Tesla stock sinks as Musk and Trump ridicule each other
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and President Donald Trump that exploded into public view…
Economy
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Trump implies government could cut contracts and subsidies to Musk’s companies
President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s businesses. ‘The easiest way to save money in…
Procter & Gamble to cut 7,000 jobs as part of broader restructuring
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as…
This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost
As more parts of the world face intense drought, new technologies are emerging to clean and reuse existing water. Investors are seeing potential for big profits. Water treatment is expensive.…
Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports and the closure of the de…
OpenAI tops 3 million paying business users, launches new features for workplace
OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February. The San Francisco-based startup rocketed into the mainstream…
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week. The blitz,…
McDonald’s Snack Wrap is officially making a permanent return
Snacktime is nigh at the Golden Arches. On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants nationwide: July 10. And, thankfully, it’s not a…
McDonald’s Snack Wrap is officially returning. Here’s when.
Snacktime is nigh at the Golden Arches. On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants nationwide: July 10. And, thankfully, it’s not a…
Elon Musk’s Neuralink raises $650 million in fresh capital
Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced Monday. ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other…