SAN FRANCISCO (AP) — Elon Musk has taken the witness stand to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening. That tweet resulted in a $40 million settlement with securities regulators and a class-action lawsuit alleging he misled investors. … Read more
The website Buildworld got its list of “Top Ten Eyesore Buildings in the U.S.” from the percentage of tweets criticizing the buildings’ designs. SAN ANTONIO — The iconic Alamodome, which holds so many memories for many people in San Antonio, popped up on a list of the top ten ugliest buildings in the country. The … Read more
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Alphabet Inc., up $4.97 to $98.02. Google’s owner is cutting 12,000 jobs, about 6% of its workforce, the latest tech company to trim staff. Netflix Inc., up $26.72 to $342.50. Subscriber growth is surging again at the streaming video pioneer, an … Read more
A rough week on Wall Street dominated by worries about a weakening economy ended Friday with a broad rally that gave the market its best day in two weeks. The S&P 500 rose 1.9%. Despite the gains, the benchmark index still ended with its first weekly loss in the last three. The Dow Jones Industrial … Read more
Photo byAdobe I love coffee. Thankfully, San Antonio has a number of great coffee shops serving up caffeine hit. In fact, I do most of my writing in some of these great San Antonio cafes. I recently listed the eight best places to get coffee in San Antonio, all of which serve fantastic coffee. And … Read more
The unemployment rate kept ticking down in San Antonio and across Texas in December, but the rapid job growth the state has experienced over the past two years is decelerating as the nation heads for an economic slowdown this year. Despite Texas adding the fewest jobs since August, statewide unemployment declined slightly to 3.9 percent, … Read more
Crypto lending company Genesis is seeking Chapter 11 bankruptcy protection as faltering prices and the downfall of FTX continue to rattle the industry. Genesis Global Holdco LLC and two of its lending business subsidiaries, Genesis Global Capital LLC and Genesis Asia Pacific Pte. Ltd., filed for bankruptcy protection in the Southern District of New York. … Read more