US Business

President-elect Donald Trump’s incoming administration doesn’t “want to add to the bureaucracy and they don’t want to add investments to create something…that already exists,” said Chief Executive Sasan Goodarzi.

The world’s two richest men got into it on Musk’s social-media platform X over the election.

Quikrete is in advanced talks to acquire Summit Materials, according to people familiar with the matter.

His firm’s collapse wiped $100 billion in market value, prosecutors said.

The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips.

Shareholders voted down Starboard Value’s proposal, which was aimed at damping the Murdoch family’s influence over the media conglomerate.

The jet maker will overhaul employee incentive plan and delay R&D spending.

Shares surged following the earnings announcement. The company’s market value has nearly doubled over the past 52 weeks.

The Tesla supplier expects more than $20 billion in sales by the end of the decade, delaying a target it hoped to hit much earlier.

Tokyo Gas shares rose sharply after activist investor Elliott Investment Management disclosed that it built a stake in the Japanese utility company.