Companies where workers are most likely to become founders

You always have to start somewhere. In the case of many successful startup founders, that means working a day before they’re ready to jump in and start their own business. So what are the best places to work for would-be founders? Several large companies top the list, according to a new report from small business … Read more

Space company: more Martians

Dear readers, Welcome to Quartz’s newsletter on the economic possibilities of the extraterrestrial sphere. Please distribute widely and Let me know what you think. This week: US export controls stand in the way of space supremacy, first US launch of Rocket Lab and big losses for Boeing. πŸš€ πŸš€ πŸš€ What powers American technological supremacy? … Read more

Celebrities arrested for taking diabetes drug to lose weight

It’s no secret that many celebrities will do anything to look good. From Botox to fad diets, no expense is spared in their quest to look “perfect”. But a new trend in weight loss is causing outrage. Several celebrities have been accused of taking Ozempic, a semaglutide drug used by people with type 2 diabetes. … Read more

With its ad business in crisis, Twitter eases ban on political ads

CNN β€” More than three years ago, Twitter banned political and themed ads amid broader concerns that politicians could pay to target social media users with false or misleading information. Now, under new owner Elon Musk, the company is easing that ban, which could give Twitter a much-needed sales boost at a time when Musk … Read more

Tesla shares are down 70% for the year

New York CNN β€” Tesla’s stock is ending its tumultuous year with even more turbulence: It was up nearly 6% on Thursday, but still down more than 10% since last week. And another drop in its price target from Morgan Stanley doesn’t help. Since the start of the year, the stock has fallen by around … Read more

T-Mobile’s Mike Sievert is CNN Business CEO of the Year

New York CNN β€” Investors saw a lot of red in 2022. But a company known for its magenta logo was a stock market darling this year. Shares of T-Mobile (TMUS) have risen around 20% in 2022, even as rivals AT&T (T) and Verizon (VZ) have fallen. Ma Bell was down about 2% while Verizon … Read more

Who’s Afraid of Wells Fargo?

Editor’s note: A version of this story appeared in CNN Business’ Nightcap newsletter. To receive it in your inbox, subscribe for free, here. New York CNN β€” Wells Fargo has reached a $3.7 billion settlement with regulators over the bank’s “widespread mismanagement” that allegedly affected more than 16 million consumer accounts. The Consumer Financial Protection … Read more

With Twitter under Elon Musk’s control, some celebs vow to leave: ‘I’m out’

Elon Musk’s acquisition of Twitter has already led to some major upheavals in the company. Musk called himself “Chief Twit”, senior executives dismissed and shared his plans to change the platform’s current moderation and content bans. Many fear the changes will allow hate speech and inappropriate content on the platform, and as a result, several … Read more

With Twitter under Elon Musk’s control, some celebs vow to leave: ‘I’m out’

Elon Musk’s acquisition of Twitter has already led to some major upheavals in the company. Musk called himself “Chief Twit”, senior executives dismissed and shared his plans to change the platform’s current moderation and content bans. Many fear the changes will allow hate speech and inappropriate content on the platform, and as a result, several … Read more

Elon Musk has turned the business of Twitter upside down. Here’s how he could fix it

New York CNN Business β€” Much of Twitter’s ad sales team has been fired or expelled. Major companies from General Mills to Macy’s have suspended advertising on the platform, and others have potentially followed suit after new owner Elon Musk’s decision to restore former President Donald Trump’s account and… other controversial personalities. And any cursory … Read more