Musk found not liable in Tesla tweet trial
Jurors on Friday cleared Elon Musk of liability for investors' losses in a fraud trial over his 2018 tweets falsely claiming that he had funding in place to take Tesla private.
Feb 4, 2023
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Page 6 - News tagged with funds
Business
Toshiba sets March date for vote on spin-off plan
Japanese conglomerate Toshiba said Monday it would hold an extraordinary meeting of shareholders on March 24 to vote on its plan to spin off its devices unit.
Feb 14, 2022
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IMF urges El Salvador against using bitcoin as official currency
The International Monetary Fund on Monday warned El Salvador against using bitcoin as official tender given the risks associated with the cryptocurrency, a day after the country announced plans for the world's first "Bitcoin ...
Nov 23, 2021
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Italy to inject another 400 mn euros into airline
The Italian government on Tuesday approved injecting another 400 million euros ($400 million) into state-owned ITA Airways as efforts to sell off the airline stall.
Nov 8, 2022
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Business
Google to pay $90 mn in settlement with app developers
Google will fund a $90-million settlement to small app developers who had alleged the technology giant abused its market position, according to statements seen by AFP Friday.
Jul 1, 2022
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Trading app Robinhood says facing US regulator inquiries
Stock trading app Robinhood on Friday confirmed it is cooperating with inquiries from US regulators into its decision to temporarily throttle purchases of shares in companies such as GameStop during frenzied trading in January.
Feb 27, 2021
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Business
Advertising slump during virus crisis hits media jobs
Media redundancies, partial layoffs and managerial wage cuts are on the rise as advertising markets implode, despite customers showing an ever stronger appetite for information on the coronavirus crisis.
Aug 7, 2020
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UN agency cuts airlines some slack on CO2 emissions
The UN agency overseeing international aviation cut the COVID-hit industry some slack this week by modifying a landmark scheme to curb the sector's CO2 emissions.
Jul 1, 2020
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Business
Reddit users say GameStop rocket is revenge of the masses
For some Reddit users, GameStop's dizzying rocket ride on Wall Street is a case of the masses rebelling against one-percenters hoarding the world's wealth.
Jan 29, 2021
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Automotive
US forges new 'battery belt' in hopes of electric future
Growing up, Devante Cuthbertson assumed he might have to leave his North Carolina hometown to pursue a career, but a new multi-billion-dollar Toyota battery plant is offering him a reason to stay put.
May 9, 2024
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