A federal judge ordered Elon Musk to testify under oath in two proposed class actions accusing him of defrauding voters in swing states before the 2024 election by promising a $1 million-a-day giveaway.
Oil prices edged up about 2% on Thursday after a cargo vessel was hit by an unknown projectile near Oman, sparking worries about how long it could take for oil flows in the Middle East to return to levels seen before the U.S.-Israeli war on Iran.
Ferrari’s first-ever EV model, which has triggered a flurry of criticism since its unveiling last month, needs to be “digested” before it can be understood, the company’s Chief Product Development Officer Gianmaria Fulgenzi said on Thursday.
Morgan Stanley was among the first Wall Street backers of Market Financial Solutions Ltd., lending credibility to the British private credit business before its boom and later collapse under $2.4 billion of debt, documents reviewed by Reuters show.
Dating app Bumble is exploring a sale amid slowing growth in the online dating sector, according to three people familiar with the matter.
The Nasdaq dropped on Thursday, dragged down by losses in Big Tech shares, while a shift into other sectors lifted the S&P 500 and the Dow.
JPMorgan Chase on Thursday shook up the race for the eventual successor to long-time CEO Jamie Dimon, elevating insiders Doug Petno and Troy Rohrbaugh to co-presidents while announcing the retirement of senior executive Marianne Lake, who had been widely seen by Wall Street as a top contender for the job.
Micron Technology edged past the market valuation of Meta Platforms and briefly Tesla’s for the first time on Thursday, after the memory chipmaker’s solid forecast helped extend its AI-driven ascent.
The U.S. Supreme Court reined in thousands of lawsuits pursued in state courts accusing Bayer of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer, handing a major legal victory on Thursday to the German company.
The ruling gives the president another boost to his hardline immigration approach.