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THE TRUTH ABOUT: 31 | History Defined

GM beats expectations, nets $3.3 billion profit in third quarter

General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021's third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty.

Tribune News Service · Oct 25, 2022

Elon Musk would cut 75% of Twitter workforce, according to report

Washington Post says the move would leave the company with a skeleton crew

Wales Online · Oct 21, 2022

Report: Elon Musk plans to cut 75% of Twitter workforce

Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company

The Independent UK · Oct 21, 2022

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Labor Department proposal could change gig worker and company rules

The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees.

WEKU · Oct 11, 2022

Labor proposal could upend rules for gig workers, companies

The U.S. Department of Labor is publishing a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees, potentially curtailing access to benefits and protections they rightfully deserve

The Independent UK · Oct 11, 2022

Is The Rivian Recall Just A 'Speed Bump' For The Amazon-Backed EV Company?

Rivian Automotive Inc (NASDAQ: RIVN) shares ran into a speed bump Monday morning after the company announced a voluntary recall of mo

Benzinga · Oct 10, 2022

To buy Twitter, Musk has to keep banks, investors on board

If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place

The Independent UK · Oct 7, 2022

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Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Tesla Stock Splits 3-For-1, Wedbush Raises Price Target To $360

Other analysts are more optimistic, with Oppenheimer's Colin Rusch and The Future Fund's Gary Black estimating price targets of $383 and $550, respectively.

InsideEVs · Aug 25, 2022

Whistleblower: bad news for Twitter, good news for Musk?

Elon Musk has spent months trying to get out of his $44 billion agreement to buy Twitter, saying the company has undercounted its fake and spam accounts

The Independent UK · Aug 23, 2022

Analysts Bet On Twitter Deal Getting Done After Elon Musk Goes On Another Tesla Stock Selling Spree

Elon Musk on Tuesday disclosed in six filings that he sold $6.85 billion worth of Tesla, Inc. (NASDAQ: TSLA) shares on Aug. 5.

Benzinga · Aug 10, 2022

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter

The Independent UK · Aug 10, 2022

Benzinga Before The Bell: Apple's Strong China Revenue, Amazon's EV Partnership, Jack Ma To Cede Control Of Ant Financial And Other Top Financial Stories Friday, July 29

Reuters Tencent’s Overseas Ambitions Face Resistance From India

Benzinga · Jul 29, 2022

Microsoft Earnings Fall Short as Computer Sales Sag

Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand. The US technology giant reported profit of $16.7 billion on revenue of $51.9 billion, topping the same quarter a year earlier…

Asharq Al-Awsat · Jul 27, 2022

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Los Angeles Times · Jul 18, 2022

How weird could things get if Twitter settles with Elon Musk?

As Elon Musk's imbroglio with Twitter moves from the boardroom to the courtroom, one might expect that, under the watchful eye of Delaware's Court of Chancery, things will take on a more predictable trajectory than they have so far.

Benzinga · Jul 13, 2022

Benzinga Before The Bell: Most Effective Covid-19 Vaccine, Google's Hiring Slowdown, Panasonic's New EV Battery And Other Top Financial Stories Wednesday, July 13

CNBC Bankrupt Crypto Firm Three Arrows Capital’s Assets Frozen By New York Judge

Tribune News Service · Jul 12, 2022

'Black eye for the company': How Ford is fixing spate of quality problems

Kevin Mamajek already had waited nearly eight months for his Mustang Mach-E when he got a call from the dealership telling him he'd have to wait a little longer.

The New Daily · Jul 8, 2022

‘Unattractive’: The many reasons why Elon Musk dropped Twitter bid

Elon Musk’s $US44 billion ($64 billion) bid to buy Twitter has hit a fresh snag amid new speculation that the billionaire might walk away soon.

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Asharq Al-Awsat · Jul 8, 2022

Elon Musk Deal to Buy Twitter in Danger

Twitter shares slid late Thursday after a Washington Post report that Elon Musk's $44 billion deal to buy the social media giant is in danger. The world's richest man has previously expressed misgivings and even implied he could walk away from the deal over concerns about what he believes are…

Tribune News Service · Jun 17, 2022

Tesla hikes prices for all models, including Model 3, but not all versions

Tesla has boosted prices by up to $6,000 for all models but not all versions of its electric cars.

Benzinga · Jun 3, 2022

Morning Brief: Top Financial Stories Dominating on Friday, June 3

CNBC

Benzinga · Jun 3, 2022

Apple In 'Winner's Circle' For NFL Sunday Ticket Rights Versus Amazon, Says Analyst

Apple Inc (NASDAQ: AAPL) analyst Dan Ives said the tech giant snagging the NFL Sunday Ticket Package could be a landmark deal.

Asharq Al-Awsat · May 26, 2022

Filing Says Elon Musk to Borrow Less in Twitter Bid

Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal. Twitter shares climbed more than 5 percent on the news, as the market evidently took it as a sign the…

Benzinga · May 25, 2022

What's Going On With Tesla Stock?

Tesla Inc (NASDAQ: TSLA) shares are surging by more than 6% on Wednesday. Despite the strong move, the EV stock is still down more than 35% year-to-date and nearly 25% in just the last month.

Benzinga · May 24, 2022

Expect More Musk-Related Fireworks At Twitter Shareholder Meeting This Week: Wedbush Analyst

Twitter Inc’s (NASDAQ: TWTR) special meeting with shareholders on Wednesday is expected to kick off some more fireworks between Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and the micr

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