From Elon Musk’s bold remarks on the UAW strike to allegations around Jared Kushner‘s Saudi Funding, this weekend was a whirlwind of headlines. Let’s dive into the top stories that kept the business world buzzing.
Elon Musk Comments on UAW Strike
Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), chimed in on the United Auto Workers’ strike against Detroit’s Big Three automakers, including Stellantis (NYSE:STLA), Ford Motor (NYSE:F), and General Motors (NYSE:GM). Musk, who runs a non-unionized company, waded into a debate on a post that summarized the union’s demands. The union is pushing for a 40% increase in hourly pay over four years, among other benefits. Read the full article here.
Kushner’s $2B Saudi Funding Scandal
Allegations surrounding a $2 billion funding received by Jared Kushner from Saudi Arabia have sparked concern. Rep. Robert Garcia (D-Calif) described the funding as “completely outrageous” and a matter that needs investigation, considering Kushner’s heavy involvement in the Trump administration’s Middle East policy. Read the ...