Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April. But what if a judge makes that ruling and Musk balks? The Tesla billionaire’s reputation for dismissing government pronouncements has some worried that he might flout an unfavorable ruling of the […]

AUSTIN, Texas (AP) — Tesla’s sales rose 35% in the July-September period compared to the second quarter as the company’s huge factory in China got past supply chain issues and pandemic restrictions. The electric vehicle and solar panel company said Sunday it sold 343,830 cars and SUVs in the third quarter compared with 254,695 deliveries […]

NEW YORK (AP) — Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping. For two years now, shoppers have started preparing for the holidays early but last year […]

CALIFORNIA (AP) – The founder of outdoor gear company Patagonia, long known for environmental activism, says the company is transferring all of its voting shares into a trust “dedicated to fighting the environmental crisis and defending nature.” In a letter posted on the privately-held company’s website on Wednesday night, founder Yvon Chouinard said the 50-year-old […]

WASHINGTON (AP) — Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, threatening to sideline even more homebuyers from a rapidly cooling housing market. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose to 6.02% from 5.89% last week. The long-term average […]

WASHINGTON (AP) — Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households. Consumer prices surged 8.3% in August compared with a year earlier, the government said Tuesday. Though […]

NEW YORK (AP) — From his perch as American Eagle Outfitters’ chief supply chain officer, Shekar Natarajan is taking a page from shared ride service Uber to modernize the supply chain for retailers. Since Natarajan joined American Eagle almost four years ago, the teen retailer has acquired two supply chain businesses for several hundred million […]

NEW YORK (JTA) — Imagine if donating to charities online were as easy as shopping on Etsy or ordering toiletries from Amazon. This is how Chariot, a tech startup with a Jewish value at its core, hopes to transform the future of philanthropy. Chariot’s 20-something Jewish founders, Salo Serfati, Aaron Kahane and Drew Schneider, have […]

WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped again this week, hitting the highest levels in almost 14 years and pushing even more would-be buyers out of the market. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate jumped to 5.89% from 5.66% last week. That’s the highest the long-term rate has been […]

MIDDLE EAST (VINnews) — Six Arab nations are demanding that Netflix remove “offensive content,” particularly immoral programming that targets children. The Middle Eastern countries, which belong to the “Gulf Cooperation Council of Electronic Media” are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. They issued a joint statement declaring that some content on the […]