Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network.

The company’s Medicare business, hit by higher medical costs, pushed down CVS’s first-quarter earnings.

The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump. 

Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.

The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.

Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.