Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia's Public Investment Fund.

E.l.f. Beauty, which acquired Hailey Bieber's beauty brand Rhode earlier this year, expects the brand to increase annual run rate revenue by $300 million.

CEO criticises western ‘cynicism’ while Beijing loosens regulations and cuts energy costs for data centres

The shape of economic growth this year highlights the widening gap between wealthy Americans and everyone else, economists say.

The company’s chief executive cited an industrywide traffic decline from lower-earning consumers as traffic from wealthier customers grew.

Tesla shareholders could soon give CEO Elon Musk, already the wealthiest person on the planet, the chance to become the world’s first trillionaire – or risk him walking away entirely.

“This is a hard lesson for us all.”…

The management team that took over First brands as well as debtors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO...

The coffee chain’s US employees began unionizing four years ago and are still trying to secure a contract.

I ate at two Pizza Hut locations to see why the chain is struggling so much that its parent company, Yum! Brands, is considering selling it.

Google engineers think they already have all the pieces needed to build a data center in orbit.

Pinterest stock sank late Tuesday after the social media company reported third-quarter earnings below expectations.

See how the green (and red!) aprons worn by Starbucks baristas were the inspiration behind this year’s holiday cup designs.

A new California law enhanced privacy for consumers nationwide by providing browser settings to block the sale of personal data

Better than expected figures come a week after Federal Reserve cut interest rates

Qualcomm offers an annual dividend yield of 2.06%, which is $3.56 a year. Investors can pocket a regular $500 monthly. Here's how.

Toyota is recalling more than a million vehicles in the U.S. due to a rearview camera problem that could increase the risks of a crash.

Dr. George Tidmarsh, who had served as the Food and Drug Administration's top drug regulator since July, just quit amid an investigation and new lawsuit filing.

Wall Street expects tech stocks to take a hammering this morning—again.

We are in an AI Bubble: the big question is if this bubble will worth it for the physical infrastructure and coordinated innovation that result?

A sharp post-earnings sell-off makes the burrito chain look tempting. But should you give in or resist the temptation?