When Tesla Inc. (NASDAQ: TSLA) officially joined the S&P 500 on December 21, the shares opened their first day at just over $666 a share, after closing the previous session at $695. A day later, the stock tumbled to its post-S&P 500 listing low of around $640. At Tuesday’s opening bell, the electric vehicle maker’s stock traded at $662, below […]

This story is part of the Behind the Desk series, where CNBC Make It gets personal with successful business executives to find out everything from how they got to where they are to what makes them get out of bed in the morning to their daily routines. Jeff Immelt admits his 16-year run as CEO at General Electric was at […]

Furniture upholstery is an estimated $1 billion market in the U.S., employing roughly 30,000 people. Matthew Nafranowicz, a master craftsman, started doing upholstery work more than two decades ago. He told Insider the steps he took to grow his business from an incubator to a storefront workshop. Visit the Business section of Insider for more stories. As a biology student […]

New York (CNN Business)Dallas resident DeAndre Upshaw said it was “very shocking” when he opened his latest electricity bill. “While I’m trying to get gas and groceries and make sure that my pipes don’t explode, the last thing I’m thinking about is a $7,000 bill from my utility company,” Upshaw told CNN’s Fredricka Whitfield via Skype Saturday. As Texas struggles […]

The IRS said all taxpayers in Texas, which has been battered by frigid temperatures and winter storms, will get until June 15 to file their returns and pay any amounts owed. The agency said that other areas that get a disaster declaration due to winter storms also will automatically get the extension. Some taxpayers are getting more time to file […]

"When you google my story, you see Denny's waitress built billion-dollar empire, you see the highlight reel," says Jamie Kern Lima, the founder IT Cosmetics. Those parts are true: In college Kern Lima worked at Denny's, and in 2008, she and her husband both quit their jobs (Kern Lima was a local news anchor at the time) and started a […]

(Reuters) – The Nasdaq index fell more than 2% on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, while keeping a close eye on Federal Reserve Chairman Jerome Powell’s testimony in Congress.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 16, 2021. REUTERS/Brendan McDermidShares of Netflix Inc, […]