US Business
Crypto Firms, Executives Step Up Campaign Donations, Lobbying Ahead of Midterms
The industry is seeking influence in Washington as regulators increase their scrutiny of digital assets.
Month: November 2022
US Business
Elon Musk Says Twitter Has Had Massive Revenue Drop as Layoffs Begin
Elon Musk tweeted that Twitter has had a large drop in revenue due to activist groups pressuring advertisers, as the social-media company notified about half its staff that they were being let go.
US Business
Ex-MoviePass Executives Are Charged With Securities Fraud
The two men are accused of engaging in a fraudulent scheme to inflate the parent company’s stock and attract new shareholders.
US Business
The $300 Million Sneaker King Comes Undone
Reselling sneakers afforded Michael Malekzadeh a gold-plated lifestyle until complaints and threats over unfilled orders brought his business to a full stop. “This is a Bernie Madoff-size scam for the sneaker market.”
Education
Iconic Joplin Now Accepting Applications
(Joplin, MO) – Applications for Iconic Joplin are now open to youth ages 12 to 16 here. Endorsed by the Joplin Celebrations Commission, Iconic Joplin is the newest event celebrating Joplin’s 150th birthday. The Joplin History […]
US Business
For Chip Makers, the Flip from Shortage to Glut Intensifies
After sharp growth during Covid, semiconductor executives now put hiring on pause and cut costs amid high inventory.
US Business
Exxon Weighs Leasing, Selling Unused Office Space
The U.S. oil giant is examining how it uses its sprawling Houston-area campus as part of an effort to cut billions in structural costs.
US Business
General Mills, Audi, Pfizer Join Companies Pausing Twitter Ads
Advertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s plans for content moderation.
US Business
Peloton’s Quarterly Sales Fall Again but Losses Narrow
The company estimates sales for the current quarter could be roughly 37% lower than a year ago, as CEO Barry McCarthy says the turnaround is ahead of schedule.
US Business
Elon Musk Revamps Twitter With Help From Tesla Staff
Twitter’s new owner often reaches across his business empire to get things done.