Tesla delivers record number of electric cars in quarter, shares up 7%
Tesla Inc set a record for quarterly vehicle deliveries in a triumphant response to months of questions about demand for its luxury electric cars, sending shares up 7% after hours on Tuesday.
U.N. aviation agency to review global pilot training in shadow of 737 MAX crashes
Global regulators will meet in Montreal next week to review pilot licensing requirements, the U.N.’s aviation agency said, as part of a discussion that has gained urgency following two fatal crashes of Boeing 737 MAX aircraft in the past year.
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car sales continued a long-running decline.
Tesla delivers record number of electric cars in quarter, shares up 8%
Tesla Inc delivered a record number of electric vehicles in the second quarter, beating Wall Street expectations and sending shares up 8% after hours on Tuesday as the news allayed concerns about demand.
Arizona cancels incentive for Nike plant after ‘terrible decision’ to recall sneaker: governor
Arizona’s governor on Tuesday withdrew a $1 million incentive for Nike Inc to build a plant in the state after the world’s largest sportswear maker canceled release of a sneaker featuring a colonial-era version of the American flag, which critics say r…
Stocks edge higher as trade enthusiasm wanes
U.S. stocks managed modest gains on Tuesday after holding near the unchanged mark for much of the session as enthusiasm over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods.
Oil dives 4% on demand worries even as OPEC, allies extend cuts
Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand.
EU leaders choose France’s Lagarde for ECB after marathon summit
European Union leaders agreed on Tuesday to name France’s Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the EU’s other top four jobs after marathon talks that have exposed deep divisions in the bloc.
Stocks stall as trade enthusiasm fades
U.S. stocks held near the unchanged mark on Tuesday as optimism over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods, stalling a recent rally.
EU leaders agree on France’s Lagarde to lead ECB
European Union leaders agreed on Tuesday to name Frenchwoman Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the other four top jobs in the bloc after tortuous marathon talks exposed their deepening divisions…
