Tesla Inc. is closing down retail showrooms, firing employees and cutting their pay in order to live up to a promise it made to make the Model 3 more affordable at $35,000.
If the SEC pushes out Elon Musk as Tesla CEO, who will replace him?
Lyft has filed the papework for its IPO expected to generate some $25 billion.
Gap Inc. has announced that it will turn Old Navy into its own publicly-traded company while closing 230 Gap stores to revitalize the brand.
Amazon CEO Jeff Bezos is being asked to return to New York despite protests against him building HQ2 in Long Island City, Queens.
Camber Pharmaceuticals has recalled 87 lots of its Losartan Potassium blood pressure medication for the presence of a cancer-causing impurity.
Celebrity and television personality Martha Stewart will join hands with Canada-based marijuana producer Canopy Growth in a brand partnership to launch new lines of CBD products for people and animals.
The fears over tightening credit supply are overblown, but it is also a reason for the Fed to pause its policy, the head of U.S. financial markets at Oxford Economics said.
Sheldon Adelson, the billionaire founder of Las Vegas Sands Corp. has been diagnosed with cancer and is away from the office for the past three months.
BMW and Daimler are partnering to advance their self-driving car tech -- and save a ton of money in the process.
HBO CEO Richard Plepler has resigned -- or he might have been forced to resign.
Tesla has finally launched its $35,000 Model 3 but will fire employees to get the money to do so.
Victoria's Secret has announced that it will be closing 53 under-performing stores in North America.
In the latest drama for Facebook, leaked documents suggest the social media giant is actively demoting conservative content.
With the announcement of its fourth quarter results, J.C. Penney has made the decision to close an additional 27 store locations.
Despite the success of Netflix's streaming service, a new study suggests account sharing could be costing the company $192 million in monthly revenue.
Apple will terminate 190 employees working in the self-driving car program, Project Titan in California. This was revealed by the company in a filing with the state regulators.
A moderate open likely for U.S. markets Thursday as top stock index futures were slightly down after the U.S.-North Korean summit in Hanoi ended without a deal.
The smart money is on Tesla inc. revealing the Model Y, or something about the Model Y, on Thursday.
Three of China's Big Four state-owned banks are the biggest investors in Tesla's Shanghai Gigafactory.
Verssum has nixed an acquisition bid from Merck, but still says it will study it.
Norway's sovereign wealth fund lost billions when it played the stock market at the wrong time.
Volvo Cars unveils its Polestar 2 all-electric car, which was built to challenge the Tesla Model 3.
In an arbitration ruling, 21st Century Fox was ordered to pay $178 million in damages for fraud dealings against the creators and actors of the 'Bones' TV series.
After crossing 1 billions downloads, TikTok is launching a new video series to help inform users on issues like privacy and online safety.
Epic Games has found itself in the middle of another lawsuit. This time, over the "Running Man Challenge" dance.
Germany’s luxury carmaker Porsche has announced that will launch an electric version of its most popular model Macan in the next few years.
A lower opening likely for the U.S. stock markets Wednesday, after major index futures remained downcast in the morning.
Federal Reserve Chief Jerome Powell has expressed concern about the mounting U.S. national debt. Testifying to a Congress Banking Committee, he said the federal government is moving on an unsustainable fiscal path leading to the escalation of debt as a percentage of the GDP.
Peugeot returns to the United States in the next decade with its new electric cars.