Business

Tesla CEO Elon Musk said demand for the company's electric vehicles is significantly outpacing production, pointing to growing interest in Full Self-Driving technology as the automaker prepares to expand its Cybercab service to Dallas next month.Musk touted what he described as a "very strong" third quarter during Tesla's earnings call, saying the company is ramping up production to meet growing demand."Demand is growing rapidly for our vehicles. It's exceeding our […]

United Airlines CEO Scott Kirby is facing criticism over his support for a national wealth tax and inheritance taxes approaching 100%, with a senior Justice Department official joining the backlash by taking a jab at the airline's service.Harmeet K. Dhillon, assistant attorney general for the Justice Department's Civil Rights Division, weighed in on the controversy with a post on X about her recent experience flying United."The WiFi didn’t work on […]

Boeing's largest 737 MAX aircraft has received Federal Aviation Administration certification, clearing the way for deliveries of a jet with 1,555 orders that represent a third of the company's outstanding 737 MAX order book.The FAA announced Tuesday that it had certified the 737 MAX 10 after years of regulatory and safety reviews, removing a major hurdle for Boeing as it prepares to begin deliveries to airlines in the coming months.Boeing […]

A family-run American food importer sued the Trump administration on Tuesday over its 50% tariffs on certain Canadian goods, arguing that the duties are unlawful and which the company estimates could cost it roughly $40 million annually on Canadian cheese imports alone.Gellert Global Group, a New Jersey-based food importer, filed the lawsuit in the U.S. Court of International Trade with representation from the Liberty Justice Center, the latest legal challenge […]

Elon Musk said Tuesday that merging his two companies, Tesla and SpaceX, would be "a good idea," revealing that both companies have formed special committees of independent directors to explore a potential deal.Musk, who leads both companies, has previously entertained the idea of combining the businesses, pointing to growing overlap between them.Following SpaceX's quarterly earnings report and Musk's comments during a conference call with investors Tuesday, shares of SpaceX jumped […]

Ferrari CEO Benedetto Vigna on Tuesday offered praise for Tesla's redesigned Roadster sports car, saying that the next-generation vehicle showed that the auto industry has capacity for daring innovation even in a more mature market.Tesla marked the launch of the Roadster last week with a demonstration that included stunts and airborne maneuvers using thrusters the EV company developed with SpaceX. Tesla CEO Elon Musk, who also leads SpaceX, said production […]

United Airlines CEO Scott Kirby is mum when it comes to his own money, even as he calls for a national wealth tax and says income inequality is a "danger" to society.Kirby, who took home about $32.3 million in total compensation in fiscal year 2025, made the remarks when asked about declining public trust in corporate executives during an interview with The New York Times. His compensation includes salary, stock […]

President Donald Trump announced an $8 billion Harvest Fuel Relief payment to farmers this harvest season to offset rising diesel costs and other increased input expenses amid disruptions to the global energy supply caused by attacks from Iran and its terrorist proxies in the Middle East."And some more goodies — you know, I always heard that when you're president, you have a little bit of an advantage, and I sort […]

Walmart announced Tuesday it is rolling out a new membership bundle that gives shoppers access to both Walmart+ and Sam’s Club Plus for $120 a year, nearly $100 less than purchasing the two memberships separately.The bundle works out to the equivalent of $10 per month, though Walmart said it will only be available as an annual membership and will not include a monthly option or free trial.Walmart CEO John Furner […]