Business

Inflation wave extends to e-commerce: Adobe

After years of reliably falling prices, e-commerce goods are becoming more costly amid the upheaval of the COVID-19 pandemic, said a report released Thursday by Adobe.

Business

Musk sells more shares than he needs to pay current tax bill

Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he's either converting part of his fortune from stock to cash, or he's saving for bigger tax bills that will come due next ...

Business

JP Morgan sues Tesla for $162 mn over share warrants

JP Morgan Chase has sued Tesla for $162 million over a stock warrants contract, accusing the company of "flagrantly" ignoring its obligation to pay the investment bank after the electric carmaker's shares soared.

Business

Tesla shares fall after Musk's 'soap opera' Twitter poll

Tesla's share price plunged Monday in the latest controversy sparked by CEO Elon Musk, who was facing criticism for letting his Twitter followers decide whether he should sell billions in company stock.

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