Musk disregarded warnings, hid Twitter stake, US lawsuit claims
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Elon Musk ignored repeated warnings about the U.S. securities disclosure obligations potentially triggered…
Saudi government to raise up to $12 billion from new Aramco share sale
By Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) – Saudi Arabia is selling a stake of roughly 0.64%…
Dell beats first-quarter revenue estimates as AI boom bolster server demand
(Reuters) -Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, ending a streak of six-quarters of decline, but…
WeWork cleared to exit bankruptcy and slash $4 billion in debt
By Dietrich Knauth NEW YORK (Reuters) -A U.S. bankruptcy judge on Thursday approved WeWork’s Chapter 11 bankruptcy plan, allowing the…
Billionaire investor Ackman considering backing Trump in US election, source says
By Carolina Mandl (Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former U.S. president…
Elon Musk could become policy adviser if Trump wins election, WSJ reports
WASHINGTON (Reuters) – Donald Trump is considering tapping billionaire Elon Musk as a policy adviser if the Republican presidential candidate…
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by…
Boeing says it’s making progress on 737 MAX anti-ice engine issue
WASHINGTON (Reuters) – Boeing said Wednesday it is making progress on developing a permanent solution to address an issue with…
ConocoPhillips to buy Marathon Oil for $22.5 billion in latest energy merger
(Reuters) -ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion all-stock deal, the latest in a series…
Elon Musk plans xAI supercomputer, The Information reports
(Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a…