Business
Mortgage rates are now at the highest level of the year, and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and...
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Tesla asks shareholders to vote again on Musk’s $56 billion payout
Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided...
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FAA lifts temporary groundstop of Alaska Airlines flights after technical issue is resolved
The Federal Aviation Administration lifted a ground stop for all Alaska Airlines flights Wednesday after grounding the planes earlier as...
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Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem
Companies often see their stock price jump after announcing job cuts, as Wall Street rallies around the prospects for improved...
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How In-N-Out Burger’s president runs her fast-food empire: Keep it simple, affordable and close
In-N-Out isn’t your typical burger joint, and it insists expanding its footprint won’t change that. For nearly eight decades, the...
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Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the...
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Tesla will lay off more than 10% of global workforce
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk....
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Amazon owes $525 million in cloud-storage patent fight, U.S. jury says
Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights in...
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Trump Media shares plunge after company files to issue additional DJT stock
Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock....
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Apple loses top phonemaker spot to Samsung as iPhone shipments drop, research company says
Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming...
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