Attorneys for a Warren Buffett-owned railway are expected to argue before a jury on Friday that the railroad should not be held liable for hauling asbestos into a Montana town that allegedly sickened — and even killed — hundreds. BNSF Railway has argued that the nation’s
Oil prices fluctuated on Friday, briefly spiking as much as 3% after Israel hit back at Iran in a retaliatory strike, further heightening tensions in the Middle East. Brent crude prices briefly reached above $90 per barrel after a US official told ABC News that Israel launched
China is cracking down on foreign technology in the country, and is now targeting popular messaging apps on the Chinese App Store. Read more...
After a weeks-long downward spell , Trump Media & Technology Group stock has been back on the rise. Read more...
Tesla has recalled 3,878 Cybertruck electric pickups to address accelerator pedals that can dislodge and become trapped, increasing the risk of a crash. Read more...
The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
Higher prices put off shoppers as sales volumes overall stagnate in March.
The very wealthiest believe Trump will let them claim 100% of the cost on their returns. "I can save millions by waiting a few more months," one said.
Tesla is having a very rough 2024 , although casual investors and observers don’t really have to look back further than just the past few days, which have wrecked the company’s stock price. Read more...
The world’s most important semiconductor foundry predicted its second-quarter sales may rise by up to 30% — higher than previously projected — amid an AI boom driven by its customers including Nvidia and Apple. Read more...
The Food and Drug Administration said this week that more doses of Eli Lilly’s popular diabetes and weight loss drugs will be in limited supply through the end of June . Johnson & Johnson’s recent bets on heart devices helped boost sales, but the company’s total revenue in the
The past few months have been rough for Tesla investors as the electric vehicle maker stumbles its way out of an abysmal first-quarter that has sent shares tumbling and left analysts concerned. Read more...
The American Airlines pilots’ union is really concerned about a pattern of “problematic” things it has noticed happening at airports, suggesting that United Airlines soon might not be the only carrier having safety problems. A Boeing whistleblower continues to beat his drum
This week was a positive sign for the tech IPO market, as Ibotta made a successful debut on the public market, and Microsoft-backed Rubrik announced it’s seeking up to $713 million in its IPO. Read more...
Adidas’ profit is being buoyed by its controversial Yeezy collection. Amazon says its Dash Cart technology uses AI , not humans, to monitor shoppers. Nike’s CEO is blaming remote work for its production innovation lag. Read more...
The two lenders agree terms on a takeover deal that could be worth up to £780m.
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.
The streaming giant said it added 9.3 million subscribers in the first three months of the year.
Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday. Paramount, controlled by media heiress Shari Redstone, has been conducting exclusive talks with Skydance on a potential deal — which has drawn
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
Sell or be banned - TikTok's US operations, by some estimates, could fetch up to $100bn.
The regulator calls the data a "wake up call", and says parents and industry need to do more.
Thousands of Chinese companies are making synthetic opioids and shipping them around the world.
Adding to the sense of dread, IAC's billionaire chairman Diller made a rare appearance in the newsroom this week — "scurrying around" in black silk pajamas and house slippers, according to a source.
Starbucks is redesigning its cold drink plastic cups as part of its bid to trim its environmental footprint in half by 2030, the company said in a statement on Thursday. Read more...
Shares of Ibotta — a Denver-based consumer rewards platform that counts major U.S. companies such as Walmart and Kroger as customers — surged in its first day of trading on the New York Stock Exchange Thursday. Ibotta’s stock price rose as much as 34% to a high of more than
Password crackdowns are working really well for Netflix — in fact, the media streaming giant added millions of new subscribers because of it. Read more...
In 2022, Boeing invested in $450 million with Wisk , a company working on a flying car. The next year, it fully absorbed Wisk . By 2030, it hopes to have Wisk’s autonomous flying taxis operating in Asia. Boeing Chief Technology Officer Todd Citron revealed the plans to Nikkei ,
