Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%
Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has…
At a Brooklyn Pawnshop, Customers Are Flooding In to Sell Gold
Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in…
Oil Steadies, Stocks Gain as Iran Tensions Ease: Markets Wrap
Global markets showed signs of stability and oil prices declined as traders wagered tensions in the Middle East won’t escalate…
Analysis-Dollar’s rally supercharged by diverging US rate outlook
A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will…
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
The owner of Thai crypto exchange Bitkub Online, which plans to sell shares to the public next year, could be…
Apple Urged to Speak Out on Vietnam’s Jailed Climate Activists
Apple Inc. has been urged by more than 60 human rights and environmental organizations to publicly oppose the detention of…
Tycoon Tan Is Said to Weigh Starbucks Malaysia Owner Buyout
Malaysian tycoon Vincent Tan is considering taking Kuala Lumpur-listed Berjaya Food Bhd. private, according to people with knowledge of the…
Tesla Scraps Plans for Low-Cost Model Amid Competition in China
A Tesla founder and former chief executive said on Tuesday it was a “shame” to hear that the automaker was…
Oil holds near five-month high as traders focus on Middle East
Oil traded near a five-month high as investors weighed simmering tensions in the Middle East and persistent supply concerns. Brent…
Alibaba Slashes Cloud Prices Globally as AI Demand Quickens
Alibaba Group Holding Ltd. is cutting prices for cloud customers outside of China by as much as 59%, mirroring deep…