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business news

Alibaba shares tumble after Daniel Zhang unexpectedly quits cloud business

by Claribel Alegria

Alibaba CEO Daniel Zhang Yong speaks during the launching ceremony of Alibaba Rural Vitalization Fund on May 17, 2021 in Lanzhou, Gansu Province of China. Vcg | Visual China Group …

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Tesla shares close down 5% after price cuts, Model 3 refresh

by Francesco Algarotti

A Tesla Model 3 vehicle on an auto carrier in front of a store in Rocklin, California, July 21, 2021. David Paul Morris | Bloomberg | Getty Images Tesla shares …

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8 easy — and cheap — ways to cut your carbon emissions

by Lotfi Akalay

Artistgndphotography | E+ | Getty Images Most Americans see climate change as a major threat. But income level seems to guide one’s willingness or ability to live a greener lifestyle. …

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How to check if expired tests still work as cases rise

by James Agee

In this photo illustration, Abbott’s at-home covid-19 rapid test kits are seen on display in Orlando. Paul Hennessy | LightRocket | Getty Images As Covid cases surge again in the …

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Finance minister Nirmala Sitharaman: External debt-service ratio within comfort zone

by Adam Aitken

NEW DELHI: India’s external debt of $624.7 billion at March-end 2023 with a debt-service ratio of 5.3% is within the comfort zone and modest from a cross-country perspective, FM Nirmala …

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Cruise disputes claim that its autonomous vehicle delayed first responders

by Francesco Algarotti

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco. Heather Somerville | Reuters The company Cruise is pushing back …

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Instacart aiming for valuation of $8.6 billion to $9.3 billion in IPO: reports

by Claribel Alegria

InstaCart employees fulfill orders for delivery Patrick T. Fallon | Bloomberg | Getty Images The grocery delivery company Instacart is aiming to go public at a valuation between $8.6 billion …

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BMW, Mercedes launch biggest electric vehicle push yet to catch Tesla

by Francesco Algarotti

BMW took the wraps of the Vision Neue Klasse electric vehicle at the IAA motor show in Munich, Germany. It underpins BMW’s big push into electric vehicles. BMW MUNICH, Germany …

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How Taylor Swift could change the movie theater industry

by Adam Aitken

Taylor Swift pauses between songs during her first sold-out concert of three nights at AT&T Stadium in Arlington, Texas, in March. Fort Worth Star-telegram | Tribune News Service | Getty …

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With economy holding up, why is the market so down on America’s banks?

by Betti Alver

Regional banking stocks are on pace for their worst year back to 2006, with the long tail of the SVB collapse. But bank stocks had been in rally mode since …

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