Tesla Chair Denies That Board Sought to Replace Elon Musk

Tesla Chair Denies That Board Sought to Replace Elon Musk

Robyn Denholm, who leads Tesla’s board, said on social media that board members were “highly confident” in Mr. Musk, the company’s chief executive.
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive

UPS Says It Will Cut 20,000 Jobs in Efficiency Drive

The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.