying governments” and bristled on Saturday at the idea of negotiating over the country’s nuclear program with the United States in an apparent response to a letter sent by President Trump earlier in the week.Ayatollah Ali Khamenei, the leader, indirectly addressed Mr. Trump’s suggestion that Iran negotiate over its rapidly advancing nuclear program or face potential military action, while speaking at a meeting with government and military officials for Ramadan. Though he did not explicitly mention the letter, Mr. Trump or even the United States by name, it was clear he was speaking about Washington’s recent…

Seattle’s Democratic mayor this week proposed a city ordinance that would strengthen protections for those seeking transgender care and surgeries, while calling out the Trump administration’s “hateful, dangerous and discriminatory attacks” against the LGBTQ+ community. Mayor Bruce Harrell campaigned as a moderate before his win in 2021, pushing public safety and helping local businesses, according to The Seattle Times, although he has expressed support for transgender care previously. Harrell was elected following riots in the city after George Floyd’s death and the deadly Capitol Hill Autonomous Zone that, along with the pandemic, devastated parts of the downtown area. Harrell “symbolized a shift toward…

The Trump Administration’s abrupt withdrawal of $400 million in federal funding from Columbia University cast a pall over at least nine other campuses worried they could be next.The schools, a mix that includes both public universities and Ivy League institutions, have been placed on an official administration list of schools the Department of Justice said may have failed to protect Jewish students and faculty.Faculty leaders at many of the schools have pushed back strongly against claims that their campuses are hotbeds of antisemitism, noting that while some Jewish students complained that they felt unsafe, the vast majority of protesters were…

A new documentary titled “Tune Out The Noise” brings together some of the academic heavyweights whose work reshaped the financial industry and helped lower costs for all investors. The film, made by Academy Award-winning documentarian Errol Morris, chronicles the rise of academic finance in the middle of the twentieth century and how it led to a boom in passive investing and to the creation of Dimensional Fund Advisors, which now has more than $700 billion in assets under management. Morris and David Booth, Dimensional chairman and the namesake of the University of Chicago Booth School of Business, spoke to CNBC’s…

The NCAA tournament is right around the corner, but madness in March has already begun.No. 7 Alabama defeated top-ranked Auburn, 93-91, on the road with an overtime buzzer-beater Saturday in a regular-season finale.Mark Sears drove toward the paint and hit a floater as the clock expired to give the Crimson Tide a huge victory. Sears had just nine points, but he scored the most important two. Alabama guard Labaron Philon reacts to fans after defeating Auburn in overtime Saturday, March 8, 2025, in Auburn, Ala.  (AP Photo/Butch Dill)Dick Vitale was on the call and delivered his patented “Are you serious?”…