July 15 (Reuters) - Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in Marc

Twitter is now paying creators for a share of the ad revenue earned from ads served in the replies to their posts. Users who subscribe to Twitter Blue and have earned more than 5 million tweet impress

What comes up must come down — at least in the case of user engagement on Threads, Meta’s new Twitter competitor. Last week, the text-based social media platform reported a record 100 million sign-up

The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States. The PPI for final de

“If you look at the payment structure of these contracts, the more red tape, the more money Maximus makes,” Hatcher said. “The harder it is to get enrolled, the easier to get kicked off — the more mon

The investigation was opened in response to work published last year by The Markup By Colin Lecher Meta and major tax preparation companies inappropriately shared millions of taxpayers’ financial dat

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, March 5, 2021. Uninsured Americans pay nearly $98 on average for a vial of Eli Lilly 's generic insu

McKinsey surveyed 13,000 office workers around the world for a model to predict real estate demand. It estimated that $800 billion of real estate value will be wiped out from nine major cities. And

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital include

The US Federal Trade Commission (FTC) is considering whether to make it easier for folks to cancel deliveries and subscription services. People should be able to simply click on a page or in an app to

The number of corporate bankruptcies in Japan in the first six months of 2023 rose 32.1% from a year earlier to a five-year high of 4,042, as businesses took on increased debt to stay afloat amid the

If we’ve learned anything from this past year of Twitter clones, CEO fights, shitposting and bad, money-grabbing policies, it’s this: Making a social media company profitable is hard! After rolling o

The Federal Trade Commission (FTC) says it is appealing a recent US federal court order that cleared the way for Microsoft to purchase Activision Blizzard. The FTC has filed a notice that it’s appeali

South Korean automaker Kia said Wednesday it plans to invest over $200 million in its assembly plant in Georgia, where it will begin production of the electric EV9 SUV next year. The news comes as fo

July 12 (Reuters) - Amazon.com's (AMZN.O) Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunti

Under enforcement of the Uyghur Forced Labor Prevention Act (UFLPA), U.S. Customs and Border patrol has reportedly excluded Longi solar modules made with Tongwei polysilicon from entering the market,

Elon Musk, the owner of Twitter, has been accused of failing to pay approximately $500 million in severance to former employees of the company. The allegations were made by Courtney McMillian, Twitter

New York CNN — Pour one out for Anchor Brewing: America’s oldest craft brewer is shutting down after 127 years in business. The San Francisco-based company announced Wednesday it’s ceasing operation

Several lawyers who have had business before the supreme court, including one who successfully argued to end race-conscious admissions at universities, paid money to a top aide to Justice Clarence Tho

Inflation fell to 3% in June — the 12th-consecutive month of declines. Forecasts called for 12-month consumer price increases to slow from 4% in May to 3.1% in June — just about 1 percentage point ab

In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter in Los Angeles, April 17, 2023. The European Union's drug regulator on Tuesday said it has broadened an inves

US climate envoy John Kerry (L) gestures as he speaks next to China's special climate envoy Xie Zhenhua (R) during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. BEIJI

LONDON, July 12 (Reuters) - Britain's economy is so far proving resilient to higher interest rates, but it will take time for the full impact of the climb in borrowing costs to feed through, the Bank

From 17h ago 05.23 EDT Treasury Committee questions mortgage providers Over in parliament, MPs on the Treasury Committee are starting to question mortgage providers on rising rates, house prices and f

(Bloomberg) — Cava Group Inc.’s stock has surged since it started life as a listed company last month, and analysts generally agree further gains are on the way, with some comparing the fast-casual re

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will h

As Maryland officials oversee the rollout of recreational marijuana sales in the state, they’re also opening a second round of funding to help social equity cannabis businesses with operational costs

New York CNN — Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14,

A CURATED COLLECTION OF LIFESTYLE GOODS Discover unique gifts & products selected from independent brands around the world. Focusing on quality design and craftsmanship, La Gent curates unique collec

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LONDON, July 10 (Reuters) - An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey o

Instagram’s Threads app has hit 100 million users barely a week since its launch — making Meta’s Twitter rival app easily the fastest growing app ever. According to Quiver Quantitative’s Threads Trac

Nonfarm payrolls increased 209,000 in June and the unemployment rate was 3.6%, the Labor Department reported Friday. That compared with the Dow Jones consensus estimates for growth of 240,000 and a jo

SEOUL, July 10 (Reuters) - South Korea's financial services regulator has asked major commercial banks to prepare around $4 billion in financing to support a credit cooperative hit by customer withdra

Think Google, Apple, or Procter & Gamble have a monopoly? What if I told you 2 guys controlled 98% of all onions in Chicago at one point. Why? To pocket nearly $100 million through market manipulation