(Corrects first sentence to remove inaccurate description of Michael Bloomberg as CEO of Bloomberg LP) Bloomberg LP is

Raytheon Technologies on Monday said it was awarded a $264 million modification contract from the United States Navy

Traders on Friday raised bets that the Federal Reserve will hike interest rates before the end of the

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Sep 6, 2023--

Adam Aron, the CEO of AMC Entertainment, admitted Thursday that he was a "victim of an elaborate criminal extortion" plot.

To appeal to a new generation of philanthropists, the Brooklyn Community Foundation is ditching the word “foundation” and establishing itself with a new name: Brooklyn Org

It’s lonely at the top – just ask Elon Musk’s former colleagues. The Twitter owner tells the same jokes and anecdotes “over and over” and “seems quite alone,” according to a former senior executive at the company. Esther Crawford, who went viral last year after being pictured sleeping on the floor of Twitter’s office while trying to meet a tough deadline set by Musk, shared her thoughts in a post on the platform which was recently renamed X. Sign up to our free Indy100 weekly newsletter Crawford joined Twitter when it bought her startup in 2020, well before the billionaire took over the social media platform in a $44bn deal last year. The former head of product development, who was sacked in February as part of a round of 200 layoffs, said: “Elon is oddly charming and he's genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. “The challenge is his personality and demeanour can turn on a dime going from excited to angry. “Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him.” She said Twitter employees feared being called into meetings with him or having to deliver bad news. “At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said.” “Product and business decisions were nearly always the result of him following his gut instinct, and he didn't seem compelled to seek out or rely on a lot of data or expertise to inform it. “I saw a person who seemed quite alone because his time and energy was so purely devoted to work.” Meanwhile, Musk appeared to put more faith in random feedback and Twitter polls than in his employees who were working to troubleshoot problems. She said: “His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful.” However, she didn’t pull any punches about the previous management either, calling it “bloated” and “soft and entitled” where “teams could spend months building a feature and then some last-minute kerfuffle meant it'd get killed for being too risky.” Musk recently killed off the iconic bluebird Twitter logo, replacing it with a white X. He has said he wants to create a super-app inspired by China’s WeChat which would offer messaging and payments as well as social media. That vision may be difficult to make a reality, after the collapse of the platform’s advertising business as marketers soured on Musk’s decision to fire thousands of employees and dial down its content moderation efforts. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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Spanish Prime Minister Pedro Sanchez canceled his plans to travel to the G-20 summit in India after testing

Virgin Orbit will cease operations and sell its assets to four winning bidders, the company announced late Tuesday

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The United States on Wednesday announced steps to restrict certain US investments in China, targeting high-tech sectors like semiconductors and artificial intelligence -- a move...