Lamborghini reports record profits in 2020, CEO teases electric future
Despite a mandatory factory shutdown during the pandemic, the "raging bull" of the auto world delivered 7,430 cars in 2020.
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SpaceX engineer pleads guilty to DOJ charges of insider trading with material bought on the dark web
The engineer, also known as "MillionaireMike," used information obtained on the dark web to trade public securities with non-public information, the DOJ said.
Dr. Peter Hotez backs Fauci in his showdown with Sen. Paul over masks
Paul claimed that people are not at risk of Covid after they have recovered or have been vaccinated, and, therefore, do not need to wear masks.
FedEx earnings beat estimates on 'unprecedented' holiday shipping season
CEO Fred Smith said the logistics giant expects demand for its "e-commerce and international express solutions to remain very high for the foreseeable future."
Lawmakers call for change in Covid rhetoric amid rise in violence against Asian Americans
Lawmakers and experts Thursday called for shifting rhetoric on Covid-19 and passing hate crime legislation amid rise in violence against Asian Americans.
Ford cutting shifts, partially building F-150 pickups and Edge SUVs due to chip shortage
The number of vehicles impacted is expected to be "in the thousands," according to a Ford spokeswoman.
Biden administration eyes mid-May to begin relaxing Covid travel restrictions, sources say
The relaxation of restrictions would involve travel across the Mexican and Canadian borders and on inbound travel from the U.K., Europe and Brazil.
Republican FTC commissioner explains why he voted against Facebook antitrust suit
The time that's lapsed between Facebook's purchases of Instagram and WhatsApp and the investments it's made present obstacles for enforcers, Noah Phillips said.
Lordstown Motors shares close down 13.8% after confirming SEC inquiry
CEO Steve Burns told investors Wednesday that company was "cooperating" with federal officials.
'I totally disagree with you,' Fauci tells GOP senator in fiery exchange over masks
Fauci pushed back against Sen. Rand Paul’s claim that people are not at risk of Covid after they’ve recovered from an infection or have been vaccinated.
Inclusion isn't just right, it's also profitable, TIAA CEO Roger Ferguson says
Getting a better mix of workers and executives has taken focus in light of last summer's racial unrest, as well as growing wealth disparities.
10-year Treasury yield climbs above 1.7% for 14-month high, 30-year rate briefly tops 2.5%
The 10-year U.S. Treasury yield hit 1.75% on Thursday morning, despite reassurance from the Federal Reserve.
Lyft says it just had the most riders in a single week since the pandemic started
Ride-hailing companies Lyft and Uber are beginning to rebound from their pandemic lows as Covid vaccines roll out and state restrictions are lifted.
Biden will reach goal of having 100 million Covid vaccine 'shots in arms' in his first 100 days as early as Thursday
Biden is scheduled to make an announcement on the "state of vaccinations" later Thursday where he may discuss the milestone.
New Teen Vogue editor-in-chief Alexi McCammond resigns over past racist tweets about Asians
McCammond said she and Teen Vogue publisher Conde Nast "have decided to part ways."
Apple CEO Tim Cook praises Dreamer bill, urges Congress to pass it
The statement continues Cook's advocacy on behalf of Dreamers, and follows Amazon CEO Jeff Bezos, who publicly praised the bill on Wednesday.
Cuomo ducks media again as sexual harassment scandal rages, talks Covid and baseball instead
New York Gov. Andrew Cuomo is trying to avoid talking about sexual harassment claims even as many fellow Democrats call for him to resign.
Starbucks shareholders vote against executive pay plan
Starbucks shareholders rejected the coffee chain's executive compensation proposal, in a rare admonition of an S&P 500 company.
New Capitol riot videos released as FBI seeks tips on 10 worst attackers of police officers
The FBI is seeking more information on people suspected to be involved in the deadly pro-Trump riot on Capitol Hill on Jan. 6.
Senate confirms Xavier Becerra as HHS secretary as U.S. tries to emerge from Covid crisis
Xavier Becerra, California attorney general and former U.S. representative, will play a major role in the Covid-19 vaccine rollout.
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