Business News

A California jury has found that Elon Musk's misleading statements about Twitter's bot accounts depressed the company's stock price, defrauding investors and potentially leading to billions in damages.

The FCC approves Nexstar's $6.2B purchase of Tegna, granting a waiver that allows the merged company to reach 80% of U.S. TV households, far exceeding the 39% ownership limit.

Kalshi, a prediction market platform, has been temporarily banned in Nevada amid an ongoing regulatory battle over the future of such markets. This article delves into the latest developments in this evolving legal landscape.

The UK's financial watchdog launches investigation into Market Financial Solutions (MFS) after £1.3B asset-freezing order on founder Paresh Raja amid allegations of fraud.

CBS News has cut 6% of its staff, affecting dozens of journalists and crew members, as media personality Bari Weiss reshapes the news division's direction.

The International Energy Agency recommends adopting energy-saving measures like driving slower, working remotely, and adjusting cooking habits to ease the ongoing energy price crisis.

CBS News editor-in-chief Bari Weiss and president Tom Cibrowski announce layoffs, emphasizing it's not due to poor performance but a strategic move.

As the U.S. economy remains stable despite global oil price volatility, American consumers face the brunt of surging fuel costs. Explore the complex factors behind this economic disconnect.

The IRS is phasing out paper checks for federal payments, including tax refunds. Discover how to get your refund faster with electronic options.

The IRS is phasing out paper checks for tax refunds. Get expert advice on how to optimize your refund process and receive your money faster through electronic payments.