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Elon Musk continues his flight from “the First State”Another Elon Musk-led company has moved its home base from Delaware as the tech billionaire continues to criticize the state after a judge there voided his nearly $56 billion payday at Tesla. Moving the incorporation of SpaceX, Musk’s privately held rocket giant, to Texas will help bolster the Lone Star State’s standing with business. Musk is making good on his threat to pull out of the state. It comes shortly after he relocated the incorporation of Neuralink, his brain implant company, to Nevada. Musk endorsed that view, writing that having a Delaware incorporation is a “guarantee of spurious litigation.”

Persons: Elon Musk, Elon, Musk’s, Tesla, ” Organizations: Tesla, SpaceX, Lone Star Locations: Delaware, Texas, Neuralink, Nevada, America

☆ Haley and DeSantis still can’t solve their Trump problem as time runs short in GOP race
▼ + stars: | 2023-11-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —A weekend of ferocious political exchanges laid out the tumultuous reality of the 2024 White House campaign less than a year from Election Day. The fight for the GOP nomination is about far more than a horse race between candidates. Time is quickly ebbing for one of his distant Republican rivals to recast the race less than two months before voting begins. No lawyer, White House staffer, campaign adviser, political party or institution has ever been able to curb Trump’s impulses. “We are turning up the heat and brightening the spotlight on exactly what it would look like if he’s allowed back in the White House,” a Biden campaign official told CNN’s Arlette Saenz of Trump.

Persons: Donald Trump, Trump, Nikki Haley, Haley, “, ”, Trump’s, it’s, America’s, Ron DeSantis, … Donald Trump, Biden, ” DeSantis, CNN’s Jake Tapper, Joe Biden, Father Time, DeSantis, John Walker, CNN’s Kit Maher, ” Walker, Mike Pence, Chris Christie –, Tanya Chutkan, Jack Smith, Arthur Engoron, ’, ” Trump, Xi Jinping, he’s, CNN’s Arlette Saenz, “ Trump, ” Biden, Greg Abbott Organizations: CNN, GOP, South Carolina Gov, White, Trump, United Nations, Florida Gov, University of New, “, Union, Republican, New, New Jersey Gov, Biden, Lone Star State’s, US Locations: Iowa, University of New Hampshire, “ State, Florida, New Jersey, Washington, New York, China, San Francisco, America, Nazi Germany, Texas, United States

☆ Scorching summer temperatures could strain the economy even further
▼ + stars: | 2023-07-23 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

“The recent heat waves and scorching summer temperatures demonstrate the economic cost of heat stress,” Chris Lafakis, Moody’s Analytics’ director of economic research, wrote in an emailed response to a CNN query. Moody’s Analytics estimates that chronic physical risk from heat stress could reduce worldwide GDP by up to 17.6% by 2100. The losses are steepest in sectors such as agriculture and construction, but no industry or business is immune, she said. “Every summer we have a stretch [of excessively hot weather], where it might last from four days up to a week,” he said. “We have to look at the potential of our business model shifting to a nine-month facility going forward,” she said.

Persons: Lyn Thomas, there’s, Thomas, she’s, “, it’s, Chris Lafakis, Liliana Salgado, ”, Kathy Baughman McLeod, Adrienne Arsht, Cesar Chavez, Damian Dovarganes, That’s, Jack Vessey wasn’t, He’s, “ It’s, Vessey, Zeyla Alcantara, Patrick Tiseth, Jobs, Ami Feller, I’ve, Los Cerrillos, Harrold Granthan, Bonnie Mendoza, David Wagner, bloodsicles, Mendoza, Zach Fowle, Kyle Ledeboer, ” Fowle, ” They’ve, Justus Swanick, Joshua Graff Zivin, ” Graff Zivin Organizations: Minneapolis CNN, Phoenix, CNN, Reuters Workers, Rockefeller Foundation Resilience, Atlantic Council, Rockefeller, IBEW, Company, Lone Star, Roofer, Saddle Riding Company, Phoenix Zoo, Arizona Wilderness, Arizona Wilderness Brewing, University of California San Locations: Minneapolis, Louisiana, United States, California, Los Angeles, Holtville , California, Imperial County, Texas, New Braunfels, Santa Fe , New Mexico, Los, “, Arizona, Phoenix, University of California San Diego

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