American Airlines said on Tuesday that it is slashing its second-quarter profit outlook and that its Chief Commercial Officer Vasu Raja will step down in June, prompting shares of the carrier to plummet by more than 7% in after-hours trading.

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The battle for bargain hunting consumers continues — and Amazon Fresh is joining the ranks.

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OpenAI founder and CEO Sam Altman is the latest billionaire to promise that he’ll give away the majority of his wealth. The Giving Pledge, a philanthropy gesture begun by Bill Gates and Warren Buffet in 2010, asks that signatories “publicly commit to give the majority of their wealth to philanthropy either during…

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After it transpired that Tesla was buying advertising to try and convince shareholders to back its massive new pay package for boss Elon Musk, investors are now being urged to vote down the $56 billion pay by an external advisory firm.

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A recent study found that Tesla vehicle batteries degrade at a faster rate than the manufacturer’s warranty assures. Recurrent discovered that the range plummeted to 64% of the EPA-rated range after three years after combing data from 12,198 Tesla Model 3 and Model Y vehicles. While the information illustrates how…

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After rising to over $70,000 on Monday, the price of Bitcoin dropped below $68,000 Tuesday morning as the now-defunct Bitcoin exchange Mt. Gox transferred more than $9 billion worth of Bitcoin to an unknown wallet, possibly to repay its creditors.

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Melinda French Gates has a plan for how she plans to spend her next $1 billion. Writing in the New York Times, she says that she will be using the money to “on behalf of women and families around the world, including on reproductive rights in the United States,” and that she expects to spend that much money towards…

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As China’s artificial intelligence ambitions absorb a blow from U.S. sanctions, the nation is doubling down on its chipmaking efforts with its latest semiconductor investment fund worth nearly $50 billion.

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ExxonMobil is suing some of its own shareholders because they asked it to take a stronger stance on climate change, and CEO Darren Woodsis upset that some people don’t like that. Writing in The Financial Times on Tuesday, he called out CalPERS, California’s state pension fund and the nation’s largest, for opposing…

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The tech-heavy Nasdaq climbed above 17,000 points Tuesday morning as AI stock Nvidia continued to rise. With this move, the index has made a record for the third consecutive week.

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