Elon Musk testified in court on Friday in a trial that may decide whether a tweet he sent in 2018 cost Tesla investors…
Business
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Amazon said Wednesday it plans to shut down its charity donation program, in the latest example of the company’s broader cost-cutting efforts. Through the program,…
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Netflix’s Reed Hastings is giving up his CEO role but will remain on as chairman, the company announced along side its earnings report Thursday.…
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Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of…
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Party City filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest casualty in the U.S. retail industry as persistently high…
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Business
‘Millions of dollars were lost’: Lawyers spar over whether Elon Musk misled investors with his tweets
Opening arguments kicked off Wednesday in a trial that is pitting Tesla against shareholders accusing the company of misleading them over a tweet…
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Microsoft said Wednesday it would cut 10,000 jobs worldwide amid a slowing global economy. In a blog post, Microsoft CEO Satya Nadella said…
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A 2016 video that Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating…
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Bank of America CEO Brian Moynihan said Friday that the bank is preparing for a potential recession in 2023, including a scenario where…
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Southwest Airlines is looking at all options to ensure the operational meltdown it suffered last month is not repeated, Chief Executive Bob Jordan said…