Lucas Manfredi
Fox Business
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Past articles by Lucas:
Elon Musk says Twitter suffered ‘massive’ revenue drop due to activist group pressure on advertisers
A letter has been sent to Twitter's top 20 largest advertisers, urging them to cease advertising on the platform if Elon Musk rolls back its current content-moderation practices. → Read More
Elon Musk's Twitter job cuts trivialize labor law, says lawyer fighting for laid-off workers
A class-action lawsuit has been filed against Elon Musk's Twitter claiming the layoffs violate a federal law requiring 60 days of advanced notice for employees. → Read More
Elon Musk scrapping Twitter's 'days of rest' from employee calendars: report
Elon Musk is reportedly scrapping Twitter's monthly, companywide day off established during the COVID-19 pandemic. → Read More
Stripe slashes 14% of workforce
Stripe's cuts will reduce its headcount to a total of almost 7,000 people and impact multiple divisions. Recruiting will be heavily impacted as the financial services giant plans to hire fewer people next year. → Read More
Comcast, Charter Communications name streaming joint venture 'Xumo'
Xumo will bring its first branded devices to market in late 2023, distributed by Comcast, Charter and Walmart. Additional distributors will be announced at a later date. → Read More
Elon Musk's Twitter sees mass exodus of top executives
Twitter's Chief Customer Officer Sarah Personette and Chief People and Diversity Officer Dalana Brand are among the latest departures after submitting their resignations on Friday. → Read More
Elon Musk's 5 major moves in first week of Twitter ownership
Here is a FOX Business roundup of the top five changes the world's richest man has announced or already made in his first week as Twitter's new owner. → Read More
Ford giving underperforming employees option to voluntarily take severance
The severance will be available to underperforming Ford Motor employees with eight or more years of service. The white-collar workers will also have the option of enrolling in a performance enhancement plan. → Read More
Bed Bath & Beyond investigating possible data breach
Home goods retailer Bed Bath & Beyond said it has no reason to believe that sensitive or personally identifiable information was accessed through the possible data breach. → Read More
Shanghai Disneyland shuts down over COVID-19 safety measures
Disney's Shanghai Disneyland park suspended operations to comply with the city's COVID-19 safety measures. The theme park's two resort hotels remain open. → Read More
Elon Musk taking Twitter private: What to know
The New York Stock Exchange, which suspended trading of Twitter stock on Friday, has notified the U.S. Securities and Exchange Commission that shares of the social media company will be delisted on Nov. 8. → Read More
ExxonMobil, Chevron rake in record Q3 profits following oil price surge
ExxonMobil reported $19.7 billion in net income and $112.07 billion in quarterly revenue, while Chevron reported $11.23 billion in profit and $66.64 billion in revenue during the quarter. → Read More
Mattress Mack poised for historic $75M payout after $10M World Series bet
According to Caesar's Sportsbook, the odds of a Houston Astros World Series victory are currently at -200, while the odds of a Philadelphia Phillies win are at +170. → Read More
Elon Musk fires Twitter’s top brass after closing $44 billion deal: reports
After closing the $44 billion deal to acquire Twitter Thursday evening, Tesla CEO Elon Musk has reportedly fired several of the company's top executives. → Read More
Musk tells advertisers Twitter will not become 'free-for-all hellscape'
Elon Musk said Twitter "aspires to be the most respected advertising platform in the world" and that ads on the platform should be "as relevant as possible" to its users' needs. → Read More
Facebook parent Meta stock plummets, CEO Zuckerberg sees net worth sink
Zuckerberg owns more than 350 million shares of Meta's stock, according to its latest proxy statement. Its shares have tumbled approximately 70% year to date. → Read More
Jobs data, Fed decision, Peloton earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days. → Read More
Elon Musk visits Twitter headquarters ahead of $44B acquisition deadline
Musk posted a video to Twitter showing him carrying a sink into the building with the caption "Entering Twitter HQ – let that sink in!" He also changed his Twitter bio to "Chief Twit." → Read More
Boeing's Air Force One, tanker programs dent defense unit
The Air Force One program contributed to a $2.8 billion loss for the Arlington, Virginia-based aerospace company's defense unit during the third quarter. → Read More
Elon Musk closes Twitter deal: What's next?
Elon Musk's $54.20 per share Twitter buyout is nearing the finish line. Here's what could lie ahead for the social media giant under the ownership of the world's richest man. → Read More