The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2019. REUTERS/Brendan McDermid June 6 (Reuters) - Johnson & Johnson (

In late May, employees of the fintech startup Bolt saw a message from their CEO on the company’s Slack. It warned them that “restructuring” was coming, and they should look out for a calendar invitati

Elon Musk is threatening to pull his $44 billion Twitter buyout offer, accusing the company of hiding information about the number of bot and spam accounts on the platform. In a letter filed with the

Solar energy stocks soared Monday after a report that the Biden administration will suspend tariffs on solar panel components from four countries. President Joe Biden declared a 24-month tariff exemp

Young Americans’ finances may have started buckling under the weight of car loans — one more worry to contend with in this precarious economic environment. Generation Z and millennials today have aut

General view of Aramco tanks and oil pipe at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo June 6 (Reuters) - Saudi Arabia, t

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Stephen Hughes/The Globe and Mail Jordyn Hewer had a plan: Go to veterinary school, get a decade of experience under his belt and then buy his own practice. The first two steps went off without a hi

WASHINGTON, June 4 (Reuters) - Jeff Bezos' space tourism venture Blue Origin completed its fifth crewed launch on Saturday after a New Shepard rocket's back-up system that had not met expectations del

Reyes said, "this is an industry that can produce $300 million annually, create 11,000 new jobs and $50 million in state revenue, in just the first year." Hide Transcript Show Transcript YOU’RE WATC

Can the SEC stand up to the richest man on the planet? Enlarge this image toggle caption Patrick Pleul/Pool/AFP via Getty Images Patrick Pleul/Pool/AFP via Getty Images Elon Musk has hurled insults

US households gained about $2.5 trillion in excess savings since March 2020 from stimulus and higher wages. The extra cash has helped keep consumer spending strong, which in turn has driven prices hi

June 4 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Saturday that the electric vehicle maker's total headcount will increase over the next 12 months, but the number of salaried sta

New York (CNN Business) LeBron James is a billionaire, marking the first time an active NBA player has achieved that milestone, according to one calculation. Forbes said that the Los Angeles Lakers s

(Bloomberg) -- Starbucks Corp. said it’s reopening its stores in Shanghai after a wave of Covid-19 infections and government lockdowns hurt its business in the key Chinese market. Most Read from Bloo

A beloved read of the one percent wants to be less flashy. Photo-Illustration: Intelligencer We know, we know: We live in the era of “eat the rich.” Conspicuous consumption is supposed to turn our co

Frontier Airlines' parent company on Thursday said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don't approve the planned combination of the two discount carriers f

Recruiters at major companies offer to hire Tesla employees who want to keep working remotely. On Tuesday, Elon Musk told Tesla employees they must return to the office or resign, reports say. Remot

You all loved the May 19 article, “Giant container ships are ruining everything.” So, we’re delving deeper into the topic. This week’s MODES features special guest Olaf Merk. One could call Merk the

Calvin Johnson used the highest stage reserved only for athletes at the pinnacle of his sport to share his passion for cannabis. At his induction ceremony into the NFL Hall of Fame last April, the fo

Congressional Democrats are accusing Amazon of "obstructing" their investigation into the retailer's labor practices during severe weather events. Members of the House Committee on Oversight and Refo

Supplies believed to be partially mixed with Russian crude arrived in the New York and New Jersey last month, per the WSJ. Those cargoes likely came from India, where the supplies were refined and bl

Short-term profits and long-term consequences — did Jack Welch break capitalism? Enlarge this image Simon & Schuster Simon & Schuster Long before the reign of Elon Musk, Mark Zuckerberg and Jeff Bez

SAN FRANCISCO — Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10 percent of jobs at the electric carmaker, he said in an email to executives seen by Reuters.

Elon Musk’s order that Tesla workers return to the office has sparked a Twitter spat with Australian billionaire Scott Farquhar, after the Atlassian CEO suggested he would be happy to poach Musk’s sta

On the Clock On the Clock is Motherboard's reporting on the organized labor movement, gig work, automation, and the future of work. See More → Infamously, Amazon punishes and sometimes fires warehous

The Los Angeles Lakers star and former Chicago Bulls legend are the only two players in NBA history to hit the billionaires club. LeBron James continues to increase his brand value as Forbes recently

In the face of COVID lockdown-related supply disruptions, Apple is moving some iPad production from China to Vietnam, according to Nikkei Asia. The company is also taking other measures with its suppl

The logo of non-fungible token (NFT) marketplace OpenSea is seen through a magnifying glass amid NFT items displayed on its website, in this illustration. REUTERS/Florence Lo/Illustration NEW YORK, J

The last surviving Howard Johnson's restaurant has closed. Mike Groll/AP LAKE GEORGE, New York -- The last surviving Howard Johnson's restaurant has closed.Open for most of the past 70 years, the res

A United Airlines passenger aircraft prepares to leave its gate and taxi to the runway at San Francisco International Airport in San Francisco, California. United Airlines plans to break ground Wedne

GameStop reported $1.38 billion in revenue in its fiscal first-quarter earnings report Wednesday, up slightly from the $1.27 billion it reported in the year-ago quarter. But, it also reported a $157.

New York marijuana regulators on Wednesday took another step toward setting up the state for the launch of its adult-use retail market, approving a series of proposed rules for packaging, labeling, ad

Remote Work Is “No Longer Acceptable” Return to the workplace or quit Photo by BRUNO EMMANUELLE on Unsplash Elon Musk has allegedly declared that remote labor at Tesla is “no longer acceptable.” A

Show caption The news comes as Elon Musk continues to pursue a takeover of Twitter, whose San Francisco office, he has suggested, could be turned into a ‘homeless shelter since no one show up anyway’.

Buick, the iconic American automaker owned by General Motors, announced a raft of major changes meant to underscore its shift to electric vehicles. The company says it will release its first EV for t