Tag Archives: Technology

SEC settlement buoys Tesla share prices

Tesla’s share price jumped today as dramatically as it fell on Sept. 28, thanks largely to this weekend’s settlement of the Securities and Exchange Commission’s complaints against the company and its CEO, Elon Musk. After falling 14 percent on Sept. 28, … Continue reading

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Paul Allen says cancer is back, but voices optimism

Nine years after he underwent treatment for non-Hodgkin’s lymphoma, a potentially fatal but treatable form of cancer, Microsoft co-founder Paul Allen says the disease has returned. On Twitter and in a blog post, the 65-year-old billionaire investor, philanthropist and self-described “Idea Man” says he and … Continue reading

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How Boeing CEO plants seeds of tomorrow’s tech

Dennis Muilenburg is leading Boeing into a second century of innovation with dreams of hypersonic flight, self-flying planes and journeys to Mars. But to lead the way, the 102-year-old company’s CEO, chairman and president turns to the values he learned … Continue reading

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Elon Musk agrees to resign as Tesla chairman

By Todd Bishop and Alan Boyle Elon Musk has agreed to step down as Tesla’s chairman for three years but will remain CEO of the electric car maker, under the terms of documents filed today to settle a securities fraud … Continue reading

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Elon Musk calls SEC charges ‘unjustified’

Update: Elon Musk and Tesla settle with SEC. Tesla’s billionaire CEO and chairman, Elon Musk, is calling the Securities and Exchange Commission’s fraud claims against him “unjustified” after reportedly passing up a settlement deal that would have temporarily forced him from … Continue reading

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Boeing wins $9.2B Air Force contract for T-X jets

The U.S. Air Force has awarded Boeing a contract worth up to $9.2 billion for a new fleet of T-X training jets that it originally thought would cost twice as much. In today’s announcement, the Air Force said the deal … Continue reading

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SEC charges Tesla’s Elon Musk with securities fraud

Update: Elon Musk and Tesla settle with SEC. The Securities and Exchange Commission has charged Tesla’s billionaire CEO and chairman, Elon Musk, with securities fraud over a series of controversial tweets focusing on the electric-car company’s future financial status. If … Continue reading

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