 | | | | Net foreign inflows into Treasuries rose for a fourth straight month in February in the amount of $75.3 billion, data from the U.S. Treasury department showed on Friday. | | | | | | Elon Musk, Twitter's newest big shareholder, could alter the course of the social media company as management battles a set of proxy proposals focused on topics from civil rights to politics at its upcoming annual meeting, shareholder activists and corporate governance experts said. | | | | | | Twitter Inc adopted a 'poison pill' on Friday to limit Elon Musk's ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company. | | | | | | Belarus on Friday announced a ban on trucks registered in the European Union from entering its territory, Interfax news agency quoted the transport ministry as saying. | | | | | | Buyout firm Thoma Bravo LP has contacted Twitter Inc to express interest in putting together an acquisition offer that would rival Tesla Inc Chief Executive Elon Musk's $43 billion bid, people familiar with the matter said on Friday. | | | | | | The U.S. Securities and Exchange Commission (SEC) on Friday announced charges and an asset freeze against several Las Vegas-area individuals and companies allegedly behind a nearly $450 million Ponzi scheme. | | | | | | A sharp rebound in automotive output in March spurred a third straight monthly gain in U.S. factory activity, perhaps signaling the worst of the production woes that have dogged the motor vehicle industry over the last year may have passed. | | | | | | Fears of being targeted by Western sanctions are deterring Russian brokerages from helping Sberbank by hosting its clients' accounts with foreign stocks holdings, three financial market sources told Reuters. | | | | | | U.S. President Joe Biden on Friday said he would nominate former Treasury official Michael Barr to be the Federal Reserve's Wall Street cop, replacing Sarah Bloom Raskin, who withdrew in March. | | | | | | Investment bankers, investors and analysts said Elon Musk needed a blowout bid and more details on his financing for his take-it-or-leave-it strategy to work. | | | | | |
