Tesla Inc. is being sued for more than $2 billion by electric-hydrogen truck startup Nikola Motor Co., which is claiming its patents were infringed.
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Apple staved off recent concerns about the future of its iPhone business with a quarter of solid sales. Above, an Apple store in San Francisco.
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Storied guitar-maker Gibson Brands Inc., whose customers have included B.B. King, Chuck Berry and Jimmy Page, filed for bankruptcy protection Tuesday with a deal to hand control of the company, which has struggled with its debt load after a series of …
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He also advises accountants to keep an eye out for pay equity laws that are being proposed or enacted in some places such as Massachusetts, where it takes effect in July. “There are a lot of pay equity bills that are starting to flood the state legislatures, looking for pay transparency and equity between
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Boeing Co. is signaling it won't take on extra baggage in its pursuit of a bigger services division, but it will still have to pay up to build one. The planemaker announced early Tuesday that it would acquire KLX Inc. for $63 a share, or about $4.25 billion including debt. The catch is that Boeing is only buying
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