Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this year after ruling that the record-setting compensation deal was “deeply flawed.” Tesla also said it would ask shareholders to approve moving the company’s incorporation from Delaware to Texas. Musk had suggested the…
The Federal Aviation Administration lifted a ground stop for all Alaska Airlines flights Wednesday after grounding the planes earlier…
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to…
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon…
Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights…
Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of…
Apple’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers…
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely…
The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent…