Business

On the Tesla front, the richest person in the world has delivered the company’s first heavy-duty Semi truck, but it came without offering any kind of forecast of the cost for the vehicle, and without […]

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Just two days after he claimed Apple had threatened to pull Twitter from its app store, Elon Musk on Wednesday met with Apple CEO Tim Cook, pointing out afterward that they’ve had a “good conversation” […]

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Are you a renter who wants to rent out your own apartment? Airbnb is unveiling a new service just for that.  The home-sharing platform has introduced a new listing service in the United States that will […]

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The Saudi tourism sector is getting a big investment from the World Travel and Tourism Council. The World Travel and Tourism Council (WTTC) members will invest $10.5 billion in Saudi Arabia’s tourism sector.  Saudi Arabia is […]

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The European Union is looking to quickly resolve its differences with the United States over plans to give tax credits to consumers buying electric vehicles and other green products as long as they are made […]

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Twitter’s new top chief Elon Musk has caused chaos on the social media platform by making changes to its verification process.  To try and put some order in the verification system, Musk said that the […]

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In a move that will add to the company’s footprint in the Middle East, the e-commerce behemoth Amazon signed an agreement Wednesday with Abu Dhabi’s Lulu Group to start an online grocery store in the […]

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Technology firms are moving to lure thousands of former Twitter employees laid off by the social media company under its new owner, Elon Musk.  Tech companies are telling former Twitter employees that if they did […]

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After a federal judge blocked the $2.2 billion acquisition of Simon & Schuster the rival publishing house Penguin Random House planned, Simon & Schuster’s corporate parent has officially ended the agreement. According to the agreement’s […]

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The Trump Organization has signed a deal with Saudi Arabia’s Dar Al Arkan real estate company to develop a signature Trump Resort worth $4 billion in Muscat, Oman. The company said in a statement on […]

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The former CEO of Theranos Elizabeth Holmes was given a sentence of 11 years and three months in jail on Friday for her part in cheating investors of hundreds of millions of dollars, NPR reports. […]

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Chief Twit Elon Musk has told the remaining Twitter employees to be prepared to be “extremely hardcore” or to get out.  The new owner of the social media platform sent an ultimatum out to the […]

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Saudi Arabia’s sovereign wealth fund increased its stakes in Meta Platform and the parent company of Google, Alphabet.  The Public Investment Fund (PIF) released its 13F disclosure form on Monday. A 13F is when a […]

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A Georgia Superior Court judge barred on Tuesday Georgia’s six-week abortion from being enforced, founding it to be plainly unconstitutional when it was approved by Republican Gov. Brian Kemp in 2019 – more than three […]

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Billionaire Elon Musk said he has too much work on his plate. Musk made the comments on Monday by video-link to a business conference on the sidelines of the G20 summit in Bali. The billionaire said […]

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BlackRock and Saudi Arabia’s sovereign wealth fund have signed an agreement to jointly explore infrastructure projects in the Middle East, focused on Saudi Arabia. The Saudi Public Investment Fund (PIF) manages more than $600 billion […]

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According to an internal memo Disney CEO Bob Chapek sent to employees following a disappointing quarter, the Walt Disney Co. is planning to freeze hiring and cut some jobs ahead of the winter holidays. According […]

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Elon Musk’s ownership of Twitter is off to a rocky start. Musk’s control over Twitter entered its third week. And with it came hints of bankruptcy.  The billionaire laid bare a delicate financial future for the […]

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Microsoft is facing a new antitrust complaint over its cloud computing practices. The trade group CISPE, whose members include Amazon, took its grievance with Microsoft to the European Union antitrust regulators this week. Microsoft had new […]

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More than a week after he closed his $44 billion acquisition of Twitter, Tesla chief Elon Musk sold nearly $4 billion worth of shares in the electric car company, SEC filings showed Tuesday, surprising many […]

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Multiple publications report that Twitter informed staff on Thursday evening that Elon Musk will start making mass layoffs on Friday, The Hill informs. According to The Washington Post, the tough process of decreasing the worldwide […]

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Food prices are soaring, but something else is much higher too. Corporate profits.  Last year, the cost of a bag of chips was an average of $5.05. That has increased a dollar to $6.05. A […]

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