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Palestinian-American business owners face death threats, negative reviews

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"We're sick to our stomachs," one Palestinian-American business owner said. Since war broke out between Israel and Hamas last week, a Palestinian-American apparel store owner in San Diego, California, has received a spate of death threats online, she said. The founder of a chain of Palestinian restaurants in the Northeast U.S., meanwhile, said a person last week screamed expletives at him and his employees at a location in Manhattan, accusing them of being terrorists. The co-director of an Ontario, California-based clothing company -- which sells traditional garments to Palestinians for special occasions -- said Business has ground to halt because customers are postponing celebrations. Palestinian Business owners in the U.S. and Canada who spoke to ABC News described a swirl of emotions in recent days: Grief for thousands in the region who have died and dread as the death toll continues to grow, fear for themselves or their peers amid an outpouring of hate and the cha...

Elon Musk says Twitter's cash flow still negative

Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June. "Need to reach positive cash flow before we have the luxury of anything else," Musk said in a tweet replying to suggestions on recapitalization. We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else. — Elon Musk (@elonmusk) July 15, 2023 This is the latest sign that the aggressive cost-cutting measures since Musk acquired Twitter in October alone are not enough to get Twitter to cash flow positive, and suggests Twitter's ad revenue may have not recovered as fast as Musk suggested in an interview in April with the BBC that most advertisers had returned to the site. After laying off thousands ...