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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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It is important to have a happy balance of both money and career satisfaction. (File photo)
June 22nd, 2016 - 10:45 GMT

Grow your career or your bank balance? Which one is the deal breaker for you?

During the event
June 22nd, 2016 - 09:57 GMT

Dubai Chamber presents gifts to dhow sailors to mark Zayed Humanitarian Work Day

During the event
June 22nd, 2016 - 09:38 GMT

Oman Arab Bank volunteers distribute food hampers to low income families

Jordan's Wadi Mujib was declared a biosphere reserve by UNESCO in 2011. (Flickr)
June 22nd, 2016 - 09:30 GMT

HBTF, USAID to support tourism in Jordan with SME loans

Canon demonstrates strength in print with 8 BLI award wins
June 22nd, 2016 - 09:23 GMT

Canon demonstrates strength in print with 8 BLI award wins

Ericsson
June 22nd, 2016 - 08:35 GMT

Consumers challenge operators to deliver the one-click experience

The announcement by the airline came despite earlier statements by a regional BA official that flights might resume to Sharm El Sheikh in September. (Facebook)
June 22nd, 2016 - 08:30 GMT

Has British Airways abandoned Sharm El Sheikh forever?

Thomson Reuters
June 22nd, 2016 - 08:29 GMT

Thomson Reuters issues a report on Halal Ingredients

Said Darwazeh Chairman of the Board of Directors
June 22nd, 2016 - 08:25 GMT

Said Darwazeh elected RJ Chairman of the Board of Directors; Suleiman Obeidat appointed a board member

Hamad Medical Corporation
June 22nd, 2016 - 08:15 GMT

HMC issues driving advice for fasting diabetics during Ramadan

Adam Boukadida, left - Ricky Thirion, right - Adam Smith Awards
June 22nd, 2016 - 08:04 GMT

Etihad Airways wins top honours at the prestigious Adam Smith Awards

Corneliani was founded in 1958 and is one of Italy’s longest standing independent brands. (Corneliani)
June 22nd, 2016 - 07:30 GMT

Bahrain's Investcorp acquires majority stake in Italian luxury menswear brand Corneliani

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