Musk’s Tesla Tweet-Fraud Accusers Say He Confused Jury 10 Times
Elon Musk protested his innocence too much.
Bloomberg Business
What’s a Default? Argentina’s Debt Buyback Splits S&P, Moody’s
Argentina’s plan to buy back $1 billion of global bonds from creditors is sparking a debate over what, exactly, constitutes a default.
Investors Flock to European Stocks Leaving US Behind, BofA Says
Investors are chasing European stocks at the fastest pace in nearly a year, while US equity inflows remain muted amid concerns of a recession, according to Bank of America Corp.
Israel, Palestinian Tensions High Ahead of Key Blinken Visit
Tensions between Israel and Palestinian authorities intensified following a deadly clash on the West Bank, with the deteriorating situation threatening to overshadow US Secretary of State Antony Blinken’s trip next week.
IMF Presses Ghana to Stop Borrowing From Its Central Bank
The International Monetary Fund is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter.
Nigerians Looking for New Naira Queue Up at Only ATM That Has It
Dozens of Nigerians queued at an ATM machine in the heart of the country’s commercial hub on Friday morning to get new higher denomination naira notes ahead of a Jan. 31 deadline that will render old bills expired.
Why Companies Can’t Quit Jack Welch’s Much-Hated Employee-Ranking System
A manager at video-game maker Activision Blizzard left after he protested the firm’s performance evaluation policy, which can pit employees against each other
Crypto’s Hottest Trade Risks Spurring Another Leverage Bubble
Memories are proving to be short once again in the cryptocurrency market, where speculators are piling into tokens that are helping to magnify bets on the success of the next upgrade of the Ethereum network.
Biden Faces Climate Litmus Test on ConocoPhillips’s Alaska Oil Project
US President Joe Biden is nearing a critical decision on a massive proposed oil project in northwest Alaska that could unlock 600 million barrels of crude and has drawn the ire of environmentalists who have dubbed it a “carbon bomb.”
Qiagen Weighs Stake Sale in $1 Billion Bioinformatics Arm
Qiagen NV is weighing the sale of a minority stake in its bioinformatics division, which could value that business at more than $1 billion, people familiar with the matter said.
