Business

A federal judge blocked Penguin Random House’s planned $2.2 billion acquisition of the rival publishing house Simon & Schuster. It was a win for the Biden administration, which has sought to toughen its antitrust enforcement. […]

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A US Securities and Exchange Commission filing made by Twitter on Monday shows that before he completed his $44 billion acquisition of the company, Elon Musk dissolved the board in place and appointed himself chief […]

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Following Tesla CEO Elon Musk’s acquisition of the social media business, General Motors (GM) said on Friday that it is stopping its Twitter advertising, The Hill reported. Tesla’s competitor, GM, informed CNBC that it is […]

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Oil giants Exxon Mobil and Chevron reported a fourth consecutive quarter of massive profits on the back of a global energy crunch, The New York Times reported. The two largest oil companies in the U.S. […]

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The richest man in the world has completed his $44 billion takeover of the social media platform Twitter, and began his reign by firing top executives, Reuters reports. Elon Musk tweeted “the bird is freed” […]

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The richest man in the world has inserted himself into some of the most combustible conflicts across the globe. Over recent months, Elon Musk has emerged to be a new agent of chaos in global politics.  […]

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Adidas announced it will end its partnership with Kanye West following a rash of offensive behavior from the American rapper.  The once-thriving shoe brand was turned into a lightning rod for criticism after West, who […]

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Tesla and SpaceX CEO Elon Musk has said that he will slash 75 percent of the staff at Twitter after he acquires the platform. Twitter immediately stepped in to clarify to staff there are no […]

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As Russia continues to sow instability in the region, intensifying the war in Ukraine, Lockheed Martin announced ramping up production of M142 HIMARs multiple rocket launchers, which are in high demand in Ukraine and across […]

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Employees are being charged by their companies large sums of money for training after leaving their positions.  More and more people and advocates in healthcare, trucking, retail, and other industries have filed complaints with U.S. […]

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The co-founder of former president Donald Trump’s social media company has turned whistleblower. Will Wilkerson, a former Trump Media and Technology Group executive, has alleged the firm violated federal security laws and that Trump himself pressured […]

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Kanye West is buying the rightwing social media platform Parler. The sum of the deal has not yet been announced or disclosed.  Parler is popular among conservatives and the far-right in the U.S. Parler launched in […]

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The richest man in the world Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter.  The social media company revealed Musk is being investigated in […]

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The richest person in the world Elon Musk has denied a report that he spoke directly to Russian President Vladimir Putin.  The report said Musk talked with Putin about the potential for using nuclear weapons, […]

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Faced with the backlash it faced last week after the OPEC+ decision to reduce the oil cartel’s output target by 2 million barrels a day, Saudi Foreign Minister Prince Faisal bin Farhan tried to defend […]

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The third-largest railroad union in the US has revived the possibility of a strike in the vital railroad sector, rejecting a tentative deal with the Class I freight railroads. The Brotherhood of Maintenance of Way […]

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Amazon is investing more than 1 billion euros in its sprawling electric vehicle fleet across Europe over the next five years. Amazon will add thousands more electric lorries, vans, and cargo bikes to the growing e-fleet.  […]

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The Supreme Court is set to hear arguments in a case that could put climate, public health, and animal welfare regulations across the United States on the chopping block. The case is a pork industry challenge […]

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By establishing a new tax credit income rule that might qualify more housing projects and extending deadlines for when they must be put into service, the U.S. Treasury took action on Friday to protect and […]

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The last of the lender’s significant litigation resulting from the 2008 mortgage meltdown has been resolved with a $1.84 billion payment from Bank of America to bond insurer Ambac Financial Group, the bank announced in […]

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Flight attendants in the United States will now get more rest between workdays- no less than 10 hours – in line with the new rule the Federal Aviation Administration (FAA) announced on Tuesday. Following Tuesday’s […]

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Workers from hundreds of unionized Starbucks stores are expected to sit down for collective bargaining for the first time this fall, while others will vote in still more union elections to come. So far, more […]

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