Business

The complaint alleges that the company made "untrue or misleading" statements in advertisements on its website by claiming that Tesla vehicles were, or could be, equipped with advanced driver assistance system features. The Tesla (TSLA)…

They have become forces in their own right and make up around 21% of sales in the $1.7 trillion US grocery industry, according to IRI.But the origins of store brands remain largely secretive. Retailers aren't typically forthcoming about…

Elon Musksaid that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on original terms. "However, if it turns out…

Check out what's clicking on FoxBusiness.com. Buyers of a majority of electric-vehicle models would not qualify for a $7,500 tax credit under a Democratic proposal in the U.S. Senate. That's according to a group of major…

The California Department of Motor Vehicles has accused Tesla of false advertising in its promotion of the company’s signature Autopilot and Full Self-Driving technologies.The agency alleges the electric-car maker misled customers with…

Cryptocurrency brokerage firm Voyager Digital Holdings Inc. secured approval to return $270 million in customer cash, which accounts for a small portion of investor assets that have been locked up since its bankruptcy filing…

U.S. employers added 528,000 jobs in July, the Labor Department said on Friday, again outstripping expectations for a labor market that is still rebounding from the pandemic but that has come under increasing pressure from inflation as…

Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits soar 29% to $1.47 billion in Q2, though its Bitcoin business slumped on decreased customer demand and a fall in Bitcoin (BTC) prices.The…

Aug 4 (Reuters) - Tesla Inc (TSLA.O) shareholders voted for board recommendations on most issues at the company's annual meeting on Thursday, including re-electing directors, approving a stock split, while rejecting proposals focused on…

Shoppers dished out for new sofas, beds and decor, remodeled their kitchens and backyards and invested in their remote work setup. Demand was so hot that it broke global supply chains and caused lengthy delays for goods.It all meant boom…