ORGANIZATION

Lyft Inc. stock plunged 26% on Tuesday after the ride hail company said it would have to spend more heavily to attract drivers and forecast operating earnings less than a quarter of Wall Street targets, reflecting the added costs.

Elon Musk, who has agreed to take Twitter Inc. private in a $44 billion deal, has told potential investors he could return the social-media company to public ownership after just a few years.

Lyft Inc. said it would invest in the current quarter to ensure adequate driver supply and grow its ride-hailing platform, spooking investors as the spending weighs on operating profit.

Starbucks reported record quarterly sales for 1Q 2022, but higher costs put a dent in profits.

Companies and government accounts on Twitter may have to pay a slight fee to stay on the social media platform in the future, but the service will always be free for “casual users,” Tesla CEO Elon Musk, whose $44 billion bid for Twitter was accepted last week, tweeted on Tuesday evening.

Starbucks CEO Howard Schultz is leading a new push to beat back the unions.

Elon Musk on Tuesday called for an investigation into groups urging major corporate brands to draw a line in the sand with Twitter over potential changes to the social media giant once the Tesla CEO takes control of the platform.

Former Parler CEO John Matze unpacks Twitter’s potential under Musk’s leadership.

Microsoft co-founder Bill Gates also said that the digital realm has "facilitated kind of interesting but wrong ideas spreading very quickly."

Starting June 3, Landline will be transporting customers from regional airports in Allentown/Bethlehem, Pennsylvania, and Atlantic City, New Jersey, to the carrier’s Philadelphia hub.

The move comes about two months after Amazon announced plans to shutter its physical bookstores, Pop Up stores and 4-star stores.

Rocket Lab caught the falling booster of its Electron rocket on Monday with a Sikorsky S-92 helicopter before dropping it in the Pacific Ocean. The crew was forced to let it go for safety reasons.

Elon Musk has arrived at the 2022 Met Gala. The Tesla CEO brought his mom Maye as his date. The 50-year-old world's richest man also shared his vision for Twitter.

The S&P 500 just suffered its worst April performance since 1970, plunging into its second correction of the year — now, many experts are lowering their projection for the index this year.

FCC Commissioner Nathan Simington on Monday slapped down the notion that stopping Tesla CEO Elon Musk from acquiring Twitter was within the power of his agency.

Customers looking to use the Ford F-150 Lightning electric pickup truck to charge their homes in the event of an outage will pay a hefty price tag.

SomeApple employees are pushing back against the company’s plans to have employees come back to the office, saying such policies will make the tech giant “younger, whiter, (and) more male-dominated.”

GM CEO Mary Barra told the Milken Institute Global Conference that experience working on the Pontiac Grand Prix assembly line in a co-op program has informed her job today.

Nehls sent letters to House Speaker Nancy Pelosi and Transportation Secretary Pete Buttigieg regarding the restricted airspace that was given to Disney via a 2003 law.

The Jacksonville Jaguars made Travon Walker their No. 1 draft choice on Thursday.