Connect with us
DAPA Banner

Business

Jury selection proves difficult in Elon Musk class action trial: report

Published

on

Jury selection proves difficult in Elon Musk class action trial: report

A federal judge in San Francisco reportedly spent more than five hours Thursday trying to seat a jury in Elon Musk’s upcoming investor class action trial, as prospective jurors acknowledged strong negative views toward the billionaire entrepreneur.

From a pool of 93, only nine jurors were selected after extensive questioning about whether they could put aside personal opinions about Musk, according to Bloomberg Law.

Advertisement

U.S. District Judge Charles Breyer said finding people with no opinion about Musk — known for leading X, Tesla and SpaceX — would be nearly impossible.

“He’s like the president of the United States, I could search the entire country,” Breyer said. “As a public figure, he will excite strong views, and for him in particular, people have strong views.”

ELON MUSK REVEALS PRICE OF TESLA’S CYBERCAB

elon musk in wisconsin

Elon Musk speaks during a town hall in Green Bay, Wisconsin, on March 30, 2025. (Robin Legrand/AFP via Getty Images)

Nearly 40 prospective jurors were quickly dismissed after saying they could not remain impartial, Bloomberg Law reported.

Advertisement

One said he disagrees “with the existence of billionaires.” 

Another said she hated Musk’s decision to fire content moderators after taking over Twitter

A third said that if the case were criminal, he would feel a “moral obligation” to convict Musk. 

All were excused, according to Bloomberg Law.

Advertisement

MUSK COMPANY CHOSEN FOR UNDERGROUND TRANSIT SYSTEM FOR UNIVERSAL PARKS

The X (Twitter) logo app store

The X logo appears on a smartphone screen in the Apple app store in this photo illustration on Feb. 19, 2026. (Thomas Fuller/NurPhoto via Getty Images)

Musk’s attorney, Stephen Broome, of Quinn Emanuel Urquhart & Sullivan, noted that the hostility was widespread.

“We have so many people in the venire who hate him so much that we’re becoming desensitized,” Broome said.

However, not all the strong opinions were negative toward Musk. 

Advertisement

One prospective juror described him as a “brilliant scientist” who has helped humanity. She was also dismissed, according to the news outlet.

TECH TITANS ELON MUSK AND REID HOFFMAN ATTACK EACH OTHER OVER LATEST EPSTEIN EMAILS

Parag Agrawal

Parag Agrawal speaks onstage during the HumanX AI Conference at Fontainebleau Las Vegas on March 10, 2025. (Big Event Media/Getty Images for HumanX Conference)

By the end of the day Thursday, jurors including a salesperson, a mechanical engineer and a university IT worker, had been selected. 

The trial, scheduled to begin March 2, centers on investor claims that Musk violated securities law in 2022 by publicly wavering on his agreement to buy Twitter, allegedly driving down the company’s stock price during negotiations.

Advertisement

Musk may testify during the roughly three-week trial, as well as former Twitter CEO Parag Agrawal.

CLICK HERE TO GET FOX BUSINESS ON THE GO

Musk could not be reached for comment.

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Coffee and ground beef prices surge most in 2 years, report finds

Published

on

Coffee and ground beef prices surge most in 2 years, report finds

Americans are facing a tale of two grocery lists.

While some prices are cooling, the items families rely on most for energy and nutrition — meat and coffee — are seeing sharp increases that wipe out any savings in the bread aisle.

Advertisement

Fourteen of the 25 most common grocery store staples rose in price from February 2024 to February 2026, with the top five largest increases coming from coffee (+55%), lettuce (+39%), ground beef (+31%), sirloin steak (+21%) and orange juice (+15%), according to a new report from CouponFollow that analyzed Consumer Price Index (CPI) data from the past two years.

Coffee was the fastest-rising staple in the study, with a pound of ground roast costing $6.09 in 2024 compared to $9.46 in 2026. Going back to 2020, coffee prices have reportedly increased 123%.

JAMIE DIMON WARNS IRAN WAR COULD DRIVE INFLATION, INTEREST RATES HIGHER

Ground beef has hit $6.74 per pound, a 31% increase from 2024 and 74% above pre-pandemic levels.

Advertisement
Customers shop for ground beef at grocery store

Customers shop for beef at a grocery store on April 6, 2026, in Los Angeles, California. (Getty Images)

With ground beef prices in mind, CouponFollow ran a “taco night test,” tracking specific meal scenarios to show how inflation affects consumers. A family of four is paying nearly $25 just for basic taco ingredients, compared to just $17.50 six years ago.

If you can live on eggs and toast, your bill might be lower than it was two years ago, with egg prices decreasing the most (-17%), followed by white bread (-8%), spaghetti (-8%) and butter (-7%).

Still, the report warns that “the items still climbing are rising fast enough to offset those declines.”

“Grocery inflation isn’t going away overnight, but small changes to how and where you shop can add up fast. Paying attention to which categories are rising and which are cooling, stocking up on pantry staples when prices dip, and being flexible with pricier proteins are all easy ways to stretch your grocery budget a little further,” CouponFollow notes. “Stacking those habits with coupons and deals can make an even bigger dent in your weekly bill.”

Economic experts have also recently cautioned that high oil prices due to the Iran war are pushing gasoline prices higher, and that could lead to grocery bills rising for American consumers.

The increase in oil, gas and diesel prices raises transportation costs for businesses, including grocery stores, which may face pressure to raise food prices and other items if the situation continues.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Advertisement

“Every time something moves in the economy, it will cost more,” said Derek Reisfield, co-founder of MarketWatch and a former McKinsey consultant. “Someone, usually the end consumer, will have to pay for that.”

Gregory Daco, chief economist at EY-Parthenon, previously told FOX Business: “For U.S. consumers, what this means is that while there is currently a price shock at the pump being felt directly by consumers, there’s still uncertainty as to how long this shock will last.”

READ MORE FROM FOX BUSINESS

Advertisement

FOX Business’ Eric Revell contributed to this report.

Continue Reading

Business

SigmaRoc executives acquire shares through employee plan

Published

on


SigmaRoc executives acquire shares through employee plan

Continue Reading

Business

Flowers Foods chief supply chain officer retiring

Published

on

Flowers Foods chief supply chain officer retiring

Search for successor to Tom Winters gets underway.

Continue Reading

Business

Rainbow Rare Earths Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:RBWRF) 2026-04-09

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

Continue Reading

Business

U.S. Money Markets: Slow Calm To Steady State

Published

on

U.S. Money Markets: Slow Calm To Steady State

U.S. Money Markets: Slow Calm To Steady State

Continue Reading

Business

Epam Systems stock hits 52-week low at $125.53

Published

on


Epam Systems stock hits 52-week low at $125.53

Continue Reading

Business

BlackBerry earnings up next: All eyes on FY27 revenue outlook

Published

on


BlackBerry earnings up next: All eyes on FY27 revenue outlook

Continue Reading

Business

The U.S. Tariff Shock In 2025 Vs. 2026 – Same Negative Impact, Different Drivers

Published

on

The U.S. Tariff Shock In 2025 Vs. 2026 - Same Negative Impact, Different Drivers

The U.S. Tariff Shock In 2025 Vs. 2026 – Same Negative Impact, Different Drivers

Continue Reading

Business

Main Roads buys $59m Naval Base sites

Published

on

Main Roads buys $59m Naval Base sites

The two purchases in Naval Base are part of Main Roads’ plans to make way for the state’s $7.2 billion Westport project.

Continue Reading

Business

American Airlines raises checked bag fees, trims economy perks amid soaring fuel prices

Published

on

American Airlines raises checked bag fees, trims economy perks amid soaring fuel prices


American Airlines raises checked bag fees, trims economy perks amid soaring fuel prices

Continue Reading

Trending

Copyright © 2025