US Business

Twitter cited the risk of further incitement of violence following the Capitol attack for the ban. Meanwhile, Google suspended social-media app Parler over content inciting violence, and Apple threatened to do the same.

Google said it acted because of “continued posting in the Parler app that seeks to incite ongoing violence in the U.S.” Apple also threatened to ban Parler from its app store.

Acacia is scrapping a plan to sell itself to the networking-equipment giant for roughly $2.6 billion as the companies dispute the status of the Chinese government’s approval for the combination.

Roku agreed to acquire the rights to content from Quibi, a deal that will make the defunct short-form streaming service’s shows available on the biggest streaming-media player in the U.S.

The value of Tesla’s shares rose around 6% intraday Thursday, enough for Elon Musk to surpass Amazon’s Jeff Bezos in the Bloomberg Billionaires Index.

The plane maker will pay $2.5 billion to resolve a criminal probe as it admitted that employees deceived aviation regulators about safety issues leading to two deadly crashes of the 737 MAX.

In the wake of the riot at the Capitol, companies moved to cut ties with President Trump and his supporters and fired workers who participated.

Restrictions on the president’s accounts were implemented after pro-Trump rioters invaded the Capitol and threatened lawmakers.

Inspectors general offices at the Treasury, FDIC and the Federal Reserve, as well as banking regulators at the OCC, are investigating the company’s business-card sales practices.

A manufacturing trade group and a coalition of unions suggest President Trump should be removed from office.