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Elon Musk Twitter
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Business & Lifestyle

Elon Musk to exit $44 billion Twitter purchase deal

AUSTIN/SAN FRANCISCO (UPI) -- Billionaire entrepreneur Elon Musk indicated Friday he is seeking to call off his proposed $44 billion deal to buy the Twitter social media platform. In a letter sent to Twitter's chief legal officer and disclosed in a Securities and Exchange Commission filing, Musk's attorneys contend Twitter "has not complied with its contractual obligations" to provide accurate assessments of how many fake user accounts are on its system. Musk: Twitter never provided accurate info on daily active […]

todayJuly 9, 2022 19

GameStop
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Business & Lifestyle

GameStop fires CFO, announces layoffs

GRAPEVINE, Tex. (UPI) -- Video game retailer GameStop fired its chief financial officer and announced a series of layoffs on Thursday. The company publicly announced that it had terminated the employment of CFO Michael Recupero, with Chief Accounting Officer Diana Saadeh-Jajeh stepping into the role. Saadeh-Jajeh, who served as interim CFO last year, will earn a starting annual salary of $200,000. In addition, she will be eligible for a "transformation bonus" in an aggregate amount of $1,965,000. This is according to […]

todayJuly 9, 2022 17

Business & Lifestyle

Lessons Elon Musk can teach us about investing

It is easy to think of Elon Musk as an outlier, someone who's away from the common business world. While we all have our own opinions of what Elon Musk is as an entity, Robert Downey Jr based Tony Stark on him. The fact is that Musk is not just someone who wants to go into space. He is also someone who has been incredibly savvy with his ventures and investments over his career. We all can learn lessons from […]

todayJune 28, 2022 17

gas gasoline business financial
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Business & Lifestyle

Gas prices continue modest decline

U.S. gas prices averaging under $5/gallon

WASHINGTON (UPI) -- The average price of gasoline remained below $5 per gallon on Monday according to figures released by AAA, continuing a modest decline from last week's record highs. The national average stood at $4.967 per gallon -- a decline of 3.5 cents from Tuesday when prices hit an all-time peak of nearly $5.02, AAA reported. The average price of diesel was $5.80, up 2.5 cents from last week but 2 cents lower than its peak on Friday. Average […]

todayJune 20, 2022 27

Bitcoin cryptocurrency
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Business & Lifestyle

Bitcoin falls to lowest level since 2020

NEW YORK (UPI) -- Bitcoin fell once again Thursday as cryptocurrencies suffer from recession concerns. As of 6:45 p.m., Bitcoin was down 9.1%, valued at around $20,500, some of its lowest levels since 2020 and 60% down from its all-time high in November. The cryptocurrency has fallen 20% in the past week amid a broad sell-off in risk assets that have seen the Nasdaq Composite decline 6.1% in the same period. The decline also comes as Terra USD and its […]

todayJune 16, 2022 26

business
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Business & Lifestyle

Ensuring the long-term success of a business

You’ve worked hard to get to where you are in your career today. However, the truth is that no business is guaranteed a bright and stable future. You must be willing to work hard. You should also dedicate a lot of time and effort to confirm that you outshine your competitors to increase sales and profits. While you may be in a good place today, you might wonder how you’ll continue to make forward progress. Have a strong vision for […]

todayJune 16, 2022 25

CAT Caterpillar
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Business News

Caterpillar to relocate headquarters to Texas

DEERFIELD (The Center Square) – Caterpillar, one of Illinois' top employers, is moving its corporate headquarters from the Chicago suburbs to Irving, Texas, the company announced Tuesday. The industrial equipment maker is the second major employer to announce a move from Illinois after Boeing said last month it was relocating its headquarters from Chicago to Arlington, Va. "We believe it's in the best strategic interest of the company to make this move," Caterpillar CEO Jim Umpleby said in a statement. "It supports Caterpillar's strategy […]

todayJune 14, 2022 27

business
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Business & Lifestyle

Seven essentials for new business startups

Starting a new business is no easy task. There are so many things to think about, from the initial planning stages to day-to-day tasks. If you're not prepared, you could quickly find yourself in your head. That's why it's important to consider all of the essential factors before starting up your venture. Research what niche you want to take on The first thing you need to do is figure out what your business will be about. What are you passionate […]

todayJune 13, 2022 27

Security Bancorp, Inc.
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Business News

Security Bancorp announces annual cash dividend

MCMINNVILLE, Tenn. (GlobeNewswire) -- Security Bancorp, Inc. (OTCBB:SCYT) announced that the Board of Directors has declared an annual cash dividend of $1.00 per share on outstanding common stock. The cash dividend will be payable on July 1 to shareholders of record as of the close of business on June 1, 2022. Security Bancorp, Inc. is the holding company for Security Federal Savings Bank of McMinnville. It is a Tennessee state-charter financial institution with a headquarters in McMinnville, Tenn. On Mar. […]

todayMay 20, 2022 4

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