For more than three hours, two experts offered opposing testimony about the benefit created for Tesla by a Delaware judge's January ruling that rescinded Musk’s $56-billion pay package.
Parents are being warned to “immediately stop” using the power adapters sold with some Hatch baby sound machines after the company recalled nearly one million units for a defect. Read more...
The invite-only events on the lodge’s sprawling grounds are a closely-guarded secret to the public, but the annual conference has traditionally served as a hotbed for dealmaking among moguls like Meta’s Mark Zuckerberg and Disney’s Bob Iger.
Assistant US Attorney Andrew Thomas told jurors that Bill Hwang manipulated stocks and worked with co-defendant Patrick Halligan to lie to the banks with which they traded.
American energy generation has gotten just a little bit cleaner this year. Data from the Energy Information Administration suggests that wind power is a bigger source of electricity than coal for the first time ever. Data from the agency says that wind was responsible for 47.7
Elliott, known for pushing changes to boost shareholder returns, has called for a reconstitution of Southwest's board with "new, truly independent" directors possessing expertise in airlines, customer experience and technology.
Tesla is the weakest link of the so-called ‘Magnificent-Seven’ — a group of tech stocks that have for the most part, barring Apple and Tesla , outperformed the rest of the stock market. Now the Elon Musk EV company is making a comeback. Read more...
Walmart and McDonald’s believe the work some of their employees do merits college credit — and they’ve managed to get a slew of colleges on board. Read more...
Ellison -- the son of tech tycoon Larry Ellison whose Hollywood production company is behind “Top Gun: Maverick” and “Mission: Impossible -Dead Reckoning” -- said Monday that he sees over $2 billion in cuts at Paramount, mostly in its linear media operations.
The pandemic was "the most disruptive and costly event of the 21st century" and that the worldwide excess deaths from COVID were estimated to be 28 million.
More than a decade before Hertz CEO Gil West ran a car rental firm , he served a 12-year stint as the chief operating officer at Delta Air Lines. Now, he’s bringing some old airline colleagues over with him. Read more...
After surging weight loss drug sales have made it the largest pharmaceutical company in the world, Zepbound maker Eli Lilly has set its sights on tackling treatments for inflammatory bowel disease. Read more...
Just as online search engines took our curiosities from the shelves of libraries and onto computer screens, ChatGPT has indisputably reshaped how people across the globe seek answers to their questions. Read more...
The legal team for the shareholder who sued to shut down Tesla CEO Elon Musk’s $56 billion pay package have upped their already record-breaking demands for compensation. Read more...
After carving a deadly path through the Caribbean over the last few days, Hurricane Beryl is moving in on the United States. The aviation tracking website FlightAware says that nearly 1,400 flights have been cancelled in America so far today as the storm makes landfall in
Microsoft employees based in China are reportedly being required to ditch Androids for iPhones as part of the company’s cybersecurity measures. Read more...
Lucid Motors on Monday posted strong deliveries for the April to June period as the electric vehicle maker continues its restructuring and bets its future on a new SUV. Read more...