US Business

The Tesla CEO recently floated the idea of someone succeeding him at the electric-vehicle maker, a board member said while testifying in a trial over the billionaire’s pay package.

The chip maker reported a sharp decline in quarterly sales, driven by waning consumer demand for its videogaming chips.

Amazon said it is laying off employees across its corporate ranks, in a rare round of cuts for a tech giant that has mostly seen consistent growth throughout its history.

Entry to the Magic Kingdom, Epcot and Hollywood Studios in Florida will cost as much as $189 a day.

The venture-capital firm is partnering with Abu Dhabi entity to invest $60 million to expand its operations in the Arab country.

New rollout target follows suspension of updated subscription service after impersonators swarmed the platform.

Comparable U.S. sales, those from stores and digital channels operating over the past 12 months, rose 8.2% through Oct. 28 from a year earlier.

The deal builds on a longstanding licensing agreement and marks the cosmetics giant’s largest acquisition, executives said.

To compete in a business dominated by its geopolitical rival, the U.S. needs to build a supply chain nearly from scratch. “How do we as the West manage to re-shore entire industries?”

Airlines have to refund tickets when they cancel a flight or make a major schedule change but some were slow to act or changed their rules during the pandemic.