Tesla big battery races to keep South Australia lights on Tesla big battery races to keep South Australia lights on: One year after the state of South Australia suffered a major blackout, construction has started on building the world’s biggest battery to help keep the lights on in Australia’s most […]
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S&P ekes out record on healthcare gains tax plan hopes S&P ekes out record on healthcare gains tax plan hopes: Wall Street edged higher on Thursday, as the S&P 500 eked out a record on gains in McDonald’s and healthcare names, while investors continued to hope President Donald Trump will […]
U.S. slaps steep duties on Bombardier jets after Boeing complaint U.S. slaps steep duties on Bombardier jets after Boeing complaint: The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc’s CSeries jets after rival Boeing Co accused Canada of unfairly subsidizing the aircraft, a move likely to […]
Bombardier would not pick up tab for duties on CSeries jet Bombardier would not pick up tab for duties on CSeries jet: Canada’s Bombardier Inc is unwilling to swallow the extra cost for airlines if the United States slaps duties on its CSeries jet and is keen to press ahead […]
Global stocks off after North Korea says U.S. declared war euro slides Global stocks off after North Korea says U.S. declared war euro slides: Stocks fell on Wall Street and U.S. government bond yields dropped on Monday after North Korea accused the United States of having declared war on the […]
Toshiba tells banks chip deal delayed as Apple yet to approve Toshiba tells banks chip deal delayed as Apple yet to approve: Toshiba Corp (6502.T) told its main banks on Monday it has not signed the $18 billion sale of its semiconductor business because Apple Inc (AAPL.O), a member of […]
Target raises minimum hourly wage to $11 pledges $15 by end of 2020 Target raises minimum hourly wage to $11 pledges $15 by end of 2020: Target Corp (TGT.N) said on Monday it would increase its minimum hourly wage this year by a dollar to $11, vowing to raise this by […]
China iQiyi eyes U.S. listing at up to $10 billion valuation Bloomberg China iQiyi eyes U.S. listing at up to $10 billion valuation Bloomberg: aidu Inc’s (BIDU.O) video streaming service iQiyi, a Chinese-style Netflix (NFLX.O), is looking for an initial public offering in the United States as early as next year, […]
Apple shares flirt with correction territory Apple shares flirt with correction territory: Shares of Apple Inc dipped on Monday and flirted with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X. Digitimes, citing unnamed sources, reported that […]
Time Inc in talks to sell assets warns on third-quarter ad revenue softness Time Inc in talks to sell assets warns on third-quarter ad revenue softness: Time Inc (TIME.N) said on Friday it was looking to sell several assets, including Time Inc UK, and warned it experienced more-than-anticipated softness in both […]