Elon Musk’s Twitter focus sends Tesla shares down again
Shares of Tesla fell 8% on Tuesday after a string of brokerages cut their price targets on the electric-vehicle maker’s stock, citing the risk from Elon Musk’s...
Mark Zuckerberg defends VR developer Within deal at FTC trial
Meta Platforms boss Mark Zuckerberg said the company is focused on building communications apps and developer platforms, speaking on Tuesday at a high-profile trial over the future of...
Economists see 70% chance of US recession in 2023: survey
The likelihood of a US recession in 2023 jumped to 70% as a series of Federal Reserve interest rate hikes drives fears of a stagnating...
Amsterdam looks to ban red light district sex workers from windows
Amsterdam’s world-famous red-light district could look very different going forward as the Dutch city prepares to vote on an ordinance that would permanently close brothel window curtains in...
Hertz probed over allegations it rented recalled cars
US auto safety regulators said on Tuesday they are investigating if Hertz rented unrepaired recalled vehicles to customers. The National Highway Traffic Safety Administration said in a filing...
Nike executives and sexual discrimination, harassment: suit
Nike executives would get “sloppy drunk” and prey on female subordinates while the company ignored their complaints, according to an unsealed gender discrimination lawsuit against...
Wells Fargo hit with record $3.7B fine for ‘rinse-repeat cycle’ of loan violations
Wells Fargo agreed Tuesday to pay a record $3.7 billion to settle charges that it harmed customers through illegal practices that included surprise overdraft fees,...
Elon Musk ‘actively looking’ for Twitter CEO to replace him: report
Billionaire Elon Musk is “actively looking” for a new CEO at Twitter after users voted for him to step down from running the social media...
Sam Bankman-Fried had to be ‘awakened’ during court hearing: report
Disgraced FTX founder Sam Bankman-Fried reportedly dozed off in a Bahamas courtroom during the Monday hearing in which he agreed to be extradited to the...
CVS, Walgreens limit purchase of children’s pain medicines
Pharmacy chains CVS Health Corp. and Walgreens Boots Alliance Inc. limited purchase of children’s pain drugs as they face supply constraints and high demand with the United States experiencing...