Tesla CEO Elon Musk promised that taking over Twitter would enable him to rid the social media platform of its annoying “spam bots.” Now he’s arguing — without presenting any evidence — that there might be just too many of those automated accounts for the $44 billion deal to move ahead. The sharp turnaround by […]

Home Depot’s first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance. Revenue increased about 4% to $38.91 billion, easily beating Wall Street expectations, according to a survey of analysts by Zacks Investment Research. Sales at stores open at least a year, a key indicator of a retailer’s […]

LONDON (AP) — Tesla CEO Elon Musk says his deal to buy Twitter can’t move forward unless the company shows public proof that less than 5% of the accounts on the social media platform are fake or spam. Musk made the comment in a reply to another user on Twitter early Tuesday. He spent much […]

NEW YORK (AP) — Walmart reported stronger sales for the first quarter, but its profits took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain. Walmart on Tuesday reported earnings of $2.05 billion, or 74 cents per share. Adjusted earnings […]

DETROIT (AP) — Tesla CEO Elon Musk gave the strongest hint yet Monday that he would like to pay less for Twitter than his $44 billion offer made last month. Musk told a Miami technology conference that a viable deal at a lower price would not be out of the question, according to a report […]

WASHINGTON (AP) — Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal. “We really need a regulatory framework to guard against […]

In the latest sign of turmoil inside Twitter amid Elon Musk’s planned buyout of the company, a Twitter general manager, Kayvon Beykpour, is leaving after 7 years. In a series of tweets Thursday, Beykpour said CEO Parag Agrawal “asked me to leave after letting me know that he wants to take the team in a […]

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan at its highest level since 2009. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate ticked up to 5.3% from 5.27% last week. By contrast, the average rate stood at 2.94% a year ago. […]

As the uproar over Elon Musk’s $44 billion buyout of Twitter reaches a crescendo, another Musk drama, still chaotic four years after it began, has been back in court. Ironically, that spectacle started with a Musk tweet about doing an audacious deal. Then, with Wall Street awaiting his next move, the Tesla CEO changed directions, […]

Acura launched its MDX three-row luxury SUV more than 20 years ago, and a redesigned fourth-generation model has arrived for 2022. It features a sleeker design, a more spacious cabin and a new range-topping Type S trim. The improvements go a long way toward revitalizing Acura’s top SUV, but it has to vie for shoppers’ […]