Fox News’s agreement to pay $787.5 million to settle a voting machine maker’s defamation lawsuit over the network’s 2020 election broadcasts leaves a similar, $2.7 billion suit by voting technology company Smartmatic Corp. to reckon with.
Consumer prices continue to cool down. Goldman Sachs began one of its largest rounds of layoffs since the 2008 financial crisis. And Elon Musk is to go to trial over a 2018 tweet about Tesla.
Elon Musk, the CEO of electric car giant Tesla, will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California.