taggit Summary
The company’s chief executive, Jack Dorsey, said that Twitter wants to increase its number of daily active users by at least 64 percent, to 315 million, and at least double its annual revenue over the next three years. WeWork’s former chief executive, Adam Neumann, is set to receive a $480 million settlement in his drawn-out legal dispute with SoftBank, a Japanese conglomerate that bailed out the company after Mr. Neumann nearly drove it into bankruptcy in 2019. House Democrats forged ahead with the Biden administration’s $1.9 trillion stimulus package, which includes a measure to bump up the federal minimum wage to $15 an hour by 2025. But a nonpartisan Senate official ruled that the wage increase violated the budgetary rules that govern what can be included in the bill.