A Patagonia store signage is seen on Greene Street on September 14, 2022 in New York City. Yvon Chouinard, founder of Patagonia, his spouse and two adult children announced that they will be giving away the ownership of their company which is worth about $3 billion. The company’s privately held …

The list of things that interest Elon Musk ranges from space travel to easing Los Angeles’ infamous traffic. One thing that doesn’t make the cut? Patents. The 50-year-old entrepreneur recently appeared on the CNBC’s “Jay Leno’s Garage” to give the former “Tonight Show” host a tour around the SpaceX Starbase …

Forget getting a deal; these days, anyone in the market for a new car could pay thousands over the sticker price before they drive off the lot. Limited inventory due to a persistent shortage of computer chips, along with other supply-chain challenges, helped propel new car prices up 10% from …

U.S. President Joe Biden harshly condemned Russia’s invasion of Ukraine on Wednesday, telling the United Nation’s General Assembly that the unprovoked war directly violated the organization’s charter, and warning of escalating nuclear threats by Russian President Vladimir Putin. “Let us speak plainly: a permanent member of the United Nations Security …

General Mills’ Cheerios for sale on a store shelf. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Wednesday. Freyr Battery — Shares of the electric vehicle battery maker shot up 17.6% after Morgan Stanley said the company’s price target was double where it is now. …

New York Attorney General Letitia James on Wednesday sued former President Donald Trump, the Trump Organization, three of his adult children, and others for allegedly widespread fraud involving false financial statements related to the company. The civil lawsuit filed in Manhattan Supreme Court seeks at least $250 million in damages, …

Polina Lebed | Istock | Getty Images In just a few weeks, tens of millions of Americans may be able to apply for student loan forgiveness. The U.S. Department of Education has said an application will be ready by “early October.” It said its application will be simple, but the federal …

Chairman and CEO of Charter Communications Tom Rutledge speaks at The New York Times DealBook Conference at Jazz at Lincoln Center on November 10, 2016 in New York City. Bryan Bedder | The New York Times | Getty Images Charter Communications Chief Executive Tom Rutledge will step down on Dec. …

Amazon Fire HD 8 Tablet. Amazon Amazon announced the latest versions of its Fire 8 tablets Wednesday. The four new models include the Fire HD 8 at $99, the Fire HD 8 Plus at $120, the Fire HD 8 Kids and the Fire HD 8 Kids for $150. The Fire …

Sales of previously owned homes fell 0.4% in August from July to a seasonally adjusted annualized rate of 4.80 million units, according to the National Association of Realtors. That is the slowest sales pace since June 2020, when activity stalled very briefly due to the start of the pandemic. Outside …