Arkansas Attorney General Leslie Rutledge said Tuesday that Google wields an “incredible amount of power” and that’s why 50 state attorneys general have launched an antitrust investigation. “Google has such a vast control over digital advertising in particular and...
The U.S. housing finance system is worse off today than it was on the cusp of the 2008 financial crisis, Republican lawmakers and Trump administration officials warned on Tuesday. Fannie Mae and Freddie Mac, the two government-controlled enterprises that...
Elon Musk has been talking about building a Tesla pickup truck since late 2017, when he showed a mock-up of a novel cab-over type of pickup that is seemingly based on the Tesla Semi Truck, and, at least in the one rendering...
Drilling into the seafloor off Mexico, scientists have extracted a unique geologic record of the single worst day in the history of life on Earth, when a city-sized asteroid smashed into the planet 65 million years ago, wiping out the dinosaurs and...
Jack Ma stepped down as Alibaba’s chairman today, handing the role over to the company’s current CEO Daniel Zhang. The transition was announced a year ago. Ma will continue serving on Alibaba’s board until its annual general shareholders’ meeting...
The expression “go big or go home” doesn’t equate to the possible “go big and go home.” That’s what Elliott Management seemed to be suggesting in its announcement Monday that it’s taken a $3.2 billion stake in telecommunications giant...
Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said. It will also likely add Citi, Goldman Sachs, HSBC...
U.S. prosecutors have charged a Chinese professor with fraud for allegedly taking technology from a California company to benefit Huawei, in another shot at the embattled Chinese telecommunications equipment maker. Bo Mao was arrested in Texas Aug. 14 and...
Pilots at British Airways are conducting a 48 hour strike over pay. That has results in the cancellation of almost all flights. In a statement Monday, the airline said it had “no way of predicting how...
Today Mars is a cold, arid desert. But billions of years ago, it could have been a lush planet covered in surface water, not so different from Earth. The big difference between then and now is the Martian atmosphere, which is now...
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