Legal Experts Debate U.S. Retailers’ Risks of Signing Bangladesh Accord
The plan to assure safety factories in Bangladesh, forged after a deadly fire, could put American retailers who use the factories at risk for litigation, some specialists say.
Tesla Motors Repays $465M Government Loan 9 Years Early
Tesla Motors announced today it has completely repaid the $465 million loan from the U.S. Department of Energy the company received in 2010. The funds were generated by Tesla through a recent sale of their stock, worth close to a billion dollars. The stock price had risen sharply after the company reported its first profitable quarter (and the stock still sits roughly 50% higher than before their earnings release). Today's payment of $451.8 million finished off both the loan's principal and its interest, nine years before the final payment was due. Tesla CEO Elon Musk said, 'I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard to create the ATVM program, and particularly the American taxpayer from whom these funds originate. I hope we did you proud.'
Mark Twain Prize for American Humor awarded to Carol Burnett
The Mark Twain Prize for American Humor now goes through the legendary Carol Burnett. It was announced today (May 22) that Burnett is this year's prize winner.
Critics' Choice: 'Big Bang Theory' and 'American Horror' lead
It may seem like The Critic's Choice Television Awards are older, but they will be celebrating their third anniversary on June 10. The nominations for those awards were announced today
As American jobs decline, Berkeley students see rising prospects
What’s in a name? Often it’s the difference between success and failure. At the UC Berkeley 2013 general commencement, Cal alumnus Steve Wozniak shook hands with graduates as they discovered Berkeley's name carries job opportunities & a bright future