Just over a week after deciding to sell menswear label Bonobos, Walmart Inc. is now selling plus-size fashion brand Eloquii Inc., highlighting an aim to increase margins by focusing more tightly and focusing on alternate revenue sources.   In its statement on Friday, the buyer, FullBeauty...

Ford Motor Co. needs to reinvent its brand for the world's largest auto market as it deals with a booming and very competitive market for electric vehicles (EVs) in China, according to Chief Executive Jim Farley.   "We're going to have to rethink what the Ford brand means in a place like...

Experts claimed on Thursday that the stunning explosion of SpaceX's new Starship rocket, which occurred minutes after it took off on its first flight test, is the most recent striking example of a "successful failure" business strategy that benefits Elon Musk's company.   Experts claimed...

Elon Musk, the CEO of Tesla Inc., said on Wednesday that his company would emphasize sales growth over profit in a slowing economy, continuing the pricing war he started at the end of last year.   The company, which aggressively cut prices in places like the US and China to boost demand and...

Another round of layoffs at Meta Platforms Inc. affected engineers and related tech teams as CEO Mark Zuckerberg continued to restructure the company in an effort to make 2023 a "year of efficiency."   The second round of mass layoffs at Meta, which it estimated would affect 10,000...

Despite providing a weaker-than-anticipated outlook on Tuesday, Netflix Inc. topped Wall Street earnings projections for the first quarter, highlighting the difficulties the seasoned streaming service confronts in pursuing growth.   The business claimed it delayed some financial gains by...

Tesla Inc. reduced pricing for certain of its Model Y and Model 3 electric vehicles in the United States, according to information posted on its website late on Tuesday. This is the sixth time this year that Tesla Inc. has done so in the United States due to worries about the impact on its profit...

After learning over the weekend that a performance incentive had been reduced, employees from Tesla's Shanghai factory have taken the unprecedented step of posting on social media to appeal to Elon Musk and the Chinese public.   Here are some important details concerning Tesla's business in...

Following a wave of price reductions by rival Tesla Inc., the French automaker Renault is revisiting its global pricing strategies for electric vehicles to guarantee it maintains its competitive position, a top executive announced on Monday.   After multiple price reductions in the US, Tesla...

Consumer response to the debut of Swed House, a Belarusian furniture company that sells goods meant to resemble those produced by Swedish giant IKEA, in Moscow was divided on Saturday.   IKEA, along with a large number of other Western corporations, immediately ceased all retail and...

Due to the sudden failure of two U.S. regional banks in March, consumers moved their money to larger lenders, which led to a rise in deposits for JPMorgan Chase & Co.   According to the largest U.S. lender's first-quarter earnings report, deposits increased by $50 billion at the end of...