US Business
Twitter’s Mass Resignations Test Elon Musk’s Management Playbook
Mr. Musk has tried to frame demands for long hours of “hardcore” work at Twitter in altruistic terms but it isn’t clear that they are motivating employees.
Month: November 2022
US Business
Elizabeth Holmes Is Sentenced to More Than 11 Years in Prison for Defrauding Theranos Investors
A jury had convicted Elizabeth Holmes earlier his year on charges that she misrepresented the startup’s technology, finances and business prospects to investors.
US Business
Elon Musk Launches Twitter Poll About Reinstating Donald Trump’s Account
The Twitter boss shared details of company’s speech policy and tweeted that some accounts would be reinstated.
US Business
Carvana Plans to Lay Off 1,500 Employees
The planned workforce reductions come as the used-car retailer faces economic headwinds and an uncertain future, its CEO said.
US Business
FTX’s Sam Bankman-Fried Cashed Out $300 Million During Funding Spree
Nearly three-quarters of the $420 million that FTX raised in a fundraising blitz last year went to founder Sam Bankman-Fried, who sold some of his personal stake in the company.
US Business
Twitter Workers Say Farewell After Musk Ultimatum
The company followed up with practical details after Elon Musk challenged the remaining employees to be hardcore or leave.
US Business
Amazon CEO Jassy Says Layoffs to Extend Into 2023
The company’s chief executive said the job cuts have been the “most difficult decision” he has made.
US Business
BHP, World’s Top Miner, Nears Biggest Acquisition in a Decade
Australia’s OZ Minerals says it intends to recommend BHP’s revised offer valuing its equity at $6.34 billion.
US Business
New CEO Calls FTX ‘Unprecedented’ Mess in Filing
The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed filing with the bankruptcy court.
Government
Senator Bill White’s Capitol Report for November 17, 2022
Open Enrollment for Medicare Ends on December 7 Since 1993, Missouri’s free Medicare assistance and counseling service, CLAIM, has helped countless Medicare beneficiaries enroll for coverage and select the appropriate supplement. Open enrollment ends on […]