Economy

Elon Musk’s Twitter Drama Takes New Twist: Tesla CEO Might Be Forced to Complete $44 Billion Purchase

Billionaire and Tesla CEO Elon Musk may have terminated his $44 billion bid to purchase Twitter, but he may be forced to buy the company anyway.
Elon Musk Twitter Deal No More? Tesla CEO Backs Out of $44 Billion Buyout

Elon Musk Twitter Deal No More? Tesla CEO Backs Out of $44 Billion Buyout

Elon Musk pulls out of his billion-dollar deal with Twitter on Friday. Here's what the social company intends to do if their deal does not push through.
Donald Trump Left Social Media Company Before Federal Subpoenas; Trump Media Disputed Reports of Him Leaving

Donald Trump Left Social Media Company Before Federal Subpoenas; Trump Media Disputed Reports of Him Leaving

Former U.S. President Donald Trump has reportedly removed himself from the board of his social media company just weeks before the company was issued federal subpoenas, according to records.
Elon Musk Welcomed Twins Last Year With His Company’s Executive Shivon Zilis

Elon Musk Welcomed Twins Last Year With His Company's Executive Shivon Zilis

Tesla CEO Elon Musk has reportedly fathered twins with one of his artificial intelligence company's top executives, Shivon Zilis.
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New ADP National Employment Report to Launch Late Summer 2022

The ADP Research Institute and Stanford Digital Economy Lab to provide a more robust, high-frequency view of the labor market and trajectory of economic growth.
Sen. Mitch McConnell Says U.S. Labor Shortage Will Be Solved Once Stimulus Money Empties Out

Mitch McConnell Says U.S. Labor Shortage Will Be Solved Once Stimulus Money Empties Out

Senate Minority Leader Mitch McConnell has responded to the U.S. labor shortage problem by providing his own theory.
Argentina Peso Plunges After New Leftist Finance Minister Named

Argentina Peso Plunges After New Leftist Finance Minister Named

Argentina is facing some financial woes after the peso fell, with stock prices in the country also going down. This comes after moderate finance minister Martín Guzmán resigned from the cabinet and Argentinian President Alberto Fernández named leftist Silvina Batakis as his successor.
Newsweek-IBT Media Lawsuit: Key Details Omitted, Downplayed in Bombshell Report

Dev Pragad Lawsuit: Key Details Omitted, Downplayed in Bombshell Report

IBT Media purchased Newsweek in 2013 and is now asking a New York court to cancel a 2018 deal, in which Newsweek was spun off as an independent company.
Amazon CEO Jeff Bezos Slams Joe Biden for Urging Gas Companies to Lower Their Prices

Amazon CEO Jeff Bezos Slams Joe Biden for Urging Gas Companies to Lower Their Prices

Amazon CEO Jeff Bezos blasts President Joe Biden over gas price comment. Biden administration officials, push back.
Newsweek CEO Dev Pragad “Weaponized” Newsroom to Kill Olivet University in New York: Exclusive Report

Newsweek CEO Dev Pragad “Weaponized” Newsroom to Kill Olivet University in New York: Exclusive Report

Newsweek CEO Dev Pragad is facing accusations of fraud and threatening Christian churches, including a Christian university.
 Why Is Ken Griffin Leaving Chicago, Moving to Florida Along With $22-Billion Company?

Why Is Ken Griffin Leaving Chicago, Moving to Florida Along With $22-Billion Company?

Ken Griffin announces his move to transfer his company to Florida from Illinois. Here's might be the reason why.
VIRAL VIDEO: Tesla Model S Catches Fire in California, Highlights Burning Issues for EVs

VIRAL VIDEO: Tesla Model S Catches Fire in California, Highlights Burning Issues for EVs

One Tesla Model S has spontaneously burst into flames and kept reigniting as northern California firefighters used 4,500 gallons of water to put out the fire, according to Sacramento Fire District.
ADP to Announce Fourth Quarter Fiscal 2022 Financial Results Next Month

ADP to Announce Fourth Quarter Fiscal 2022 Financial Results Next Month

ADP, a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the fourth fiscal quarter ending on June 30 before the opening of the Nasdaq next month.
FDA Probes Death of Another Baby After Consuming an Abbott Milk

FDA Probes Death of Another Baby After Consuming an Abbott Milk

FDA investigates another case of baby death that allegedly occurred after consuming milk from Abbott.
Elon Musk’s Child Wants to Change Name, Cut Ties With Tesla CEO Father

Elon Musk's Child Wants to Change Name, Cut Ties With Tesla CEO Father

Elon Musk's child has filed a request to change her name in accordance with her new gender identity, adding that she no longer wants to live with or wish to be related to her biological father "in any way, shape, or form."
El Salvador President Nayib Bukele Asks for Patience as Bitcoin Price Crashes

El Salvador President Nayib Bukele Asks for Patience as Bitcoin Price Crashes

El Salvador has adopted Bitcoin as the country's official currency. And now, its president, Nayib Bukele, is addressing concerns regarding Bitcoin's latest crash.
Elon Musk Raises Alarm on Potential Threat of Social Media: ‘Is TikTok Destroying Civilization?’

Elon Musk Raises Alarm on Potential Threat of Social Media: ‘Is TikTok Destroying Civilization?’

Tesla CEO Elon Musk, who is currently in the process of purchasing the social media site, Twitter, asked if the popular video-sharing app TikTok is "destroying civilization." He would follow up the tweet by questioning whether social media in general is to blame.
U.S. Small Business Administration Announces Landmark Collaboration With Historically Black Fraternities and Sororities to Address the Wealth Gap Through Black Entrepreneurship

U.S. Small Business Administration Announces Landmark Collaboration With Historically Black Fraternities and Sororities to Address the Wealth Gap Through Black Entrepreneurship

In a first-of-its-kind agreement, U.S. Small Business Administration announces landmark collaboration with historically Black fraternities and sororities to improve financial literacy, outreach, and capital access opportunities across communities.
Bill Gates Net Worth: Here’s When Microsoft Co-Founder Can Become a Trillionaire

Bill Gates Net Worth: Here's When Microsoft Co-Founder Can Become a Trillionaire

Bill Gates net worth now stands at $120.6 billion, which went down by 1.49 percent or $1.8 billion. Bill Gates' net worth now stands at $120. 6 billion, which went down by 1.
Joe Biden Makes False Claims About Families Having Less Debt, More Savings Since He Took Office as He Addresses Labor Unions

Joe Biden Makes False Claims About Families Having Less Debt, More Savings Since He Took Office as He Addresses Labor Unions

President Joe Biden made a series of false claims as he addressed the largest federation of labor unions, saying families have more savings and less debt since he took office.
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