Tesla plunges another 5 percent on fears of Model 3 delays Tesla plunges another 5 percent on fears of Model 3 delays:- Shares of Tesla (TSLA.O) dropped on Monday after a downgrade by Goldman Sachs, bringing the electric carmaker's decline to 11 percent since its quarterly report last week stoked […]
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China says policies unaffected by Trump plan to bring factories back to U.S. China says policies unaffected by Trump plan to bring factories back to U.S.:- China is closely following U.S. President Donald Trump's plans to create more domestic jobs by encouraging U.S. companies to bring home or "reshore" their […]
With stocks at highs, investors eye consumer results With stocks at highs, investors eye consumer results:- U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (WMT.N) next week for signs on whether the recent market rally has more room to run. The […]
Wal-Mart to tear down walls between store, online buying operations Wal-Mart to tear down walls between store, online buying operations:- Wal-Mart Stores Inc (WMT.N) for the first time will combine its own buying for products sold at its stores with purchases it makes for its website, sources said, a […]
Boeing's $14 billion Singapore Air order does not fill 777, 787 gap Boeing's $14 billion Singapore Air order does not fill 777, 787 gap:- Boeing Co (BA.N) must sell more 777 and 787 jetliners to keep production plans on track, despite a $13.8 billion order that landed earlier on Thursday, […]
Oreo maker Mondelez's sales, profit miss estimates Oreo maker Mondelez's sales, profit miss estimates:- Mondelez International Inc (MDLZ.O), the maker of Oreo cookies and Cadbury chocolates, reported lower-than-expected holiday-quarter sales and profit due to a strong dollar that eroded the value of sales outside the United States. The company, which […]
Deutsche Boerse says clears CEO after analysis of talks with LSE Deutsche Boerse says clears CEO after analysis of talks with LSE: Deutsche Boerse's (DB1Gn.DE) supervisory board backed its Chief Executive Carsten Kengeter, who is the focus of an insider trading investigation, saying it had found that talks with the […]
U.S. government agency sued over sale of certified used cars U.S. government agency sued over sale of certified used cars:- The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission (FTC) on Monday for allowing used cars to be advertised as "certified" or […]
Facebook, Google, others launch drive against fake news in France Facebook, Google, others launch drive against fake news in France:- Social media companies Facebook, Google and a group of news organizations launched an initiative on Monday to tackle fake news stories in France, with the media in the spotlight as […]
Lockheed, Pentagon announce $8.5 billion F-35 order Lockheed, Pentagon announce $8.5 billion F-35 order:- The Department of Defense and Lockheed Martin Corp (LMT.N) announced on Friday an agreement worth about $8.5 billion for 90 F-35 jets, the lowest price to date for the Pentagon’s most expensive program. The deal for […]