Government Shutdown Set as Rand Paul Protests Budget Deal Senate leaders, facing the implacable Senator Rand Paul of Kentucky, adjourned the chamber until just after midnight, conceding they could not prevent at least a short-term government shutdown, which will begin Friday morning. Senators are still expected to vote in favor […]

Elon Musk fiddles while Tesla burns Elon Musk is fiddling while Tesla burns. The entrepreneur has recently pulled off successful PR stunts for his other firms. And he has just broadened the electric-car maker’s funding options. But Tesla looks set to incinerate truckloads of greenbacks this year. Fourth-quarter results unveiled […]

European economy can help BNP clear low return bar Europe’s recovering economy can help BNP Paribas clear a low return bar. Aiming for a return on equity of 10 percent – roughly in line with the French bank’s cost of capital – over the next two years might suggest a […]