Year: 2022

Twitter adopted a poison-pill takeover defense to make it difficult for Elon Musk to increase ownership beyond 15%. The move comes a day after the tech entrepreneur made a $43 billion unsolicited bid for the social-media company.

The administration said it would sharply reduce the acreage available for leases and charge higher royalties on the oil and gas produced.

Twitter executives spent years trying to promote what they called healthier discourse on the platform. Now Elon Musk wants to take the company in a different direction.

Elon Musk proposed buying the social-media company for $54.20 a share in cash, calling it his “best and final offer.”

The Tesla and SpaceX leader follows his latest ambitions with his $43 billion Twitter bid.

U.S. retail sales rose in March for the third straight month as consumers confronted the highest inflation in four decades and absorbed high gasoline prices.

Many entrepreneurs lease their equipment. Then, if hurt by the pandemic, they find they face years of payments—even if the gear they rented is faulty.

U.S. companies, tapping one of the few flight corridors out of Moscow, are moving employees from Russia to the United Arab Emirates, a boon for the Gulf nation as it seeks to cement its place as a global commercial hub.

Starbucks chief Howard Schultz is pushing the company’s campaign against unionization, warning that expanded benefits can’t automatically go to unionized workers.