German automaker Volkswagen  is investing about $1 billion in China for electric car development, and releasing a vehicle targeted at a higher end of the market. The company announced at the Shanghai auto show this week it is investing around 1 billion euros (about $1.1 billion) in an electric ...

Tesla  — Shares slid 3.6% after the electric vehicle maker said income and GAAP earnings tumbled more than 20% from the same quarter a year ago. Adjusted earnings per share were in line with Refinitiv’s consensus estimate, while revenue was ahead of expectations at $23.33 billion compared w...

As an airman 1st class, 21-year-old Teixeira held one of the lowest petty officer ranks in the US Air Force.  But his role as a Cyber Transport Systems Journeyman (CTSJ) and IT specialist meant he could have been granted a higher security clearance in spite of his entry-level rank.  The Ai...

Crypto companies told CNBC they want clarity around rules and are pushing governments to come up with frameworks for them to operate. In the U.S., the Securities and Exchange Commission has used existing securities rules to target cryptocurrency firms. Griffith said that the U.K.’s regulatory appr...

Shares in regional bank stocks have stabilized recently, but analysts say both technical and fundamental factors make it too soon to call a bottom in the sector. The collapses of Silicon Valley Bank and Signature Bank sparked turmoil throughout the regional bank sector in March, necessitating govern...