CEO

Tesla forming committee to assess proposal to go private

PALO ALTO, Calif. (AP) — Tesla is forming a special committee to evaluate proposals to take the company private one week after CEO Elon Musk said he was considering it. The committee, made up of three independent directors, said Tuesday that it has not received any formal proposal from Musk. ...

How Google Is Developing Its Censored Search Engine

Google’s controversial plan to relaunch a censored search engine in China–one that complies with the country’s censorship regime┬áby filtering banned search terms and results–is supported by what may have been years of prototyping and experimentation. According to documents s...

Tesla stock drops back near pre-Musk tweet level

Tesla shares have dropped back to near the level they were trading at before CEO Elon Musk tweeted Tuesday that he may take the company private. Shares were down 6 percent to .26 in midday trading Thursday. Shares had closed at .99 on Monday. Then Musk’s Tuesday morning tweet that he might tak...

Derek Jeter says Marlins are headed in right direction

MIAMI (AP) — The Miami Marlins were 21 games under .500 and playing before another small crowd as Derek Jeter spoke in the fifth inning Wednesday night, so he didn’t sugarcoat the state of the franchise 10 months into his tenure as CEO. “We have a ways to go,” Jeter said. &#...

Tesla CEO’s buyout bid raises eyebrows, legal concerns

SAN FRANCISCO (AP) — Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed deal. Almost everything about the deal is outlandi...