Twitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company, leaving investors to wonder about the mercurial Tesla CEO’s next move. The social media company has adopted a “poison pill” defense that makes it difficult for Musk or any other investor to buy… Read More
NASA moon rocket faces more flight delays, repairs
The flight debut of NASA’s mega moon rocket faces additional delays following a string of failed fueling tests. Officials said Monday it will be challenging to meet a launch window in early to mid-June. The next opportunity to send an empty capsule to the moon on a test flight would… Read More
Yellen to see Ukraine PM while avoiding Russians
Treasury Secretary Janet Yellen plans to meet with Ukrainian Prime Minister Denys Shmyhal during this week’s big meetings of global economic leaders in Washington — but she’ll be trying to avoid most contact with Russian officials who plan to attend some portions of the event virtually. The Russian invasion of… Read More
China’s economy gets weak growth in Q1
Chinese leaders face pressure to shore up sinking economic growth after Shanghai and other cities shut down to fight coronavirus outbreaks, threatening to disrupt global trade and manufacturing. Growth slid to 1.3% over the previous quarter in the first three months of 2022, down from a 1.4% rate in last… Read More
Twitter activates ‘poison pill’ to defend against Musk
Twitter said Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it private. Twitter said the move, formally called a “limited duration shareholder rights plan,” aims to enable its investors to “realize… Read More
House probes gov’t use of facial recognition software
Two House committees have launched an investigation into the government’s use of facial recognition software that was most recently used by the Internal Revenue Service, but stopped after complaints from lawmakers and privacy advocates. Critics of the software said facial recognition databases could become a target for cyberthreats. They also… Read More
Finance company settles for $900K over illegal dog leasing
A California-based finance company has agreed to pay more than $900,000 to settle allegations that it was illegally leasing dogs in Massachusetts, the state attorney general’s office said. As part of the agreement entered in Suffolk Superior Court on Wednesday, Monterey Financial Services LLC will stop collecting on active leases,… Read More
Elon Musk plans hostile takeover of Twitter
Tesla CEO Elon Musk is offering to buy Twitter, saying the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private company. Twitter Inc. said in a regulatory filing on Thursday that Musk, currently the company’s biggest shareholder, has… Read More
First-time homebuyers scrambling this spring
While demand for homes has remained red hot, market conditions have slowed the pace of sales nationally compared with a year ago. Below are some facts and figures that show what prospective homebuyers are up against. Sponsored: What eggs do to senior brains — Just 870,000 homes were on the… Read More
BLM founder “triggered” by charity transparency
A controversial co-founder of Black Lives Matter, who was forced to resign in March over questions regarding millions of dollars in donations, said at an event Friday that laws regarding charity transparency were “triggering” and implied they were racist. Patrisse Cullors had been at the helm of the Black Lives… Read More
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