Tesla beat analysts' first-quarter earnings expectations Wednesday as it continued to ramp up sales of its electric sedans and prepared the for the launch of its new electric crossover.
Zynga Inc. founder Mark Pincus is cutting 18 percent of the casual-games company's work force, less than a month after retaking the reins as chief executive officer.
Private employers in the United States added in April the smallest monthly number of workers in more than a year. And, in another report, the Labor Department found that nonfarm productivity fell in the first quarter as harsh winter weather depressed output.
(Reuters) - U.S. stocks ended weaker on Wednesday after U.S. Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout.
Microsoft Corp. is evaluating a bid for Salesforce.com Inc, after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said.