Browsing Category
Politics
Why Tesla Is Recalling Nearly 2.2M Vehicles, Almost All Its Cars Sold in the US
Key Takeaways
Tesla is recalling almost all of its vehicles sold in the U.S. to…
PayPal Plans to Cut 9% of Workforce, Adding to Wave of Tech Layoffs
Key Takeaways
PayPal said Tuesday it is cutting 9% of its total workforce; its…
Volvo Pulls Funding From Polestar, Marking Latest Setback for EV Industry
KEY TAKEAWAYS
Volvo said it will no longer provide financial support for Polestar,…
Etsy’s Board Adds Elliott Partner as Activist Investor Takes Big Stake
Key Takeaways
Online marketplace Etsy Inc. said Thursday that it had appointed…
Why Elon Musk’s $55.8 Billion Compensation Package From Tesla Was Struck Down by Judge
Key Takeaways
A Delaware court found Tesla CEO Elon Musk's compensation package,…
Paramount Stock Jumps on $30 Billion Byron Allen Buyout Offer
Paramount Global (PARA) stock jumped Wednesday after media entrepreneur Byron Allen…
Boeing Suspends Its Guidance Amid 737 Max Fallout, Posts Narrower Q4 Loss
Key Takeaways
Boeing shares rose in early trading Wednesday after the aircraft…
Taylor Swift’s Label Universal Music Group Ends License Agreement with TikTok
KEY TAKEAWAYS
Universal Music Group, which has big-name stars such as Harry Styles…
Tesla Stock Rises as EV Maker Unveils Big Spending Plans on Various Projects, Including AI
Key Takeaways
Tesla said it plans to spend tens of billions of dollars over the…
Saudi Aramco Halts Plan to Raise Production Capacity
KEY TAKEAWAYS
Saudi Arabia caps Aramco's oil production at 12 million barrels per…