A jury in California has found billionaire Elon Musk liable for misleading investors ahead of his $44 billion acquisition of Twitter, which he later renamed X. Jurors were asked to decide if two tweets and comments Musk made on a podcast in May 2022 amounted to him intentionally defrauding Twitter shareholders, who sold their shares based on Musk’s statements.
Category Archives: business
8 states file emergency motion to block Nexstar-Tegna merger after FCC approval
California and seven other states filed an emergency motion on Friday to stop the merger of broadcasting companies Nexstar and Tegna, a corporate tie-up that would create the country’s largest operator of local television stations
Three men charged with illegally smuggling advanced AI chips into China
Three people affiliated with server maker Supermicro were charged Thursday in connection with allegations they conspired to smuggle advanced Nvidia chips into China, in violation of U.S. export controls barring their sale to China without a license
FCC green-lights Nexstar’s $6.2B merger with rival TV station owner Tegna
The Federal Communications Commission has signed off on broadcast station owner Nexstar’s $6.2 billion deal to acquire rival company Tegna, a merger that would create the largest operator of local television stations in the country
Bipartisan talks to end Homeland Security standoff get serious as shutdown drags on
Top Republicans and Democrats trying to end the monthlong Department of Homeland Security shutdown huddled with White House border czar Tom Homan in the Capitol on Thursday.
8 states, including California and New York, sue to block Nexstar-Tegna merger
California, New York and six other states filed a lawsuit late Wednesday seeking to block television station owner Nexstar’s proposed $6.2 billion takeover of rival company Tegna.
Buy, Sell or Stay: Here Are the Best Real Estate Strategies for 2026
With the Federal Reserve’s recent interest rate decision and the war in Iran impacting the spring housing market, NBC’s Christine Romans joins TODAY to break down what you need to know about prices of homes, the best time to buy or sell and more.
How Rising Gas Costs Are Impacting Spring and Summer Travel
With many Americans jetting off for spring break and getting ready to book summer getaways, the high cost of gas prices are impacting travel costs. NBC’s Vicky Nguyen joins to share tips to save money, the best deals to take advantage of and more.
Fed Keeps Interest Rates Unchanged as Gas Prices Spike
As gas prices in the United States skyrocket, the Federal Reserve voted to hold interest rates steady on Wednesday and appeared to take a wait-and-see attitude on how the war in Iran will further impact the economy. NBC’s Brian Cheung joins TODAY to break down what Fed chair Jerome Powell addressed about oil costs and affordability concerns.
Chair Jerome Powell has ‘no intention of leaving’ the Fed until DOJ probe is closed
Fed Chair Jerome Powell says he will not step down from the central bank’s board until an investigation launched by President Trump’s Justice Dept. is closed.