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 […]
USA Business and Regional News
Bankrupt Toys R Us wants to pay $16 million in executive bonuses Bankrupt Toys R Us wants to pay $16 million in executive bonuses: Toys “R” Us has asked the bankruptcy court for permission to pay $16 million in bonuses to its top executives if the company is able to […]
Narrow win for Fox shows restlessness with dual class shares Narrow win for Fox shows restlessness with dual class shares: A shareholder proposal calling for Twenty-First Century Fox Inc to scrap its dual-class share structure was rejected on Wednesday, although the measure received significant support among voters outside the controlling […]
Buffalo Wild Wings shares soar on report of takeover bid Buffalo Wild Wings shares soar on report of takeover bid: Buffalo Wild Wings’ shares rose nearly 26 percent in early trading on Tuesday, a day after a report said the company received a $2.3-billion takeover bid from private-equity firm Roark […]
Senate reaches deal to cut number of systemically important banks Senate reaches deal to cut number of systemically important banks: The bill would exempt banks with less than $250 billion in assets – including BB&T, SunTrust Banks and American Express – from heightened regulatory scrutiny, in a move that could […]
Shrinking GE rattles investors shares hit 5 year low Shrinking GE rattles investors shares hit 5-year low: General Electric Co’s (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the […]
Asia stocks subdued as China data disappoints Asia stocks subdued as China data disappoints: Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there. China’s […]
GE cutting staff ahead of new CEOs Monday overhaul GE cutting staff ahead of new CEOs Monday overhaul: General Electric Co (GE.N) is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery’s expected announcement […]
Rupert Murdoch twice discussed CNN with AT&T CEO Rupert Murdoch twice discussed CNN with AT&T CEO: Rupert Murdoch telephoned AT&T Inc (T.N) Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. Rupert Murdoch telephoned […]
Chip stocks tumble as top performer Nvidia Chip stocks tumble as top performer Nvidia set to report results: hares of chipmakers slumped on Thursday ahead of a quarterly earnings report from Nvidia Corp (NVDA.O), the star performer of the high-flying sector over the past year. The Philadelphia Semiconductor index .SOX […]
