Palo Alto

The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the biggest stock offering from a technology company since Uber’s debut last year.

Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A combination of two of the biggest players in the industry would allow Schwab to save billions of...

HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox.

Walmart sued Tesla for “gross negligence” on Tuesday, saying that the electric car company’s energy division installed solar panels that went up in flames on its store rooftops. The retailer said fires broke out at seven store rooftops between 2012 and 2018, causing millions of dollars in damage. One location in Ohio had to be closed for eight days, Walmart...

Tesla lost $408 million in its latest quarter as it struggles to prove it can make money selling electric cars at mass-market prices. “We have to make cars more affordable,” Musk conceded.

Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills.

Once the darling of Silicon Valley, Elizabeth Holmes, founder of failed startup Theranos, was in court Monday, now a suspected felon.

At long last, the $35,000 Tesla Model 3 is a reality. After teasing “news” on Twitter, Tesla CEO Elon Musk has delivered the lowest-price Tesla yet. Scott Budman reports.

A furious rant by a woman trying to shame a Trump supporter at a Palo Alto coffee shop was posted online and went viral this week, and now the woman at the center of the rant and post has lost her job.

Tesla is unveiling its newest vehicle, the Model Y, an SUV that the automaker hopes will win over consumers looking for an all-electric alternative in the most popular segment of the auto market. CEO Elon Musk was to introduce the Model Y Thursday night at a gathering of customers, employees and media.

Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla’s cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive.

A woman arrived just after sunrise at the Mexican entrance to the busiest border crossing into the U.S. and was quickly surrounded by nearly 100 migrants. She opened a tattered, hardcover notebook bound with silver duct tape and began shouting out numbers from a handwritten list.

The once-heralded blood-testing startup Theranos is shutting down, according to a media report. Theranos was unable to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5 million in the upcoming months, according to an email The Wall Street Journal obtained that CEO David Taylor sent to shareholders. The announcement comes nearly three months...

Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed deal. Almost everything about the deal is outlandish, from Musk’s out-of-the-blue disclosure in a nine-word tweet to the assertion that...

A Tesla that crashed while in Autopilot mode in Utah this month accelerated in the seconds before it smashed into a stopped firetruck, according to a police report obtained by The Associated Press. Two people were injured. Data from the Model S electric vehicle show it picked up speed for 3.5 seconds before crashing into the firetruck in suburban Salt...

A Tesla sedan with a semi-autonomous Autopilot feature has rear-ended a fire department truck at 60 mph (97 kph) apparently without braking before impact, but police say it’s unknown if the Autopilot feature was engaged. The cause of the Friday evening crash, involving a Tesla Model S and a fire department mechanic truck stopped at a red light, was under...

Blood testing startup Theranos has laid off most of its remaining workforce, leaving only two dozen or fewer employees, The Wall Street Journal reported. Company founder and CEO Elizabeth Holmes announced the layoffs at an all-employee meeting at Theranos’ offices in Palo Alto, California, on Tuesday. Holmes was charged with massive fraud in March for claiming that Theranos had developed...

A controversy emerged at Palo Alto High School this week over the artwork of a famous alum, actor James Franco.

The first Tesla Model 3 electric car for the masses should come off the assembly line on Friday with the first deliveries in late July, the company’s CEO says. CEO Elon Musk, in several Twitter messages early Monday, says the new car passed all government regulatory requirements for production to begin two weeks ahead of schedule. The company plans to...

For Tesla, everything is riding on the Model 3. The electric car company’s newest vehicle went to its first 30 customers Friday evening. Its $35,000 starting price — half the cost of Tesla’s previous models — and 215-mile range could bring hundreds of thousands of customers into the automaker’s fold, taking it from a niche luxury brand to the mainstream.