A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil trial … Read more
The Federal Communication Commission announced Thursday evening that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna. The move came on the same day that attorneys general in eight states and DirecTV filed separate lawsuits seeking to block the deal, arguing that it will lead to higher prices for consumers and … Read more
The U.S. is temporarily greenlighting the purchase of Russian oil that’s already at sea, Treasury Secretary Scott Bessent said Thursday, in the Trump administration’s latest move to loosen the wartime sanctions that restrict Russia’s oil industry as the world grapples with high oil prices. The authorization will last one month, and applies to petroleum products … Read more
Elon Musk took the stand in a shareholder trial on Wednesday in San Francisco, where he’s accused of making false and misleading statements that drove down Twitter’s stock price before he bought the social media platform for $44 billion in 2022. The lawsuit was filed in October 2022 in the U.S. District Court for the … Read more
Watch: Sen. Whitehouse slams Noem for luxury jet purchase by DHS – CBS News Watch CBS News Rhode Island Democratic Sen. Sheldon Whitehouse questioned the Department of Homeland Security’s plans to acquire a “luxury jet” during a Senate Judiciary Committee hearing where Kristi Noem is testifying. Source link
More than 20 town with large warehouses have become stealth targets for Immigration and Customs Enforcement’s $45 billion expansion of detention centers. Some communities complain that ICE isn’t telling them anything until after it has purchased space for thousands of detainees. In some cases, warehouses owners are refusing to sell. A look at some of … Read more