Elon Musk tries to explain why Tesla shares are tanking
As Tesla shares sank 8% on Tuesday, reaching a new 52-week low, CEO Elon Musk tried to blame macroeconomic factors.
White House and Congress prepare for possible visit from Ukrainian President Volodymyr Zelenskyy, sources say
Ukrainian President Zelenskyy could address a joint session of Congress in the House chamber on Wednesday, according to sources familiar.
Dwayne Johnson says ‘Black Adam 2’ won’t be part of new phase of DC movies at Warner Bros
A “Black Adam” sequel won’t be part of the next phase of DC movies from Warner Bros. Discovery, according to Dwayne Johnson.
FedEx plans more cost cuts as soft demand hurts profits
FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast.
Apple will reportedly begin producing some MacBooks in Vietnam in 2023 as it shifts from China
Apple will begin producing some of its MacBook computers in Vietnam next year, according to a Nikkei Asia report Tuesday.
Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up
The famed investor expects a mild recession could take a turn for the worse on tightening monetary policy.
‘Bond King’ Bill Gross likes these REITs as Fed rate hikes hit the housing market
Bill Gross has been investing in real estate investment trusts, also known as REITs.
EU opens antitrust probe into Broadcom’s $61 billion VMware bid
The European Commission has opened an in-depth investigation into U.S. chipmaker Broadcom’s $61 billion bid for cloud computing firm VMware.
The EU agreed to limit gas prices, but some analysts are skeptical
The Netherlands and Austria continue to cite supply and financial concerns, while analysts say the EU could quickly ditch the cap when it needs more gas.
Amazon avoids multibillion-dollar fine as it reaches EU antitrust settlement
Amazon made a series of commitments to address allegations from the European Union that the company was using independent sellers’ data to its advantage.
