Twitter Inc. accepted Elon Musk’s offer to buy the public company for $44 billion, marking what will be one of the biggest tech acquisitions ever if the deal goes through. Musk vowed to take a hands-off approach to moderating speech on the platform, though he has not outlined specific plans for the company under his leadership. Twitter co-founder Jack Dorsey voiced his support of Musk’s deal, calling Musk “the singular solution” he trusts to run the company. Twitter’s stock edged higher Tuesday in premarket trading following the news while U.S. future indexes fell ahead of big-tech earnings.

The Supreme Court heard arguments Monday about a former high school football coach who wanted to pray on the field after games, with the court’s conservative majority indicating sympathy for the coach. The court’s decision could strengthen the acceptability of some religious practices in the public school setting. The court will hear arguments Tuesday on the Biden administration’s attempts to end a Trump-era immigration measure that requires asylum seekers to stay in Mexico while their applications are processed, a measure the Department of Homeland Security concluded is not in the U.S.’s best interests.

The Biden administration secured 20 million courses of Pfizer’s antiviral COVID-19 treatment to expand access across the country. Data released in late 2021 showed Paxlovid cut the risk of hospitalization or death by 89% if given to high-risk adults within a few days of thier first symptoms. Beijing ramped up testing for 20 million people as coronavirus cases rise in order to avoid a shutdown similar to Shangai. China’s aggressive approach to curb the spread through lockdowns continue to impact global supply chains and is likely to fuel further inflation in the U.S.

Ford Motor is scaling production of the electric F-150 Lightning to be the first automaker to bring a full-size electric pickup to the U.S. market and capitalize on little initial competition in the electric truck segment. Ford’s CEO said the company plans to produce 150,000 units in the next year, an increase of roughly 110,000 vehicles from its initial target. General Motors announced plans for a fully electric Corvette, though GM’s president did not indicate a date when the car would be available. A hybrid version is expected to hit markets before the all-electirc model.

Whirlpool Corp. indicated consumer demand for appliances is slowing as sales fell more than 8% in the first quarter compared to last year, though revenue remained 14% than the first quarter of 2020. General Electric warned its business will continue to be pressured by supply chain disruptions, despite reporting strong growth for its jet-engine unit as aviation recovers after the pandemic. PepsiCo raised its full year forecast for revenue growth after reporting earnings that topped analyst expectations due to higher prices on Pepsi products like Doritos and Gatorade.

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