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Categories Editor's Pick

Tesla asks shareholders to vote again on Musk’s $56 billion payout

Author April 18, 2024

Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this

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Categories Editor's Pick

FAA lifts temporary groundstop of Alaska Airlines flights after technical issue is resolved

Author April 18, 2024

The Federal Aviation Administration lifted a ground stop for all Alaska Airlines flights Wednesday after grounding the planes earlier as a result

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Categories Editor's Pick

Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem

Author April 18, 2024

Companies often see their stock price jump after announcing job cuts, as Wall Street rallies around the prospects for improved efficiency and

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Categories Editor's Pick

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Author April 17, 2024

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s

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Categories Editor's Pick

Tesla will lay off more than 10% of global workforce

Author April 17, 2024

Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares

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Categories Editor's Pick

Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt

Author April 17, 2024

Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major

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Categories Editor's Pick

U.S. consumer sentiment falls slightly as outlook for inflation worsens

Author April 16, 2024

Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year. The University

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Categories Editor's Pick

Amazon owes $525 million in cloud-storage patent fight, U.S. jury says

Author April 16, 2024

Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights in data-storage technology,

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Categories Editor's Pick

Trump Media shares plunge after company files to issue additional DJT stock

Author April 16, 2024

Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic

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Categories Editor's Pick

Apple loses top phonemaker spot to Samsung as iPhone shipments drop, research company says

Author April 16, 2024

Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the

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