Texas AG sues Google over facial and voice data collection
The complaint underscores the role of individual states in protecting users’ information on the internet in the absence of a federal privacy law.
Tesla shares slide after Q3 revenue miss, Bernstein says earnings call ‘didn’t sit well with us’
Shares of Tesla fell Thursday after the electric vehicle maker missed analyst’s revenue estimates.
Existing home sales fall to a 10-year low in September, as mortgage rates soar
Sales of previously owned homes fell 1.5% in September from August to a seasonally adjusted annual rate of 4.71 million units.
Musk says Tesla expects to meet Inflation Reduction Act requirements for new tax credits on EVs
To be eligible for the credit, the car’s battery must meet a minimum threshold of parts sourced from the U.S. or a select set of countries.
American Airlines expects fourth-quarter profit thanks to strong travel demand
American’s revenue rose to a record $13.46 billion in the three months ended Sept. 30, up 13% from 2019 despite flying nearly 10% less.
Elon Musk says Tesla is ‘pedal to the metal’ even with potential recession looming
On Tesla’s third-quarter earnings call, CEO Elon Musk told analysts how his car company plans to continue expanding regardless of what happens with the economy.
IBM surpasses quarterly projections and lifts its full-year revenue forecast
IBM saw a jump in mainframe computer and transaction-processing software sales in its first full quarter of sales of a new version, the z16, in May.
Stay the course? Bear market reminders for long-term investors
The S&P 500 is down 22% since the start of 2022, but there are signs that the bulls will overtake the bears in the new year.
Here’s what the Wells Fargo cross-selling scandal means for the bank’s growth
Wells Fargo’s reputation is in tatters following reports of mass-scale fraud. Regulators have fined the bank repeatedly and capped its growth.
John Fetterman ‘has no work restrictions’ as he recovers from stroke, PA Senate hopeful’s doctor says
The doctor’s assessment came as Fetterman’s auditory processing ability has continued to draw questions about his health in the late stages of the campaign.
