Elon Musk avoided a trial over his purchase of Twitter, but the billionaire is headed back to the Court of Chancery next week.
Category archives: Business News
Walgreens Is Adding CityMD to Its Medical Clinic Portfolio in $8.9 Billion Deal
It’s the latest in billion-dollar moves from the likes of CVS and Amazon to acquire healthcare providers.
What Is ‘Decentralized Social Network’ Mastodon and Why Is Elon Musk Already Raging About It
The Twitter alternative is gaining thousands of users.
Apple Says COVID-19 Restrictions in China Will Delay iPhone 14 Pro and Pro Max
It’s an impact of China’s ongoing “zero COVID” policy.
Meta Is Reportedly Set to Lay Off ‘Thousands’ of Workers at Its Various Companies for the First Time
Facebook launched as “The Facebook” in 2004 and never posted a decline in quarterly revenue until this past July.
Elon Musk’s Twitter Mass Layoffs Have Begun: ‘Has The Red Wedding Started?’
There are also questions about the company’s compliance with the WARN Act.
Apple Is Now Valued More Than Alphabet, Amazon and Meta Combined
Tech stocks have suffered after posting poor quarterly earnings, but Apple dodged a wipeout.
Amazon’s Market Capitalization Drops to Over $900 Billion — the First Time It’s Been Below $1 Trillion Since April 2020
Although the e-commerce giant’s stock jumped about 93% from April 2020 to November 2021, last week’s less-than-ideal earnings report has caused Amazon’s market value to sink.
CVS, Walgreens Agree to $10 Billion Settlement Related to Opioid Crisis
Walmart is also reportedly contributing some $3 billion.
‘We’ve Been An Elite Restaurant’: Chick-fil-A Manager Started Offering a Three-Day Workweek. It Now Has 100 Percent Management Retention.
The Miami-based operator began offering employees the option to work full-time hours in three days, and retention, cleanliness, and recruitment are all up.