Business

How Twitter has been shaken by a whistleblower’s allegations

In the disclosure, Zatko alleged that the company has serious security and privacy vulnerabilities that could put users, investors and US national security at risk. He also alleged that Twitter executives have misled regulators and even the company’s own board about its shortcomings. Twitter (TWTR) has criticized Zatko and broadly defended itself against the allegations, …

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How Twitter has been shaken by a whistleblower’s allegations | CNN Business

New York CNN Business  —  In the days since it was first reported that former Twitter head of security Peiter “Mudge” Zatko had filed an explosive whistleblower disclosure, the company has had to confront renewed scrutiny from lawmakers, a dip in its stock price and added uncertainty in its high-stakes legal battle with billionaire Elon …

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Breakfast sales hold steady as people heading back to offices cut back elsewhere

Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work. Overall traffic to restaurants fell 2% in the second quarter from a year ago as inflation drove menu prices up, according to market research firm …

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Air travel complaints up nearly 270% above pre-pandemic levels

Check out what’s clicking on FoxBusiness.com. Air travel service complaints jumped nearly 270% from pre-pandemic levels in June 2019, according to the Department of Transportation’s (DOT) air travel consumer report released Friday. The DOT received over 5,800 service complaints in June, a nearly 270% increase from the over 1,500 received in the same month in …

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California wants to end sales of new gas cars by 2035. Here are 4 key roadblocks

Traffic on the 405 freeway in Los Angeles on Aug. 25. California ruled Thursday that all new cars sold in the state must be zero-emission vehicles by 2035. Patrick T. Fallon/AFP via Getty Images hide caption toggle caption Patrick T. Fallon/AFP via Getty Images Traffic on the 405 freeway in Los Angeles on Aug. 25. …

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Battery Factories Are Coming to U.S. so Car Makers Can Rely Less on China

Text size Panasonic might be bringing more lithium ion battery capacity to the U.S. Patrick T. Fallon/Bloomberg The U.S. car industry continues to build out its own electric-vehicle supply chain. That will help all auto makers achieve their EV ambitions, including Ford Motor , General Motors and Tesla . Hopefully, reshoring supply will mean lower …

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‘There’s no Fed pivot’: Wall Street finally gets the message as stocks swoon after Powell speech

Federal Reserve Chairman Jerome Powell’s brief, but blunt Jackson Hole speech on Friday sparked a sharp selloff in stocks and other financial assets as Wall Street reacted to his vow to bring inflation back down to the central bank’s 2% goal. The S&P 500 SPX, -3.37% finished 141.46 points lower, or 3.4%, to 4,057.74. The …

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Elon Musk to double down on delaying Twitter trial: sources

Elon Musk is expected to seize on the Twitter whistleblower’s accusations in an attempt to buy more time in his legal battle with the social media company, sources closely following the situation told The Post. Musk will either revise his current countersuit against Twitter or open up a second front with a new lawsuit after Twitter’s …

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Long Covid is responsible for about a third of unfilled jobs in the U.S., new research suggests

America’s ongoing labor shortage begs an important question: Where have all the workers gone? There are 10.7 million unfilled jobs in the U.S., according to the latest data from the U.S. Bureau of Labor Statistics. Some economists point to the high numbers of workers quitting amid the Great Resignation. New research highlights another troubling factor …

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