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Wall Street’s $1 trillion club is growing. Don’t pop the champagne

Wall Street’s $1 trillion club is growing. Don’t pop the champagne

The exclusive group of American companies worth more than $1 trillion just added another member. What’s happening: Shares of Tesla rallied more than 12% Monday to nearly $1,025 after Hertz announced that it had locked in a record order of 100,000 of the company’s electric cars for its fleet. It’s the largest purchase of Teslas…MORE

Former Georgetown head tennis coach pleads guilty in college admissions scam

Former Georgetown head tennis coach pleads guilty in college admissions scam

Former Georgetown University head tennis coach Gordon Ernst pleaded guilty to charges “in connection with soliciting and accepting bribes to facilitate the admission of prospective Georgetown applicants and failing to report all of the income from the bribes on his federal income taxes,” according to a news release from the US Attorney’s Office for Massachusetts.…MORE

Investigators confused Brian Laundrie’s mother for him while watching their home, police reportedly acknowledge

Investigators confused Brian Laundrie’s mother for him while watching their home, police reportedly acknowledge

Investigators in Florida confused Brian Laundrie’s mother with her son while they were monitoring the family’s home in the days after Laundrie’s fiancĂ©e, Gabby Petito, was reported missing, a police spokesperson said. “They are built kind of similarly,” North Port Police Department spokesperson Josh Taylor told CNN affiliate WINK on Monday in an exclusive interview.…MORE

NASA discovers first possible planet outside our galaxy

NASA discovers first possible planet outside our galaxy

Scientists may have detected signs of a planet transiting a star outside of the Milky Way, in what could be the first planet ever to be discovered outside our galaxy. The possible exoplanet was discovered in the Whirlpool Galaxy — the spiral galaxy Messier 51 (M51) — by NASA’s Chandra X-ray Observatory, NASA said in…MORE

The search for creative solutions to the thorniest issues in Biden’s agenda as deadline pressure kicks into high gear

The search for creative solutions to the thorniest issues in Biden’s agenda as deadline pressure kicks into high gear

There comes a point in every major legislative negotiation when a deal is in sight, but not close enough to be a sure thing. Significant portions are agreed to, even drafted into the text, but the outstanding issues are the most complex and in need of not just hardline negotiations, but often quite creative staff-driven…MORE

Major US airlines, travel industry leaders donate more than 20,000 flights for Afghan evacuees

Major US airlines, travel industry leaders donate more than 20,000 flights for Afghan evacuees

Seven airlines, along with other travel industry leaders, are donating more than 20,000 airline tickets to Afghan evacuees to get to their final destinations in the US, matching an additional 20,000 flights contributed by the public, the White House, Welcome.US, major airlines and Miles4Migrants will announce Tuesday morning. The 40,000 flights cover the majority of…MORE

Trump SPAC slumps after wild week of trading

Trump SPAC slumps after wild week of trading

The shell company that plans to merge with former US President Donald Trump’s new media firm is losing some steam after last week’s trading bonanza. Shares of Digital World Acquisition Corp. dropped nearly 11% on Monday. The stock was flat in premarket trading Tuesday. Digital World Acquisition Corp. skyrocketed by as much as 1,657% last…MORE

Elon Musk is now worth more than ExxonMobil

Elon Musk is now worth more than ExxonMobil

Elon Musk is rapidly approaching a net worth of $300 billion, as Tesla’s market cap soars past $1 trillion. That’s enough to surpass one of his biggest rivals: ExxonMobil. As of Monday’s close, Musk’s net worth was $289 billion, according to the Bloomberg Billionaires Index, which surpasses the $272 billion market value of ExxonMobil, the…MORE

FDA’s independent vaccine committee meets to discuss Pfizer’s Covid-19 vaccine for young kids

FDA’s independent vaccine committee meets to discuss Pfizer’s Covid-19 vaccine for young kids

The US Food and Drug Administration’s independent vaccine advisory committee meets Tuesday to discuss if the Pfizer/BioNTech Covid-19 vaccine should be authorized for children ages 5 to 11. Pfizer’s vaccine is already authorized under emergency use for children 12 to 15 and is approved for people 16 and older. The committee will listen to and…MORE

Tight race for Virginia governor enters final week with national implications on the line
Win McNamee/Getty Images

Tight race for Virginia governor enters final week with national implications on the line

The neck-and-neck race for Virginia governor has entered its final week, with Democrat Terry McAuliffe and Republican Glenn Youngkin nationalizing their campaigns in markedly different ways. For McAuliffe, a steady stream of high-profile Democratic surrogates has turned the race into a referendum about the past eight years of Democratic leadership in the commonwealth as well…MORE

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