Home » Business Highlights: Musk’s Twitter bid, jobless claims
Tesla CEO Elon Musk offers to buy Twitter for $43 billion
NEW YORK (AP) — Tesla CEO Elon Musk has offered to buy Twitter outright, saying the social media platform “needs to be transformed” from his perspective as a self-identified “free speech absolutist.” Musk is currently Twitter’s biggest individual shareholder. The company says in a regulatory filing that he has proposed buying the remaining shares of Twitter that he doesn’t already own at $54.20 per share. It’s an offer worth more than $43 billion. Twitter said it will decide whether accepting Musk’s offer is in the best interests of shareholders.
IMF chief: Ukraine war and inflation threaten global economy
WASHINGTON (AP) — The head of the International Monetary Fund warned that Russia’s war against Ukraine was weakening the economic prospects for most of the world’s countries and called high inflation “a clear and present danger” to the global economy. IMF Managing Director Kristalina…
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