Elon Musk apologizes after Tesla gave ‘incorrectly low’ severance packages to some laid-off workers: report
Dan Niles, senior portfolio manager at Satori Funds, joins Morning with Maria to share his stock picks as investors await the March jobs report. Some recently laid-off Tesla employees reportedly experienced severance mix-ups. CEO Elon Musk sent an email to employees about the issue Wednesday, saying, “We have become aware that some severance benefits are […]
Laid-off Hollywood Executives Panic as Jobs Vanish — ‘This Is a Full-Scale Depression’
Hollywood suit executives laid off amid recent studio budget cuts face the prospect of long-term unemployment as the industry and economy as a whole show little sign of recovery, according to a new report. I am concerned that this may be the case. “This is a full-blown recession for the entertainment industry,” says TV executive. […]