With a fortune of $270bn or thereabouts, Elon Musk is not a man strapped for cash. Thank goodness, for the entrepreneur may soon be compelled to make a sizeable donation to his favourite social-media platform. On September 13th shareholders of Twitter voted to approve the $44bn buy-out offer Mr Musk made in April. The decision… […]
An American Airlines worker is seen at the Los Angeles international airport in Los Angeles, California, U.S., October 31, 2021. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsWASHINGTON, Aug 25 (Reuters) – The death of an airline employee in December and another serious injury prompted the Federal Aviation Administration (FAA) to issue a safety alert on Friday… […]
Aug 25 (Reuters) – Rite Aid Corp (RAD.N) is preparing to file for bankruptcy in coming weeks to address lawsuits the drugstore chain is facing over its alleged role in the sale of opioids, the Wall Street Journal reported on Friday, citing people familiar with the plan.Shares of the pharmacy retail chain operator closed down… […]
Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsAug 25 (Reuters) – Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users’ sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed U.S. Treasury Department rule published… […]
The logo of Bayer AG is pictured at the facade of the historic headquarters of the German pharmaceutical and chemical maker in Leverkusen, Germany, April 27, 2020. REUTERS/Wolfgang Rattay Acquire Licensing RightsLONDON, Aug 25 (Reuters) – Bayer (BAYGn.DE) needs to make major changes, including “de-merging” two of its three business arms, investor Artisan Partners told… […]
Utility poles lead to downtown Dallas during a heat advisory due to scorching weather in Dallas, Texas, U.S. July 12, 2022. REUTERS/Shelby Tauber/File Photo Acquire Licensing RightsAug 25 (Reuters) – Texas power prices hit a 30-month high with demand expected to reach record-breaking levels on Friary as homes and businesses crank up their air conditioners… […]
“If you want to change the world, start off by making your bed,” Admiral William McRaven told the graduating class of 2014 at the University of Texas, Austin. What the us Navy counts as “making your bed”—square corners, centred pillow, blanket neatly folded at the foot of the rack—is idiosyncratic. Yet the admiral’s broader point… […]
[1/2] Snow capped mountains are reflected in Kenai Lake outside of Cooper Landing, in Anchorage, Alaska, U.S., November 3, 2021. REUTERS/Shannon StapletonWASHINGTON, April 13 (Reuters) – The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project that one day could help the United States compete with Russia to ship natural… […]
SINGAPORE, April 14 (Reuters) – Tesla Inc (TSLA.O) on Friday slashed prices for its electric vehicles in Europe, Israel and Singapore, expanding a global discount drive it began in China in January while raising concerns about its industry-leading profit margin.Tesla last week reported first-quarter deliveries up just 4% from the previous quarter despite offering discounts… […]
SAN FRANCISCO, April 13 (Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric (FFIE.O) on Thursday pushed back initial deliveries of its flagship FF 91 Futurist by another two months, saying they would depend on “substantial additional financing”.The Los Angeles-based company said it was down to about $30 million in cash as of Tuesday… […]
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