Wall Street falls as China virus reaches the U.S.
Wall Street lost ground on Tuesday, backing away from record highs as a viral outbreak from China found its way to U.S. shores and the International Monetary Fund (IMF) lowered its global economic growth forecast.
Michigan, Tesla reach agreement for direct car delivery: source
Tesla Inc has reached a settlement with Michigan to allow the electric-car maker to directly deliver its vehicles to customers in the state, a person familiar with the agreement said on Tuesday.
Netflix subscriber growth beats Wall Street estimate as market leader faces Disney
Netflix Inc added more paying subscribers than Wall Street expected in the fourth quarter as it faced new competition from lower-cost services from Walt Disney Co and Apple Inc for the first time in the streaming video wars.
Factbox: How a virus impacts the economy and markets
The outbreak of a new virus in China has sent shivers through world financial markets, with investors drawing comparisons to the 2003 SARS (Severe Acute Respiratory Syndrome) outbreak in order to assess its potential economic impact.
Risk assets fall as Chinese virus triggers anxiety
Risk assets took a hit across the globe on Tuesday, while the Japanese yen and U.S. Treasury prices gained, as financial markets reacted to mounting concern about a new strain of flu-like virus out of China.
Boeing warns of new 737 MAX delay, now sees mid-year return to service
Boeing Co said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system.
Vodafone Group exits Facebook-led Libra currency group
Britain’s Vodafone Group PLC has left the entity that manages the Facebook Inc led effort to launch Libra, a global digital currency, Libra Association said on Tuesday.
Huawei CFO’s lawyers argue U.S. extradition case does not pass Canadian law
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers argued for a second straight day that the U.S. extradition request against Meng is founded in sanctions violation.
Michigan, Tesla reach agreement for direct car sales: source
Tesla Inc has reached a settlement with Michigan to allow the electric carmaker to directly sell vehicles in the state, a person familiar with the agreement said on Tuesday.
Boeing says 737 MAX may not win approval to return until mid-year, shares drop
Boeing Co said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system.
