Category: Companies

Donald Trump Reinstated on Facebook and Instagram

Meta restored former President Donald Trump’s access to Facebook and Instagram on Thursday afternoon, coming weeks after the firm announced it would do so. A review of both of Trump’s accounts shows that both pages appeared to have been restored on Thursday. Trump has not posted content to either account. Andy Stone, spokesperson for the…


Donald Trump Reinstated on Facebook, Instagram

Meta restored former President Donald Trump’s access to Facebook and Instagram on Feb. 9. Andy Stone, spokesperson for the Big Tech firm, told Reuters that Trump’s access was restored. The former president has 23 million followers on Instagram and 34 million on Facebook. It came weeks after Meta said in a statement that his Facebook and Instagram…


Musk Says Twitter Will Be Back Up on Thursday After Outage

Twitter owner Elon Musk said the social media app should be back up later in the day after some users were unable to tweet on Wednesday, prematurely encountering a message that said “You are over the daily limit for sending Tweets.” Musk wrote on Twitter early on Thursday that there were multiple “internal and external…


Tesla’s Model Y and Model 3 Top-Selling Vehicles in California in 2022

Tesla Inc.’s Model Y and Model 3 electric vehicles were the top-sellers in California last year, outselling Toyota Motor Corp.’s RAV4 and Camry models, according to an industry body report. It is the first time a Tesla model topped the annual sales list in California, a major vehicle market where one in five cars is…


Kremlin Says Those Behind Nord Stream Blasts Must Be Punished

MOSCOW—The Kremlin said on Thursday the world should know the truth about who sabotaged the Nord Stream gas pipelines and that those responsible should be punished after an investigative journalist said U.S. divers blew them up at the behest of the White House. A sharp drop in pressure on both pipelines was registered on Sept….


Toyota’s 3rd-Quarter Profit Jumps 22 Percent, Buoyed by Weak Yen and Higher Sales

TOKYO—Japan’s Toyota Motor Corp. posted a surprise 22 percent rise in third-quarter operating profit on Thursday, as a weaker yen and higher sales volumes helped the world’s top automaker overcome a jolt from the soaring costs of raw materials. Global car makers have been squeezed by both the semiconductor shortage and rising costs, adding to…


PREMIERING 7:30PM ET: Aaron Siri (Part 1): Why Are Vaccine Manufacturers the Most Protected Companies in America?

“When we finally had that data, you got a sense of why they didn’t want the public to have it, because it showed that 7.7 percent of the over 10 million V-safe users reported needing medical care after a COVID-19 vaccine.” Aaron Siri, managing partner at Siri & Glimstad, has led several high-profile lawsuits against…


Lockdown-Fuelled Fear Keeping People at Home Is Contributing to Rising Joblessness, UK MPs Told

The boss of a major UK recruitment agency told MPs that people suffering from health problems including anxiety and fear about leaving their homes linked to lockdown restrictions are contributing to rising unemployment. MPs on the Work and Pensions Committee were told on Wednesday that post-COVID-19, the economically inactive are reluctant to work “in busy…


PepsiCo Says No More Price Hikes After Better-Than-Expected Quarterly Results

PepsiCo Inc. said on Thursday it will not further raise prices of its sodas and snacks after multiple rounds of price hikes last year that helped the beverage giant post fourth-quarter profit and revenue ahead of analysts’ estimates. A near duopoly in the carbonated drinks market with Coca-Cola Co. helped PepsiCo raise prices over the…


Clients Pull Out $120 Billion From Credit Suisse as Bank Registers Fourth-Quarter Losses, Worst Year Since Financial Crisis

Clients from Swiss global investment bank Credit Suisse pulled out a record amount of funds in the fourth quarter as the company posted a worse-than-expected net loss for the period amid declining confidence in the bank. The bank reported net outflows of 110.5 billion Swiss francs ($120.36 billion) in the fourth quarter, up from 12.9…