business news
How many F-bombs trigger an R rating? An obscure movie industry panel decides
A poster of Motion Picture Association film ratings hangs next to a poster displaying a message about new cleaning procedures in the lobby of Cinemark’s Century 16 at the South Point Hotel & Casino on in Las Vegas, Nevada. Ethan Miller | Getty Images How many F-bombs can a movie have before it’s rated R? […]
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Blinken raises concerns with China’s Wang Yi over Russia alignment
US Secretary of State Antony Blinken speaks about US policy towards China during an event hosted by the Asia Society Policy Institute at George Washington University in Washington, DC, on May 26, 2022. Jim Watson | AFP | Getty Images U.S. Secretary of State Antony Blinken said on Saturday he had discussed Russian aggression in […]
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Sri Lanka protesters, angered by economic meltdown, storm president’s house
People wait in a queue after receiving tokens to buy petrol due to fuel shortage, amid the country’s economic crisis, in Colombo, Sri Lanka, June 27, 2022. Dinuka Liyanawatte | Reuters Thousands of protesters in Sri Lanka’s commercial capital Colombo stormed the president’s official residence and his secretariat on Saturday amid months of mounting public […]
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Japanese mourn ex-PM Shinzo Abe a day after his assassination
A person prays next to flowers laid at the site where late former Japanese Prime Minister Shinzo Abe was shot while campaigning for a parliamentary election, near Yamato-Saidaiji station in Nara, western Japan, July 8, 2022. Issei Kato | Reuters A steady stream of mourners on Saturday visited the scene of former Japanese Prime Minister […]
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Elon Musk faces long legal war with Twitter, which has the upper hand, as he abandons deal
Billionaire Elon Musk on Friday moved to back out of his $44 billion deal to buy Twitter, citing continued disagreements over the number of spam accounts on the platform. While Musk may want to end his bid for Twitter, it’s not as easy as just walking away, according to legal experts. Instead, Musk likely faces […]
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Elon Musk has been expressing buyer’s remorse over Twitter for months
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Less than three months after agreeing to buy Twitter for $44 billion, Elon Musk says he wants out. It’s no surprise — Musk has been expressing buyer’s remorse since shortly after he announced the deal. Attorneys representing Musk sent a […]
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Elon Musk notifies Twitter he is terminating deal
SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Billionaire Elon Musk wants to end his deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company’s […]
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U.S. agency to open probe into fatal Florida Tesla crash
A Tesla that rear-ended a tractor-trailer at a rest area off Interstate 75 killing both the driver and passenger, is seen at the crash site near Gainesville, Florida, July 6, 2022. Florida Highway Patrol | via Reuters The National Highway Traffic Safety Administration said on Friday it will open a special investigation into a Florida […]
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Why tensions between China and Taiwan are on the rise
In May, President Joe Biden issued a stark warning to China: The U.S. would come to Taiwan’s defense militarily if China were to invade. “That’s the commitment we made,” Biden said in response to a question over the U.S.’ intention to protect Taiwan. “We agree with the ‘One China’ policy. We signed on to it.” […]
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Another vote delay leaves Spirit’s merger with Frontier in question while JetBlue circles
The fate of Spirit Airlines’ merger with fellow budget carrier Frontier Airlines is growing murkier. Spirit this week delayed its shareholder meeting for a third time, opening the door to more talks from both Frontier and rival suitor JetBlue Airways. The latter two delays each came just hours before Spirit shareholders were due to vote […]
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