Manchester United shares rise after Elon Musk jokes about buying the club

Manchester United shares rise after Elon Musk jokes about buying the club

Shares of the English soccer club Manchester United Plc briefly rose by as much as 17% in premarket trading on Wednesday, after Elon Musk jokingly tweeted “Also, I’m buying Manchester United ur welcome.” Photo by Catherine Ivill/Getty Images Shares of the English soccer club Manchester United briefly rose by as much as 17% in premarket … Read more

Twitter-Musk drama escalates in legal filings claiming bad behavior

Twitter-Musk drama escalates in legal filings claiming bad behavior

The Twitter-Elon Musk saga continued this week, as the two parties traded barbs in legal filings ahead of a five-day trial that’s scheduled to start Oct. 17. Newly released legal documents from lawyers representing Musk in a countersuit against Twitter claim the social media company engaged in a scheme to “mislead investors” by providing false … Read more

5 things to know before the stock market opens Thursday, July 28

5 things to know before the stock market opens Thursday, July 28

A trader works on the floor of the New York Stock Exchange (NYSE) following a Fed rate announcement, in New York City, July 27, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stock futures look soft US equities markets were set for … Read more

Elon Musk asks court to reject Twitter’s request for speedy trial

Twitter-Musk drama escalates in legal filings claiming bad behavior

“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement to buy Twitter for … Read more

Shopify cancels fall internships, pauses recruiting for further roles amid fallen stock price

Shopify cancels fall internships, pauses recruiting for further roles amid fallen stock price

Shopify Inc. headquarters sign is seen in Ottawa, May 3, 2022.Sean Kilpatrick/The Canadian Press Shopify Inc. is canceling internships and job offers for people who were to begin working for the Ottawa-based e-commerce company this fall, as it deals with challenges posed by its fallen stock price. In a statement to The Globe and Mail … Read more

Elon Musk makes meme on Twitter legal threat after scrapping $44-billion deal

Elon Musk makes meme on Twitter legal threat after scrapping -billion deal

Twitter’s stock slide more than 6% before the market open Monday, July 11, 2022, after billionaire Elon Musk announced late Friday that he will abandon his $44 billion offer to buy Twitter.Richard Drew/The Associated Press Elon Musk on Monday mocked Twitter Inc’s threat to sue him following his move to abandon the $44 billion takeover … Read more

Celsius asks users for more time to fix issues after withdrawal freeze

Celsius asks users for more time to fix issues after withdrawal freeze

Celsius CEO Alex Mashinsky. Piaras Ó Midheach | Sportsfile for Web Summit | Getty Images Embattled cryptocurrency lending firm Celsius has asked users to give it more time to stabilize liquidity and operations after the market downturn caused the firm to freeze withdrawals for its customers. The cryptocurrency market has seen trillions of dollars of … Read more

Elon Musk to address Twitter employees for first time in town hall

Elon Musk to address Twitter employees for first time in town hall

SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, March 2, 2019. Mike Blake | Reuters Elon Musk will speak to … Read more

Buy the dip in oil stocks, stay away from everything else

Buy the dip in oil stocks, stay away from everything else

CNBC’s Jim Cramer on Monday said the only stocks investors should be buying the dip on are oil names. “I want to be kind to this market and tell you it’s the same old buy the dips game plan. But in reality, the only dip that can be bought right now, at least, is the … Read more

Elon Musk Twitter: Twitter says waiting period for Elon Musk’s deal has expired | International Business News

Elon Musk Twitter: Twitter says waiting period for Elon Musk’s deal has expired |  International Business News

Twitter Inc said on Friday the waiting period under the HSR Act for Elon Musk’s $44-billion acquisition of the social media firm has expired. Completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders and the receipt of applicable regulatory approvals, Twitter said. The HSR Act, or the … Read more