Elon Musk pushed back on advertisers boycotting X over antisemitism and other hate speech on the platform formerly known as Twitter during the 2023 DealBook Summit in New York on Wednesday.
What he's saying: "If somebody's gonna try to blackmail me with advertising? Blackmail me with money? Go f**k yourself." Musk said. "Don't advertise."
The UAW is launching a campaign to organize 13 non-unionized automakers as it bids to extend its momentum from a strike against the Detroit Three manufacturers.
Why it matters: After securing record contracts with the Detroit Three automakers, UAW president Shawn Fain promised to organize other American automotive operations.
The lede has largely been buried on the biggest news from the crypto media world in recent days.
Between the lines: CoinDesk's acquisition by Bullish means that Block.one — a bit of a pariah in the crypto world, but one with a giant war chest — just bought the industry's most important media outlet.
Spanish infrastructure firm Ferrovial has agreed to sell its 25% stake in London's Heathrow Airport for £2.37 billion to private equity firm Ardian and Saudi Arabia's Public Investment Fund.
Why it matters: Heathrow is one of the world's busiest airports, with passenger volume recently surpassing pre-pandemic levels.
Fresh data released Wednesday shows U.S. economic growth in the third quarter was even better than previously thought: Gross domestic product increased at a 5.2% annualized rate, the Commerce Department said.
Why it matters: The data, from the July to September period, is the latest indicator pointing to a booming economy that continues to defy gloomy warnings of a slowdown.
Taylor Swift just took another title: Most-streamed artist.
Driving the news: Spotify Wrapped dropped Wednesday naming Swift as the most-streamed artist globally and in the U.S. Drake, Morgan Wallen, The Weeknd and Bad Bunny were also among the top 10 in the U.S.
The dollar is down big this month, putting in its worst performance in a year.
Why it matters: The decline in the greenback — as measured by the U.S. dollar index — is a reflection of growing certainty in financial markets that the Federal Reserve has basically vanquished inflation and will start to cut short-term rates in 2024.
Environmental groups criticized the Biden administration's $3.4 million auction of oil and gas drilling rights in Wyoming on Tuesday as world leaders prepare to meet in Dubai for the COP28 climate summit.
The big picture: The 37 parcels of land covering some 35,000 acres was the first of 63 drilling parcels the Interior Department's U.S. Bureau of Land Management (BLM) planned to sell across 44,000 acres in six Western states over the next two weeks.
Hawai'i's attorney general has announced subpoenas for three Maui agencies this week as part of an investigation into the catastrophic wildfires that reaped through the island in August.
The big picture: The move comes as the island reels from the deadliest wildfires in the U.S. in over a century, which killed at least 97 people, destroyed thousands of acres and caused more than $5.5 billion in damage.
