Elon Musk warns of major layoffs at Tesla

The head of the electric carmaker says he has a “super bad feeling” about the economy Tesla owner and CEO Elon Musk plans to cut 10% of the company’s workforce due to a “super bad feeling” he has about the economy, Reuters reported on Friday, citing an email form Musk to executives titled “pause all hiring…

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Texas governor 'encouraging' attacks on migrants – Mexico

The Mexican Foreign Ministry has accused the Texas governor of advocating “violent acts” against migrants attempting to reach the United States. Last week, Greg Abbott said his administration was doing all it could to tackle the immigration crisis, short of “shooting people.”

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Oil prices jump after Russia announces production cuts

Crude is on course for a 10% weekly gain as Moscow plans an output cut of 500,000 barrels per day in March Oil prices jumped more than 2% on Friday, heading for weekly gains, as Moscow announced plans to reduce crude production next month in response to Western price caps.

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