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Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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Survey: COVID-19 Results in Shutting Down 45 Percent of Businesses in Kuwait
May 21st, 2020 - 12:00 GMT

Survey: COVID-19 Results in Shutting Down 45 Percent of Businesses in Kuwait

Airbus Inaugurates A220 Production Facility in US
May 21st, 2020 - 11:30 GMT

Airbus Inaugurates A220 Production Facility in US

Dubai Ranks 1st Globally for Air Passenger Traffic in Q1
May 21st, 2020 - 10:30 GMT

Dubai Ranks 1st Globally for Air Passenger Traffic in Q1

Are American Tech Giants Using China to Strengthen Influence in Washington?
May 21st, 2020 - 10:00 GMT

Are American Tech Giants Using China to Strengthen Influence in Washington?

COVID-19 Worsens the Situation for Domestic Workers in Lebanon
May 21st, 2020 - 09:30 GMT

COVID-19 Worsens the Situation for Domestic Workers in Lebanon

Rolls-Royce to Lay-Off 9,000 Employees
May 21st, 2020 - 09:00 GMT

Rolls-Royce to Lay-Off 9,000 Employees

Renault to Re-Open Its Sandouville Factory on Friday
May 21st, 2020 - 08:30 GMT

Renault to Re-Open Its Sandouville Factory on Friday

IATA Welcomes EASA New Guidelines for Safe Restart of Air Travel
May 21st, 2020 - 08:22 GMT

IATA Welcomes EASA New Guidelines for Safe Restart of Air Travel

Johnson & Johnson to Stop Selling Baby Powder in US and Canada
May 21st, 2020 - 08:00 GMT

Johnson & Johnson to Stop Selling Baby Powder in US and Canada

Dubai: COVID-19 Repercussions to Help Unravel 'Mystery of Missing Dh370 Million'
May 21st, 2020 - 07:30 GMT

Dubai: COVID-19 Repercussions to Help Unravel 'Mystery of Missing Dh370 Million'

India at Risk of Losing $1 Trillion in 2021
May 21st, 2020 - 07:00 GMT

India at Risk of Losing $1 Trillion in 2021

Symptoms of a Financial Crisis and Signs of Recovery to Keep an Eye At
May 20th, 2020 - 03:00 GMT

5 Indicators to Help You Understand Where the Economy Is Heading

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