Saudi crown prince says IPO for oil giant Aramco will happen by early 2021

Saudi Aramco IPO will happen by 2021, the kingdom’s powerful Crown Prince Mohammed bin Salman says. The king in waiting reiterated his belief that the company is worth $2 trillion. Aramco had originally targeted a 2018 IPO, and analysts say a $1 trillion to $1.5 trillion valuation is more likely. Saudi Arabia’s king in waiting says the stock market debut […]

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More than 50 arrested at McDonald's HQ in Chicago as week of protests continues

On Thursday, over 50 protesters were arrested at McDonald’s corporate headquarters in Chicago, Illinois. The event was the latest in a recent wave of protests held by workers in the fast-food industry. Since February, tens of thousands of low-wage and fast-food workers have gone on strike in hundreds of cities across the country, calling for a $15 minimum wage. In […]

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Democrats can’t filibuster Brett Kavanaugh’s Supreme Court nomination. What does cloture mean?

Brett Kavanaugh’s nomination to the Supreme Court shined a spotlight on how the Senate works, but the debate is steeped in unfamiliar terms: filibuster, cloture, unanimous consent. Here is a guide to simplify what some of these terms mean and how they apply. FILIBUSTER: Senate debate is typically unlimited until senators unanimously agreed to end the chit-chat on a bill […]

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Musk, foundation to donate water stations to Flint schools

Elon Musk and the Musk Foundation are donating water stations and filtration systems to schools in Flint, Michigan, which is still recovering from a lead-tainted water crisis. The Flint Journal reports Friday that Flint Community Schools thanked the tech billionaire for "investing" in students' health and future in a tweet Thursday. Musk responded via tweet that he hoped "to do […]

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Tesla Reports Q3 ‘Crash-Like’ Data

In a post on the company’s official blog Thursday, Tesla Inc. (NASDAQ: TSLA) reported that the company’s vehicles were involved in one accident or “crash-like” event for every 3.34 million miles driven by Tesla owners with Autopilot engaged. A crash-like event, as defined by Tesla, includes near misses as well as actual crashes. For crash-like events involving the company’s cars […]

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