Nintendo faces a lawsuit accusing the company of keeping Trump tariff refunds instead of repaying consumers affected by Switch price hikes.

NEW YORK — Starbucks Corp. shares slipped in midday trading Tuesday, falling 1.62% to $97.35 as investors grew cautious ahead of the coffee giant's fiscal second-quarter 2026 earnings report scheduled for April 28, with concerns over slowing same-store sales growth and ongoing challenges in China weighing on sentiment.

SpaceX plans to acquire AI startup Cursor for $50 billion, aiming to enhance its software division and compete with industry rivals. The deal highlights Musk's commitment to advancing AI technology.

President Donald Trump's nominee to be the next chair of the Federal Reserve, Kevin Warsh, said in his confirmation hearing Tuesday that the central bank will remain "strictly independent" and rejected he will be the president's "sock puppet."

The Lufthansa Group has announced that it will be slashing 20,000 short-haul flights as the jet fuel crisis continues.

Donald Trump's new psychedelics order aims to speed research but raises concerns about slow federal drug policy progress and delays.

Tesla has reached a settlement in a Florida wrongful death case tied to a 2018 crash involving a disputed speed limiter feature and teenage fatalities.

Elon Musk has been summoned in Paris for a voluntary interview as French investigators probe allegations involving X, including deepfakes, illegal content, and possible platform misuse.

Rivian Automotive faces a setback after a tornado damages its Illinois factory, impacting R2 production operations but leaving workers safe.

Apple names John Ternus as CEO as Tim Cook shifts to chairman, marking a major leadership transition amid growing AI and global challenges.