GM temporarily suspends advertising on Twitter following Elon Musk takeover
General Motors is suspending advertising on Twitter following Elon Musk’s takeover of the social media platform.
Omicron subvariants resistant to key antibody treatments are increasing every week in the U.S.
The subvariants BQ.1 and BQ.1.1 now represent 27% of infections in the U.S., a significant jump from the week prior when they made up about 16% of new cases.
Chrysler and Jeep parent Stellantis offering buyouts to some U.S. salaried employees
To be eligible, employees must be at least 55 years old and have been with the company for 10 years or have 30 years of service and have a pension.
FDA says two studies showing omicron boosters weren’t much better than old Covid shots were too small to come to any conclusions
The FDA pushed back against two independent studies that found the new boosters don’t trigger a better immune response than the old shots.
Analysts think the biggest stock winners this week are set to cool off — except two
The week’s 10 best-performing stocks include health care, industrial and finance stocks.
Apple stock closes out its best day since 2020
Apple stock had its best day since 2020 on Friday, closing up 7.5%.
Bank of America says 250 years of history point to turnaround for Treasury bonds
Normally a safe haven in time of market tumult, government bonds have gotten crushed in 2022.
Lawmakers urge tech CEOs to do more to help Iranian protesters circumvent internet censorship
They told the CEOs of Amazon, Apple, Google, Meta, Microsoft and DigitalOcean that they should be “more proactive” in getting important services to Iran.
Trump applauds Musk’s Twitter takeover, says the platform that banned him ‘is now in sane hands’
Musk has previously said he would reverse Trump’s ban once he owned the company, though the former president said he would not come back.
Amazon shares fall 7% on weak fourth-quarter forecast
Amazon gave weak guidance for the fourth quarter, and its third-quarter revenue fell short of expectations.
