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Tesla’s robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as…
Investing

McDonald’s Snack Wrap is officially returning. Here’s when.

Snacktime is nigh at the Golden Arches. On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants…
Investing

Peloton launching resale market for used bikes, treadmills

Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many…
Investing

Byron Allen puts broadcast TV stations up for sale

Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank…
Investing

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who…
Investing

U.S. foreign tax bill sends jitters across Wall Street

While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax…
Investing

E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as…
Investing

Nvidia results spark global chip rally

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia…
Investing

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO…
Investing

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said…
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