Twitter Inc. is drafting plans for broad layoffs, according to people familiar with the matter, days after the social-media platform was taken private by billionaire Elon Musk for $44 billion. The proposed layoffs are Read more
Tag: braces
U.S. IPO market braces for biggest deal of the year in AIG unit Corebridge Financial’s $1.8 billion offering
The U.S. initial public offering market is bracing for what’s expected to be the biggest deal of the year so far, that of the spin-off of AIG’s AIG, +1.31% life Read more
Tesla earnings preview: Wall Street braces for ‘difficult’ second quarter
Tesla Inc. is scheduled to report earnings on Wednesday after the bell, with Wall Street worried it will be a “difficult” quarter for the electric-vehicle maker amid ongoing supply-chain snags Read more