Rivian Automotive faces a setback after a tornado damages its Illinois factory, impacting R2 production operations but leaving workers safe.

Apple names John Ternus as CEO as Tim Cook shifts to chairman, marking a major leadership transition amid growing AI and global challenges.

Meta hires key engineers from Mira Murati's $12B AI startup, highlighting an intensifying talent war as top firms compete for elite AI expertise.

California lawsuit accuses Amazon of pressuring brands to raise prices on rival sites, potentially limiting competition and driving higher costs for consumers.

Eli Lilly is reportedly nearing a $2 billion deal to acquire Kelonia Therapeutics, aiming to expand its cancer treatment portfolio with next-generation therapies.

HiPP recalls baby food jars after rat poison was found in samples, with authorities investigating suspected product tampering in Europe.

Uber Eats introduces instant refund returns with courier pickup, offering faster refunds for a fee and changing how online shoppers handle returns.

Elon Musk proposes a federal "universal high income" to address AI job losses, sparking debate among economists and tech leaders.

U.S. Customs launches a refund system for Trump-era tariffs ruled unconstitutional, allowing businesses to reclaim billions in import taxes.

Tesla Inc. shares surged more than 4.6% Friday, climbing to $407.02 midday as investors bet on accelerating progress in artificial intelligence, autonomous driving technology and upcoming product catalysts, even after the electric vehicle maker posted weaker-than-expected first-quarter deliveries.