1 hour ago Tesla denies reports it contacted recruiters to help it replace Elon Musk

The Wall Street Journal had reported the electric car maker’s board had contacted search firms to help it find a new chief executive.

Politics

3 h. ago Elon Musk and Tesla chair deny board is looking for new CEO despite profits plunge

World’s richest man calls reporting on alleged hunt for his successor ‘extremely bad breach of ethics’ as electric vehicle manufacturer’s struggles continue

Economics

3 h. ago China hints at openness to trade talks with US; Tesla denies board search for Musk successor – business live

Live, rolling coverage of business, economics and financial markets as Chinese state-controlled social media says US has approached China for trade talksLloyds Banking Group has reported a 7% drop in pre-tax profit to £1.5bn in its first quarter, and is bracing for the ripple effect from Trump’s tariffs on its balance sheet.The high street bank said that it has set aside £309m to account for possible bad debts, compared with previous guidance of £274m, as it added a £35m net charge to prepare for the possible impact on the economic outlook from President Trump’s tariffs.The US has proactively reached out to China through multiple channels, hoping to hold discussions on the tariff issue.Yuyuan Tantian is not among China’s most authoritative state media outlets. The Global Times, which is owned by the newspaper of the governing Communist Party, People’s Daily, has often been first to report China’s next steps in trade disagreements over the past few years.Guo Jiakun, a spokesperson fo...

Politics

4 h. ago Tesla denies report claiming board looked to replace Elon Musk

Wall Street Journal article saying headhunters were contacted branded ‘absolutely false’ by chair Robyn DenholmTesla has denied a report that its board sought to replace Elon Musk as its chief executive amid a backlash against his rightwing politics and declining car sales.Robyn Denholm, the chair of the board at the electric carmaker, said in a statement on Tesla’s social media account on X: “Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company. Continue reading...

Politics

4 h. ago FBI reassigns agents seen taking knee during racial justice protest, report claims

The FBI has reassigned several agents who were photographed kneeling during a racial justice protest in Washington that followed the 2020 death of George Floyd at the hands of Minneapolis police officers, two people familiar with the matter said Wednesday.

Events

4 h. ago Tesla denies board search for Elon Musk’s successor; Trump tariffs to slash growth, says Bank of Japan – business live

Live, rolling coverage of business, economics and financial markets as US electric carmaker says report board is looking for next Tesla boss is ‘absolutely false’National Grid, the FTSE 100 company that owns the UK’s electricity network, has appointed Shell oil executive Zoë Yujnovich as chief executive after the retirement of John Pettigrew.Yujnovich was until recently working at FTSE 100 oil company Shell, where she was director of integrated gas and upstream (oil production) and a member of the executive committee. She previously led the Iron Ore company of Canada, part of Rio Tinto.I firmly believe in the vital function energy companies play in driving change and creating value. On both sides of the Atlantic National Grid has an essential role to play in making energy secure, affordable and reliable for our customers and communities. I’m excited about leading National Grid as it delivers on the growth opportunities ahead. Continue reading...

Economics

9 h. ago Tesla searches for new CEO to replace Elon Musk amid stock turmoil and forces White House exit

Tesla began a search to replace CEO Elon Musk amid stock turmoil and negative press from the 'First Buddy' serving as head of the Department of Government Efficiency.

Events

11 h. ago China claims US could be true origin of Covid in astonishing new report

In a bombshell white paper published Wednesday, the Chinese State Council Information Office put forward the theory that the virus may have actually emerged on American soil

Politics

14 h. ago Pete Hegseth’s wife taking on unofficial role managing his image at Pentagon, report says

Jennifer Rauchet, a former Fox producer, directed agency staffers on handling media and managing secretary’s image on social, a report claims

Politics

15 h. ago China makes stunning claim about Covid's origins after lab leak furor

The Chinese government published a report on the Covid pandemic Wednesday claiming to know the true origin of the coronavirus.

Politics

59 h. ago Pete Hegseth stunned as report reveals the staggering number of overweight troops: 'Fit not fat'

Pete Hegseth called a report that claimed two-thirds of reserve troops are overweight 'unacceptable' and promised to create change to make them 'fit not fat.'

Politics

61 h. ago Champion jockey Oisin Murphy misses races after 'being involved in a car crash'

A steward's report from the British Horseracing Authority later claimed that Murphy missed the opportunity to partake in a further four races due to 'travel issues'.

Events

3 d. ago DWP shares Universal Credit warning and tells claimants to 'report themselves'

While most employed earnings are automatically received through the Real Time Information system, some cases require manual reporting - for example, if you're self-employed

Events

4 d. ago Trump admin brainstorms aggressive tactics to clear homeless camps in cities and forcibly hospitalize people, report claims

Justice Department asks employees for ideas on how to ‘more efficiently shift chronic vagrants away from the public square and into a more concentrated space’ to better deploy services

Politics

5 d. ago Wayne Rooney suffers blow as Championship club rule out managerial move for Man Utd icon

Last week a report claimed Championship side Blackburn Rovers were looking to bring in Wayne Rooney as manager amid pressure on coach Valerian Ismael - just months after the Manchester United legend was sacked from his role as Plymouth Argyle boss

Society

5 d. ago Dimitri Payet insists relationship with former mistress was 'consensual' in new testimony after ex

Dimitri Payet denied 'physical and psychological violence' towards his 'mistress' in a statement to Brazilian police, a report has claimed.

Politics

8 d. ago Pete Hegseth did share classified information with wife and brother despite White House’s claims, report says

Defense secretary accuses media of trying ‘to slash and burn people and ruin their reputations’

Events

9 d. ago Fewer Americans are moving to Florida and Texas, new report claims

Higher cost of living, economic uncertainty and increasing risk of natural disasters appear to be causes of concern

Politics

1 week ago Pete Hegseth shared Yemen attack details in second Signal chat, report claims

Signal messaging chat reportedly included Hegseth’s wife and brother

Events

1 week ago Suspects detained by police denied essential insulin, cancer and epilepsy drugs, damning report claims

Exclusive: One patient experienced such bad withdrawal symptoms that they admitted to crimes they did not commit so they could be remanded to prison where they would be allowed their prescription again, report claims

Events