Rachel Lynn Aldrich

Rachel is an assistant editor for WORLD Digital. Follow Rachel on Twitter @Rachel_Lynn_A.

Associated Press/Photo by Chris Carlson (file)

SEC wants Musk out at Tesla

by Rachel Lynn Aldrich
Posted 9/28/18, 11:34 am

Tesla stocks slid on Friday after government securities regulators asked on Thursday for the removal of Elon Musk as CEO of the electric car company. The Securities and Exchange Commission asked the U.S. District Court in Manhattan to bar Musk from serving as an officer or director of a public company. The complaint says that Musk’s claim on Twitter in August that funding was secured for Tesla Inc. to go private at $420 a share was false and amounted to securities fraud. Musk and the company’s board later said they decided not to go private after all.

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Associated Press/Disaster Management Agency

Tsunami hits Indonesia after two Friday quakes

by Rachel Lynn Aldrich
Posted 9/28/18, 11:28 am

A tsunami hit central Sulawesi, Indonesia, on Friday, triggered by the second of two massive earthquakes earlier in the day. The tsunami swept away houses and families were missing, Indonesian disaster agency spokesman Sutopo Purwo Nugroho said in a TV interview. He said search and rescue efforts were underway, but operations were hampered by darkness. Communications are down in central Sulawesi, where the tsunami hit the provincial capital of Palu and the city of Donggala.

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Associated Press/Photo by Susan Walsh

Trump delays meeting with Rosenstein

by Rachel Lynn Aldrich
Posted 9/27/18, 01:20 pm

Not wanting to interfere with the ongoing confirmation hearing of Supreme Court nominee Brett Kavanaugh, President Donald Trump postponed his meeting with Deputy Attorney General Rod Rosenstein on Thursday. Rosenstein oversees special counsel Robert Mueller’s investigation into Russian interference in the 2016 U.S. presidential election. After a week of rumors that Rosenstein would either resign or be fired, the president said Thursday that he wants to allow him to keep working.

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