Business

Elon Musk says he might try to renegotiate the $44B Twitter deal for less

Placeholder while article actions load SAN FRANICSCO — Elon Musk could seek a lower price for Twitter, he said at a conference Monday, just days after tweeting his $44 billion bid for the site was “temporarily on hold.” Speaking in a closed-door session at the All-In Summit in Miami, a conference with tech founders and …

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Musk says he could seek lower price for Twitter as he focuses on fake accounts | Twitter

Elon Musk has suggested that he could seek to pay a lower price for Twitter, as the social media company’s would-be owner expressed further concerns about the presence of fake accounts on the platform. The Tesla CEO said reducing his agreed $54.20 per share offer wouldn’t be “out of the question”, days after putting the …

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Musk says he could seek lower price for Twitter as he focuses on fake accounts | Twitter

Elon Musk has suggested that he could seek to pay a lower price for Twitter, as the social media company’s would-be owner expressed further concerns about the presence of fake accounts on the platform. The Tesla CEO said reducing his agreed $54.20 per share offer wouldn’t be “out of the question”, days after putting the …

Musk says he could seek lower price for Twitter as he focuses on fake accounts | Twitter Read More »

FDA and Abbott Reach Agreement on Baby Formula to Try to Ease Shortage

The Food and Drug Administration on Monday reached an agreement with Abbott Laboratories on the steps needed to reopen the company’s shuttered baby formula plant, which could begin to ease the shortage of infant formula that has frightened and exasperated parents nationwide. The FDA said it expected Abbott to restart production in about two weeks, …

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FDA announces it will make it easier to import some baby formulas to ease shortage

The US ordinarily produces 98% of the infant formula it uses, with imported formula primarily coming from Mexico, Ireland and the Netherlands, the agency said in a statement. But because of the shortage, the FDA is outlining a process by which it “would not object to the importation of certain infant formula products intended for …

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FAQ: What you need to do now to keep your ORCA card working

The Puget Sound region’s ubiquitous ORCA fare cards are migrating into a new software network that will someday make transit payments easier and more versatile. Starting Monday, tens of thousands of us will need to adapt. More than 175,000 transit customers with online accounts need to re-register their blue fare cards at the new website, …

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Abbott reaches agreement with FDA to resume production of baby formula

WASHINGTON — Abbott Nutrition said Monday it has agreed to terms set by the Food and Drug Administration to summarize operations at the company’s Michigan plant amid a nationwide shortage of baby formula. The consent decree lays out the required steps to safely restart production and maintain the site in Sturgis. It is subject to …

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Abbott reaches agreement with FDA to reopen baby formula plant

A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that have already strained the country’s formula stock, an issue that was further exacerbated by a major product recall in February. JimWatson …

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