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07 May

Amazon's captive staff meetings on unions illegal, labor board official finds

(Reuters) -A U.S. labor board official believes Amazon.com Inc violated federal law during mandatory staff meetings it held in New York City to discourage unionizing, a board spokesperson said on Friday, in what could lead to a new legal precedent.

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06 May

Musk aims to quintuple Twitter's revenue to $26.4 billion by 2028 -NYT

Elon Musk is aiming to increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world's richest man to investors.

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06 May

Musk aims to increase Twitter's revenue to $26.4 billion by 2028 -NYT

Elon Musk is aiming to increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world's richest man to investors.

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06 May

Fed hawks Waller, Bullard push back on 'behind the curve' view

Two of the Federal Reserve's most outspoken policy hawks on Friday pushed back on the view that the U.S. central bank has missed the boat on the fight against high inflation, citing a tightening of financial conditions that began well before the Fed began raising interest rates in March.

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06 May

Amazon's captive staff meetings on unions illegal, U.S. labor director finds

A U.S. labor board official determined Amazon.com Inc violated federal law during mandatory staff meetings it held in New York to discourage unionization, a board spokesperson said Friday, in what could lead to a new legal precedent.

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06 May

Wells Fargo wins dismissal of shareholder lawsuit over commercial lending

A federal judge on Friday dismissed class-action claims that Wells Fargo & Co, the fourth-largest U.S. bank, misled or defrauded shareholders about its commercial loans.

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06 May

Musk plans to increase Twitter's revenue to $26.4 billion by 2028 -NYT

Elon Musk is claiming that he can increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented to investors.

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