Musk told banks he will rein in Twitter pay, make money from tweets

April 29 (Reuters) – Elon Musk told banks that agreed to help fund his $ 44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with … Read more

In the Supreme Court shadow, Biden urges voters to protect abortion rights

WASHINGTON, May 3 (Reuters) – US President Joe Biden on Tuesday appeared to vote to protect abortion rights by backing candidates who support them in November’s elections after a leaked Supreme Court draft showed it could soon overturn its 1973 decision legalizing abortion. Biden said his administration would respond once the Supreme Court formally rules … Read more

Biden seeks huge $ 33 billion funding to support Ukraine

WASHINGTON, April 28 (Reuters) – President Joe Biden asked Congress for $ 33 billion to support Ukraine – a dramatic escalation of US funding for the war with Russia – and for new tools to siphon assets from Russian oligarchs. The vast funding request includes over $ 20 billion for weapons, ammunition and other military … Read more

Florida governor signs bill stripping Disney of self-governing authority

April 22 (Reuters) – Florida Governor Ron DeSantis on Friday signed a bill that strips Walt Disney Co (DIS.N) of self-governing authority at its Orlando-area parks in retaliation for its opposition to a new law that limits the teaching of LGBTQ issues in schools. The Republican-controlled legislature on Thursday approved the bill, which will eliminate … Read more

US Republican Marjorie Taylor Greene is not sure whether she advocates violence

April 22 (Reuters) – Republican US Representative Marjorie Taylor Greene on Friday told a lawyer for voters seeking to disqualify her from running for re-election that she did not know how to answer a question about whether she advocates violence against people with whom she disagrees . Greene testified in a Georgia state court in … Read more

US will no longer enforce mask mandate on airplanes, trains after court ruling

WASHINGTON / CHICAGO, April 18 (Reuters) – The Biden administration will no longer enforce a US mask mandate on public transportation, after a federal judge in Florida on Monday ruled that the 14-month-old directive was unlawful, overturning a key White House effort to reduce the spread of COVID-19. Soon after the announcement, all major carriers … Read more

Elon Musk’s arrival stirs fears among some Twitter employees

Concerns center around Twitter’s ability to moderate content Fear Musk’s views on moderation may allow trolling to flourish Twitter management, employees make daily decisions -spokesperson April 7 (Reuters) – News of Tesla (TSLA.O) Chief Executive Elon Musk taking a board seat at Twitter (TWTR.N) has some Twitter employees panicking over the future of the social … Read more

Russia hit with new round of US sanctions as Biden decries ‘major war crimes’

WASHINGTON, April 6 (Reuters) – The United States targeted Russian banks and elites with a new round of sanctions on Wednesday, including banning Americans from investing in Russia, in response to what President Joe Biden condemned as “major war crimes” by Russian forces in Ukraine. The new sanctions hit Sberbank (SBER.MM), which holds one-third of … Read more

Musk takes 9% stake in Twitter to become top shareholder, starts poll on edit button

Stake valued at about $ 3 billion Twitter shares surge 27% to close at $ 49.97 Strong response to Musk poll on edit button April 4 (Reuters) – Tesla Inc (TSLA.O) boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc (TWTR.N), worth nearly $ 3 billion, making him the micro-blogging site’s largest … Read more

JPMorgan’s Dimon warns of possible $ 1 billion Russia loss

Dimon concerned about the secondary impact of Ukraine conflict Dimon calls for increased US military presence in Europe Dimon urges revamp of US supply chain Fed rate hikes could be higher than market expects -Dimon NEW YORK, April 4 (Reuters) – JPMorgan (JPM.N) could lose about $ 1 billion on its Russia exposure, Chief Executive … Read more