NEW YORK (AP) — Elon Musk says he'll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits. Musk said on a conference call with analysts Tuesday that "now that the major work of ...
PARIS (AP) — Formula 1's governing body says it has approved General Motors' plans to supply engines for the new Cadillac team from 2029. The FIA's approval on Wednesday comes after GM's Cadillac brand got the final signoff to join the F1 grid next year as the 11th team. The team plans to ...
Norfolk Southern's quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in eastern Ohio, but even without that, the railroad's profits still grew. The Atlanta-based railroad reported a major rebound in its results Wednesday with $750 million ...
NEW YORK (AP) — When Random House Publisher Andrew Ward met recently with staff editors to discuss potential book projects, conversation inevitably turned to current events and the Trump administration. "It seemed obvious that we needed to look back to the country's core documents," Ward ...
LONDON (AP) — European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation bloc's digital competition rules. The European Commission imposed a 500 million euro ($571 million) fine on Apple for preventing app makers ...
WASHINGTON (AP) — President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff. "I have no intention of firing him," Trump told ...
