Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

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Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

Tesla and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk's proposal to take the electric car company private.
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In US, wage growth is being wiped out entirely by inflation

Rising prices have erased U.S. workers' meager wage gains, the latest sign strong economic growth has not translated into greater prosperity for the middle and working classes.
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President of major Papa John's franchise organization: 'We believe it is time for the founder to move on'

A major Papa John's franchisee group on Friday publicly urged the chain's founder, John Schnatter, to move on from the company, as it continues to be rocked by the events following his use of the N-word on a conference call.
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Wall Street Ends Lower as Turkey Woes Hit Banks

NEW YORK – U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank shares and triggered a move out of riskier assets.
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Wrangler Owner Looks to Exit Jeans Business

VF Corp. VFC 0.77% , owner of Lee and Wrangler jeans, is exploring strategic options for its denim business that could include a sale or spin off of the classic American brands, according to people familiar with the situation.
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