More Companies Start to Rescind Job Offers

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc. real-estate brokerage Redfin Corp. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

Elon Musk Expected to Reiterate Desire to Own Twitter in Meeting Thursday

Elon Musk Expected to Reiterate Desire to Own Twitter in Meeting Thursday

Elon Musk is expected to confirm his desire to own Twitter Inc. TWTR 2.07% when he speaks to the social-media company’s employees on Thursday, according to a person familiar with the matter. The billionaire Tesla Inc. chief executive is slated to answer pre-submitted employee questions for roughly an hour at a virtual Twitter all-hands meeting … Read more

Elon Musk Losing Money on Twitter Stock. He Can Still Buy Twitter—If He Wants.

Elon Musk Losing Money on Twitter Stock.  He Can Still Buy Twitter—If He Wants.

Text size Elon Musk Jim Watson/AFP via Getty Images Elon Musk is sitting on a loss in his Twitter position. The loss is peanuts compared with what’s happened to his You’re here stock. Despite all the red ink, the world’s richest human can still buy Twitter — if he still wants to. Twitter (ticker: TWTR) … Read more

Tesla Stock Falls to an 11-Month Low. Why Snap Is to Blame.

Tesla Stock Falls to an 11-Month Low.  Why Snap Is to Blame.

Text size Cars at the Tesla factory in Fremont, Calif. Justin Sullivan/Getty Images You’re here stock is falling again in early Tuesday trading. The likeliest reason isn’t related to the electric-vehicle maker’s Shanghai plant or even price-target actions at a broker. No, the drop is probably because of the social-media platform Snap . Snap (ticker: … Read more

Elon Musk and the Baby Bust

Elon Musk and the Baby Bust

Photo: Seth Wenig/Associated Press Due to recent declines in stock prices, Elon Musk is now down to his last $200 billion. But despite all the sellers in today’s market, Mr. Musk is not letting those vast herds get him down. Instead, the Tesla CEO and SpaceX founder is once again offering compelling commentary on Twitter. … Read more

Stock Market Is Top-Heavy, But Carnage Is Widespread

Stock Market Is Top-Heavy, But Carnage Is Widespread

Eight companies are to blame for nearly half the stock market’s decline this year—and the pain doesn’t end there. Apple Inc., Microsoft Corp. Amazon. com Inc., Tesla Inc.. and the parent companies of Google and Facebook swelled to be so big in recent years that they accounted for 25% of the S&P 500 heading into … Read more

Where Elon Musk’s Twitter Deal Could Go From Here, a Flowchart

Where Elon Musk's Twitter Deal Could Go From Here, a Flowchart

Elon Musk’s recent tweets cast doubt on whether the billionaire will follow through with his agreement to buy Twitter Inc. TWTR -0.24% for $44 billion. Twitter’s board, meanwhile, says the agreement remains in effect and it intends to enforce it. As with everything involving the unpredictable Tesla Inc. TSLA 0.25% chief executive, it is far … Read more

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

Elon Musk's Belated Disclosure of Twitter Stake Triggers Regulators' Probes

WASHINGTON—Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission of a … Read more