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Musk not suited to run Twitter, should instead focus on Tesla: Investor

To the extent that Musk remains involved with the social media platform, it should be with the underlying technology rather than as the "front-facing CEO," Ross Gerber said

With nearly $18-billion haul, this was best year for auction houses

This record year might say more about the nature of the auction house business than the art market itself

IRS didn't audit Trump for two years in office, reveals Jan 6 committee

Paid $1.1 million in tax during his presidency, but $0 in 2020

Bigbasket may launch IPO by 2025 after $200 million funding: CFO Parekh

Controlling about a third of India's online grocery market, Bigbasket was acquired by Tata last year

Dealmaking slips by almost a third in 2022 marked by volatility, inflation

Companies announced $3.5 trillion of deals in 2022, according to data compiled by Bloomberg

China's budget deficit hits record $1.1 trillion on Covid zero slump

The lockdowns, testing and quarantine rules that were key to the Covid Zero policy put a strain on consumer and business spending, pushing the economy close to contraction in the second quarter

Beijing building up unoccupied land features in South China Sea, says West

While China has previously built out disputed reefs, islands in the area, the West presented images of what they called the first known instances of a nation doing so on the territory

US House committee votes to release Trump's tax information to public

House Ways and Means Chairman Richard Neal released a report about the Internal Revenue Service's audits of Trump's taxes late Tuesday, but the actual tax returns will be made public in a few days

Hyundai becomes 3rd largest carmaker, set to overtake Toyota, Volkswagen

While Toyota Motor Corp. and Volkswagen AG vie each year for pole position atop the global automobile industry, Hyundai has quietly slipped in behind them, surpassing General Motors Co., Nissan Motor

Elon Musk's net worth sinks to two-yr low as Twitter CEO loses $7.7 billion

The selloff adds to the woes of Musk, who lost his status as the world's richest person to luxury tycoon Bernard Arnault on Dec. 13

Former FTX CEO Sam Bankman-Fried to fly to US today, escorted by FBI agents

Sam Bankman-Fried signed his surrender documents on Tuesday, he will sign a separate set of papers finalising his waiver of rights to fight extradition

Big oil stages a grand comeback as Exxon's valuation passes Tesla

For its part, Exxon's equity value has been steadily climbing since hitting a two-decade low in early 2020, when the outset of the Covid-19 pandemic sent crude prices into a tailspin

Dimon more crucial than ever to JPMorgan, the bank he's run for 17 years

Once Dimon is done being CEO, the board has said, the company may keep him on as chairman

China's Covid-19 outbreak has US worried about new mutations of virus

Chinese cities are witnessing a wave of Covid-19 cases, with concerns growing that the government may be hiding the true toll of the virus

Global investment in electric vehicle charging approaches $100 billion mark

Cumulative investment globally probably will pass the $100 billion mark in 2023 if China keeps up its relentless pace

China's Covid death reports spread as doubts grow about official virus data

Reports indicate the wave of fatalities that, until now, has been centered in the capital of Beijing, is quietly rippling through less prominent parts of the country

'Avatar' sequel crashes some movie theater equipment across Japan

The second Avatar film, one of the most expensive productions in Hollywood history, adopts many of the latest visual technologies which require a great deal of information processed quickly

Hello Logistics sues Instacart founder Mehta for creating 'copycat' startup

Hello Logistics Inc., which operates under the name NextMed, sued Mehta, his business partner Tejasvi Singh, and their company Cloud Health Systems over allegations of misappropriation of trade secret

Maruti Suzuki blames high taxes for low car ownership in the country

Car-industry growth in India has slowed to 3% from 12% in the past twelve years, partly due to poor government policies, Bhargava said

A look at some of the laws Trump allegedly broke, according to Jan 6 panel

The committee's nine members agreed Monday that their 17-month probe found enough evidence to urge that Trump and others face four federal criminal charges