TOPCMB

Twitter CEO says two leaders to depart, hiring paused amid Musk takeover

Twitter CEO says two leaders to depart, hiring paused amid Musk takeover

May 12 (Reuters) – Two senior Twitter (TWTR.N) leaders who oversee the consumer and revenue divisions will depart the social media company, Chief Executive Officer Parag Agrawal told employees in a memo on Thursday, in one of the biggest shake-ups at the company since billionaire Elon Musk announced he would buy it for $44 billion. …

Twitter CEO says two leaders to depart, hiring paused amid Musk takeover Read More »

Siemens to leave Russia due to Ukraine war, take hefty charge

Siemens to leave Russia due to Ukraine war, take hefty charge

Siemens to leave Russia after 170 years Russia makes up around 1% of total revenues Shares fall after earnings miss CEO condemns the war in Ukraine ZURICH, May 12 (Reuters) – Siemens (SIEGn.DE) will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro ($630 million) …

Siemens to leave Russia due to Ukraine war, take hefty charge Read More »

Indexes fall, led by Nasdaq, as inflation data offers little relief to investors

Indexes fall, led by Nasdaq, as inflation data offers little relief to investors

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on Q1 revenue slump, net loss Indexes: Dow down 0.1%, S&P down 0.6%, …

Indexes fall, led by Nasdaq, as inflation data offers little relief to investors Read More »

Tesla exports first cars from Shanghai since reopening plant - media

Tesla exports first cars from Shanghai since reopening plant – media

A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 11 (Reuters) – Tesla Inc (TSLA.O) on Wednesday made its first exports from China since reopening its Shanghai factory on April 19, as a shipment of 4,767 cars …

Tesla exports first cars from Shanghai since reopening plant – media Read More »

Celebrity chef Mario Batali acquitted of sexually assaulting woman in Boston

Celebrity chef Mario Batali acquitted of sexually assaulting woman in Boston

BOSTON, May 10 (Reuters) – Chief Mario Batali was acquitted on Tuesday of sexually assaulting a woman at a Boston bar in 2017 while posing with her for fan “selfie” photos, with the judge doubting the credibility of the accuser in the latest # MeToo era trial involving a US celebrity accused of misconduct toward …

Celebrity chef Mario Batali acquitted of sexually assaulting woman in Boston Read More »

Musk says he would reverse Twitter ban on Donald Trump

Musk says he would reverse Twitter ban on Donald Trump

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc …

Musk says he would reverse Twitter ban on Donald Trump Read More »

EXCLUSIVE Tesla halts production at Shanghai plant due to supply issues - sources

EXCLUSIVE Tesla halts production at Shanghai plant due to supply issues – sources

Tesla China-made Model 3 vehicles are seen during a delivery event at the carmaker’s factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 10 (Reuters) – Tesla Inc (TSLA.O) halted production at its Shanghai plant on Monday due to issues with securing parts for …

EXCLUSIVE Tesla halts production at Shanghai plant due to supply issues – sources Read More »

Morning Bid: Sell everything (except the dollar)!

Wall St sells off, led by growth shares amid rate concerns

Nasdaq leads decline Twitter falls as short-seller Hindenburg flags risk to Musk deal NEW YORK, May 9 (Reuters) – US stocks ended sharply lower on Monday, led by declines in mega-cap growth shares as the benchmark 10-year yield hit fresh 3-1/2 year highs and investors grew more concerned about the interest miss outlook. The S&P …

Wall St sells off, led by growth shares amid rate concerns Read More »

Bitcoin falls to 10-month low as stock markets tumble

Bitcoin falls to 10-month low as stock markets tumble

HONG KONG/LONDON, May 9 (Reuters) – Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of …

Bitcoin falls to 10-month low as stock markets tumble Read More »

Musk aims to quintuple Twitter's revenue to $26.4 billion by 2028, New York Times reports

Musk aims to quintuple Twitter’s revenue to $26.4 billion by 2028, New York Times reports

Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, US, May 2, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register May 6 (Reuters) – Elon Musk is aiming to increase Twitter’s (TWTR.N) annual revenue …

Musk aims to quintuple Twitter’s revenue to $26.4 billion by 2028, New York Times reports Read More »