BUSINESS

Elon Musk has overhauled X including changing its name from Twitter since his purchase in 2022

Musk's X 'Deceives' Users With Blue Checks, EU Charges

EU regulators are unhappy with the blue badge system under Musk's ownership since anyone can now obtain it with a premium subscription, whereas before it was reserved for verified accounts including leaders, companies and journalists, after approval.
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Hipgnosis executive Merck Mercuriadis (L) and co-founder Nile Rodgers attend the Songwriters Hall of Fame 2024 induction and awards gala in New York on June 13, 2024

Music Catalog Fund Hipgnosis Sold To Blackstone

A regulatory filing showed shareholders overwhelmingly voted to approve the deal, which caps a tumultuous year for the British firm, including a bidding war that followed investor concerns over the fund's tumbling share price.
Markets are awating Fed chair Jerome Powell's testimony to Congress from Tuesday for indications as to when the US central bank will start cutting rates

Asian Markets Rise Ahead Of Fed Chief's Congress Testimony

The US central bank has held interest rates at the highest levels in more than two decades to bring inflation down to its long-term two percent target without doing too much damage to either the labor market or the broader economy.
Chainlink

$LINK: The Latest Craze Among Crypto Whales

Established in 2017, Chainlink has become a mainstay in the crypto industry, and while its native token's price has declined over the years, $LINK has recently become the go-to coin for some crypto whales.
Boeing says it has reached an agreement with the US Department of Justice over two fatal 737 MAX crashes

Boeing, DoJ Reach Deal Over MAX Crashes Case

The agreement comes after prosecutors concluded Boeing flouted an earlier settlement addressing the disasters, in which 346 people were killed in Ethiopia and Indonesia more than five years ago.
Asian markets were mixed on Monday, while the euro slipped after snap French elections

Euro Slips In Asian Trade After Snap French Poll

In France, the left was set to emerge as the biggest group in a new parliament, beating out a resurgent far right in a vote called by President Emmanuel Macron three years ahead of schedule..

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