Elon Musk’s company Tesla has seen its biggest drop in revenue in over a decade by nine percent, according to the company’s recent first quarter earnings report. This comes after the company faced several layoffs.
Category Archives: business
Biden administration bans noncompete agreements, setting up legal showdown with business groups
The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements, a move regulators said would help boost employee pay but which is set to be challenged in court by business groups.
Day 6 of Trump’s hush money trial focuses on details of ‘catch-and-kill’ scheme
Testimony in Donald Trump’s historic hush money case resumed Tuesday, with prosecutors urging the court to hold the former president in contempt for attacking witnesses and others, and former tabloid impresario David Pecker returning to the stand with details that linked Trump’s circle to a slew of salacious stories.
Tesla’s affordability push eases growing doubts about its performance and Musk’s focus
Doubts persist for Tesla as demand for electric vehicles slows, and as some critics contend that Elon Musk seems to be devoting more energy to other projects.
Congress is finally set to approve a TikTok ban. But it could still be years before it takes effect.
TikTok’s fate has never been more in doubt since the House of Representatives recently approved a bill that forces its parent company to find a buyer or face a U.S. ban.
UnitedHealth paid ransom in Change Healthcare cyberattack, says patient data was compromised
UnitedHealth said it paid ransom to protect patient data, following the cyberattack on its subsidiary Change Healthcare. But personal data was compromised anyway.
Pro-Palestinian protests lead to arrests, escalating tensions on college campuses
Dozens were arrested at NYU and Yale on Monday and Columbia canceled in-person classes as discord over the war in Gaza grows among students across the country.
Health insurance 101: How to choose a plan that’s right for you
From private health insurance to the marketplace and Medicare, demystifying the world of insurance can be confusing. NBC’s Christine Romans joins TODAY with everything you need to know with tips for finding the best plan for you and maybe even save some money.
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned.
Gas prices are on the rise: What’s behind the increase?
Gas prices across the United States are on the rise with the national average for a gallon at $3.67, while some towns in California are seeing prices surge to more than $7 a gallon. NBC’s Christine Romans joins TODAY with what’s behind the steady increase.