President Donald Trump’s order to rebrand the Department of Defense (DOD) as the “Department of War” this past summer will cost billions of dollars, a new report suggests. In September, Trump issued an executive order seeking to change the department’s name. Only a bill passed by Congress and signed into law by the president can make the change official, but the order requires all government…
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For more than a decade, Silicon Valley venture capitalists have poured enormous sums of money into newfangled technology companies seeking to disrupt, and even supplant, the traditional financial system and sidestep its burdensome regulations. At the same time, the Consumer Financial Protection Bureau has policed that effort, going after such businesses for deceiving…
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Tesla was already facing a wave of pushback to a proposed $1 trillion compensation package for CEO Elon Musk before the world’s richest man suggested during a quarterly earnings call on October 22 that he needs the package to build a massive “robot army.” If Tesla hits performance targets, the record-setting compensation package would give Musk up to $1 trillion worth of Tesla stock over the…
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India is the thirstiest user of groundwater in the world, sucking up more of this valuable resource than both the U.S. and China combined. Indeed, the country relies on groundwater (like lakes and rivers) to keep its crops irrigated, its industries running, and its people quenched. In some rural communities, as much as 85 percent of their drinking water is pumped from underground.
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