Business
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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U.S. consumer sentiment falls slightly as outlook for inflation worsens
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged...
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Free cash programs spread as more cities expand the anti-poverty safety net
Just weeks after Kiki Ramos received her first $500 monthly payment from the Richmond Resilience Initiative, her car was stolen....
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Trump Media shares end week down nearly 20%, losing billions in market cap
The price of Trump Media closed trading Friday down nearly 20% for the week. DJT shares, which dropped by more than 8% within...
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Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline...
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Trump Media director accused of ‘hacking’ files in attempted corporate ‘coup’, lawsuit alleges
Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege that their files...
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Tesla settles lawsuit over Autopilot crash that killed Apple engineer
Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of...
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