Even tech billionaires occasionally get tripped up by the rules. In the case of Tesla chief executive Elon Musk, he may need to rethink the name of his new baby boy, X Æ A-12. Musk announced Monday that he and his girlfriend, singer Grimes, had welcomed …
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People who use the Uber Eats app to order delivery from their favorite restaurants in Jersey City will have to start ponying up some extra cash. The popular food delivery service announced Friday that it will charge Jersey City restaurant customers an extra $3 …
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(Reuters) – Real estate and investment firm Colony Capital Inc (CLNY.N) said on Friday its portfolio companies had defaulted on $3.2 billion of debt secured by hotels and healthcare-related properties. Colony Capital has received a “notice of acceleration” …
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J.C. Penney could file for bankruptcy as soon as May 15. It is in talks to fund its business during the bankruptcy process. One option is a $300 million to $500 million loan, which is far short of the $1 billion the company had hoped for. Robert Barnes | Getty …
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For months, public officials across the political spectrum urged the Trump administration to fight the coronavirus pandemic using the Defense Production Act. This authority would get manufacturers to produce, both more and more quickly, masks, ventilators, …
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