Advertisement
Reuters
U.S. weighs security reviews for Musk deals, including Twitter buy – Bloomberg News
The SpaceX chief in recent times has taken to Twitter to announce proposals to end Russia’s war in Ukraine, and also said SpaceX cannot indefinitely fund its Starlink internet service in Ukraine. The discussions to review Musk’s ventures are at an early stage, sources told Bloomberg, adding that officials in the U.S. government are weighing what tools, if any, are available that would allow the federal government to review Musk’s ventures.
Bloomberg
Bolsonaro Goes on Public-Spending Blitz in Final Weeks of Brazil Race
(Bloomberg) — Jair Bolsonaro has opened the floodgates on public spending in the final stretch of Brazil’s presidential election, launching a flurry of measures meant to improve the perception of the economy and close the gap with his leftist challenger, former President Luiz Inacio Lula da Silva. Most Read from BloombergTwitter Tumbles as US Weighs Security Reviews for Musk DealsChinese Chip Startup Shows Key Gap in Biden Export CurbsTrump Deposed in Suit by Investors Claiming Fraud in ‘Appren
TheStreet.com
Home Depot Flirts With a 52-Week Low With Nothing to Build On
Shares of home improvement company Home Depot are trading lower Thursday. The stock is just a few dollars away from making a new 52-week low. With weakening indicators the downside looks like the path of least resistance.
Benzinga
Micron Bags Memory Chip Patent License Deal With Wi-LAN; Dismisses Pending Patent Litigation In US and China
Quarterhill Inc (OTC: QTRHF) (OTC: QTRH) Wi-LAN Inc’s subsidiaries, Innovative Memory Solutions Inc. (IMS), North Star Innovations Inc (NSI), and Cetus Technologies Inc have forged a license and settlement agreement with Micron Technology, Inc (NASDAQ: MU). The financial terms of the transaction remain undisclosed. Micron has obtained a license to patents owned by IMS, NSI, and Cetus, which generally relate to semiconductor memory technologies. Also Read: Micron Will Get Pricier With Improving D
American City Business Journals
Generac takes $55M charge likely related to Pink Energy matters
Generac Power Systems stock plunged after the company announced its revenue and earnings would fall short of previous projections in part because of a $55 million charge likely related to the bankruptcy and financial challenges of former customer Pink Energy.
Forkast News
Ripple lawyer says ‘worth the fight’ as SEC hands over Hinman files in court case
The U.S. Securities and Exchange Commission (SEC) has handed over internal documents to Ripple Labs Inc. containing comments by former SEC Corporation Finance Division director William Hinman on cryptocurrencies, Ripple’s general counsel Stuart Alderoty said on his verified Twitter handle on Friday.
American City Business Journals
Verizon shares plunge as Q3 profit decline shows cell subscribers are looking elsewhere
Verizon Communications Inc. shares sunk to an 11-year low Friday after the cell phone carrier reported a 23% drop in third-quarter profits as wireless subscriber growth slowed. The New York-based company also said it’s launching a new cost-savings program to improve operating efficiencies and mitigate inflation impacts. Verizon (NYSE: VZ) said third-quarter net income fell 23% to $5 billion, or $1.17 per share, from $6.6 billion, or $1.55 per share, a year ago.
Reuters
Banks forced to hold on to Twitter deal debt-sources
NEW YORK (Reuters) -The banks providing $13 billion in financing for Tesla CEO Elon Musk’s acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company’s fortunes and losses, people familiar with the matter said. The banks are not planning to syndicate the debt as is typical with such acquisitions, and are instead planning to keep it on their balance sheets until there is more investor appetite, the sources said. The banks, which include Morgan Stanley, Bank of America, and Barclays Plc, declined to comment.
Bloomberg
Twitter, Musk Talks Warm Up as Buyout Closing Deadline Nears
(Bloomberg) — Advisers to Twitter Inc. and Elon Musk are hard at work trying to get the $44 billion deal closed by the end of the month, according to people familiar with the matter.Most Read from BloombergChina Summons Chip Firms for Emergency Talks After US CurbsTrump Deposed in Suit by Investors Claiming Fraud in ‘Apprentice’ Videophone PitchesLiz Truss Odds: The Front-Runners to Replace the Prime MinisterWeed Is Coming to Circle K Gas Stations in US Next YearTwitter Tumbles After US Weighs
Associated Press
False election claims overwhelm local efforts to push back
Republican county commissioners in this swath of ranching country in New Mexico’s high desert have tried everything they can think of to persuade voters their elections are secure. Here and elsewhere, Republicans as well as Democrats are paying a price for former President Donald Trump’s relentless complaints and false claims about the 2020 election he lost. Many Torrance County voters still don’t trust voting machines or election tallies, a conspiracy-fueled lack of faith that persists in rural areas across the U.S. Just weeks before consequential midterm elections, such widespread skepticism suggests that no matter the outcome, many Americans may not accept the results.
KTVU
Lifestyle can affect risk of Breast Cancer
Daily habits can play a role in your body’s health. Breast Cancer Surgeon, Dr. Benjamin Raber explains that certain lifestyle changes could help decrease the risk of breast cancer.
