US Business

The South Korean tech giant’s net profit fell 73% in the fourth quarter, leading to weak earnings for 2023.

The Delaware judge cited Musk’s “extensive ties” with those determining his most recent pay deal, which shareholders approved in 2018.

The company’s quarterly revenue hits a record, but below analysts’ projections. CEO Laxman Narasimhan says the brand remains strong.

Prices for battery metals including nickel have fallen sharply over the past year, as demand, especially from EV makers, has failed to keep pace with new supply.

Amazon will pay Roomba maker a $94 million termination fee after the EU raised concerns that the tie-up would restrict competition in the robot vacuum cleaner market

Walmart is giving store managers higher bonuses and stock grants as the job becomes more difficult in the e-commerce era.

The layoffs are expected to be smaller and more targeted than those in 2023.

Tesla targeted $10 billion in capital expenditures in the current fiscal year, but projected spending of $8 billion to $10 billion in fiscal 2025 and 2026.

Bayer shares slumped after the German pharmaceutical and agricultural company was ordered to pay $2.25 billion in damages in the latest setback in its legal battle over its Roundup weed killer.

In an ‘always on’ work culture, employees feel shame about taking time off, even if company policies purport to encourage it