Tesla Delays Cybertruck Deliveries, Leaving Buyers Confused

The pause is the latest issue for the carmaker, which recently announced job cuts....

Louis Vuitton Owner LVMH Posts Lower Revenue Amid Luxury Slowdown

Revenue for the first three months of the year came in at €20.69 billion, down 2%....

Adidas Raises Annual Profit Forecast

Adidas raised its revenue and profit expectations after a better-than-anticipated first quarter....

UnitedHealth Stock Jumps After Earnings Beat Expectations, Despite Cyberattack

The healthcare and insurance company expects the attack to hit its full-year earnings....

Are Battery-Powered Home Appliances in Our Future?

Appliances with batteries are designed to keep working when the power goes off. Some researchers believe they also could help prop up the electrical grid....

Planet Fitness Taps Colleen Keating as New CEO

The fitness center franchiser and operator said Keating succeeds Craig Benson, who was serving as chief executive on an interim basis....

Baidu Says Ernie AI Chatbot Now Has 200 Million Users

The number of users of Baidu’s Ernie Bot, China’s most popular ChatGPT-style chatbot, has doubled in recent months to more than 200 million, according to the company....

Dr. Martens Shares Tumble as Bootmaker Warns of Tough Year

Dr. Martens shares plummeted after the iconic British footwear and clothing brand said Chief Executive Officer Kenny Wilson plans to step down and warned of a challenging year ahead....

International Paper Buys DS Smith in All-Share Deal

International Paper has agreed to buy London-listed peer DS Smith for roughly $7.2 billion in an all-share deal, outgunning a rival bid from Mondi to form a global packaging leader....

Beiersdorf Lifts Guidance After Strong Nivea Sales

Beiersdorf upgraded its full-year sales expectations after reporting a 10% revenue rise in its core consumer business in the first quarter....