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Jul 08

Elon Musk says he’s terminating $44 billion Twitter buyout deal

By Barbara Ortutay, Associated Press

Elon Musk announced he will walk away from his tumultuous $44 billion offer to buy Twitter, leaving the deal on the verge of collapse. The Tesla CEO sent a letter to Twitter's board Friday saying he is terminating the acquisition.

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Jun 21

Watch 4:54
News Wrap: Georgia, Arkansas, Virginia and Alabama hold elections

In our news wrap Tuesday, Multiple states are holding primary and runoff elections including Alabama, Georgia, Arkansas and Virginia. Also, U.S. Attorney General Merrick Garland met with Ukraine’s prosecutor general, historic monsoon floods submerged more of Bangladesh, floods in China…

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May 17

Watch 5:24
News Wrap: FDA approves Pfizer’s COVID-19 booster for children age 5 to 11

In our news wrap Tuesday, the FDA authorized Pfizer's low-dose COVID booster for kids 5 to 11 years old, China restricted more Beijing residents to their homes to help control a small outbreak, U.S highway deaths shot up last year…

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May 13

Elon Musk says Twitter deal ‘temporarily on hold’

By Kelvin Chan, Associated Press

In a tweet, the Tesla billionaire linked to a Reuters story from May 2 citing a financial filing from Twitter that estimated false or spam accounts made up fewer than 5% of the company’s “monetizable daily active users” in the…

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May 10

Elon Musk says he would reverse Twitter’s ban of Donald Trump

By Kelvin Chan, Tom Krisher, Matt O'Brien, Associated Press

Musk, speaking virtually at a Future of the Car summit hosted by the Financial Times, said Twitter’s Trump ban was a “morally bad decision” and “foolish in the extreme.”…

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May 07

Federal judge rejects Trump’s lawsuit challenging Twitter ban

By Brian Melley, Associated Press

U.S. District Judge James Donato said that Trump failed to show Twitter violated his First Amendment right to free speech.

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May 05

Stocks slump 3 percent as worries grow over higher interest rates

By Damian J. Troise, Alex Veiga, Associated Press

Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation.

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May 04

U.K. parliament asks Elon Musk to testify on Twitter intentions

By Associated Press

Parliament’s digital committee asked the Tesla CEO on Wednesday to give evidence about his proposals “in more depth.”…

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Apr 27

Elon Musk ordered to abide by SEC settlement over 2018 tweets

By Tom Krisher, Associated Press

Elon Musk's request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla private is being denied by a federal judge in New York.

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Apr 27

Wall Street shaky as tech stocks remain volatile

By Damian J. Troise, Associated Press

Stocks remained shaky in morning trading on Wall Street Wednesday after a big sell-off on tech stocks a day earlier.

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