CarMax Sales Rise as Turnaround Efforts Take Hold

CarMax's fiscal first-quarter sales climbed as the used-car retailer sold more vehicles and said its turnaround strategy appears to be taking hold.

Elon Musk Is Unleashing SpaceX's New War Chest to Solve His AI Problem

Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity will give the company a launchpad to land more enterprise customers.

Europe's Biggest Banking Deal in Years Is Getting Closer