Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have caused investors to reconsider […]
Month: May 2022
Elon Musk: Doubt About Spam Accounts Could Scuttle Twitter Deal
“My offer was based on Twitter’s SEC filings being accurate,” Musk tweeted Tuesday.
After Helping Depress Twitter Stock, Elon Musk Floats Possibility Of Lower Purchase Price
He still seemed unenthusiastic about buying due to concerns about bots, he told a conference. “The more questions I ask, […]
Sony PlayStation Staff Outraged Over CEO’s Abortion Rights Stance In Email About Cats
One employee shared they’d “never been so mad about a cat birthday before,” according to Bloomberg.
Elon Musk’s ‘Hold’ On Twitter Deal Triggers Securities Fraud Concerns
“‘Temporarily on hold’ is not a thing,” wrote Bloomberg columnist Matt Levine. “Elon Musk has signed a binding contract requiring him to buy […]
Crypto Crash Leaves Trading Platform Coinbase Slumped
Cryptocurrency trading platform Coinbase has lost half its value in the past week.
Starbucks Broke Law By Firing And Threatening Pro-Union Workers, Labor Board Alleges
An official with the National Labor Relations Board filed a wide-ranging complaint accusing the coffee chain of violating workers’ rights.
US Added 428,000 Jobs In April Despite Surging Inflation
At 3.6%, unemployment nearly reached the lowest level in half a century.
The Fed Issued Its Biggest Rate Hike In 22 Years. Here’s How That Will Affect Your Finances
Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost of an auto […]
LinkedIn Settles With U.S. Over Alleged Pay Discrimination
The career-networking service has agreed to pay $1.8 million in back wages to nearly 700 female workers to settle a […]