One of the last chapters in Elon Musk’s six-year legal fight to save his $56 billion Tesla Inc. pay package unfolded Friday, as the world’s richest man made his final pitch to a judge that ruled the compensation deal was...
Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a final federal tax court decision in a case dating back 17 years. The Atlanta beverage giant said it will...
“Bond King” Bill Gross offered a bearish view of the stock market, just as the “Oracle of Omaha” Warren Buffett also signaled less optimism. In a post on X early Friday, Gross said there are very few “bull stocks” and...
A tropical depression in the Gulf of Mexico strengthened into Tropical Storm Debby on Saturday as it moved through the Gulf of Mexico toward Florida.Forecasters at the National Hurricane Center said the storm now had maximum sustained winds of 40...
It can be a struggle to stay hydrated, especially during the long days of summer. Those endless daylight hours filled with dips in the pool and martinis in the backyard may distract you from that water bottle you carefully filled...
Donald Trump says he is pulling out of a scheduled September debate with Vice President Kamala Harris on ABC and wants them to face off on Fox News, making it increasingly unlikely that the candidates will confront each other on stage before the...
Donald Trump said Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg called him multiple times over the past few weeks, including after the former US President faced an assassination attempt in mid-July. After a bullet grazed his ear, Trump was...
Wall Street has ramped up forecasts on how much the Federal Reserve will cut interest rates after the disappointing July jobs report raised fears of a recession, and a JPMorgan economist said there’s even an argument to be made for...
Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive second-quarter selling spree that sent billionaire Warren Buffett’s cash pile to a record $276.9 billion. In all, Berkshire sold $75.5 billion worth of...
A one-day market crush of this magnitude is unnerving for sure, especially on the back of the aggressive tech selling seen in July, but traders are trying to keep some perspective. The S & P 500 is down 5.7% from...
