elon musk has launched a hostile bid to take over his hobby twitter. the billionaire behind tesla uses the platform to connect with his 81 million followers. he thinks the company is essential to the functioning of democracy and that he s the right person to unlock what he describes as its extraordinary potential . yes he s recently emerged as its biggest shareholder but the announcement still took the corporate world by surprise. he s offered to pay $54.70 cents a share more than what the shares are currently trading for. at that figure, the business would be worth $15 billion. joining me now is debra aho williamson, principal analyst at insider intelligence. he s not short of a few bob but is he good for that kind of money? certainly, he s the richest man in the world, he certainly has the money, or can probably obtain the money if he is smart and he really wants to do this. i think the big question for me is, does he really want to do this or is this just yet
dilute the free text l0 vii to three-to-one, three-to-one. today hello, and welcome to have you as joining us here in the united states and all around the world, you are watching cnn newsroom. and i was my church just ahead, high talks between the united states and israel could begin today in washington, as the israeli prime minister s is his country will go into rafah despite pressure from the us. all opposite eastern messages from the two men vying for the us presidency. we will look at the rhetoric coming from the biden and trump camps. and the final four is set in men s college basketball, which teams are headed to the semifinals this weekend will take a look live from atlanta this is cnn newsroom with rosemarie thanks for joining us and we begin here in the were officials tell cnn that high-level talks between us and israeli officials over israel s proposed ground offensive in rafah could take place in the coming hours those talks originally sch
use the euro currency. next week, it s the turn of the bank of england with another rise widely expected. but with inflation starting to ease, are we finally seeing the peak in the cost of borrowing? and when can we expect rates to start coming down again? let s hear first from michelle fleury in new york. the federal reserve has moved with unprecedented speed to get inflation under control. since march of last year, it has raised its benchmark rate by 5.25 percentage points. its latest move is likely to push up the cost of borrowing for american businesses and consumers even further. with inflation showing prices rising more slowly than a year ago, the key question at the press conference was whether this rate increase was the last or would it hike again later this year? fed chairjerome powell wouldn t be drawn. i would say it is certainly possible that we would raise funds again at the september meeting if the data warranted it. and i would also say it is possible that we w
the us national transportation safety board has revealed new details about the door plug that blew off an alaska air jet last month. the 737 max jet left a boeing factory missing four bolts designed to secure the door panel. our north america business correspondent erin delmore has more. this investigation focuses on the bolts used to keep the door in place on the plane. that door is not supposed to open. but it did open onjanuary five and flew off the alaska airjet just after takeoff in portland. now, investigations from the national transportation safety board said the bolts were missing before january five and it appears the alaska airport plane left boeing s factory without the bolts. they were removed to make a repair but it appears not all the bolts were replaced. this is a most diesel we have about what went wrong and it puts the blame on boeing. both details. a supplierfound new boeing. both details. a supplier found new problems with holes drilled on 737 max pl
reports. let s get right to it. at this hour, thousands taking to the streets in israel, blocking the country s main airport and make highways. prime minister netanyahu s latest attempt to curb judicial power just reignited massive protests. also, president zelenskyy arrives at the nato summit. he just addressed a crowd of thousands from an outdoor stage with many supporters in the crowd waving ukrainian flags. ahead, what to expect from his meeting tomorrow with president biden who says ukraine is not ready to join nato. and presidents of turkey just hours ago. his message of thanks now that turkey has lifted the last hurdle. our nbc news reporters are following all the latest developments. we begin in lithuania with president biden and president erdogan. chris, just a couple of days ago, the u.s. was suggesting that sweden would join nato but we didn t know when. they were not thinking it was going to be possible during the course of this summit. we got that surprise