Photo of former Uber CEO Travis Kalanick

Former Uber CEO Kalanick Severs Ties With Ride-Hailing Giant

NEW YORK — Former Uber CEO Travis Kalanick is resigning from the board of directors, severing ties with the ride-hailing company that he co-founded a decade ago and ran until a series of scandals led to his downfall. “Uber has been a part of my life for the...
Photo of traders at the NYSE

S&P 500 Adds to Record as Health Care Stocks Climb

NEW YORK — U.S. stock indexes slinked higher Tuesday, and the S&P 500 added to its record after stronger-than-expected profit reports from drugmakers pushed health care stocks to big gains. The reports f...
Photo of Telsa logo

Tesla Raises Goal in Capital Hunt and Musk Doubles Down

DETROIT — Just one day after announcing plans to sell notes and stock to raise much-needed capital, Tesla boosted the size of its offering to as high as $2.7 billion on Friday. The Palo Alto, California, electric car and solar panel maker said it's increasi...
Phot of CEO Satya Nadella

Apple’s Stock Sours, Microsoft’s Soars. Say What?!

Wall Street investors are enamored with a newly emergent tech company. It has nothing to do with posting selfies or finding a soul mate. The company is instead making billions of dollars selling cloud-computing and other technical services to offices around...