Daimler CEO expects 'intense competition' if Apple and Alibaba enter electric vehicle market
The chief executive of Germany's Daimler believes the automaker will face stiff opposition from tech giants if they decide to launch their own cars.
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Airline executives cast doubt on European summer vacations with borders still closed
Airline executives say they don't expect a jump in European bookings this summer with borders still closed.
AppLovin shares close down 18.5% on first day of trading
AppLovin is just the latest in a wave of gaming IPOs.
Jeff Bezos says Amazon needs to do a better job for employees in his final shareholder letter as CEO
Jeff Bezos says Amazon needs to do a better job for employees in his final shareholder letter as CEO.
Trump campaign chief Manafort's associate Kilimnik gave Russia 2016 election strategy, polling, U.S. says
Konstantin Kilimnik, who has been identified as a Russian intelligence agent, worked closely with Paul Manafort, the 2016 Trump campaign chairman.
Biden says he is ready to 'take further actions' if Russia escalates against U.S., opens door to cooperation
Biden's remarks came after his administration sanctioned several Russian nationals and entities for the Solarwinds hack and election interference.
Former Vice President Pence gets pacemaker implanted, expects full recovery
Pence underwent surgery to have a pacemaker implanted after experiencing "symptoms associated with a slow heart rate," his office said.
Delta posts nearly $1.2 billion quarterly loss, expects to break even in June as bookings improve
Delta says bookings have improved over the past several months and expects to break even by June.
Treasury yields drift lower even after strong economic data
U.S. Treasury yields drifted lower on Thursday morning, ahead of the release of weekly jobless claims and monthly retail sales data.
Virgin Galactic shares erase 2021 gains after Richard Branson's stake sale
Shares of Virgin Galactic dropped in trading on Thursday, erasing its 2021 gains after founder Richard Branson sold more stock.
Bipartisan House group pushes to scrap SALT cap as infrastructure debate heats up
A bipartisan group of House members aims to repeal the $10,000 cap on state and local tax deductions, and some want to do so as part of the infrastructure bill.
Apple won't make an iPhone Mini next year, says top analyst
2022 iPhones could include a new image sensor supplied by Sony that can output video at 8k resolution and take 48-megapixel photos, top analyst says.
Mercedes-Benz unveils new flagship EQS electric sedan to take on Tesla
The 2022 Mercedes-Benz EQS marks a new era for the German automaker as it pivots to EVs. The car will be part of its large S-Class car family.
Hyundai enters U.S. pickup market with new Santa Cruz 'Sport Adventure Vehicle'
Hyundai is calling the 2022 Santa Cruz a "Sport Adventure Vehicle" because it has the characteristics of a crossover, but the bed of a pickup truck.
Amazon spent $11 billion on video and music content last year, up from $7.8 billion in 2019
The $11 billion worth of content spend in 2020 is a sharp uptick from 2019, when Amazon spent $7.8 billion.
Lawsuit alleges Olive Garden parent's tipping policy causes racial discrimination, sexual harassment in latest push against tipped minimum wage
Advocacy group One Fair Wage is suing Darden Restaurants, alleging its tipping policy encourages sexual harassment and racial discrimination.
Google Earth can now show you how much the planet has changed in 37 years
A new Google Earth time-lapse feature lets you see how much the planet has changed in the past 37 years, and it's pretty stunning what you can find.
Rockstar Energy sales growth returns after PepsiCo revamps brand
Rockstar Energy sales are growing again after new owner PepsiCo gave the brand a makeover earlier this year.
House Republican staff outline principles to reform tech's liability shield
It follows committee Ranking Member and Washington Rep. Cathy McMorris Rodger's earlier memo on the panel's "Big Tech Accountability Platform."
Retail sales explode in March as consumers use stimulus checks to spend heavily
Retail sales were expected to rise 6.1% in March, according to economists surveyed by Dow Jones.
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