What stands out in Elon Musk's SEC conflict 'is his hubris'

What stands out in Elon Musk’s SEC conflict ‘is his hubris’

One thing stood out to CNBC’s Jim Cramer as he parsed the U.S. Securities and Exchange Commission’s complaint against Tesla co-founder and CEO Elon Musk. “When you read the complaint about what Musk did — basically fabricating this bid to take Tesla private out of whole cloth, precisely in order to smash the people betting […]

European stocks to open lower as US-China trade conflict escalates

European stocks to open lower as US-China trade conflict escalates

European stocks are set to open lower Tuesday morning after the Trump administration decided to impose 10 percent tariffs on $200 billion worth of Chinese imports. The FTSE 100 is seen 41 points lower at 7,257, the CAC 40 is expected to open down around 26 points at 5,324, while the DAX is poised to […]

David Marcus, vice president of Messaging Products at Facebook, speaks on stage during the annual Facebook F8 developers conference in San Jose, California, April 18, 2017.

Facebook’s blockchain head removes conflict, leaves Coinbase board 

For Facebook, that would be a heavy regulatory burden to assume, particularly at a time when lawmakers and consumers are pushing the company to clean up its processes for protecting user data. Following the Cambridge Analytica scandal earlier this year and the social network’s acknowledgement of how broadly its platform was used by foreign actors […]