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BusinessPowered by Microsoft News

Markets Insider · 7h
Elon Musk says $44 billion Twitter deal can't proceed until CEO proves the platform has fewer than 5% fake accounts
"My offer was based on Twitter's SEC filings being accurate," Musk tweeted Tuesday, again taking issue with fake and spam accounts on the platform.
USA TODAY · 1h
Study: Majority of lower-priced homeowners don't appeal higher property taxes
Fear of paying more and naivete plague many U.S. homeowners who still don't know they can appeal to avoid paying high property taxes.
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Bloomberg · 35m
Thirty Years After My Father Helped Bring McDonald's to Russia, It's Quitting the Country
There is a picture of me and a monkey from sometime in 1990, sitting in front of the first McDonald’s ever opened in Russia. Over my shoulder, you can see the metal barricades that had to be erected
MarketWatch · 44m
UK raises stakes in EU feud with threat to break Brexit deal
The British government dramatically escalated a fight with the European Union on Tuesday by saying it will pass a law to scrap parts of the trade treaty signed by the two sides less than two years
Fortune · 44m
Bill Ackman calls Terra a ‘pyramid scheme’ and warns that ‘hyping’ this kind of token ‘will destroy the entire crypto industry’
The billionaire investor Bill Ackman looked under the hood at the “algorithm” of TerraUSD’s so-called stablecoin and wasn't impressed. He says the community needs to “self-regulate” out schemes like
The Washington Post · 19m
Retail sales pop 0.9 percent in April, a sign consumers still eager to spend
Retail sales jumped 0.9 percent in April, a sign that consumers are still spending despite rising prices, according Commerce Department data released Tuesday. The broad-based increase drew on a
Reuters · 35m
EU antitrust watchdog raids fashion companies, suspects cartel
The EU antitrust watchdog said on Tuesday that it has raided companies in the fashion industry in several European Union countries on concerns that they may be taking part in a cartel. The European
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The Washington Post · 59m
In Hernan Diaz’s ‘Trust,’ the rich are not like you and me
Hernan Diaz’s new book, “Trust,” is about an early 20th-century investor. Or at least it seems to be. Everything about this cunning story makes a mockery of its title. The only certainty here is
Reuters · 1h
EXCLUSIVE-Nestle flies baby formula supplies to U.S. from Europe
Nestle SA is flying baby formula supplies to the United States from the Netherlands and Switzerland to alleviate the shortage in U.S. supermarkets, the company said on Tuesday. Nestle is moving
Bloomberg · 1h
Musk’s SpaceX Vies for Military Satellite Launches as Defense Giants Reset
Elon Musk’s Space Exploration Technologies Corp. is expected once again to vie against a joint venture of defense giants Boeing Co. and Lockheed Martin Corp. for shares of at least 39 U.S. military
The Columbus Dispatch · 23m
Hydrogen power plant proposed for former uranium enrichment facility in Southern Ohio
The Southern Ohio Diversification Initiative is working with the Texas company Newpoint Gas on the plant proposal.
Business Insider · 2h
The cost of ransomware attacks has more than doubled. Here's how companies can prevent and plan for these attacks, according to experts
Biden-Harris campaign cybersecurity staffer Jackie Singh and data privacy expert Debbie Reynolds explain how companies can prevent ransomware attacks.

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