ORGANIZATION

As a result of the new commitments, Musk's margin loan financing for the Twitter deal has been reduced from $12.5 billion to $6.25 billion, while his equity financing has increased from $21 billion to $27.25 billion.

Netflix investors have filed a class-action lawsuit accusing the streaming behemoth of making false or misleading statements about its business, operations and prospects after it reported a loss of 200,000 subscribers in the first quarter of 2022.

Tesla CEO appeared to ramp up the pressure on multiple left-wing groups backed by teachers unions and George Soros who signed a letter pressuring Twitter’s top advertisers to boycott the social media platform if Musk follows through on his plans to ease free speech restrictions.

Many of the left-wing groups pressuring Twitter advertisers to boycott the platform if Elon Musk goes through with his promise to uphold free speech have been backed by Soros and teachers' unions.

Trump Media & Technology CEO Devin Nunes says the former president is "definitely in favor" of Elon Musk taking on "tech tyrants" with his purchase of Twitter.

Rep. Jim Jordan sent a letter to FTC Chair Lina Khan on Wednesday, questioning whether she has taken action on her former employer's calls for her agency to block Elon Musk's pending purchase of Twitter.

Musk told AP he is "honored and thank the Parliament for their invitation, but it would be premature at this time to accept, given that there has not yet been a shareholder vote" to approve the $44 billion deal.

CVS Health boosted its annual forecast after processing more prescriptions and adding hundreds of thousands of customers to its health insurance business in the first quarter.

If the workers are successful, the Cumberland Mall store would become Apple's first unionized retail location.

Lyft Inc. stock plunged 26% on Tuesday after the ride hail company said it would have to spend more heavily to attract drivers and forecast operating earnings less than a quarter of Wall Street targets, reflecting the added costs.

Elon Musk, who has agreed to take Twitter Inc. private in a $44 billion deal, has told potential investors he could return the social-media company to public ownership after just a few years.

Lyft Inc. said it would invest in the current quarter to ensure adequate driver supply and grow its ride-hailing platform, spooking investors as the spending weighs on operating profit.

Starbucks reported record quarterly sales for 1Q 2022, but higher costs put a dent in profits.

Companies and government accounts on Twitter may have to pay a slight fee to stay on the social media platform in the future, but the service will always be free for “casual users,” Tesla CEO Elon Musk, whose $44 billion bid for Twitter was accepted last week, tweeted on Tuesday evening.

Starbucks CEO Howard Schultz is leading a new push to beat back the unions.

Elon Musk on Tuesday called for an investigation into groups urging major corporate brands to draw a line in the sand with Twitter over potential changes to the social media giant once the Tesla CEO takes control of the platform.

Former Parler CEO John Matze unpacks Twitter’s potential under Musk’s leadership.

Microsoft co-founder Bill Gates also said that the digital realm has "facilitated kind of interesting but wrong ideas spreading very quickly."

Starting June 3, Landline will be transporting customers from regional airports in Allentown/Bethlehem, Pennsylvania, and Atlantic City, New Jersey, to the carrier’s Philadelphia hub.

The move comes about two months after Amazon announced plans to shutter its physical bookstores, Pop Up stores and 4-star stores.