Exxon third-quarter profit beats expectations despite Harvey Dent Exxons third-quarter profit beats expectations despite Harvey dent: Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, posted a higher-than-expected quarterly profit on Friday as higher crude and natural gas prices more than offset the effects of a major hurricane on […]
Toyota scrambles to ready game-changer EV battery for mass market Toyota scrambles to ready game-changer EV battery for mass market: All solid-state battery technology is a next-generation, high-capacity energy storage device that improves on today’s lithium-ion batteries, replacing the liquid or gel-form electrolyte with a solid, conductive material. Among other […]
U.S. wants to remove unnecessary barriers to self-driving vehicles U.S. wants to remove unnecessary barriers to self-driving vehicles: The auto safety agency said in a report that it wants to find any “unnecessary regulatory barriers” to self-driving cars “particularly those that are not equipped with controls for a human driver.” […]
Tesla cuts Model 3 part orders to Taiwan supplier Hota Tesla cuts Model 3 part orders to Taiwan supplier Hota: Luxury electric carmaker Tesla (TSLA.O) plans to slash by 40 percent its orders for parts for the new Model 3 mass-market sedan from Taiwanese auto component maker Hota Industrial Mfg. […]
As Trump tax comes to floor failure could spell stocks selloff As Trump tax comes to floor, failure could spell stocks selloff: The benchmark S&P 500 .SPX is up nearly 6 percent from its August lows as the Trump administration has rolled out its tax reform proposal, which would cut […]
Wall St. powered higher by tech Amazon results Wall St. powered higher by tech, Amazon results: The S&P technology index led the way higher, up 2.91 percent. The index notched its best day since March 1, 2016, and is up nearly 35 percent on the year versus the 15 percent […]
CVS deal for Aetna could help retailer face Amazon entry CVS deal for Aetna could help retailer face Amazon entry: Shares of Aetna, the third-largest U.S. health insurer, closed down 3 percent on Friday after closing 12 percent higher on Thursday on reports of the deal. CVS Health was down […]
Wal-Mart new robots scan shelves to restock items faster Wal-Mart new robots scan shelves to restock items faster: The approximately 2-foot (0.61-meter) robots come with a tower that is fitted with cameras that scan aisles to check stock and identify missing and misplaced items, incorrect prices and mislabeling. The robots […]
U.S. economy likely slowed by hurricanes in third quarter U.S. economy likely slowed by hurricanes in third quarter: U.S. economic growth probably slowed in the third quarter as hurricanes Harvey and Irma restrained consumer spending and undercut construction activity, but underlying momentum likely remained strong amid robust business investment on […]
GE explores divesting its transportation healthcare IT businesses GE explores divesting its transportation healthcare IT businesses: General Electric Co (GE.N) is exploring divesting its transportation and healthcare information technology businesses, as it seeks to reshape its portfolio under new Chief Executive John Flannery, people familiar with the matter said. Such […]
