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Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
Business

Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition

The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares. Source link

China Bans iPhone Use for Government Officials at Work
Business

China Bans iPhone Use for Government Officials at Work

The directive is the latest step in Beijing’s campaign to cut reliance on foreign technology and could hurt Apple’s business in the country. Source link

Messi Drives Jump in Apple TV+, MLS Subscriptions
Business

Messi Drives Jump in Apple TV+, MLS Subscriptions

The Argentine soccer superstar’s arrival brings more than 110,000 sign-ups to MLS Season Pass on the day of his first match with Inter Miami. Source

Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
Business

Saudi Arabia's Aramco Considers Selling $50 Billion in Shares

The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link

Tucker Carlson's Trump Interview Showcases Potential of Tie-Up With Elon Musk's X
Business

Tucker Carlson's Trump Interview Showcases Potential of Tie-Up With Elon Musk's X

The former Fox News host plans to stream pretaped conversation with the former president on X during Wednesday’s Republican presidential debate. Source link

Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push
Business

Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push

Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain’s strategy to expand beyond large

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX
Business

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX

The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster. Source link

Hawaiian Electric Is in Talks With Restructuring Firms
Business

Hawaiian Electric Is in Talks With Restructuring Firms

The utility is facing mounting litigation alleging it was negligent before and during the Maui wildfires. Source link

U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada
Business

U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada

The levies, announced in response to dumping allegations, could raise prices for canned foods, an industry group says. Source link