Musk demands 25% ownership of Tesla to expand AI. Here's why.
Musk, who currently owns about 13% of Tesla's stock, caused a "firestorm" with his comment about ownership, one analyst says.
Watch CBS News
Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Musk, who currently owns about 13% of Tesla's stock, caused a "firestorm" with his comment about ownership, one analyst says.
Borrowers who took out $12,000 or less in loans and have been in repayment for at least 10 years could get their debt erased.
Economists say U.S. economy is remarkably strong, but consumers say they aren't feeling it — and not just because of inflation.
Engine maker Cummins agreed to pay a $1.675 billion penalty and spend more than $325 million to remedy emissions violations.
Children "shouldn't go hungry because they lose access" to school meals, Agriculture Secretary Tom Vilsack said.
Millions of iPhone owners will share in a financial settlement Apple is paying over older devices running slowly.
Lawsuit filed a month before the mid-air blowout alleged that Spirit AeroSystems made parts with "an excessive amount of defects."
The discoveries came during initial inspections days after a door plug blew off an Alaska Airlines plane while it was in-flight.
The IRS expects nearly 129 million individual tax returns to be filed by the April 15 deadline. Here's what you need to know.
The aircraft is part of Boeing's Max line of jets, which have had a troubled safety history.
Alaska and United are the only two U.S. commercial airlines that operate Boeing 737 Max 9 aircraft, the type of plane involved in Friday's incident.
Here's where you can find last-minute groceries or a meal on New Year's Day, from Walmart to McDonald's.
Need last-minute champagne or a quick bite to eat? Here are the stores and restaurants open on New Year's Eve.
Millions of college students and their parents fill out the Free Application for Federal Student Aid each year. There are some big changes for 2024-25.
Some of the nation's 72 million Social Security recipients are getting a payment today — the second check this month.