More than 150 miles of electrical power lines damaged by the Palisades and Eaton fires in Malibu and Altadena are slated to be replaced with underground lines, Southern California Edison announced Friday. The years-long project would reduce the future risk…
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by President Trump’s auto tariffs and Elon Musk’s deteriorating reputation. Wedbush Securities analyst Dan Ives cut his…
Companies could — and already have — started raising prices on Americans in response to President Donald Trump’s latest slew of tariffs. While firms raise prices for many reasons, some were blaming hikes on tariffs long before Trump’s so-called “Liberation…
Amazon CEO Andy Jassy wants to reduce management layers and bureaucracy. He told employees that building a giant team and fiefdom wouldn’t help them get promoted. He also encouraged staff to act like owners and stay aware of industry competition.…
An opt-in Alexa feature called ‘Do Not Send Voice Records’ stops requests from being sent to the company. It will soon be removed from Echo devices, Amazon confirmed to USA TODAY. Amazon is planning to remove a privacy setting on…
Tesla stock is barreling toward a ninth-straight weekly drop, falling another 5% on Tuesday. Shares have now plummeted 53% from record highs reached in mid-December. There are two new factors behind the Tesla sell-off, and two evergreen issues weighing on…