US markets watchdog sues Musk over disclosure of Twitter stake

The US Securities and Exchange Commission has filed a lawsuit against Elon Musk for not disclosing his 5 percent stake in Twitter in a timely manner in early 2022, ahead of his takeover of the platform later that year. The SEC says this created an artificially low stock price that deprived Twitter stock owners of as much as $150 million. Musk’s attorney called the filing a ”sham”. Also in this edition: we see how Mexico is preparing for Trump’s second term in office and the looming threat of tariffs.