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GM, Honda plan to co-develop affordable electric vehicles

General Motors and Honda are planning to co-develop some affordable electric vehicles that will use GM's next-generation Ultium battery technology. The vehicles, which will include a...

Elon Musk joins Twitter board after amassing massive stake

Elon Musk is joining Twitter's board of directors a day after revealing that he'd become the social media platform's largest shareholder with a 9% stake. The billionaire has criticiz...

Hertz to buy up to 65,000 electric vehicles from Polestar

Car rental company Hertz is planning to buy up to 65,000 electric vehicles from Swedish premium electric car maker Polestar over the next five years as it looks to boost its electric vehicle rental fl...

GameStop is surging again on first stock split in 15 years

Shares of GameStop surged Friday after the video game retailer announced that it would attempt its first stock split in 15 years. The Grapevine, Texas, company said in a regulatory ...

Media measuring company Nielsen to be acquired in $16B deal

Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a smaller offer earlier this month. Viewing data collected by Nie...

After years of rivalry, Uber puts NYC taxi cabs on its app

Uber, hit by driver shortages and a surge in food delivery requests during the pandemic, will list New York City taxi cabs on its app, a partnership that until recently would have been unthinkable wit...

Koch to continue running 2 glass facilities in Russia

Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian government. Koch's Guardia...

Lyft details fuel surcharge to help offset rising gas prices

Lyft will add a fuel surcharge of 55 cents to each ride given by drivers to offset surging gasoline prices. The company said earlier this week that it would be following DoorDash and...

Ford ramping up electric vehicles in Europe

Ford says it will have three new electric passenger vehicles and four new electric commercial vehicles in Europe by 2024, part of the automaker's continued push to grow its presence in the EV market. ...

As war in Ukraine intensifies, US gasoline hits record $4.17

The average price of gasoline in the U.S. hit a record $4.17 per gallon Tuesday as the country banned Russian oil imports after its invasion of Ukraine. The national average rose by...

Bed Bath & Beyond shares soar as Ryan Cohen takes huge stake

The investment firm of billionaire Ryan Cohen has taken a large stake in Bed Bath & Beyond and is recommending that the struggling retailer sell all or part of its business. RC V...

Microsoft closes on $16 billion acquisition of Nuance

Microsoft has closed on its approximately $16 billion acquisition of speech recognition company Nuance. The deal, which was announced last year, helps Microsoft Corp. get more entren...

Ford's fork in the road: EV, internal combustion are split

Ford will split its electric vehicle and internal combustion operations into two individual businesses to accelerate its adaptation of new technology and the Detroit automaker said Wednesday that its ...

TD Bank bids $13B for First Horizon in southeastern US push

Toronto-Dominion Bank is buying regional bank First Horizon in a $13.4 billion all-cash deal, its biggest ever, hoping to broaden its footprint in the southeastern U.S. The deal woul...

Home Depot sales remain strong in 4th quarter

Home Depot saw its sales remain strong in its fourth quarter as it continues to benefit from a sizzling housing market. Sales for the three months ended Jan. 30 rose to $35.72 billio...