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Category Archives: Business

Biden Maneuvers to Try to Avoid a Devastating Rail Strike

The Biden administration is considering executive action to try to avoid a shutdown of the nation’s rail network that would harm the economy ahead of the midterm elections. WASHINGTON — President Biden, desperate to avert a damaging freight rail strike that could exacerbate rapid inflation, is

Shareholders approve Elon Musk’s offer to buy Twitter

Twitter shareholders today “green-lighted” Elon Musk’s $44 billion (around €43.5 billion) bid to buy the company, the Washington Post reported today. The avowal comes after the president of Tesla decided not to proceed with the purchase of the social network. In late August, the businessman