Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills. On Monday, Tesla cut...
The outlook for department stores grew murkier Tuesday after J.C. Penney, Kohl's and Nordstrom reported fiscal first quarter results that reflected their struggles at the start of the year. Penney, which has...
Shut out of the traditional banking system by federal laws, the country's largest legal marijuana market in California could benefit if the state approves a measure creating a special class of banks to handle...
With Tesla’s stock sinking to around $200 this week, Craig Irwin, an analyst at Roth Capital Partners, told CNBC on Tuesday that the electric car company could have sold to Apple six years ago for a significant...
Comcast is working on a device like the Amazon Echo or Google Home, but with a focus on monitoring health at home, and aims to begin pilot-testing it later this year. A team under Sumit Nagpal, a senior...
Slack is gearing up for its stock market debut and has landed on a new ticker symbol: WORK. In an updated prospectus on Monday, the company said it’s received approval from the New York Stock Exchange to list...
Meal kit companies face an ultimatum: Adapt or die. The business is still in its infancy, with the biggest players — Blue Apron and HelloFresh — less than a decade old. But they're facing serious challenges...
Dressbarn, the women's clothing chain that's been around for nearly 60 years, is closing all 650 of its stores. The company's chief financial officer, Steven Taylor, said Dressbarn has not been operating at...
Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its...
The average U.S. price of regular-grade gasoline fell 3 cents a gallon over the past two weeks, to $2.93. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that it's the first price drop at...
Get breaking news sent to your inbox!
