Tesla Inc. shares came under significant selling pressure last week, with CEO Elon Musk’s announcement to revive the Twitter Inc. deal partly to blame for the predicament. Longtime Tesla bull and Loup Funds’ Gene Munster offered his take on three key questions surrounding the deal. Almost A Done Deal Munster thinks there is a 90…
What Will Elon Musk Do With Twitter? Will Tesla, SpaceX Suffer? Analyst Weighs In Following Revived Deal
Zendesk Shareholders Vote in Favor of $10.2 Billion Go-Private Deal
Zendesk Inc. shareholders have approved a $10.2 billion planned acquisition of the software maker by a group of private equity firms led by Hellman & Friedman and Permira, the company said on Monday. The company in June agreed to be taken private in a deal that would be see investors receive $77.50 per share in…
GM, Hertz Make Deal to Deploy up to 175,000 EVs
Rental car company Hertz Global Holdings plans to order up to 175,000 General Motors Co. electric vehicles over the next five years, its latest move toward zero-emission models. The multi-billion dollar, multi-year deal could be the first of many GM agreements to supply electric vehicles to rental car companies, said Steve Carlisle, the automaker’s North…
Swiss Sign Controversial $6 Billion Deal to Purchase F-35 Fighters
GENEVA—Swiss officials on Monday formally signed a procurement contract to acquire three dozen F-35 fighter jets from the United States as part of a planned refurbishment of Switzerland’s air force that has run afoul of critics of the big defense purchase, the government said. The head of Switzerland’s armaments service and F-35A program director inked…
Poland, South Korea Seal $3 Billion Military Aircraft Deals
JANOW, Poland—Poland on Friday sealed $3 billion in deals with South Korea for the purchase of 48 Korean FA-50 fighter planes as the central European country takes urgent steps to increase its deterrence and defense capabilities amid Russia’s war on neighboring Ukraine. The two deals for the purchase of Fighting Falcon combat and training planes…
Adobe Buying Figma in $20 Billion Cash-and-Stock Deal
Software company Adobe is buying online design company Figma in an approximately $20 billion cash-and-stock deal. Figma, founded in 2012, allows those who design interactive mobile and web applications to collaborate through multi-player workflows, sophisticated design systems and a rich developer ecosystem. The companies said that Figma’s web-based, multi-player capabilities will accelerate the delivery of…
Trapped (1949)
August 26, 2022
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Secret Service agents make a deal with a counterfeiting inmate to be released on early parole if he will help them recover some bogus moneymaking plates, but he plans to double cross them. Credit: Public Domain Movies – Feature Films: Cinema collection: epochcinema.com Epoch Original content: epochoriginal.com Feature Films: www.theepochtimes.com/featured-films * Click the “Save” button…
Analysts Bet on Twitter Deal Getting Done After Elon Musk Goes on Another Tesla Stock Selling Spree
Elon Musk on Tuesday disclosed in six filings that he sold $6.85 billion worth of Tesla, Inc. shares on Aug. 5. He later took to Twitter to clarify that the disposals were a preemptive move to mobilize funds to finance a “hopefully unlikely” Twitter, Inc. deal, if it is enforced and some equity partners don’t…
Musk Says Twitter Deal Should Go Ahead If It Provides Proof of Real Accounts
Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms. “However, if it turns out that their SEC filings are materially false, then it should not,” Musk…
Blinken: Pressed Lavrov to Accept Prisoner Swap Offer
July 30, 2022
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Secretary of State Antony Blinken said he spoke to Russian Foreign Minister Sergey Lavrov by phone on Friday and urged Moscow to accept a U.S. offer to release two Americans detained in Russia. Blinken did not provide details of Lavrov’s response to what he had previously called a “substantial proposal” for Russia to release the…
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