(Reuters) – Elon Musk’s criticism of Twitter Inc sparked a barrage of abusive tweets against the company’s top lawyer on Wednesday, raising questions about his compliance with a non-disparagement agreement and the tone that the social media platform’s incoming owner will set for its users.FILE PHOTO: Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory […]

SYDNEY (Reuters) – The dollar was nearing heights not seen in two decades on Thursday as the energy crisis in Europe hamstrung the euro, while the yen was undercut by expectations the Bank of Japan would stick to its super-easy policies.FILE PHOTO: Banknotes of Euro, Hong Kong dollar, U.S. dollar, Japanese yen, GB pound and Chinese 100 yuan are seen […]

EXCLUSIVE: Like something out of a hackneyed Hollywood plot, the mysterious envelope picked up by Don’t Worry Darling director and star Olivia Wilde during her CinemaCon presentation last night for the New Line movie were legal documents from Ted Lasso star Jason Sudeikis. It is our understanding that the manila envelope, marked personal and confidential, which was placed on stage, were custody […]

A group of SAG-AFTRA members opposed to the film and TV industry’s vaccination mandate say they will stage a protest Thursday outside the union’s headquarters in Los Angeles. Oscar-nominated actress Sally Kirkland, a former Screen Actors Guild national board member, will be one of the speakers. As Covid restrictions are being lifted nationwide, the protesters say it’s time for Hollywood […]

Meta Platforms, parent company of Facebook and Instagram, reported a mixed bag of first-quarter results, beating Wall Street expectations for earnings but falling short in total revenue. Earnings per share slipped 18% from the prior-year quarter to $2.72, but that was still well above analysts’ consensus of $2.56. Revenue climbed 7% to $27.9 billion, short of forecasts for $28.2 billion. […]

Shares of Zentalis Pharmaceuticals, Inc. (ZNTL) gained nearly 14% on Wednesday morning after the clinical-stage biopharmaceutical company announced a $25 million equity investment from Pfizer Inc. (PFE). Both the companies also plan to jointly advance the clinical development of ZN-c3, a selective Wee1 inhibitor designed to induce synthetic lethality in cancer cells. ZNTL is currently trading at $24.87, up $3.03 […]

European stocks advanced on Wednesday, as a spate of strong corporate results helped outweigh worries over the Ukraine war, slowing growth and expectations of aggressive tightening by the Federal Reserve. Investors also shrugged off data showing that German producer prices rose 30.9 percent year-on-year in March, reflecting the effects of the Ukraine conflict for the first time. The pan-European Stoxx […]

Adani Wilmar (AWL) joined the elite group of companies with market capitalisation (m-cap) of Rs 1 trillion after the stock of Gautam Adani-led edible oil company hit a new high of Rs 802.80, up 5 per cent on the BSE in Tuesday’s trade. At 10:40 AM, AWL stood at the 50th position with an overall market-cap of Rs 1.04 trillion, […]

Chillers, rotisserie roasters, air conditioning units and storage gear stacked in the middle, white walls and ceilings, massive seismic V-shaped steel columns, no stock, most of the floor concrete poured, ready to be installed – that’s what it’s like inside New Zealand’s first Costco Wholesale. The nearly-finished warehouse at 2 Gunton Dr is a $100 million-plus membership store, costing $60/person […]