Business

Chipmaking giant Nvidia is betting big on artificial intelligence being the key to reshoring manufacturing in the United States, and its CEO is confident a first-of-its-kind facility in North Texas will play a vital role in that mission.

Rivian said it's laying off hundreds of employees, or less than 2% of its workforce, as part of restructuring efforts aimed at making the company profitable for the first time.

The American mall was once considered a dying relic of the pre-internet era, battered by e-commerce, shifting consumer habits and the collapse of traditional department stores.

U.S. stock indexes lost some ground on Wednesday, after the Federal Reserve left interest rates unchanged, as expected, but signaled a rate hike later this year after the first meeting led by new Fed Chair Kevin Warsh.

General Motors Co. is teaming up with Lockheed Martin as the top U.S. defense manufacturer works to triple or quadruple production in the next several years. No specific projects or contracts have been finalized yet, officials from subsidiary GM Defense and Lockheed told reporters before announcing the formal partnership Tuesday at The Department at Hudson's during the Reindustrialize summit. ...

Uber and Lyft charge different prices for the same routes booked at roughly the same time, says a leading consumer group. An investigation by Consumer Reports found that fares on the same route varied by as much as 163% in price in a way that goes beyond dynamic pricing, which is when fares fluctuate based on supply, demand and other market conditions. Consumer Reports tested 30 routes across ...

When SpaceX, Elon Musk’s rocket and artificial intelligence company, began trading on the stock market last week, he became the world’s first trillionaire.

Snap on Tuesday launched its first augmented-reality glasses for consumers at a hefty price of $2,195, pitching the device as the future of how people interact with technology in the AI age.

Yum! Brands Inc. is selling its struggling Pizza Hut division for $2.7 billion, allowing the restaurant operator to focus on its better-performing KFC and Taco Bell chains.

The freebies competition is heating up among US wireless carriers. On Tuesday, Verizon Communications Inc. announced it’s launching a simplified wireless service plan while also introducing a new loyalty rewards program, which will offer free and discounted deals to existing customers.

Robinhood said on Tuesday it would cut 10% of its full-time workforce, or about 290 roles, as the trading platform seeks to operate more efficiently by flattening ​organizational layers.

Nathan and Stephanie Hansen each read 60 to 100 books every year.

The U.S. residential solar industry is cratering after President Donald Trump eliminated a key tax credit for homeowners to install solar panels last year — and it’s dragging down residential battery additions, according to a new BloombergNEF report. The U.S. is expected to add 4.1 gigawatts of residential solar in 2026, down 15% from 2025, according to a BloombergNEF projection. That would ...

Fox Corporation has agreed to acquire the streaming platform Roku Inc. in a deal valued at $22 billion, the companies announced Monday.

A startup-style company developing a greener way to produce jet fuel using carbon dioxide, water and renewable electricity has fired up its first commercial production plant.

U.S. homebuilder sentiment fell in June, weighed down by higher mortgage rates and costs for construction materials, a survey showed on Monday.

Nvidia will raise $20 billion through a U.S. bond issuance, a source told Reuters on Monday, tapping the debt market to ​fund the massive capital requirements to produce cutting-edge AI chips.