Tesla unveils electric big rig truck sporty Roadster Tesla unveils electric big rig truck sporty Roadster: Tesla Inc (TSLA.O) on Thursday unveiled a prototype electric big-rig truck that it will start producing in 2019, throwing itself into a new market even as it struggles to roll out an affordable sedan […]
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Ex Trump lawyer to defend AT&T Time Warner merger Ex Trump lawyer to defend AT&T Time Warner merger: AT&T Inc said it hired media lawyer Daniel Petrocelli, whose clients have included U.S. President Donald Trump, to defend its acquisition of media and entertainment company Time Warner Inc if the government […]
Big money stays away from booming bitcoin Big money stays away from booming bitcoin: Yet for all the hype, mainstream institutional investors are steering clear of the nascent market, taking the view that it is too lightly regulated, too volatile and too illiquid to risk investing other people’s money in. […]
Tesla reaffirms effort to build cars in China Tesla reaffirms effort to build cars in China mum on deal report: China levies a 25 percent duty on sales of imported vehicles and has not allowed foreign automakers to establish wholly owned factories in the country, the world’s largest auto market. […]
Colony Capital injects cash in talks to buy Weinstein Co Colony Capital injects cash in talks to buy Weinstein Co: Co-Chairman Bob Weinstein, Harvey’s brother and fellow co-founder, on Friday had denied the firm was seeking to sell or shut down following Harvey Weinstein’s dismissal after a number of women […]
UK business minister welcomes Airbus stake in Bombardier’s C Series UK business minister welcomes Airbus stake in Bombardier’s C Series: British Business Secretary Greg Clark said on Tuesday he welcomed the deal for Airbus to buy a majority stake in Bombardier’s C Series jetliner program, saying Britain would work closely […]
Fake paperwork poor parts challenge China’s aerospace boom Fake paperwork poor parts challenge China’s aerospace boom: In a 9-page report dated Nov. 4, 2016 obtained by Reuters through a freedom of information request, the Federal Aviation Authority (FAA) said 273 affected parts were installed in an unspecified number of Boeing […]
Gary Cohn warns on ‘major risk’ evolving in clearing houses Gary Cohn warns on ‘major risk’ evolving in clearing houses: National Economic Council director Gary Cohn said on Sunday he sees a “major risk” evolving in clearing houses, according to a Bloomberg report. As “we get less transparency, we get […]
JD.com shares are a better deal than Alibaba’s JD.com shares are a better deal than Alibaba’s: Shares of China’s No.2 e-commerce firm JD.com (JD.O) are a better deal for investors than Alibaba Group’s (BABA.N) stock and could rise 30 percent or more over the next year, Barron’s said on Sunday. […]
Fed’s Yellen says watching inflation closely but economy is strong Fed’s Yellen says watching inflation closely but economy is strong: The U.S economy remains strong and the strength of the labor market calls for continued gradual increases in interest rates despite subdued inflation, Federal Reserve Chair Janet Yellen said on […]
