Monthly Archives: October 2022

Elon Musk selling Tesla stocks to fund his Twitter takeover is like giving away caviar to buy $2 pizza, Wedbush’s Dan Ives says

Elon Musk’s revived Twitter bid will be bearish for Tesla stocks, Wedbush analyst Dan Ives told the BBC Wednesday. Associated Press Elon Musk’s revived Twitter takeover is bad news for Tesla, according to Wedbush’s Dan Ives. Musk has offloaded Tesla shares this year to fund his $44 billion Twitter bid. “That’s like me giving away…

Delta Air Lines just unveiled 9 new gates at LAX as part of $2.3 expansion as it fights to keep the top spot at the airport

Delta Air Lines will open nine new gates on Oct. 5 in Terminal 3 at Los Angeles International Airport. Brady MacDonald / Insider Delta Air Lines will open nine new gates on October 5 in Terminal 3 at LAX. Delta has no intention of giving up its LAX passenger lead over American and United. ‘We…

Twitter employees are venting on social media and in private forums about Elon Musk’s agreement to buy Twitter

Twitter employees have expressed concerns about the deal before. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Some Twitter employees aren’t happy that Elon Musk has returned to his deal to buy the company. Several have expressed their frustration on social media and in private forums. One employee likened Musk’s U-turn to the plot of “Succession.” Some…

Kim Kardashian will pay $1.26 million in a crypto-related fine to the SEC. Here are other high-profile celebrities who have backed recent crypto ventures.

Kim Kardashian at the World Trade Center on June 21, 2022. Raymond Hall/GC Images Kim Kardashian agreed to pay the SEC $1.26 million related to an Instagram post promoting crypto. While most celebs have gone silent on crypto assets as prices collapse, Kardashian isn’t the only star who touted it in recent years. See other…

Rising US gas prices push the White House to explore a ban on US exports with midterm elections just 5 weeks away, report says

US President Joe Biden at a Cabinet Meeting at the White House. Kevin Dietsch / Getty Images The White House is eyeing a ban on exports of US gas to bring down rising prices at the pump. Biden has faced off with the oil industry over high gas prices, a key focus for his administration. …

Trump intimidated staffers so they wouldn’t challenge the erratic way he treated classified information, Washington Post reports

Mar-A-Lago is seen August 16, 2022 a week after the FBI raided the home of former President Trump, in Palm Beach, Florida, United States. Nathan Posner/Anadolu Agency via Getty Images Donald Trump would intimidate White House staffers, The Washington Post reported.  This meant they didn’t challenge him over how he handled classified information, the report…