With a reported net worth of more than $300 billion, Tesla and SpaceX CEO Elon Musk said he could “technically afford” to purchase Twitter outright and also had plans to change the user experience of ...
Tag: Cutting
Tether Promises to Continue Cutting Commercial Paper Holdings
In brief Tether is a stablecoin pegged to the U.S. dollar. It’s backed by U.S. dollars as well as a slew of other holdings, including tokens, bonds, and commercial debt. For years, stablecoin is...
JetBlue is cutting its summer schedule to avoid further flight disruptions
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hi...
As inflation bites, higher-income consumers are cutting back, too
Miami, Florida, Brickell City Centre shopping mall with Apple Store, Chanel and escalators. Jeff Greenberg | Universal Images Group | Getty Images With as much as 60% of U.S. consumers living paycheck...
Speculation Mounts on Cutting Off Russian Oil – Trustnodes
Europe and Russia stand on the brink of a generational rapture as EU ambassadors meet tomorrow with new sanctions to be announced. Coal is banned, the EU commission president, Ursula von der Leyen, sa...
Verizon, Pfizer, Deutsche Bank—Here Are The Companies Cutting Ties With Russia Over Ukraine Invasion
Verizon extended its waive of fees on international calls, texting and roaming to and from Ukraine and surrounding countries Wednesday, adding to a growing list of companies that are distancing themse...
Pfizer, Deutsche Bank, JPMorgan—Here Are The Companies Cutting Ties With Russia Over Ukraine Invasion
Drugmaker Pfizer said Monday it would donate all profits from its Russian subsidiary to humanitarian aid in Ukraine and will no longer do “business as usual” in Russia, adding to a growing list of com...
Youtube, Disney, Goldman Sachs—Here Are The Companies Cutting Ties With Russia Over Ukraine Invasion
Youtube expanded its actions against Russia Friday, adding to a growing list of companies including JPMorgan Chase and Disney that are distancing themselves from Russia after its invasion of Ukraine. ...
Will cutting Russia off from SWIFT have the desired effect?
The European Union, US, and UK agreed to exclude some Russian banks from Swift in an effort to hit the aggressor’s banking network and its access to funds, BBC wrote. Swift enables the smooth and rapi...
Biden Said To Eye Cutting Moscow Off From SWIFT After Support Grows In Europe
Topline President Joe Biden is seriously considering kicking Russia out of the international financial-messaging system SWIFT, CNN reported Saturday, as more European countries said they backed the mo...
“Slava Ukraini!” Shouts Boris Johnson, Unveils Cutting Off Sanctions – Trustnodes
The British Prime Minister has shouted in Parliament the cry of Ukrainians in their day of war as he unveiled a raft of new measures in a “remorseless mission to squeeze Russia from the global economy...
Home Depot’s stock tumble cutting more than 220 points off the Dow’s price
Shares of Home Depot Inc. HD, -9.72% tumbled 9.8% in afternoon trading Tuesday, to pace the Dow Jones Industrial Average’s decliners, after the home improvement retailer reported fiscal fourth-q...
Nestle CEO open to doing a ‘big deal’ after cutting L’Oreal stake
The CEO of Swiss food and beverage giant Nestle has said it would be open to doing a “big deal” as it reasserts its growth strategy after cutting its stake in French cosmetics business L&#...
Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe. While most of the talk and headlines focus on a potential disruption of...
Kazakhstan is cutting off power supplies to crypto miners
Crypto miners in Kazakhstan are facing a major drawback, as reports have revealed that authorities in the country have cut off the power supply of miners owing to the growing crisis in the country. Bl...
Microsoft, Salesforce and Apple cutting about 116 points off the Dow’s price
The Dow Jones Industrial Average DJIA, -0.60% is rising 47 points, or 0.1%, to buck the selloff in the broader market, but it be up a lot more if it wasn’t for the blue-chip barometer’s bi...
Almost Unheard Of In This Cord Cutting Environment
Oprah Winfrey Getty Images for Global Citizen Oprah Winfrey Network, also known as OWN, was added on January 6 to Hulu + Live TV. The addition of carriage for any cable network is almost unheard of in...
Humana Sinks, Driving Down Insurers, After Cutting Medicare Outlook
(Bloomberg) — Humana Inc. shares plunged the most intraday in 13 years, dragging down rivals’ stocks, after the health insurer cut its forecast for Medicare membership growth by about half. Huma...
Analysts Are Cutting Meta Targets. But They Can’t Keep Up With the Falling Stock.
Text size Investors fled shares of the social-media giant after its fourth-quarter earnings report. Noah Berger/AFP via Getty Images Another analyst slashed his price target for shares of Facebook par...