Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

NEW YORK/WASHINGTON >> Last month, in the waning days of the Biden administration, the SEC set a tight deadline of several days for demanding that Elon Musk pay a settlement or face civil charges relating to alleged securities violations during his $44 billion takeover of Twitter in 2022.

Mike Johnson was able to keep his spot atop the US House on Friday while seeming to offer minimal binding concessions to hard-right Republicans who had threatened his path to re-election. What Johnson did offer — in an announcement made just before the vote — was a promise to "make meaningful spending reforms to eliminate trillions in waste,

Tesla CEO Elon Musk, the world’s richest person and a key Trump ally, has also endorsed Johnson, writing on X in response to Massie’s post that it was a “bad idea f