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‘No one gets hurt' if they can't buy a luxury handbag, analyst says.
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JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.
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Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids TechCrunchTesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025 CNBCTesla reports 9 percent dip in first quarter revenue The HillTesla Stock in 'No Man's Land' After 43% Rout Ahead of Earnings Yahoo FinanceA cheaper Tesla is back on the menu The Verge
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Tesla profits dropped 55%. Elon Musk is still optimistic NPRTesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025 CNBCTesla's new growth plan is centered around mysterious cheaper models TechCrunchTesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns The New York TimesA cheaper Tesla is back on the menu The Verge
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Teardown expert Sandy Munro bought two Cybertrucks, one to tear down piece by piece and examine, and the other to drive. Munro, 75, detailed for Automotive News much of what he's seen of the Cybertruck's underpinnings.
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Trump is getting additional shares in his social media company, Trump Media & Technology Group, as part of his current agreement. He still can't cash in yet though.
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The rule is expected to go into effect in September.
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If the court sides with Starbucks, it could make it tougher for the National Labor Relations Board to step in when it alleges corporate interference in unionization efforts.
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An influential group of energy-producing countries provides fuel for green vehicle optimism.
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The rule would prohibit companies from limiting their employees' ability to work for rivals, a change that could increase competition and boost wages.
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Also in today's newsletter, Hong Kong's biggest IPO of the year flops and Elon Musk's dispute with Australia
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Millions more salaried workers will be eligible for overtime pay under final Biden administration rule CNNBiden-Harris administration finalizes rule to increase compensation thresholds for overtime eligibility, expanding protections for millions of workers US Department of LaborEmployees Making Less than $58,656 May Now Be Eligible for Overtime SHRMNew Biden rule would make 4 million white-collar workers eligible for overtime pay USA TODAYBiden rule grants overtime pay to 4 million US workers Yahoo News
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There's uncertainty around the company's earnings potential from two key sources.
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A majority of the businesses surveyed, almost three in five, have been running for at least six years, and 15% were operational for over a quarter of a century.
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The proposed merger is expected to be worth an estimated $25 billion.
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Dow closes more than 250 points higher, S&P 500 pops 1% as strong earnings propel stocks: Live updates CNBCStocks close higher for the second session in a row Yahoo FinanceStock Market Today: Dow, S&P Live Updates for April 23 BloombergIsrael-Hamas war: Photos show tent compound ahead of possible Rafah offensive The Associated PressMarket Rallies Again; Tesla Jumps On Cheap EV As Musk Looms Investor's Business Daily
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Huge bullish bets on Shanghai exchanges show growing clout of Asian traders in market for precious metal
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The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from leaving their companies for competitors, or starting competing businesses of their own.
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2024 NFL Draft: Every team's most ideal pick in Round 1, including Bears adding playmaker for Caleb Williams CBS SportsDolphins 7-round mock draft: Miami trades twice to add 3rd round picks Dolphins WireThe NFL Draft's 'secret round' Yahoo SportsNFL Draft Day Predictor 2024: Forecasting Round 1, QB picks ESPNBucky Brooks 2024 NFL mock draft 4.0: DT Byron Murphy II is first defender taken; Bengals select WR NFL.com
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FTC Announces Rule Banning Noncompetes Federal Trade Commission NewsFTC bans most noncompete agreements between employers and workers NPRFTC votes to ban noncompete agreements The HillFTC votes to ban noncompete clauses that bar employees from working for competitors CNBCFTC bans noncompete agreements, making it easier for workers to quit. Here's what to know. CBS News
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The chatbot has been tested at 10 schools in the past 18 months.
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Justice Dept. Reaches $138.7 Million Settlement Over F.B.I.'s Failures in Nassar Case The New York TimesJustice Department reaches $139 million settlement over FBI failures in investigation of Nassar gymnastics abuse claims CNNDOJ settles with Larry Nassar gymnastics victims NPRDOJ settlement in Larry Nassar abuse case to pay gymnasts $139 million USA TODAYJustice Department settles with Larry Nassar victims for $138.7 million The Washington Post
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The Federal Trade Commission is blocking a merger between Coach and Michael Kors, as Albertsons andKrogers pland to sell 579 stores to satisfy the regulator.
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UN rights chief 'horrified' by mass grave reports at Gaza hospitals BBC.comIsraeli troops storm back into eastern Khan Younis ReutersMiddle East crisis: Authorities recover further bodies at Nasser hospital from mass grave, say reports - as it happened The GuardianU.N. Calls for Inquiry Into Mass Graves at 2 Gaza Hospitals The New York Times
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Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say Yahoo FinanceNo Black WNBA players have a signature shoe. Here's why that's a gigantic problem. USA TODAYCaitlin Clark is reportedly getting a Nike shoe. Where is A'ja Wilson's? AndscapeCaitlin Clark will reportedly sign a sneaker deal with Nike CNNHow much Nike is paying Caitlin Clark with historic shoe contract New York Post
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Kuo: Apple cuts Vision Pro shipments, now 'reviewing and adjusting' headset strategy 9to5MacEveryone Already Forgot About the Apple Vision Pro GizmodoAR Smart glasses are everything the Vision Pro should have been Laptop MagApple (AAPL) Growth Opportunities: Southeast Asia and Africa, Lower-End iPhone BloombergApple Cuts Vision Pro Shipments As Demand Falls 'Sharply Beyond Expectations' MacRumors
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Tesla earnings week spotlights EV price cuts, ‘balls to the wall' autonomy push TechCrunchTesla Stock in 'No Man's Land' After 43% Rout Ahead of Earnings Yahoo FinanceTesla's in its flop era The VergeElon Musk on war footing ahead of Tesla's earnings showdown AxiosAfter Tesla's falling sales, layoffs and other problems, this is a crucial earnings report CNN
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I'm a professor of global healthcare entrepreneurship — here's what my research told me about a key component of a successful venture and how to leverage it.
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Shares of Virgin Galactic have rallied after trading down on 13 of the past 17 days.
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The airline's revenue forecast highlights the challenges it faces.
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Gold prices dropped by nearly 3% Monday, pressured as geopolitical pressures appeared to ease in the Middle East.
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Express Inc. said Monday that it was closing 95 Express-branded stores as part of its bankruptcy plan.
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The bill will go to the Senate, and if it's passed in is current form, would require ByteDance, TikTok's Chinese parent company, to sell it within nine months.
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