Business

Tesla shares jumped nearly 7% on Tuesday after CEO Elon Musk emphasized over the weekend his intention to concentrate fully on his businesses, particularly Tesla, xAI, and the social platform…

Tencent and Baidu, two of China’s largest technology companies, have revealed how they are navigating the global artificial intelligence race despite tightened U.S. export controls on key semiconductors. Martin Lau,…

A Washington, D.C., federal judge ruled Tuesday that Elon Musk’s role leading the Department of Government Efficiency (DOGE) extends well beyond a temporary advisory position, contradicting the White House’s claims…

Getty Images is investing millions to fight what CEO Craig Peters calls a “world of rhetoric” in its legal battle against Stability AI, the UK-based startup behind the text-to-image model…

Volvo Cars is exploring building a new plug-in hybrid vehicle at its Ridgeland, South Carolina facility. CEO and President Håkan Samuelsson revealed the plan during an analyst call on April…

President Donald J. Trump initially allowed some flexibility for businesses regarding his tariffs, but that leniency is fading. More companies are now feeling the impact, including Japanese camera maker Nikon.…

China has reported its highest ever first-quarter solar capacity addition, installing 60 gigawatts (GW) in the first three months of the year. Rooftop Solar Leads the Surge According to Rystad…

Shein, the Chinese fast-fashion giant, is facing growing criticism for exploitative practices. The European Union recently announced that Shein has violated consumer protection laws by using misleading discounts and high-pressure…

Tesla’s sales across 32 European countries fell by nearly 50% in April, dropping from 14,228 units in April 2023 to just 7,261 this year. This decline contrasts sharply with the…

Tesla has started accepting trade-ins for its Cybertruck models for the first time since they launched. However, owners looking to trade in their vehicles face significant depreciation. Steep Depreciation Rates…

Apple CEO Tim Cook reportedly contacted Texas Governor Greg Abbott urging him to amend or veto a new state law that would require Apple to verify the ages of device…

Amazon shareholders overwhelmingly voted down a proposal to require the company to keep the CEO and board chair roles separate. According to a recent filing, about 82% opposed the measure…

Kraken, the cryptocurrency exchange that has long faced legal battles with the U.S. Securities and Exchange Commission (SEC), announced plans to offer tokenized versions of over 50 U.S. stocks and…

Nike will increase prices on some trainers and clothing in the US starting early June, weeks after Adidas announced similar hikes due to tariffs. While Nike did not directly attribute…

President Donald Trump announced Friday on social media that Apple will face a tariff of at least 25% on iPhones manufactured outside the United States. “I have long ago informed…

British retailer Marks & Spencer announced Wednesday that a recent cyberattack, which caused empty food shelves and halted online sales, is expected to cut nearly one-third of its annual profits.…

Target Corporation isn’t giving up on their sustainability journey, but the current environment of sliding sales and impatient shareholders is taking a toll on the company. The retailer’s chief executive,…

Millions of shoppers in the UK could receive up to £70 each following a tribunal’s approval of a settlement in a long-running lawsuit against Mastercard. The case originated from historic…

Spain is the second most popular tourist destination in the world, after France. To mitigate a housing crisis exacerbated by surging tourism, the island nation is making some of the…

Musk, the CEO of Tesla and owner of X, the app formerly known as Twitter, had a juicy headline grabbing idea. His artificial intelligence startup xAI will continue to purchase…