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Twitter-Musk takeover dispute heading for an October trial

Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it. “Delay threatens irreparable harm,”...

Stocks slip as Wall Street braces for big hike in rates

NEW YORK (AP) — Stocks are slipping in shaky trading on Wall Street Wednesday after a highly anticipated report on inflation turned out to be even worse than expected. The S&P 500 was 0.3% lower after tumbling as much as 1.6% earlier in the morning. The Dow Jones Industrial Average was...