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Michelle Chapman, Associated Press

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Michelle’s Recent Stories

Economy Oct 11

Labor Department proposal could upend rules for gig workers

The U.S. Department of Labor is publishing a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees.

Nation Oct 03

Kim Kardashian settles for $1.26 million with SEC over Instagram cryptocurrency promotion

Kim Kardashian will pay $1.26 million to settle Securities and Exchange Commission charges that she promoted a cryptocurrency on Instagram without disclosing she'd been paid $250,000 to do so.

Economy Aug 10

Elon Musk sells $7 billion in Tesla shares ahead of Twitter court battle

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.

Economy Aug 08

Pfizer continues pandemic-revenue buying spree with $5.4 billion hematology deal

Pfizer is buying sickle cell drug maker Global Blood Therapeutics in an approximately $5.4 billion deal as it looks to accelerate growth after its revenue soared during the pandemic.

Economy Jul 28

JetBlue strikes $3.8 billion deal to buy Spirit Airlines

JetBlue will acquire Spirit for $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable once Spirit stockholders approve the transaction.

Arts Jun 17

Vince McMahon will step down during WWE misconduct probe

The Wall Street Journal reported Wednesday that WWE was investigating an alleged $3 million payment from McMahon to a departing female employee following a consensual affair.

Nation Apr 14

Tesla CEO Elon Musk offers to buy Twitter, making it a private company, for $43 billion

Tesla CEO Elon Musk is offering to buy Twitter. He says the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private company.

Economy Apr 05

Elon Musk to join Twitter’s board, a day after becoming its biggest stakeholder

Elon Musk is joining Twitter's board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform.

Economy Apr 04

Elon Musk buys 73.5 million shares of Twitter’s stock, becoming biggest stakeholder

The ultimate aim of Musk's purchase worth $3 billion is not clear, yet in late March Musk, who has 80 million Twitter followers, questioned free speech on Twitter and whether the platform is undermining democracy.

Economy Jan 10

Grand Theft Auto maker buys FarmVille company in $12.7 billion deal

Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal valued at about $12.7 billion.

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