Twitter board adopts ‘poison pill’ after Musk’s $43 billion bid to buy company
The board voted unanimously to adopt the plan.
Financial News
In an unexpected move, China holds back on cutting key rate
China’s central bank in a surprise move kept a key interest rate unchanged on Friday, despite expectations for more stimulus as Beijing grapples with a Covid surge.
Elon Musk says he’s ‘not sure’ he’ll be able to buy Twitter after $43 billion bid, teases a plan B
Musk’s comments came hours after a regulatory filing revealed that he offered to acquire Twitter for $54.20 per share, or about $43 billion.
Stocks rally on mostly positive earnings, snapping 3-day losing streak for S&P 500, Nasdaq
Corporate earnings season kicked off with mostly positive earnings, and traders looked past surging inflation numbers.
S&P 500, Nasdaq fall for a third day, reversing earlier gains, after report shows highest inflation since ’81
The recent spike in U.S. inflation has helped increase expectations of tighter monetary policy from the Federal Reserve.
Bitcoin falls below $40,000 for the first time in almost a month as investors assess global macro risks
The price of bitcoin was lower on Monday as investors assessed the risks of rising rates and the potential for more tightening by the Federal Reserve.
France’s Macron to face far-right rival Le Pen in presidential election runoff
French leader Emmanuel Macron and his far-right rival Marine Le Pen are set to face off in the final vote on April 24.
War crime charges won’t be enough to deter Putin — even as evidence of Russian atrocities mounts
Analysts suspect the threat of legal action will do little to move Moscow’s agenda.
War crime charges may not be enough to deter Putin — even as evidence of Russian atrocities mounts
Analysts suspect the threat of legal action will do little to move Moscow’s agenda.
UN votes to remove Russia from Human Rights Council
Libya is the only country to be suspended from the 47-member Geneva-based council. The North African country was suspended in 2011.