Elon Musk Threatens Apple – TheStreet

Elon Musk Threatens Apple – TheStreet

Elon Musk is preparing for an almost inevitable showdown with Apple (AAPL) – Get Free Report and Alphabet (GOOGL) – Get Free Reportthe parent company of Google. The billionaire CEO of Tesla (TSLA) – Get Free Reportwho completed the acquisition of Twitter on October 27 at a hefty price of $44 billion, was quick to … Read more

Truth Social parent Trump Media’s merger with DWAC officially delayed

This illustration photo shows Donald Trump’s new social media app Truth Social’s logo on a smartphone in Los Angeles, February 21, 2022. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp., the blank check company that plans to take Trump Media and Technology Group and its Truth Social platform public, said Tuesday that … Read more

Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs

Fresh China COVID-19 worries are threatening to nix any preholiday gains for Wall Street, with stock futures in the red and the dollar higher ahead of Monday’s open. In a shortened week that will bring both Thanksgiving and the World Cup kickoff, investors have all sorts of excuses to head to the sidelines. Those sticking … Read more

Ohio’s Intel project triggers housing fears in tight market

COLUMBUS, Ohio (AP) — Intel’s announcement earlier this year of a $20 billion manufacturing operation bringing thousands of jobs to rural Ohio was greeted as an economic boon. But behind that enthusiasm lurked a pressing question. “Where are we putting everybody?” asked Melissa Humbert-Washington, vice president of programs and services at Homes for Families, which … Read more

White House on Taylor Swift Ticketmaster Debacle: Capitalism needs competition

White House Press Secretary Karine Jean-Pierre answers questions during the daily press briefing at the White House in Washington, August 9, 2022. Evelyn Hockstein Reuters White House Press Secretary Karine Jean-Pierre indicated that US President Joe Biden has little sympathy for Ticketmaster’s parent company live nation, which is reportedly facing an antitrust probe over the … Read more

Taylor Swift ticket snafu caused by Ticketmaster abusing its market power, Senate antitrust chair says

new York CNN Business — Senator Amy Klobuchar criticized Ticketmaster in an open letter to its CEO, saying she has “serious concerns” about the company’s operations following a service meltdown Tuesday that left Taylor Swift fans irate. In the letter to CEO Michael Rapino, the Democrat from Minnesota and chair of the Senate Judiciary Subcommittee … Read more

Key House lawmaker calls collapse ‘a dumpster fire’

Rep. Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Washington, DC Andrew Harrer | Bloomberg | Getty Images Calling the collapse of cryptocurrency exchange FTX “a dumpster fire,” House lawmakers called on US bank regulators Wednesday to step up oversight of the … Read more

Taylor Swift ticket fiasco leads to calls for Ticketmaster, Live Nation to break up

Taylor Swift accepts an award onstage during the MTV Europe Music Awards 2022 held at PSD Bank Dome on November 13, 2022 in Duesseldorf, Germany. Jeff Kravitz | Movie Magic | Getty Images There’s something about Taylor Swift and breakups. Activists and lawmakers are renewing calls to split Ticketmaster and Live nation after a fiasco … Read more

Geopolitical tensions rise after Poland missile hit

Stocks on the move: Billerud down 6%, Saab up 5% Shares of Swedish pulp and paper manufacturer Billerud fell more than 6% in early trade to the bottom of the Stoxx 600 after Jefferies cut its rating of the stock to “underperform” from “hold.” At the top of the index, compatriot aerospace and defense company … Read more

Jeff Bezos Makes a Major Announcement

Jeff Bezos is making headlines. The billionaire founder of Amazon (AMZN) – Get Free Report seems to have a media plan that he has been executing perfectly for several weeks. Last month, the tycoon warned of a deteriorating economy, advising businesses and consumers to prepare for tough days ahead. Interest rates are aggressively raised against … Read more