Bloom Energy CEO K.R. Sridhar. Photo by Justin Sullivan/Getty Images

Bloom Energy founder and CEO KR Sridhar gave an interview to MarketWatch after the fuel cell maker's IPO last week, in which he falsely claimed the "the company is already profitable as of the second quarter," made similar claims about year-end expectations and then made unauthorized statements about existing shareholder sales.

Bottom line: Bloom subsequently filed "clarifications and corrections" with the SEC, and it's really an extraordinary document. It reveals that Sridhar either doesn't understand or appreciate the difference between GAAP and non-GAAP accounting, or cash-flow vs. net income.

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Updated 37 mins ago - Politics & Policy

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Illustration: Aïda Amer/Axios

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Dion Rabouin, author of Markets
2 hours ago - Economy & Business

CEO confidence skyrockets on expectations of layoffs and wage cuts

U.S. consumers remain uncertain about the economic environment but CEOs are feeling incredibly confident, the latest survey from the Conference Board shows.

Why it matters: Confidence among chief executives jumped 19 points from its last reading in July, rising above the 50-point threshold that reflects more positive than negative responses for the first time since 2018.

Louisville officer: "Breonna Taylor would be alive" if we had served no-knock warrant

Breonna Taylor memorial in Louisville. Photo: Brandon Bell/Getty Images

Sgt. Jonathan Mattingly, the Louisville officer who led the botched police raid that caused the death of Breonna Taylor, said the No. 1 thing he wishes he had done differently is either served a "no-knock" warrant or given five to 10 seconds before entering the apartment: "Breonna Taylor would be alive, 100 percent."

Driving the news: Mattingly, who spoke to ABC News and Louisville's Courier Journal for his public interview, was shot in the leg in the initial moments of the March 13 raid. Mattingly did not face any charges after Kentucky Attorney General Daniel Cameron said he and another officer were "justified" in returning fire to protect themselves against Taylor's boyfriend.