In a sign that one of the developed world's most reluctant adopters of electric vehicles is finally shifting, there has been a noticeable increase in Teslas on Australian roads in recent months. 

As Walmart braces for a more challenging year ahead and steps up investment in automation, the big-box giant is laying off hundreds of employees at nationwide e-commerce facilities, according to a company statement Thursday.

On Wednesday, Carvana said it would offer to exchange as much as $1 billion of its unsecured bonds at discount prices in an effort to extend looming repayment deadlines, sending shares of the Phoenix-based e-commerce company up nearly 20%.

While the COVID-19 pandemic ended up being a cash cow for several pharma and biotech companies, Moderna Inc., on Monday, said it now expects to price its COVID-19 vaccine at around $130 per dose in the US going forward.

On Monday, Starbucks Corp. said it handed the reins to its incoming chief executive officer, Laxman Narasimhan, nearly two weeks earlier than expected.

On Friday, Baidu Inc. experienced a surge of over 14% after various brokerages, including Citigroup, tested the company's recently revealed ChatGPT-like service and granted it provisional approval.

T-Mobile, on Wednesday, confirmed it would buy Mint Mobile, the budget wireless provider backed by the "Deadpool" actor, for as much as $1.35 billion in a cash-and-stock deal.

On Tuesday, Google introduced features that will let users create text in Gmail and Docs using the company's AI technology as the company battles for dominance in the burgeoning field with rivals like Microsoft Corp and OpenAI.

Placing a significant bet on Seagan, Pfizer on Monday said it would pay $229 per share in a cash deal that values the biotech company at $43 billion and add innovative targeted therapies to its portfolio of cancer treatments.

In a plan to cut $2 billion in annual costs and preserve profits, General Motors Co. Thursday announced it will offer voluntary buyouts to most of its 58,000 US white-collar staff.

Sony Group Corp. laid out more concerns to the UK's antitrust watchdog about Microsoft Corp.'s planned acquisition of Activision Blizzard, now suggesting that Microsoft could kneecap (although unintentionally) the performance and quality of "Call of Duty" on PlayStation, with fans moving over to Xbox.

Longtime Apple bull and Wedbush analyst, Dan Ives, increased his price target on Apple stock from $180 to $190 and maintained his Outperform rating, noting Beijing rolling back the country's strict zero-Covid-19 lockdown policy earlier that month.

Salesforce, the global leader in CRM, has been toying with artificial intelligence software for years. Now, the software giant is jumping on the AI bandwagon as it joins chatbot pioneer Open AI to provide "generative" AI tools across its software business.

Snap Inc. shares rose sharply on Monday as lawmaker initiatives to ban TikTok appeared to be gaining momentum in the US.

Months after Amazon.com Inc. announced job cuts spanning more than 18,000 roles amid a sobering economic outlook, the e-commerce giant, on Friday, said it would push back the start of construction for the next phase of its Virginia headquarters.

Keurig Dr Pepper (NASDAQ:KDP) shares have been lagging behind for a while. Relative to rivals Pepsico and Coca Cola, the share price is underperforming, despite the results the company offers positive signs. We like to take a closer look at the stock to see what it has to offer.

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