President Joe Biden on Monday pushed Congress to pass a bill providing domestic semiconductor manufacturers with $52 billion in subsidies to cut reliance on foreign sourcing...
American Airlines reported a profitable second quarter Thursday as the ebbing of the Covid-19 pandemic resulted in record revenues despite the hit from higher fuel costs....
United Airlines reported a profitable second quarter Wednesday as strong travel demand boosted revenues, but signaled plans to rein in plane capacity as carriers confront operational...
Tesla reported better-than-expected earnings on Wednesday of $2.3 billion, despite a hit from Covid-19 lockdowns in Shanghai that weighed on profit margins in the second-quarter. Elon Musk’s ambitious electric...
US-European carmaker Stellantis said on Monday it was ending production in China of its Jeep SUV after failing to acquire a majority stake in its joint...
Goldman Sachs reported a 48 percent drop in quarterly earnings Monday after setting aside more funds in case of bad loans, but shares rose as it...
Anxious employees, wary advertisers and hamstrung management: Twitter is limping along as it waits to learn how the fight over Elon Musk’s buyout bid will end....
Tesla chief Elon Musk asked a Delaware court Friday to reject a bid by Twitter to put their $44 billion merger lawsuit on trial in September,...
A Turkish businessman wanted on money laundering, wire fraud and obstruction charges was extradited from Austria to the United States on Friday, the Justice Department said....
Citigroup reported better-than-expected results Friday following a strong performance in trading, as executives described US consumption as healthy despite rising inflation. The big US bank, like...