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Musk Blames Activists for Twitter’s Plummeting Revenue
On Nov. 4, Elon Musk, Twitter’s new owner, blamed activists for what he calls a “massive drop in revenue...
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Lyft to Lay Off 683 Employees in Cost-cutting Push
Lyft Inc said on Thursday it would lay off 13 erpcent of its workforce, or about 683 employees, in the...
Fearing COVID, Workers Flee From Foxconn’s Vast Chinese iPhone Plant
By Ryan Woo BEIJING — After enduring days of lock-in at Foxconn's vast facility in central China with...
Elon Musk Completes $44 Billion Acquisition of Twitter
Elon Musk, the world's richest man, completed his $44 billion acquisition of Twitter Inc. late on Thursday...
Twitter Shares Will Be Suspended on NYSE Amid Musk Takeover
(Reuters) — Twitter Inc shares will be suspended from trading on Friday, Oct. 27, the New York Stock...
McKinsey Reaches Deal With Local US Governments Over Opioid Crisis
(Reuters) — Leading consulting firm McKinsey & Co has agreed to settle claims by hundreds of U.S....
Google Play in EU Antitrust Amid Android Fine Appeal
BRUSSELS (Reuters) — Alphabet unit Google's Google Play Store is the target of an EU antitrust investigation...
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Elon Musk Warns of a Global Recession Lasting Until Early 2024, Goes ‘Pedal to the Metal’ on Tesla Production
On Oct. 21, Elon Musk warned that the world is in for a global recession that could last until the spring...
Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...