X loses revenue as advertisers halt spending on platform over Elon Musk's posts
CBSN
Brands are pulling paid advertising off of social media platform X to distance themselves from its new owner, Elon Musk, over his endorsement of an antisemitic post.
Musk referred to a post claiming Jews "have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them" as "the actual truth," landing him in hot water with companies that are among the platform's top advertisers.
Apple, Disney, Coca Cola and other major companies have since removed paid ads from the platform in moves that could deprive X of up to $75 million in revenue, according to a New York Times report.
President-elect Donald Trump and the head of NATO have met for talks on global security, the military alliance said Saturday.
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Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant Massacree," has died at age 83.
President-elect Donald Trump nominated Dr. Marty Makary Friday to lead the Food and Drug Administration, selecting a surgeon and author who opposed vaccine mandates and some other public health measures during the coronavirus pandemic.
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President-elect Donald Trump has chosen Republican Rep. Lori Chavez-DeRemer as his nominee to lead the Labor Department.
President-elect Donald Trump on Friday announced hedge fund billionaire Scott Bessent as his pick for U.S. Treasury secretary, choosing a former executive with Soros Fund Management who in recent years has been a vocal supporter of the former president's policies, from tariffs to spending cuts.
Walmart must pay almost $35 million to one of its former truck drivers after a California jury found the retailer had falsely accused him of workers' compensation fraud and wrongfully terminated him.
Americans planning to do some holiday baking this year may have to scramble to track down a key ingredient.
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Just a week before Thanksgiving, shoppers at Stop & Shop stores across Massachusetts were forced to leave empty-handed after a cyberattack against the supermarket chain's parent company led to inventory shortages.