China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
Police arrest pro-Palestine protesters at UT-Austin: Authorities told students they could face criminal trespass charges if they didn’t disperse ...
texastribune.org/2024/04/24/ut-austin-israel-hamas-war-palestine-student-arrests/
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reuters.com/business/autos-transportation/teslas-plan-affordable-cars-takes-page-detroit-rivals-2024-04-26/
Mass arrests roil college campuses amid pro-Palestinian protests: The University of Southern California canceled its main commencement ceremony after dozens of ...
npr.org/2024/04/25/1247091785/campus-protests-gaza-israel-arrests-usc-emerson-texas
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
- Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.
- Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.
- Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.
- The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
US student protests: ‘You see a lot of hate on campus’: In the sunshine, the pro-Palestine encampment in Columbia University looks like the luxury section of a ...
irishtimes.com/world/us/2024/04/26/us-student-protests-you-see-a-lot-of-hate-on-campus/
Senate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signature
apnews.com/article/tiktok-ban-congress-bill-1c48466df82f3684bd6eb21e61ebcb8d
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Live news: Police presence grows as pro-Palestine protests spread across US campuses
ft.com/content/712b2c1e-e9b2-430e-bcf6-ddc3c2874d4c
Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
axios.com/2024/04/17/elon-musk-pay-package-tesla-delaware-court
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
FTC is sued by business groups over its ban on noncompete agreements, which may delay enforcement
cnn.com/2024/04/25/success/ftc-noncompete-ban-lawsuit/
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Pro-Palestinian protests spread to the campuses of USC and the University of Texas
npr.org/2024/04/25/1247091785/student-protests-israel-palestine-usc
Texas School Districts Violated an Election Transparency Law: ProPublica and The Texas Tribune analyzed 35 Texas school districts that held trustee elections ...
propublica.org/article/texas-school-districts-violated-a-law-intended-to-add-transparency-to-local-elections
Javier Milei and Elon Musk are giga happy. Does anyone care?: On April 12, the Argentine president and Tesla CEO visited the company's gigafactory in Austin ...
lemonde.fr/en/m-le-mag/article/2024/04/21/javier-milei-and-elon-musk-are-giga-happy-does-anyone-care_6669063_117.html
Quick Glance: Javier Milei and Elon Musk: Business, Fashion, and Thumbs-Up Gesture
- The Argentine president and Tesla CEO visited the company's gigafactory in Austin, Texas, to freely discuss business on April 12.
- Milei and Musk met in Texas, visited Tesla Giga Texas factory, and had extensive conversations about the importance of free markets and defending freedom ideas.
- Musk recently lost 15 kilograms and shared insights into his diet, including deprivation, intermittent fasting, and Ozempic, an anti-diabetic medication.
- Both dressed in unique outfits, featuring cargo pants, skinny jeans, and cowboy accessories, expressing their enthusiasm with thumbs-up gestures.
Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report
apnews.com/article/tesla-layoff-workforce-sales-decline-ee35abc216b5aeb222068500b916ef14
SpaceX asks Texas judge to block NLRB case over severance agreements: SpaceX has asked a Texas federal judge to block the National Labor Relations Board from ...
reuters.com/legal/litigation/spacex-asks-texas-judge-block-nlrb-case-over-severance-agreements-2024-04-26/
In photos: Hundreds arrested as pro-Palestinian protests at U.S. campuses intensify
axios.com/2024/04/24/photos-pro-palestinian-protests-campuses
Harris County DA gives Lina Hidalgo staffer case to AG: Hidalgo’s staffers were indicted on felony charges related to how they allegedly helped award an $11 ...
texastribune.org/2024/04/25/kim-ogg-harris-county-lina-hidalgo-attorney-general/
After VW plant victory, UAW sets its sights on Mercedes in Alabama: The United Auto Workers has made history by winning its first unionization vote at an auto ...
reuters.com/business/autos-transportation/after-vw-plant-victory-uaw-sets-its-sights-mercedes-alabama-2024-04-20/
Tesla vote on Elon Musk $56 billion payday critical for future: Tesla's poor performance doesn't justify Musk's pay package for a part-time CEO.
houstonchronicle.com/business/columnists/tomlinson/article/elon-musk-pay-tesla-shareholder-vote-19412462.php
A Texas appellate court upheld a decision to reject attorney disciplinary charges against Donald Trump ally Sidney Powell ...
reut.rs/3Q7IwBz
Biden gives Samsung $6.4 billion in grants to boost Texas chip output: The Biden administration will award up to $6.4 billion in grants to South ...
cnn.com/2024/04/15/tech/us-southkorea-samsung-chips-hnk-intl/
Tesla's layoffs have hit almost 12% of its Texas workers: Tesla laid off 2,688 workers at its Austin factory, according to a WARN notice. It's likely part of ...
businessinsider.com/teslas-layoffs-jobcuts-hit-austin-texas-workers-2024-4
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
USC cancels graduation ceremony, dozens arrested across US as college anti-war protests grow
omaha.com/news/nation-world/education/israel-palestine-war-campus-protests-usc/article_47da3f10-2fd5-51f4-ab4b-50593794ec9e.html
Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling: A Tesla investor who successfully sued to void CEO Elon Musk's $56 billion pay package ...
reuters.com/business/autos-transportation/tesla-shareholder-seeks-block-musk-litigating-pay-outside-delaware-2024-04-24/
Volkswagen ‘the first domino to fall’ after union vote, says UAW president: Shawn Fain tells the Guardian he expects ‘more of the same to come’ after celebrating ...
theguardian.com/us-news/2024/apr/22/united-auto-workers-auw-shawn-fain
SpaceX loses latest bid to keep lawsuit against NLRB in Texas: A divided federal appeals court on Wednesday rejected rocket maker SpaceX's latest bid to keep a ...
reuters.com/legal/legalindustry/nlrb-attorneys-cleared-wrongdoing-spacex-case-transfer-fight-2024-04-17/
Greg Abbott Under Fire Over Texas School Budget Cuts: Abbott and the Texas GOP are being blamed for the financial struggles of public schools in the state.
newsweek.com/greg-abbott-under-fire-texas-school-budget-cuts-1891709
US College Students Demonstrate in Solidarity With Palestinians, Columbia Protesters
commondreams.org/news/college-students-columbia-solidarity
Tesla lays off 2,688 at Gigafactory Texas amid record global job cuts: Tesla Inc.’s recent mass layoff of more than 10% of its global workforce impacted 2 ...
expressnews.com/business/article/tesla-layoffs-hit-2-688-austin-area-employees-19417974.php
Tesla asks shareholders reinstate Elon Musk's pay, move to Texas: Electric vehicle giant Tesla is asking its shareholders to approve CEO Elon Musk's pay package ...
foxbusiness.com/markets/tesla-asks-shareholders-reinstate-elon-musks-pay-move-texas
USC Cancels Main Commencement Ceremony, Increases Campus Security Measures Amid Protests
rollingstone.com/culture/culture-news/usc-cancels-main-commencement-ceremony-1235010899/
Quick Glance: Protests against Israel's War in Gaza Escalate on College Campuses Nationwide
- Campus protests in the U.S. are escalating, with hundreds of demonstrators being arrested at multiple schools in recent days.
- The protests have also reached Vanderbilt University, where dozens of students have faced suspension, expulsion, and even arrest for their participation in recent campus protests.
- Vanderbilt University Chancellor Daniel Diermeier discussed his school's approach with Amna Nawaz.
- The situation has sparked discussions on free speech, safety, and handling protests, with clear principles and rules set to maintain university operations and respect.
Texas congressman Joaquin Castro from the Democrat party spoke out against the funding and arming of Israel by the United States government ... Show more
Tesla worker laid off weeks after joining says he can't pay rent: A man told KVUE that he was hired to work at Tesla's Texas plant a few weeks ago ...
businessinsider.com/tesla-worker-laid-off-ev-transport-texas-rent-2024-4
‘A blow to the soul.’ Inflation forces Mid-Cities food pantry to close after 25 years
star-telegram.com/news/local/article287770815.html
Portraying Trump as the Fascist He Is Could Save US Democracy: It comes down to Democratic framing, a truth-telling media, and the independent judiciary to ...
washingtonspectator.org/fascism-is-not-patriotism/
Library book ban attempts are at an all-time high. These librarians are fighting back
pbs.org/newshour/arts/attempts-to-ban-books-are-at-an-all-time-high-these-librarians-are-fighting-back
Tesla's Texas gigafactory gets out of environmental restrictions: Tesla's Texas gigafactory was exempted from Austin's local environmental regulations thanks to ...
businessinsider.com/tesla-gigafactory-texas-environmental-regulations-2024-4
Man who lost son in Robb Elementary shooting criticizes Uvalde shirt sold at Walmart; store issues apology
usatoday.com/story/news/nation/2024/04/18/uvalde-texas-walmart-shirt-criticism/73368450007/
Unions are getting bolder in targeting Big Business: The U.S. worker unionization rate hit a new low in 2023, but public support for unions is near a six-decade ...
axios.com/2024/04/18/unions-disney-cvs-demand-workers-labor-market
Gov. Newsom and California show why liberals can't be trusted with the economy: It was only a matter of time before California's economy reacted to failed tax ...
usatoday.com/story/opinion/columnist/2024/04/17/california-minimum-wage-gavin-newsom-economic-failure/73337780007/
Elon Musk's lawyer Spiro blasts sanctions bid in defamation case: Elon Musk has slammed a bid for court sanctions against his longtime attorney Alex Spiro ...
reuters.com/legal/litigation/elon-musks-lawyer-spiro-blasts-sanctions-bid-defamation-case-2024-04-19/
Fear and loathing on America’s college campuses as free speech is disappearing: Student activists say fear and paranoia has descended on college campus around ...
inquirer.com/opinion/college-free-speech-palestine-israel-20240418.html
Student Spring protesters at GWU demand 'divestment' from Israel: Students at George Washington University [GWU] set up tent encampment ...
trtworld.com/us-and-canada/student-spring-protesters-at-gwu-demand-divestment-from-israel-17920900
Quick Glance: Spread of Anti-War Protests at U.S. Universities
- University of Minnesota student sets up protest camp following arrests of pro-Palestinian demonstrators.
- Pro-Palestinian protests sweep campuses nationwide, demanding universities cut ties with Israel.
- Arrest of over 100 student protesters at Columbia University sparks solidarity protests at other colleges.
- Student anti-war protests spread across the country, from Yale to University of California, demanding divestment from Israel.
Trans care restrictions force some families to travel hours, spend hundreds for treatment
abcnews.go.com/US/trans-care-restrictions-force-families-travel-hours-spend/story
North Texas Senate runoff divides usual allies within GOP: The battle to succeed retiring state Sen. Drew Springer has come down to a May 28 runoff between Brent ...
texastribune.org/2024/04/24/texas-senate-runoff-brent-hagenbuch-jace-yarbrough/
Tesla asks shareholders to restore Elon Musk’s $56bn pay deal: Tesla Chair Robyn Denholm says company believes in ‘big risks for the chance of big rewards’.
aljazeera.com/economy/2024/4/18/tesla-asks-shareholders-to-restore-elon-musks-56bn-pay-deal
D.R. Horton projects strong 2024, despite inflation and high interest rates: Arlington-based D.R. Horton, the country’s largest homebuilder, saw a 14% ...
dallasnews.com/business/real-estate/2024/04/18/tight-supply-of-homes-propels-builder-dr-horton-to-big-sales-profits/
The future of Texas downtowns stands at a crossroads, shaped by the pandemic and the rise of remote work. Major Texas cities — Austin, Dallas-Fort Worth ... Show more
A Powerball player wins big in Texas. Where was the winning ticket sold?: A Powerball ticket sold in Texas matched five numbers to win $2 million ...
star-telegram.com/news/state/texas/article287583000.html
Fort Worth ISD to return some banned books to libraries after over 100 pulled for review
star-telegram.com/news/local/education/article287945095.html
‘This is a sideshow’: Tarrant County judge fires back at racism and misogyny allegations
star-telegram.com/news/politics-government/article287835240.html
New Texas school readiness data shows child care, pre-K gaps. What are proposed solutions?
star-telegram.com/news/local/education/article287989790.html
Adult entertainment industry asks Supreme Court to block Texas age-verification requirements for porn sites
cnn.com/2024/04/16/politics/supreme-court-porn-texas/
Amazon warehouse jobs & what they pay: Are fulfillment center positions worth it?
charlotteobserver.com/news/business/article288033410.html
UT Austin partnership to launch semiconductor training center: The new collaboration will train students from around the world and host programs designed to ...
expressnews.com/news/education/article/ut-austin-partnership-launch-semiconductor-19414758.php
Cop hides Apple AirTag in ex’s car — then breaks into her apartment, Texas cops say
star-telegram.com/news/state/texas/article287975705.html
Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
bloomberg.com/opinion/articles/2024-04-17/elon-wants-his-money-back
Paid articlePaid
Is Apple an Illegal Monopoly? Antitrust Lawyer Breaks Down U.S. v. Apple: The Department of Justice is claiming that Apple is an illegal monopoly ...
wsj.com/video/series/news-explainers/is-apple-an-illegal-monopoly-antitrust-lawyer-breaks-down-us-v-apple/5CD450EA-34DD-4A11-AEDA-59AA9265EEE7
Houston Texans: Draft looks different after breakthrough season: After striking first-round gold with C.J. Stroud and Will Anderson a year ago ...
houstonchronicle.com/texas-sports-nation/texans/article/houston-texans-nfl-draft-nick-caserio-second-round-19409540.php
SpaceX's Starbase rocket city expanding rapidly, facing growing pains: Starbase's legacy will take decades to understand, and its pace of growth is quickening.
expressnews.com/business/article/spacex-starbase-texas-19213731.php
The Sydney Mall Attack Was Horrifying. It Could Have Been Worse: The attack at Bondi Junction mall in Sydney might have resulted in more deaths if the country ...
time.com/6967424/sydney-mall-attack-guns/
Walmart issues apology for Uvalde, Texas T-shirt amid social media backlash: Walmart apologizes for a “Where the heck is Uvalde, Texas” T-shirt sold in Texas ...
star-telegram.com/news/state/texas/article287768835.html
Is Texas About to Turn Latinos Into Single-Issue Voters?: Its new immigration law resembles other “show me your papers” measures that cost the GOP Latino voters.
theatlantic.com/politics/archive/2024/04/texas-immigration-law-latino-voters/678063/
2024 tax season: What to know about receiving refunds, delays: Here are some tips to know about receiving refunds after filing the tax returns in 2024.
houstonchronicle.com/news/houston-texas/trending/article/tax-refund-delays-why-19411502.php
Full List of House Members Who Voted Against TikTok Ban: The House passed legislation by a 360-58 vote that would potentially ban TikTok if the Chinese company ...
newsweek.com/list-house-member-who-voted-against-tiktok-ban-1892524
‘Victories would be nothing less than an earthquake’: can UAW win in the south?: United Auto Workers faces first real test in campaign to unionize 13 automakers ...
theguardian.com/us-news/2024/apr/17/uaw-union-drive-south-volkswagen-tennessee
Elon Musk's rocket company SpaceX: a bad start: The SpaceX company is testing rockets in Texas that are supposed to take mankind to Mars - and is already leaving ...
taz.de/!6001741/
17-year-old brought revolver to Dallas high school where he shot student in leg: Jakerian Rhodeswing brought a revolver to Wilmer-Hutchins High School in Dallas ...
star-telegram.com/news/local/dallas/article287747485.html
Houston ranked among top Texas cities for remote working: Officials warn jobseekers to look out for scams that target people searching for remote work.
houstonchronicle.com/news/houston-texas/trending/article/2024-texas-ranked-work-from-home-19399947.php
UT DEI ban: Staff firings anger students in wake of state law: UT-Austin has not said how many staff were let go, but advocates say at least 66 people were fired ...
houstonchronicle.com/politics/texas/article/dei-ban-ut-firings-19400136.php
Texas drops Medicaid coverage at twice national rate: More than 2 million Texans have lost Medicaid coverage in the past year, one of the highest rates in the ...
houstonchronicle.com/business/article/texas-medicaid-enrollment-biden-19400149.php
Supreme Court: Landowner can sue Texas for flood damages: Richie DeVillier, who owns land east of Houston, said the state owes him damages for constant flooding ...
texastribune.org/2024/04/16/texas-landowner-highway-flooding-supreme-court/
Elon Musk was scheduled to visit India for two days starting April 22. However, he had to cancel at the last minute due to work commitments ... Show more
elpx.short.gy
elpx.short.gy
Tesla moves to shed Austin’s environmental oversight of gigafactory: The move comes after Elon Musk said in 2020 that the factory would be 'basically an ...
houstonchronicle.com/business/article/tesla-austin-gigafactory-19409983.php
Rangers, Mavs broadcaster Diamond Sports readies for vote on bankruptcy plan: Diamond Sports Group will hold a creditor vote on a bankruptcy-exit plan backed by ...
dallasnews.com/business/2024/04/17/rangers-mavs-broadcaster-diamond-sports-readies-for-vote-on-bankruptcy-plan/
The Biden administration says it wants a divestment of TikTok, not a ban, but the challenges of unbundling it from its China-based parent ByteDance could make ... Show more
TikTok’s Ban Bill Nightmare Is Just Beginning
TikTok’s Ban Bill Nightmare Is Just Beginning
Senate passes bill forcing TikTok’s parent company to sell or face ban, sends to Biden for signature
sun-sentinel.com/2024/04/23/senate-passes-bill-forcing-tiktoks-parent-company-to-sell-or-face-ban-sends-to-biden-for-signature/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
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