Business

Elon Musk’s scripts with Jack Dorsey and Parag Agrawal detail turbulent Twitter negotiations |  Engadget

Elon Musk’s scripts with Jack Dorsey and Parag Agrawal detail turbulent Twitter negotiations | Engadget

A portion of Elon Musk’s private messages have been made public as part of his ongoing lawsuit with Twitter. The messages, revealed Thursday, shed new light on Musk’s behind-the-scenes negotiations with Twitter’s leadership, as well as discussions with former CEO Jack Dorsey, and how Musk’s conversations with CEO Parag Agrawal quickly soured. The messages include …

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‘No More Excuses’ – New York announces new zero-emissions car mandate by 2035

‘No More Excuses’ – New York announces new zero-emissions car mandate by 2035

New York Governor Kathy Hochhol announced Thursday that there will be “no more excuses” not to purchase an electric vehicle after directing the State Department to take important actions to speed up the state’s transition to clean transportation to protect the environment. In White Plains, New York, Governor Hochhol outlined the state’s ambitious new goals …

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Is the UK now buying?  Analysts stress after market crash and Bank of England intervention

Is the UK now buying? Analysts stress after market crash and Bank of England intervention

A security guard stands outside the London Stock Exchange building on December 29, 2020. Tulga Akmen | AFP via Getty Images British bond markets and the British pound fell this week as investors held off on the new government’s fiscal policy announcements, and some analysts believe opportunities are emerging. The Bank of England was forced …

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New York bans new gas-powered vehicles after California driving

New York bans new gas-powered vehicles after California driving

New York is following in the footsteps of California tires, taking drastic steps to reduce greenhouse gas emissions. The Empire State will completely ban the purchase of new petroleum-fueled cars by 2035. “Through sustainable state and federal investment, our actions are motivating New Yorkers, local governments, and businesses to transition to electric vehicles. Governor Cathy …

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ALS drug gets FDA approval despite uncertainty about efficacy |  CNN

ALS drug gets FDA approval despite uncertainty about efficacy | CNN

CNN – A new treatment for amyotrophic lateral sclerosis, or ALS, has been approved by the U.S. Food and Drug Administration. The U.S. Food and Drug Administration (FDA) announced approval of Relyvrio, developed by Amylyx Pharmaceuticals, on Thursday. The oral medication can be taken as a standalone treatment or in combination with other treatments, according …

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How low can stocks go?  Much further, Wall Street analysts say

How low can stocks go? Much further, Wall Street analysts say

In the midst of a bear market and the expectation that the Federal Reserve will raise interest rates further, leading Wall Street analysts are eyeing one question with growing concern: How far could stocks fall further? It’s impossible to predict the exact answer, but experts told The Hill they expect investors to see more pain …

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Nike stock drops 10% as executives expect cheaper clothing for at least the rest of the year

Nike stock drops 10% as executives expect cheaper clothing for at least the rest of the year

Shares of Nike Inc plunged as much as 10% after hours Thursday, after executives of the sports equipment giant said price-cutting efforts to kick off-season clothing from North American warehouses would reduce gross margins for the remainder of its fiscal year and warned of a blow. Great potential of dollar strength. Management also said it …

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Alzheimer’s treatment yields winning results, but what could it mean for patients?

Alzheimer’s treatment yields winning results, but what could it mean for patients?

The is Tuesday night news That a clinical trial of an experimental treatment for Alzheimer’s has worked like a blast — finally, a rare victory in a disease that has devastated nearly 6 million Americans and countless caregivers. The shout-out from Eisai and Biogen was based on data showing that people receiving the treatment, lecanemab, …

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Elizabeth Warren wants the FTC to stop Amazon’s .7 billion acquisition of iRobot

Elizabeth Warren wants the FTC to stop Amazon’s $1.7 billion acquisition of iRobot

picture: Chip Somodevilla (Getty Images) A few Democratic lawmakers led by Massachusetts Senator Elizabeth Warren have added their name to a growing chorus Activists call on the FTC to rein in the brakes Amazon acquires iRobot for $1.7 billion. Lawmakers warned that the deal, if allowed to enter, would harm consumers and “reduce competition in …

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Micron’s earnings suggest chip decline could be worse than Wall Street expects

Micron’s earnings suggest chip decline could be worse than Wall Street expects

Micron Technology Inc executives warned of a downturn in semiconductors in late June, but now they say the “sharp and sudden” drop in demand has exceeded even those expectations, suggesting that the current chip glut may be getting worse. micron MU, -1.94% On Thursday it reported a worse-than-expected fourth fiscal quarter, with revenue down 23% …

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