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Tesla reportedly to cut more than 10% of staff in face of profit concerns
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Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.The Wall Street Journal - World -
U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.The Wall Street Journal - Business -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
2024 NFL Mock Draft: Betting market puts Byron Murphy in top 10, plus how odds predict more than 50 players
This mock draft captures how various betting markets are projecting Round 1 and moreCBS Sports - Sports - NFL -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech
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AMD’s AI story has lost some shine. Can earnings brighten the picture?
The past few months haven’t been so easy on the Nvidia Corp. wannabes, and AMD will look to reset that narrative when it reports earnings Tuesday afternoon.MarketWatch - Business -
Guns, transgender rights, mail-in voting: The political issues Trump and Biden voters care about most when deciding where to live
It’s not just about good schools and affordable homes — voters this election year say they are considering hot-button issues including abortion rights and gun control when deciding where they want to live.MarketWatch - Business - Joe Biden -
The battle between athleisure and wider-leg pants is here. That means more trouble for Lululemon, analyst says.
After the skinny jean’s nearly two-decade reign, retailers and clothing makers say looser fits are getting more popular.MarketWatch - Business -
Long-term yields fall for second session as investors focus on Fed, jobs data and Treasury announcements
Rates on U.S. government debt finished slightly lower on Monday as traders looked ahead to the Federal Reserve’s policy decision and April’s official jobs report later this week.MarketWatch - Business -
Oil ends lower on Israel-Hamas cease-fire talks, Canada’s Trans Mountain pipeline expansion
Oil futures declined on Monday, with U.S. prices settling at their lowest in about a month, as efforts to broker a cease-fire between Israel and Hamas helped to ease concerns over potential supply disruptions in the region.MarketWatch - Business - Israel