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U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk poses for a photograph with U.S. Air Force Academy Cadets in Mitchell Hall during a tour hosted by Superintendent Lt. Gen. Richard Clark on April 7, 2022. Musk met with Academy senior leadership and delivered remarks to a crowd of cadets and faculty. (U.S. Air Force photo by Justin R. Pacheco)

Twitter and Elon Musk: An Update

As of closing bell last night, Twitter was down 1.85% in the markets. Earlier in the year, Elon Musk was poised with $44 billion to acquire Twitter and then tried to back out of the…

Wall Street Deal Making Faces Greater Scrutiny Under…

The Biden administration’s antitrust enforcers are throwing sand in the gears of Wall Street’s deal machine. Under Chairwoman Lina Khan, the Federal Trade Commission is questioning mergers that likely would have gone unchallenged in years past—a…

Tomás Del Coro from Las Vegas, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons

Spirit Postpones Frontier Deal Vote…Again

Spirit Airlines agreed to push its shareholder vote on the Frontier deal again in order to give the airline more time to garner support from Spirit shareholders. Spirit, the nation's largest budget carrier, announced Wednesday that…

Theranos COO Founds Guilty on All 12 Charges

Former Theranos executive Ramesh "Sunny" Balwani was found guilty of 12 federal criminal fraud charges on Thursday, making him the second high-level leader of the now-defunct blood testing firm convicted of deceiving investors about its failed technology.…

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Amazon Reveals New Policy for Off-duty Workers

Amazon employees are now barred from accessing buildings and working areas if they are not scheduled to work that day, the company announced. The policy shift comes amid a feud with unions, who have criticized the…