BUSINESS

Trump plans to start notifying countries of U.S. tariffs up to 70%

US President Donald Trump said his administration will probably start notifying trading partners Friday of the new US tariff on

BUSINESS

Home Depot’s $5 billion purchase of an unsexy building products distributor is a prime example of smart M&A

Earlier this week, Home Depot said one of its business units was buying building-products distributor GMS for some $4.3 billion,

BUSINESS

The first Tesla just drove itself from its factory straight to the customer

Tesla celebrated a historic first on Friday when a new Model Y left the factory in Austin and—without anyone in

BUSINESS

Shell denies reports of BP mega-merger of Big Oil rivals

Shell said “no talks are taking place” for a potential mega-merger with rival BP that would cost more than $80

BUSINESS

Shipping on high alert in Mideast after U.S. strikes on Iran

The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels following

BUSINESS

Bain & Co luxury report shows personal goods shrank last year

Luxury brands have retreated back to their safe space of exclusivity, having explored new avenues to win customers during COVID.

BUSINESS

Trump’s anti-DEI wave extends to Juneteenth celebrations as corporate sponsors pull out of major events

Juneteenth celebrations have been scaled back this year due to funding shortfalls as companies and municipalities across the country reconsider their

BUSINESS

Nvidia is nixing China from its financial forecasts because U.S. restrictions on chip sales have tightened so much, Jensen Huang says

Nvidia is not including the Chinese market in its financial forecasts as a result of strict export controls hampering business

BUSINESS

Ahead of Tesla robotaxi launch, residents in one Austin neighborhood say Model Ys—with drivers—are circling their blocks over and over

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BUSINESS

Trump says his relationship with Musk is over, slamming the door on the once-staunch ally who tried to de-escalate their feud

The feud between Donald Trump and Elon Musk appears to have caused irreparable damage as the president told NBC News