New York | London | Wall Street banks saddled with debt from Elon Musk’ s $US44 billion takeover of Twitter sold large chunks ...

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read ...

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...

Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the ...

Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s ...

A group of banks led by Morgan Stanley sold $5.5 billion of debt related to Elon Musk's acquisition of platform X, formerly known as Twitter, according to a Bloomberg report that cites people with ...

The View hosts slammed Elon Musk’s access to the federal government’s “bank account” as “illegal” and accused President Donald Trump for trying to “expand his power” by giving the billionaire a ...

Spending power, privacy concerns and conflicts of interest have put the bureau at the center of a political fight.

Even as Mr Musk was speaking, workers at USAID ’s headquarters in Washington were being told not to come in the next day.

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the ...