Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
Tesla CEO Elon Musk briefly moved away from talking about cars during Wednesday's earnings call to rave about his company's new health clinics for employees.
Musk said that Tesla's medical clinics offer "immediate first-class health care available right on the spot." Tesla says the offices are staffed by doctors and nurses, and overseen by an orthopedic surgeon, whom Musk did not name.
"If you become injured or ill for any reason you can find care on-site," Musk told analysts on the call.
Tesla is among a crop of technology companies that are providing on-site medical services to employees, part of an effort to improve care and keep workers healthy. Amazon is planning to open its own clinics next year, people familiar with the matter have told CNBC, and Apple is hiring doctors for its "AC Wellness" health centers.
Musk didn't provide a name for the medical center, but several people on LinkedIn say they are working in assistant or reception roles at "Tesla Clinic" in Fremont, California, where the company is located.
Other large, self-insured companies work with third-party vendors, such as Crossover Health and One Medical, which specialize in on-site and nearby medical clinics for workers.
On the earnings call, Laurie Shelby, the company's vice president of environmental health and safety, spoke about the importance of providing high-quality and accessible care to Tesla's workers.
"We are more than 10 percent better in our lost work days and days away," she said. "And our injuries are moving down year over year."