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In call with bankers, Musk pledges to close Twitter deal by Friday

Elon Musk pledged to close the acquisition of Twitter Inc. by Friday in a video conference call with bankers helping fund the deal

Smartphone storage space is the new turf war for mobile game makers

The most common workaround from game studios is to put only a basic installer in app stores, which then downloads further game assets once the player starts

Meta CEO Mark Zuckerberg should focus on US midterms, not the Metaverse

Meta CEO Zuckerberg could start by doing what thousands of managers before him have done, and reconsider his tasks

Drought from China to US hits hydro dams, slashing top clean energy source

Globally, hydropower generates more electricity than nuclear and more power than wind and solar combined. In countries like Norway and Brazil, dams generate more than half of total electricity

Google, Microsoft, TI announce disappointing results; tech stocks tumble

Google parent Alphabet Inc. fell as much as 7.4% after third-quarter revenue came in below expectations, while software giant Microsoft Corp. lost 8.1% following a disappointing revenue forecast

Saudi Arabia sets up carbon market firm to support net-zero goal

The Public Investment Fund said it started the Regional Voluntary Carbon Market Co. with Saudi Tadawul Group

After 5G, here's how Ambani will use financial services to tighten DNA loop

A successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing "DNA loop," shorthand for data, network and activity

China's budget deficit nears record $1 trillion as economy slows

Chinese authorities have struggled to make ends meet this year as massive tax rebates and the persistent housing market crisis have cut government income sharply

Inflation woes: How front-loading rate hikes risks financial instability

This Fed rate-increase cycle, which has already delivered a total of 3 percentage points in just over six months, is the most front-loaded one in a long time

Coca-Cola beats profit estimates in Q3, raises full-year guidance

The company said it now sees organic revenue growth of 14% to 15% for the full year. In July, Coca-Cola increased its full-year outlook from 12% to 13%

Dove, other Unilever aerosol dry shampoos recalled over cancer risk

Unilever Plc recalled popular brands of aerosol dry shampoo, including Dove, after discovering they were contaminated with a chemical called benzene that can cause cancer

US Fed is losing billions, wiping out profits that funded spending

The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing

Negroni Sbagliato's TikTok origin myth debunked; Here's the real story

The Negroni sbagliato is a riff on the classic Negroni, which incorporates equal measures of Campari, sweet vermouth and gin

Crypto Exchange FTX to provide $6 million phishing compensation to users

Digital-asset exchange FTX will provide about $6 million compensation to its account holders impacted by a phishing incident via a third-party website

Apple Inc issues new app store guidelines for crypto and NFT payments

Apple Inc. updated its App Store guidelines Monday with new and clearer language explaining its policy toward cryptocurrency trading and non-fungible tokens

Sunak's prize for predicting Truss chaos: He gets to clean up the mess

Just seven weeks after Truss traveled to meet Queen Elizabeth II to become premier, Sunak will meet King Charles III on Tuesday to formally replace her

Progressive Democrats urge Biden to seek diplomatic solution on Ukraine

The 30 Democrats, led by Congressional Progressive Caucus Chair Pramila Jayapal, said in a letter to Biden that it was in the interest of the US and Ukraine to avert an extended conflict

Rishi Sunak expected to keep Jeremy Hunt as he readies new UK cabinet

The incoming premier will formally take over from Liz Truss following a meeting with King Charles III, before addressing the nation and appointing members of his cabinet

Would a championship win for Phillies be a good thing for US economy?

Would a championship win for the Philadelphia Phillies be a good thing for the nation's economy?

Asia's biggest buyout: Toshiba valued at $16 billion by JIP in takeover bid

A consortium led by Japan Industrial Partners Inc. is considering a takeover of Toshiba Corp. at a valuation of about 2.4 trillion yen ($16.1 billion) in what could be Asia's biggest buyout this year