Business

Twitter CEO and Elon Musk depositions did not begin Monday, despite dispute earlier filings in acquisition

Twitter CEO and Elon Musk depositions did not begin Monday, despite dispute earlier filings in acquisition

Washington CNN Business — Billionaire Elon Musk and Twitter CEO Parag Agrawal did not sit for deposits Monday as part of an ongoing merger argument despite earlier scheduling notices filed in a Delaware court, another twist in a closely watched case about the future of one of the world’s most influential social media platforms. The …

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Terraform Labs Co-Founder Do Kwon ‘Making Zero Effort To Hide’

Terraform Labs Co-Founder Do Kwon ‘Making Zero Effort To Hide’

photo: T. Schneider (Shutterstock) International crime-fighting agency Interpol reportedly issued a notice instructing law enforcement agencies worldwide to arrest Terraform Labs co-founder and CEO Do Kwon. Somehow, Kwon is still trying to convince the world, and likely himself, that he’s in fact, not on the run. South Korean prosecutors claim Interpol issued the so-called “red …

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Two arrested on fraud charges linked to ‘0mn insane’ in New Jersey

Two arrested on fraud charges linked to ‘$100mn insane’ in New Jersey

A New Jersey sandwich shop with a valuation of $100mn, which became a symbol of stock market exuberance, was at the center of an international conspiracy that defrauded investors and wrecked the ambitions of two high school teachers, according to an indictment unsealed in federal court on Monday. Federal agents in North Carolina arrested Peter …

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Dick’s Sporting Goods announces plans to hire up to 9,000 for holidays

Dick’s Sporting Goods announces plans to hire up to 9,000 for holidays

Check out what’s clicking on FoxBusiness.com Dick’s Sporting Goods on Monday announced plans to hire up to 9,000 workers for the upcoming holidays. It is seeking seasonal employees for positions at Dick’s Sporting Goods and subsidiaries Public Lands, Field & Stream and Going, Going, Gone!, according to the retailer’s announcement. The holiday hiring push will …

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Airport workers are striking and protesting across the country

Airport workers are striking and protesting across the country

Cashiers, baristas, bartenders, cooks and lounge attendants at San Francisco International Airport launched an open-ended strike Monday over staffing levels and wages, shutting down most of one of the nation’s busiest airport’s food concessions. Flight attendants at United and Southwest airlines on Tuesday are expected to demonstrate at 21 airports around the United States, including …

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Elon Musk’s legal team is frustrated after Twitter’s CEO cancels his deal deposition on short notice

Elon Musk’s legal team is frustrated after Twitter’s CEO cancels his deal deposition on short notice

Kevin Dietsch/Getty Images Parag Agrawal canceled an interview with Elon Musk’s lawyer the day before it was set to take place. The CEO has yet to reschedule, although the interview is expected to happen. Musk is expected to be interviewed later this week as part of the ongoing argument. Twitter’s Parag Agrawal canceled on short …

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Painful signs emerge that Fed is moving too far, too fast with aggressive rate increases

Painful signs emerge that Fed is moving too far, too fast with aggressive rate increases

Fed Chair Jerome Powell, testing before Congress in March: Is he too hawkish about inflation? (Kent Nishimura/Los Angeles Times) We have a term for the intentional infliction of pain on others: cruelty. So what are we to make of the Federal Reserve Board? The Fed, in statements associated with its campaign to bring down inflation, …

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Facebook and Instagram users can now easily switch between accounts

Facebook and Instagram users can now easily switch between accounts

In this photo illustration, a silhouetted woman holds a smartphone with the Meta Platforms, Inc. logo displayed on the screen. Rafael Henrique | Lightrocket | Getty Images Meta said Monday it’s testing new features intended to help people easily manage their Facebook and Instagram accounts through one interface. The move underscores Meta’s attempt to consolidate …

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