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THE TRUTH ABOUT: 12 | History Defined

Tesla's Missing $1.4 Billion Has Accounting Experts Asking Questions

The term "Tesla money" once referred to the electric automaker's rapid rise from niche brand to household name. Its ascent made some folks (like CEO Elon Musk) insanely wealthy from sky-high stock prices—and every new EV brand craved a mere taste of that success. But with some recently flagged accounting discrepancies,…

InsideEVs

Stocks Rise Before the Open as Investors Digest Fed Decision, U.S. Economic Data and Earnings in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.18%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.25% this morning, extending yesterday’s gains after the Federal Reserve indicated there remains scope to lower interest rates later this year, as any tariff-driven rise in inflation is expected to be temporary.

Barchart

X finally valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022

Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the price tag on the social media platform at less than $10 billion

The Independent UK

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What the papers say – March 19

Talks on a Ukraine ceasefire and reform of the benefits system dominate Wednesday’s front pages.

The Independent UK

What the papers say – March 18

Sir Keir Starmer’s plans to cut disability benefits continue to dominate Tuesday’s headlines.

The Independent UK

Tate museums to cut 7% of workforce amid financial challenges

Tate has announced that it is cutting 7% of its workforce, as the British arts institution grapples with a post-pandemic financial deficit. The move echoes major budget cuts for many cultural institutions globally, including major European museums.

Euronews

Crispin Odey banned from City and handed £1.8m fine by FCA

Hedge fund manager deliberately tried to frustrate investigation into sexual misconduct allegations, says regulator

The Guardian - UK

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What the papers say – March 17

Debate over Sir Keir Starmer’s planned welfare cuts dominate Monday’s front pages.

Evening Standard

Deepseek 'clearly not interested' in scaling up — 160-person team focused on developing new models

Deepseek is focused on keeping its team lean and propelling development towards new models, with the goal of reaching AGI, instead of scaling up its commercial product offerings.

Tom’s Hardware

What the papers say – March 14

Here are the biggest stories leading Friday’s papers.

Evening Standard

What the papers say – March 11

The fallout from two ships colliding in the North Sea takes centre stage on Tuesday’s front pages.

Evening Standard

What the papers say – March 10

High stakes talks between Ukraine and the US lead several of Monday’s front pages.

The Independent UK

What the papers say – March 8

Russian spies and Vladimir Putin feature heavily on the front pages of Saturday’s newspapers.

Evening Standard

What the papers say – March 7

A diverse range of stories vie for the top spot across Friday’s headlines.

Evening Standard

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Motor1

Tariffs Could Wreck the US Auto Industry. Here's How

March 4 is when President Donald Trump pledged to levy tariffs of 25 percent on goods imported to the United States from Canada and Mexico. That's a flat 25 percent on everything crossing the border. Every time something crosses into the US, it will face the fee. And with the…

Fortune

Citi's $81 trillion mixup underscores the risks of manual processes

"Human error is inevitable," says an accounting expert.

Evening Standard

What the papers say – March 1

A tense confrontation between American and Ukrainian officials takes centre stage in Saturday’s newspapers.

The Independent UK

Trump says he knows ‘nothing about’ Tate brothers flying back to US from Romania

President Donald Trump insisted he "knows nothing" about Andrew and Tristan Tate returning to the US on Thursday amid reports of his administration pressing Romanian authorities to lift travel restrictions on the brothers.

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Evening Standard

What the papers say – February 27

Here are the stories making headlines this Thursday.

The Fashion Central

Shein’s Profit Plunges by $1 Billion in 2024 as Trump Closes Tax Loophole

Chinese e-commerce giant Shein has suffered a major financial blow, with its net profit dropping by more than $1 billion in 2024

Evening Standard

What the papers say – February 26

A rise in defence spending, Ukraine and US relations feature heavily on Wednesday’s front pages.

The Fashion Central

UK Set to Rejoin EU Talks for Powerful New 'Bank' to Boost Defence Spending

The Government is set to join high-level discussions with the EU this week over a groundbreaking Europe-wide defense funding scheme.

Barchart

Stocks Set to Open Higher With All Eyes on Nvidia Earnings and Key U.S. Inflation Data

March S&P 500 E-Mini futures (ESH25) are up +0.53%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.42% this morning, pointing to a partial rebound from Friday’s selloff on Wall Street.

The Independent UK

What the papers say – February 24

A mixture of foreign politics stories take centre stage on Monday’s front pages.

International Business Times

Nissan Shares Jump 11% On Reported Plan To Seek Tesla Investment

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker.

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