Business

An admission by Tesla’s directors that investors will be forced to wait until November before voting on key issues has come under sharp criticism fire from a leading U.S. expert on corporate governance.  This week, the company finally lifted the secret surrounding the date of its much-delayed annual shareholder meeting. According to state laws in Texas, Tesla was obligated to hold the meeting by …

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A Beloved Canadian Chocolate Bar Disappears From the Market  The New York Times Why was Jersey Milk cut from Canada and could other chocolate makers follow?  Yahoo Mondelez Canada discontinuing Jersey Milk bars  MSN Opinion | Who killed Jersey Milk? Spoiler: It was the economy  The Spec Mondelez Canada discontinuing Jersey Milk chocolate bars amid low consumer demand  Toronto Star Source link

Earlier this year, Italy used foreign investment screening powers — or “golden power” — to impose harsh conditions on UniCredit’s bid for BPM. UniCredit appealed the decision claiming that the conditions are disproportionate and effectively prevent it from doing the deal. The court said on Saturday that the government should review two of the conditions imposed by Rome on UniCredit …

ZEELAND, Mich. (AP) — A Michigan clock company that has helped people keep time for 99 years says it’s going out of business due to tariffs and other economic conditions. Howard Miller Co., which makes grandfather clocks, wall clocks and furniture, said production will be phased out this year. The company will stick around in 2026 to sell its inventory. …

Walmart Deals is almost over, but the retailer is still offering discounts across categories like tech, kitchen essentials and beauty. The sale starts on July 8 and will run for six days both in-store and online through July 13. Walmart+ members can also access exclusive benefits like free shipping and discounts on streaming, food, gas and more. I frequently cover …

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About 850,000 water bottles sold at Walmart stores are being recalled because they pose a “serious impact and laceration” hazard. Walmart is recalling its Ozark Trail 64 oz Stainless Steel Insulated Water Bottles because the lid can forcefully eject when someone tries to open the bottles after food or carbonated or perishable beverages, such as juice or milk, have been …

France Opens Criminal Investigation into Musk’s X  PCMag French probe of Musk’s X deepens as police are called in  Reuters France opens criminal probe into X algorithms under Musk  The Hill France launches criminal investigation into Musk’s X over algorithm manipulation  politico.eu France opens criminal investigation into X for alleged algorithmic manipulation  Cointelegraph Source link

The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to look like unsustainable student loans, according to Jared Bernstein, who previously served as the chair of President Joe Biden’s Council of Economic Advisers. In a New York Times op-ed on Wednesday, he acknowledged that he was once a longtime dove when it …