Breaking News: Business
Tesla faces widening federal probe into door handle safety issues
Tesla models Y and 3 are displayed at a Tesla showroom in Corte Madera, California, on Dec. 20, 2024. Justin Sullivan | Getty Images Tesla has been ordered to provide records to U.S. federal auto safety regulators to comply with a sweeping investigation into possible safety defects with the company’s flush-mounted, retractable door handles that […]
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Warren Buffett may have cut Berkshire’s stake in Apple again in the third quarter
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway may have quietly trimmed its massive Apple stake again in the third quarter, a new regulatory filing suggests. In its latest quarterly report, Berkshire said the cost basis of its consumer products equity […]
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Ford, Hyundai report large declines in October EV sales after end of federal credits
Ford Mustang Mach-E EV vehicles at a Ford dealership in Los Angeles, California, US, on Thursday, Oct 16, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — Sales of all-electric vehicles collapsed last month following the end of up to $7,500 in federal incentives for purchasing an EV, several automakers said Monday. Ford Motor, […]
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Berkshire posts solid earnings. But Wall Street doubts the stock can rally with Buffett’s exit looming
Warren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit over the weekend, but Wall Street analysts were divided on the outlook for the conglomerate between optimism over its insurance rebound and succession uncertainty. The Omaha-based company said operating earnings from its collection of businesses, including insurance, railroads and energy, rose 34% from a […]
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Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant
Huggies, manufactured by Kimberly-Clark and Band-Aid, manufactured by Kenvue. Getty Images Kimberly-Clark announced Monday it’s struck an agreement to buy Kenvue in a deal valued at $48.7 billion that would create a consumer staples giant. The deal is a combination of cash and stock. Shares of Kenvue surged 20% in premarket trading Monday, while shares […]
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Kimberly-Clark to buy Kenvue in $48.7 billion deal
The company logo for Kenvue Inc. Johnson & Johnson’s consumer-health business is displayed during the company’s initial public offering at the New York Stock Exchange on May 4, 2023. Brendan Mcdermid | Reuters Kimberly-Clark said on Monday it will buy Tylenol-maker Kenvue in a cash-and-stock deal valued at about $48.7 billion, to create one of […]
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Auto giants rally as China says it will consider exemptions for Nexperia chip exports
In this photo illustration, the logo of semiconductor manufacturer Nexperia is displayed on a screen. Vcg | Visual China Group | Getty Images Shares of Europe’s biggest carmakers rose on Monday as fears over an industry shortage of semiconductors appeared to recede. China on Saturday said it would consider some exemptions for Nexperia chip exports. […]
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‘Useless’ and ‘hopeless’: Ryanair CEO slams U.K. government over travel tax
Ryanair Group CEO Michael O’Leary gestures while making a point during a press conference with Eddie Wilson, CEO of Ryanair, and Jason McGuinness, Commercial Director, to talk about the future of the company’s operation in the Portuguese market on July 23, 2024 in Lisbon, Portugal. Horacio Villalobos | Corbis News | Getty Images Ryanair chief […]
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Trump tariffs could add $40 billion to holiday shoppers’ and sellers’ costs, LendingTree warns
A person walks down a street with shopping bags in New York City on Nov. 29, 2024. David Dee Delgado | Getty Images American consumer wallets will be billions of dollars lighter this holiday season because of President Donald Trump’s tariffs, according to LendingTree. Sunday marked six months since Trump announced his broad “liberation day” […]
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Where the blockbuster weight loss drug market stands today — and what’s coming next
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | Reuters The appetite for blockbuster weight loss and diabetes drugs is far from satisfied. From fresh competition to new uses, the market is quickly vaulting into a new stage of […]
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