In this article TWTR Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk has said his $44 billion purchase of Twitter will not move ahead until he has more clarity on how many accounts are fake. Twitter estimated in a filing earlier this month that fewer than
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Persistent supply chain struggles have shaken up the global commodity complex, which has ridden a wave of worries to new highs — as Russia’s war on Ukraine rages on. The story is no different for commodity ETFs. Many of these funds have seen huge inflows over the past several months — like the Teucrium Corn
U.S. Treasury yields slipped on Monday to start the new trading week as investors looked ahead to fresh economic data and monitored any clues on the path of monetary policy. The yield on the benchmark 10-year Treasury note fell 1 basis point to 2.9131%. The yield on the 30-year Treasury bond slipped 1 basis point
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis
BRENDAN SMIALOWSKI Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $44 billion acquisition of the social network “on hold” while he researches the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued
U.S. Senate Minority Leader Mitch McConnell (R-KY) faces reporters following the Senate Republicans weekly policy lunch at the U.S. Capitol in Washington, March 8, 2022. Evelyn Hockstein | Reuters U.S. Senate Republican Leader Mitch McConnell lead a Senate delegation to meet with Ukrainian President Volodymyr Zelenskyy in Kyiv on Saturday. The meeting was “a powerful
Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., speaks at the Dreamforce conference in San Francisco on Nov. 19, 2019. Salesforce’s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests against the company’s work with the
In this article TWTR Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal said Friday that he still expects the sale to Elon Musk to go through, but he’s continuing to run the company in case it doesn’t. “While I expect the deal to close, we need to be
CEO of Salesforce Marc Benioff attends a meeting with U.S. President Joe Biden and private sector CEOs in the State Dining Room of the White House on January 26, 2022 in Washington, DC. Drew Angerer | Getty Images Salesforce told employees in a Slack message on Thursday that the company will help them relocate if
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images As he and his colleagues engage in a
coronavirus impact business and economy Mf3d | E+ | Getty Images Omicron subvariants BA.4 and BA.5 have been detected in more than a dozen countries, helping fuel sporadic Covid outbreaks across the world, but the heavily mutated strains are still circulating at low levels, the World Health Organization said Wednesday. Less than 700 cases of
In this article GOOGL Google Pixel Watch Google Google announced several new gadgets during its I/O developer conference on Wednesday, including its long-awaited Pixel Watch, a new budget Pixel 6a phone and headphones. It also teased its flagship Pixel 7 phone, which is coming this fall, and said it’s working on a new tablet. Hardware
Mayor of London Sadiq Khan hopes to convince U.S. tech firms to invest more in London. Leon Neal | Getty Images Sadiq Khan, the mayor of London, traveled to California as part of a trade mission to try to convince Silicon Valley tech leaders to invest more money in the U.K. capital. On Tuesday, Khan
President Joe Biden said he could drop some of the tariffs imposed against Chinese imports to help control rising consumer prices in the U.S. — just as Wall Street braces for another inflation report north of 8%. The White House is reviewing the penalties imposed under former President Donald Trump — which raised prices on
A new Kaiser Family Foundation poll shows that half of us Americans think the days of COVID waves are over. Only a third of us think we face a new wave of infections. Which group is right? Is COVID over? Or are we in a new wave? You decide. NBC news announced at 4:33 pm
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters Amazon has fired two employees tied to an organizing campaign that resulted in the company’s first unionized warehouse in the U.S. Mat
A woman receives a Pfizer vaccination booster shot at Eugene A. Obregon Park in Los Angeles. Gary Coronado | Los Angeles Times | Getty Images The U.S. will have to limit the next generation of Covid vaccines this fall to individuals at the highest risk of getting seriously sick from the virus if Congress fails
In this article .SPX As interest rates in the U.S. rise, investors can put their money to work by looking at companies in the S&P 500 that can “increase their prices” and “maintain margins,” Kevin O’Leary told CNBC. “There’s plenty of them. That’s a good place to hide when you’re getting a 2% dividend yield,”