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...Her new song “Texas Hold ‘Em” has soared to the top of the Billboard charts, helped by its prominence on TikTok, where users are posting hundreds of thousands of videos using the track....
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
...The company will report first-quarter earnings next week, with investors braced for a drop in profitability....
...The pair, who have traded supportive messages over the past year on Musk’s X platform, met at Tesla’s factory in Austin, Texas, and discussed “the need to liberate markets” and “the importance of eliminating...
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
...That marks Tesla’s first year-on-year quarterly drop since the start of 2020....
...in the city of Taylor in Texas....
...“Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas,” Musk wrote on his social media platform X. Good, fine, whatever....
...The last significant US bank to fail was First Republic, which was closed by the Federal Deposit Insurance Corporation in early May....
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
...Levy said he expected “modestly negative” free cash flow, which would be the first quarter of negative cash since the start of 2020....
...“Delaware thinks: ‘We’re smarter than you are, and we’re going to have judges up here in Wilmington look at the economics of your transaction,” said Byron Egan, an elder statesman of the Texas corporate...
...Chew has proposed multiple alternative measures to a sale for allaying US national security concerns, including the Project Texas plan and a potential American stock market listing of TikTok....
...Haley’s first and only victory came at the weekend, when she won the primary in the District of Columbia....
...Instead, what the chief executive offered — alongside even worse than expected first-quarter profits and the company’s first cash outflow since the start of the pandemic — was a classic Muskian fudge....
...Gold, a haven during times of geopolitical uncertainty, gained 0.3 per cent to $2,386, falling back after hitting $2,400 for the first time earlier in the day....
...Most Americans support building a wall on the US-Mexico border for the first time since Monmouth first began asking the question in 2015....
...Since then, he has shifted incorporation of two of his companies away from Delaware — SpaceX to Texas, and Neuralink to Nevada....
...Shortly after Texas pioneered the first US ESG blacklist in late 2022, a big investor in education in the oil-producing state pumped $300mn into a fund designed to subsidise the global energy transition...
...Because a company can file bankruptcy in whatever district any one of its dormant shell company affiliates first files bankruptcy....
...The price of Brent crude, the international oil benchmark, settled about 1.5 per cent higher to $90.65 a barrel on Thursday, while the West Texas Intermediate, the US oil benchmark, rose about 1.4 per cent...
...Tesla started the year with about 100,000 unsold vehicles and added another 45,000 and 50,000 in the first quarter....
...The Texas fund appears to be the first body of its kind to adopt an official ESG-sceptical screen....
...SpaceX’s move was first reported by Bloomberg News....
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