Most Twitter shareholders vote in favor of sale to Musk, sources say

Most Twitter shareholders vote in favor of sale to Musk, sources say

Twitter app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 12 (Reuters) – A majority of Twitter Inc’s (TWTR.N) shareholders have voted in favor of the social media company’s $44 billion sale to Elon Musk, people familiar with the tally said … Read more

NYC, California pensions ask credit card firms to help track suspicious gun buys

NYC, California pensions ask credit card firms to help track suspicious gun buys

New York City Comptroller Brad Lander speaks during a “Defend Democracy” rally, taking place on the first anniversary of the January 6, 2021 attack on the U.S. Capitol, in Brooklyn, New York, U.S., January 6, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Top New York … Read more

Starbucks executives, directors are sued over diversity policies

Starbucks executives, directors are sued over diversity policies

FILE PHOTO:A Starbucks coffee shop is seen in downtown Los Angeles, California, U.S., June 29, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Starbucks Corp (SBUX.O) executives and directors have been sued by a conservative think tank that believes the coffee chain’s efforts to promote diversity amount … Read more

Musk sends fresh letter to scrap Twitter deal after whistleblower claims

Musk sends fresh letter to scrap Twitter deal after whistleblower claims

Register now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Elon Musk has sent an additional letter of deal termination to Twitter Inc (TWTR.N) to include a recent whistleblower complaint from former security head of the social media firm as another reason to scrap the $44 billion deal. Last week, Peiter Zatko, … Read more

Twitter misled U.S. regulators on hackers, spam, whistleblower says

Twitter misled U.S. regulators on hackers, spam, whistleblower says

Aug 23 (Reuters) – Twitter Inc (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint. In an 84-page complaint, Zatko, a famed hacker widely known as “Mudge,” alleged Twitter falsely claimed it had a solid security plan, according … Read more

NYSE delistings signal Beijing may be willing to compromise on U.S. audit dispute -analysts

NYSE delistings signal Beijing may be willing to compromise on U.S. audit dispute -analysts

A trader enters the floor of the New York Stock Exchange (NYSE) in New York City, U.S. June 14, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register HONG KONG, Aug 15 (Reuters) – The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) signals Beijing … Read more

Tesla shareholders broadly follow board recommendations at annual meeting

Tesla shareholders broadly follow board recommendations at annual meeting

Aug 4 (Reuters) – Tesla Inc (TSLA.O) shareholders voted for board recommendations on most issues at the company’s annual meeting on Thursday, including re-electing directors, approving a stock split, while rejecting proposals focused on environment and governance. Votes on three of the 13 proposals did not follow board recommendations, according to preliminary tallies presented at … Read more

JetBlue, Spirit near takeover deal that could come on Thursday-source

JetBlue, Spirit near takeover deal that could come on Thursday-source

July 28 (Reuters) – JetBlue Airways Corp (JBLU.O) is nearing a deal to buy Spirit Airlines (SAVE.N) that could be announced as soon as Thursday, a source familiar with the matter said, after Spirit canceled its $2.7 billion sale to Frontier Group Holdings (ULCC.O). The latest developments mark a victory for JetBlue in its months-long … Read more

Tesla raises spending plan, discloses new subpoena on Musk’s 2018 tweet

Tesla raises spending plan, discloses new subpoena on Musk’s 2018 tweet

Now expects to spend $6 billion to $8 billion this year Reveals $170 mln charge related to bitcoin holding Says fair value of digital assets is worth $222 mln July 25 (Reuters) – Tesla Inc (TSLA.O) has increased its capital spending plan by $1 billion, the electric automaker said in a regulatory filing on Monday … Read more

Exclusive: Hyundai subsidiary has used child labor at Alabama factory

Exclusive: Hyundai subsidiary has used child labor at Alabama factory

LUVERNE, Alabama, July 22 (Reuters) – A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker’s assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers, and eight former and current employees of the factory. Underage workers, in some … Read more