Twitter Inc. has sued Elon Musk for seeking to terminate his $44 billion acquisition deal for the company, and requested a court in Delaware force the world’s richest person to Read more
Tag: Corporate Actions
Rivian CEO letter: EV maker ‘not immune’ to economic slowdown, considers workforce reduction
Rivian Automotive Inc. is “not immune to economic conditions” and is readying a plan to cut costs, Chief Executive RJ Scaringe told employees in a letter made available Tuesday. The Read more
Opinion: ‘Quality’ companies are getting stronger yet their shares are down in this selloff. This is how to find the bargains.
If you’re a long-term investor, this year’s selloff is good news because it offers a great chance to pick up quality companies at a discount. But wait a second. If Read more
Elon Musk is losing more than $130 million on his Twitter stock
Shares of Twitter Inc. bounced Tuesday, but stayed below where he purchased his 73.1 million share stake earlier this year. The stock TWTR, +4.98% climbed 5.2% in afternoon trading. On Read more
These high-yield stocks are down as much as 58% this year. But their inflation-fighting dividends have room to grow.
It’s that time again — the monthly consumer-inflation report will be released July 13, and the numbers are expected to be ugly. If you are an investor who wants current Read more
Elon Musk tells Trump to ‘hang up his hat and sail into the sunset’
“‘I don’t hate the man, but it’s time for Trump to hang up his hat & sail into the sunset.’” That was Elon Musk responding to Donald Trump after the Read more
Opinion: Prime Day is here — and it’s a prime day for you to quit using Amazon
Amazon.com may seem to give consumers lots of options, but its dominance often denies them the one choice that many want: the ability to not to shop on Amazon. According Read more
‘I was the sole provider’: First-generation college graduate had a perilous path to her degree. Two decades later, she still has a $80,000 student debt
When Trisha Volosin enrolled in a college as a single mom, she hoped to become the first in her biological family to earn a bachelor’s degree. Little did she expect Read more
Sinch shares plunge for second day after saying it will have to restate results
Shares of Swedish telecommunications company Sinch plunged for a second day on Tuesday, after the company targeted by short sellers said it will restate its past financials. Sinch SINCH, -19.99% Read more
Australian BNPL companies Zip, Sezzle scrap merger plans
SYDNEY — Buy-now-pay-later rivals Zip Co. ZIP, +4.00% and Sezzle Inc. SZL, -34.94% have scrapped the planned merger that they had hoped would create the scale to better compete in Read more