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Business

Elon Musk Becomes First Person to Surpass $430 Billion Fortune

Elon Musk's net worth surpasses $430 billion, making him the world's richest man with $433 billion. This follows SpaceX's $1.25 billion insider share purchase and Tesla's all-time ...

Business

Russia Blocks Viber: A Blow to Messaging Freedom?

Russia's media watchdog, Roskomnadzor, blocks Viber for non-compliance with local laws, raising concerns over digital communication freedom and aligning with broader restrictions o...

Business

Russia Blocks Viber Messaging App Amidst Crackdown on Social Media

Russia's Roskomnadzor blocks Viber messaging app, citing violations related to preventing terrorism, extremism, and drug dealing. Rakuten Group, Viber's owner, has not yet commente...

Business

Amazon Workers in NYC Authorize Strikes Over Union Recognition

Amazon Teamsters at two NYC warehouses voted to authorize strikes after the company refused to recognize their union and negotiate a contract. Union leadership warns of impending a...

Business

Novo Nordisk Faces Share Drop Amid Ozempic Vision Safety Concerns

Novo Nordisk's shares dropped over 2% after a preprint study linked Ozempic to a rare vision condition. The study, by scholars from Norway and Denmark, found Ozempic users were twi...

Business

Elon Musk Faces SEC Deadline Extension in Twitter Takeover Inquiry

The U.S. SEC has extended its deadline for Elon Musk to respond to its settlement offer in an inquiry into his $44-billion takeover of Twitter. The SEC and Musk are currently engag...

Business

McKinsey's $650M Settlement: Addressing Its Role in the Opioid Crisis

Consulting firm McKinsey & Co. has agreed to pay $650 million to settle federal charges related to its role in the U.S. opioid crisis, including a strategy to boost OxyContin sales...

Business

BlackRock's Acquisition of Preqin Under UK Regulatory Scrutiny

The UK's Competition and Markets Authority has initiated a merger inquiry into BlackRock's proposed acquisition of Preqin Ltd, following a preliminary review. The phase 1 decision ...