Are California companies about to get more transparent?
California legislators are advancing two bills that would require companies to report more data about pay and internal practices. Business groups oppose the bills and say the data could be taken out of context.
Musk says he would reverse Twitter’s ban of Donald Trump
Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership.
Markets cheer after Powell downplays even larger rate hikes
The Dow Jones Industrial Average surged more than 900 points and the S&P 500 had its biggest gain in two years Wednesday after Federal Reserve Chair Jerome Powell downplayed the likelihood of an even larger interest rate hike after announcing the sharpest rate increase since 2000.
BBB CCIE Action Line: Consumer receives scam call impostering PG&E
Q: I got a phone call from “PG&E” saying that my electrical power is going to be shut off. They explained to me that I hadn’t paid my utilities bill for 3 months. I was scared about losing power, so I called my bank and wired them the money they wanted. I obviously know it was a trick now, but at the time I truly believed I was going to lose my power. Now they won’t stop calling me.
Musk sells $4B in Tesla shares, presumably for Twitter deal
Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter. Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices ranging from $872.02 to $999.13.
