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Elon Musk says cutting back on work hours isn’t an option

Arianna Huffington is calling on Elon Musk to adopt a healthier work-life balance, but the Tesla CEO says that’s not an option. In a tweet early Sunday after arriving home from a late night at a Tesla factory, Musk told the Huffington Post founder that his electric car company and Ford are the only two American automakers that have avoided bankruptcy. …read more […]

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New Pakistan PM Khan calls for austerity; wants bullet-proof cars sold

Pakistan’s new Prime Minister Imran Khan called on Sunday for the rich to start paying taxes and said the country will begin an austerity drive to reduce debt, a campaign he will kick-start by selling his office’s fleet of bullet-proof cars. In his first address to the nation as premier, Khan set out his vision for a “New Pakistan” and spoke at length about the need to reshape the country by introducing an Islamic welfare system, reducing poverty and slashing high debt levels. Khan, 65, a former cricket legend, was sworn …read more […]

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It looks like Elon Musk and Grimes stopped following each other on Instagram and Twitter (TSLA, FB, TWTR)

Tesla CEO Elon Musk and indie pop star Grimes no longer follow each other on Instagram. The unfollowing comes after a difficult week in the spotlight for Musk, which sent Telsa stock down nearly 20% in 10 days. Tesla CEO Elon Musk and indie musician Grimes appear to have stopped following each other on social media after a difficult week in the spotlight that sent Telsa stock tumbling down nearly 20%. …read more […]

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Wall Street Week Ahead: Chinese internet stock sell-off may shake faith in FANGs

A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street’s near-decade long rally may be low on fuel. Outstanding gains in Facebook, Amazon, Netflix and Alphabet have underpinned much of the U.S. stock market’s rally in recent years, along with the broader tech sector, but the group is widely viewed as overbought and valuations remain expensive. Backed up by strong earnings growth and investor confidence in Silicon Valley’s innovation track record, the S&P 500 technology index is up 16 …read more […]

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Couples are more likely to divorce amicably if they're worth $5 million or more, says a divorce attorney

Rich American couples who have about $5 million are more likely to have an amicable divorce, says one divorce lawyer. This insight comes from writer Lauren Vinopal’s exploration on Fatherly of why the upper middle class — dubbed “the fighting class” — fights the most about money. Couples fighting about money is nothing new. …read more […]