Steven Roth says "tax the rich" can be just as hateful as racial slurs, escalating the rift between NYC's wealthiest leaders and Mayor Zohran Mamdani.

Tesla is recalling more than 218,000 vehicles due to delayed rearview camera images that could increase the risk of a crash, according to the NHTSA.

The FDA for the first time authorized non-tobacco-flavored vaping products, approving fruit-flavored e-cigarette pods made by Los Angeles-based Glas Inc.

Citadel threatens to halt its $6 billion Midtown Manhattan headquarters project after Mayor Zohran Mamdani singled out founder Ken Griffin in a luxury property tax proposal.

Mark Zuckerberg says Meta's plan to cut about 10% of its workforce is tied to increased AI investment, while leaving the door open to additional layoffs.

Apple CEO Tim Cook says three factors drove his decision to step down: the company's remarkable performance, its roadmap and the readiness of successor John Ternus.

Elon Musk said he felt like a "fool" for backing OpenAI, accusing Sam Altman of abandoning the nonprofit's original mission in favor of a profit-driven model.

Elon Musk’s legal battle against OpenAI begins with sharp accusations, as his attorney claims Sam Altman turned a nonprofit into a profit-driven empire.

GOP Rep. Thomas Massie of Kentucky indicated that as far as he knows, entrepreneur Elon Musk has not donated to his re-election campaign.

Former Apple CEO John Sculley says OpenAI is the biggest competitive threat Apple has faced in years, as both companies reportedly race to develop AI-powered wearable devices.

United CEO Scott Kirby says his vision for a merger with American Airlines would have added jobs and routes, but the rival declined to engage on a deal.

Elon Musk's lawsuit alleging OpenAI violated its nonprofit mission heads to trial as jury selection begins in a federal court in Oakland, California.

Business titans are betting hundreds of billions of dollars on AI infrastructure and data centers as the nation enters the so-called Fourth Industrial Revolution.

As AI spending booms, Meta announces 8,000 layoffs while Microsoft offers voluntary retirement to thousands of employees amid tech reductions.

American Airlines CEO Robert Isom rejected a potential United Airlines merger as anti-competitive and bad for customers during an earnings call. 

Best Buy appoints veteran Jason Bonfig as CEO, replacing Corie Barry during a period of retail transformation and evolving consumer demand.

John Ternus, Apple's senior vice president of hardware engineering, will become CEO on Sept. 1 as Tim Cook transitions to executive chairman after 15 years leading the company.

Analyst Dan Ives says Tim Cook's exit as Apple CEO raises questions amid the company's major AI strategy push, calling the timing a surprise move.

Apple says Tim Cook will step down as CEO and transition to chairman as John Ternus prepares to take over in a planned leadership shakeup this summer.