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Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price

The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out.  » mehr lesen

Google Parent Alphabet to Cut 12,000 Jobs

The layoffs amount to about 6 percent of the global work force at the company, the latest tech giant to make cuts after a pandemic hiring spree.  » mehr lesen

Air Travel Debacles Put Pete Buttigieg in the Hot Seat

Pete Buttigieg, the transportation secretary, is facing scrutiny after a meltdown by Southwest Airlines and a Federal Aviation Administration system outage wreaked havoc on flights.  » mehr lesen

What Happens Next in the Debt Limit Debate?

The Treasury Department has started employing “extraordinary measures,” but the path to raising the debt ceiling is likely to be a long one.  » mehr lesen

Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign

Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.  » mehr lesen

Fed Rate Increases Have ‘A Ways to Go,’ Top Official Says

Christopher Waller, a Federal Reserve governor, said he favored a quarter-point move. Many of his colleagues agree — or haven’t ruled it out.  » mehr lesen

Tech Layoffs Shock Young Workers. The Older People? Not So Much.

The industry’s recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.  » mehr lesen

Top Law Firm Can Continue Advising FTX on Bankruptcy, Judge Says

Sullivan & Cromwell was under attack for a potential conflict of interest tied to its work for the crypto exchange before the bankruptcy.  » mehr lesen

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