Economy
Flagging sales and Elon Musk’s political activities are rocking Tesla’s value
Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla. Shares in...
Read more
Donatella Versace steps down as head of Italian fashion house
Donatella Versace announced Thursday that she is stepping down as chief creative officer of Versace, ending her nearly 30-year-long stint at...
Read more
Elon Musk’s politics are hurting Tesla, 85% say in investor survey
More than eight out of every 10 respondents to a Morgan Stanley survey believe Tesla CEO Elon Musk’s controversial political activities are hurting...
Read more
Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years. CEO Ted...
Read more
Dick’s Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the...
Read more
Southwest Airlines will charge to check bags for the first time, launch basic economy tickets
It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the...
Read more
X sees major outages as Musk claims ‘massive cyberattack’ hit platform
Three separate outages appeared to hit Elon Musk’s X social media site Monday as he claimed it was suffering a...
Read more
Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on...
Read more
