Musk, Twitter may reach deal to end court battle as early as Wednesday, person familiar says

October 5, 2022

Elon Musk and Twitter Inc may reach an agreement to end their litigation as soon as Wednesday and clear the way for the world’s richest person to close his $44 billion deal for the social media platform, a source familiar with the litigation told Reuters.

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OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure

A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices despite calls from the U.S. to pump more to help the global economy.

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Businesses added 208,000 jobs in September, better than expected, ADP reports

The U.S. labor market showed strength in September, with private companies adding more jobs than expected, payroll services firm ADP reported Wednesday.

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