Business News

The drop in stock came shortly after the electric vehicle maker announced it was laying off 10% of its workforce

The Biden administration is enlisting officials in 15 states to help enforce consumer-protection laws covering air travel

The U.S. Supreme Court has denied a petition by MyPillow founder and election denier Mike Lindell to consider his challenge to the legality of the FBI’s seizure of his cellphone at a Minnesota restaurant drive-through

The stock has declined 68% since late March.

Stocks that are trading heavily or have substantial price changes on Tuesday: UnitedHealth Group, Morgan Stanley rise; PNC Financial, Live Nation fall

Chunky bootmaker Dr. Martens is warning of a tough year ahead

Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser

California officials are considering whether to take over monitoring groundwater use in part of the fertile San Joaquin Valley under a landmark law aimed at protecting water flow to homes and farms

Treasury Secretary Janet Yellen is warning of potential global “economic spillovers” from rising tensions in the Middle East

Home values in Detroit have increased by billions of dollars in the years following the city’s exit from the largest municipal bankruptcy in U.S. history

Record numbers of people are starting new businesses, and more and more of them are women and minorities, according to a new study

Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation

The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association

UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into its performance

The NHL and NHL Players' Association on Tuesday announced a multiyear agreement with Bodyarmor to be the league's official sports drink

The International Monetary Fund has upgraded its outlook for the global economy, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth

Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates

Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub

Singapore’s incoming leader says Prime Minister Lee Hsien Loong will stay on as senior minister in the government after he steps down next month

Pakistan and Saudi Arabia have called for an immediate cease-fire and uninterrupted delivery of humanitarian aid in Gaza

President Joe Biden will begin three straight days of campaigning in Pennsylvania in his childhood hometown of Scranton

German Chancellor Olaf Scholz says he asked Chinese leader Xi Jinping to pressure Russia to end its “insane campaign” in Ukraine, the latest in a parade of European leaders and senior officials to make such an appeal

U.S. stocks are drifting in mixed trading as continued worries about high interest rates compete with strong profit reports from some big companies

Nissan says it expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029

The maker of a popular weedkiller is turning to lawmakers in key states to try to squelch legal claims that it failed to warn about cancer risks

Winnie the Pooh and Mickey Mouse have recently entered the public domain, making it possible for artists to use them freely

China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness persisted

China's economy grew at 5.3% in the first quarter, beating estimates with help from policies and better demand

New York Gov. Kathy Hochul has announced the framework of a $237 billion budget that includes broad plans to drive new housing construction, address the influx of migrants and crack down on illegal marijuana shops

Boeing is defending the integrity of the fuselages on two of its largest planes

As the NHL playoffs begin this weekend, ushering in the most exciting hockey of the year, business is booming and the league has bounced back in a big way from the pandemic

NASA is seeking a faster, cheaper way to bring rock samples from Mars to Earth

U.S. stocks slumped after higher yields in the bond market cranked up the pressure on Wall Street

Benchmark U.S. crude oil for May delivery fell 25 cents to $85.41 per barrel Monday

The pilots union at American Airlines says there's been a significant spike in safety and maintenance issues at the airline

Workers are entitled to time off and other job accommodations for abortions under the Pregnant Workers Fairness Act, according to finalized federal regulations published Monday

The stock price for Donald Trump’s social media company is sliding again

Stocks that traded heavily or had substantial price changes on Monday: M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall

Patients suffering from pain have limited options when it comes to medication

Saudi Arabia’s foreign minister is leading a high-level delegation on a two-day visit to Pakistan, which is seeking help in overcoming one of its worst economic crises

General Motors will move its Detroit headquarters to a new downtown office building next year and redevelop its iconic home along the Detroit River

A stretch of the Ohio River near Pittsburgh remains closed to maritime traffic as crews equipped with sonar look for a barge believed to have sunk over the weekend

Goldman Sachs said Monday it saw a double-digit rise in its first-quarter profits, lifted broadly by the stock and bond markets’ performances in the first months of the year

The coffee that picked you up this morning is 600,000 years old

After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday

Global smartphone shipments rose nearly 8% in the first quarter, according to preliminary data from International Data Corp. It’s the third straight quarter of shipment growth and marks the return of Samsung to the No. 1 spot

The operator of the wrecked Fukushima Daiichi nuclear power plant says it has obtained permission from safety regulators to start loading atomic fuel into a reactor at its only operable plant in Japan, which it is keen to restart for the first time sin...

Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges

April 17 marks the 100 days countdown to the Paris Olympics ambitious opening ceremony

Retail sales up a strong 0.7% in March from February underscoring the resiliency of the US consumer