The CEO is shifting the EV maker’s strategy and suggesting that he could take his ideas on AI elsewhere.

China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.

Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for the entertainment giant.

The deal comes after their prior licensing contract expired, prompting Universal to pull all of its artists’ songs off TikTok at the beginning of February.

The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.

The fitness-equipment maker has warned of cash-flow issues and continued losses amid a decline in paying subscribers and a recall.