Tesla has decided to cancel any employee bonuses tied to its quarterly delivery quotas. The automaker is also raising base salaries for sales and delivery employees to compensate for the bonuses going away. However, it looks like it will result in an overall reduction in compensation for most of those Tesla employees. Tesla famously uses
Month: May 2022
A BP logo on display in London, U.K., on Tuesday, Feb. 2, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images BP on Tuesday reported bumper first-quarter profits and boosted share buybacks, despite posting a massive loss after offloading its nearly-20% stake in Russian-controlled oil company Rosneft. BP’s first-quarter underlying replacement cost profit, used as
In this article EMBRAC.B-SE 9684.T-JP Tomb Raider is one of the most well-known video game franchises of all time. Christian Petersen | Getty Images The iconic Tomb Raider video game franchise is being sold by its Japanese publisher Square Enix as part of a $300 million ddeal. Square Enix said Monday it will offload three
Ukrainian troops will beat Russia and the country will “be free” from occupation, Boris Johnson has told Ukraine’s parliament – adding that it is a fight of “good versus evil”. The UK prime minister, who has become the first world leader to address Ukrainian MPs since Russia invaded in late February, said Ukraine had proven
Patients who overcome severe COVID infections suffer the same cognitive impairment that people generally go through between the ages of 50 and 70, a new study has found. This is the equivalent of losing 10 IQ points say the team of scientists from the University of Cambridge and Imperial College London. Their findings suggest that
Google said on Monday it had recently fired a senior engineering manager after colleagues, whose landmark research on artificial intelligence software he had been trying to discredit, accused him of harassing behaviour. The dispute, which stems from efforts to automate chip design, threatens to undermine the reputation of Google’s research in the academic community. It
Retail giants including Tesco, J Sainsbury, Greggs and Waterstones are forging a new coalition to urge Rishi Sunak to plough ahead with reforms to Britain’s decades-old business rates regime. Sky News has learnt that a group calling itself the Retail Jobs Alliance has been set up by some of the country’s biggest chains, and has
Durham Police should reopen an investigation into whether Sir Keir Starmer broke coronavirus laws, a minister has said. The Labour leader has come under pressure since footage emerged of him drinking a beer with colleagues at a time when restrictions were in place. Speaking on Sky News, International Trade Secretary Anne-Marie Trevelyan said officers should
Kim Kardashian once again showed just how powerful she is by turning up at the Met Gala in New York in the $5 million dress Marilyn Monroe wore in one of pop culture’s most iconic moments. Monroe famously wore the nude-coloured figure-hugging gown to sing a sultry version of Happy Birthday to President John F
A leaked document seems to indicate a majority of US Supreme Court justices planned to support overturning the historic Roe v Wade case law that legalised abortion. Politico claims to have seen the draft ‘opinion’ which if genuine, is, they say, a “full-throated” and “unflinching repudiation of the 1973 decision” which guaranteed constitutional protections of
Rivian announced today that it secured the incentive packaged, expected to be worth up to $1.5 billion if fully realized, for its upcoming electric vehicle factory in Georgia. In December, not long after it started production of its first electric vehicles at its Illinois factory, Rivian announced a new $5 billion electric vehicle factory in
As Europe looks to move away from dependence on Russian energy, U.K. Prime Minister Boris Johnson said nuclear power needs to play a larger role. Johnson visited England’s Hartlepool nuclear power station Monday, saying that nuclear power is “absolutely crucial to weaning us off fossil fuels, including Russian oil and gas.” “Instead of a new
The parents of Madeleine McCann have used a quotation from the Winnie the Pooh children’s stories to illustrate their thoughts on the 15th anniversary of their daughter’s disappearance. The caption, to a drawing of Pooh and his friend Piglet, posted on the Find Madeleine website reads: “But the most important thing is, even if we’re
3:58 PM ET Associated Press DOVER, Del. — Chase Elliott snapped a 26-race winless streak when the 2020 NASCAR champion pulled away down the stretch to win the Cup Series race on Monday at Dover Motor Speedway. Elliott, who led the final 53 laps, won his 14th career Cup race and gave Hendrick Motorsports another
Shane Smith, co-founder of Vice. CNBC Vice Media, the digital media company once valued at $5.7 billion, has hired bankers to seek a sale, according to people familiar with the matter. Several buyers have expressed preliminary interest in acquiring Vice outright, people familiar with the matter said. While finding a single buyer would be a
Expert witnesses have told Johnny Depp’s libel trial of the “devastating” impact of Amber Heard’s domestic abuse allegations on the actor’s career – while his agent claimed he was unable to “rescue” his lucrative Pirates Of The Caribbean role. During the twelfth day of testimony, the jury also heard from another of Depp‘s security guards