Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.
Category: Stocks and Bonds
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The Week in Business: More Air Travel Chaos
The New York Times – Business:Consumer prices continue to cool down. Goldman Sachs began one of its largest rounds of layoffs since the 2008 financial crisis. And Elon Musk is to go to trial over a 2018 tweet about Tesla.
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Bob Jordan, Southwest Airlines’ CEO, on What Went Wrong
The New York Times – Travel:Southwest Airlines’ chief executive, Bob Jordan, said frigid temperatures and mistakes by the company caused its meltdown around Christmas.
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Investors Are Walking a Tightrope as Stocks Head for a Second Weekly Gain
The New York Times – Business:Signs of slowing inflation are competing with downbeat company forecasts as earnings season begins.
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Bob Jordan, Southwest Airlines’ CEO, on What Went Wrong
The New York Times – Travel:Southwest Airlines’ chief executive, Bob Jordan, said frigid temperatures and mistakes by the company caused its meltdown around Christmas.
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Tesla Cuts Prices Sharply as It Moves to Bolster Demand
The New York Times – Business:The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.
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Investing When Your Time Horizon Is Short
The New York Times – Business:Cut back on stock and bond holdings, and focus on money market funds, C.D.s, Treasury bills and other options that are now offering high yields, our columnist says.
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Scott Minerd, a Force, and a Voice, on Wall Street, Dies at 63
The New York Times – Business:He helped turn Guggenheim Partners into a global investing giant. He was also a CNBC and Bloomberg commentator and a philanthropist for human rights.
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Scott Minerd, a Force, and a Voice, on Wall Street, Dies at 63
The New York Times – Business:He helped turn Guggenheim Partners into a global investing giant. He was also a CNBC and Bloomberg commentator and a bodybuilder who pursued human rights work.
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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
The New York Times – Business:If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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The Week in Business: Slowing Job Growth
The New York Times – Business:Sam Bankman-Fried, the disgraced cryptocurrency executive, pleads not guilty to an array of charges. A bumpy road ahead for Tesla. And the latest inflation figures are coming out.