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BUSINESS

BUSINESS latest

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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Al Bawaba
April 12th, 2000 - 02:00 GMT

Economic Survey Shows Expatriates Trail Kuwaiti Nationals

Al Bawaba
April 12th, 2000 - 02:00 GMT

UAE Industrial Investments Rise

Al Bawaba
April 12th, 2000 - 02:00 GMT

Egyptian Efforts to Boost Exports

Al Bawaba
April 12th, 2000 - 02:00 GMT

New Tourist Resort Planned in Bahrain

Al Bawaba
April 12th, 2000 - 02:00 GMT

Algerian Sonatrach, Ultramar Sign New Deal With

Al Bawaba
April 12th, 2000 - 02:00 GMT

Privatization and Monopolistic Revenues Skew Morocco's Income

Al Bawaba
April 12th, 2000 - 02:00 GMT

Algerian Cell-Phone Subscribers Benefit From New Service

Al Bawaba
April 12th, 2000 - 02:00 GMT

Tunisian PM Invites Foreign Investors

Al Bawaba
April 12th, 2000 - 02:00 GMT

Moroccan King Visits Italy to Ease Debt Burden

Al Bawaba
April 11th, 2000 - 02:00 GMT

Comdex Opens in Saudi Arabia

Al Bawaba
April 11th, 2000 - 02:00 GMT

Iraqi Fertilizers Production

Al Bawaba
April 11th, 2000 - 02:00 GMT

Projected Syrian-Saudi Trade Exchanges

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