Biden administration expands EV tax credits in boost for Tesla, Cadillac, others
The EV tax credit change follows Tesla CEO Elon Musk publicly criticizing the former standards as well as GM and Ford lobbying to adjust the guidelines.
Vince McMahon open to leaving WWE for good if he sells the company, CEO Nick Khan says
WWE Chairman Vince McMahon is open to leaving the company forever if he finds the right sale, CEO Nick Khan told CNBC.
Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet
Despite Amazon’s mixed fourth-quarter earnings report, analysts were encouraged by the company’s potential for long-term growth and efforts to tame expenses.
U.S. credit card debt jumps 18.5% and hits a record $930.6 billion
Inflation and higher interest rates boosted credit card debt to a record $930.6 billion at the end of 2022, a 18.5% jump from a year earlier, TransUnion found.
Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
Democrats renew push for national paid family and medical leave program
Democrats say Americans need a federal paid family and medical leave program for workers to bring the U.S. in line with other industrialized nations.
Ford CEO Jim Farley’s frustration builds as he vows to transform the automaker
CEO Jim Farley wants Ford to become a far more efficient company, and he needs it to happen quickly.
Amazon is shutting some Fresh and Go stores as the company cuts costs
Amazon is exiting some Fresh and Go stores with ‘low-growth potential’ as it works to cut costs, the company said on its fourth-quarter earnings call.
Apple telegraphed that things are getting better after a tough quarter — here’s how to interpret its remarks
Here’s how to interpret Apple CFO Luca Maestri’s directional insights from its Q1 earnings call.
Amazon’s advertising business grew 19%, while Google and Meta both deal with slowdowns
Although Amazon’s ads business constitutes a small fraction of the $149.2 billion in revenue the company recorded in its fourth quarter, it’s growing fast.
