Tesla has a ‘decent shot’ at a record quarter on every level: Musk
Tesla Inc has “a decent shot at a record quarter on every level”, Chief Executive Officer Elon Musk said at the company’s annual shareholder meeting on Tuesday, soothing concerns about weak demand for the electric car maker’s sedans.
Kroger to start selling cannabis-based products
Kroger Co said on Tuesday it would start selling cannabis-based products in 945 stores, joining the growing number of retailers that are trying to tap the demand for cannabidiol (CBD) products.
Wall Street treads water after recent rally
U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war with China.
GM expected to invest $150 million to boost truck output in Flint, Michigan: sources
General Motors Co is expected to announce on Wednesday it is investing about $150 million at its Flint Assembly in Michigan to boost production of heavy duty trucks, sources briefed on the matter said.
Equities rally dissipates as trade optimism fades, yield curve flattens
Wall Street’s indexes ended Tuesday’s session virtually unchanged after investors turned their focus to U.S.-China trade tensions as euphoria from Friday’s U.S.-Mexico deal faded.
Investor Ackman opposes United Technologies’ aerospace merger with Raytheon: source
Billionaire investor William Ackman’s activist hedge fund Pershing Square Capital Management LP is opposing United Technologies Corp’s planned $120 billion aerospace merger with defense contractor Raytheon Co, a person familiar with the matter said on …
End of the road for Volkswagen’s self-driving Aurora deal
Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms for commercial vehicles with Fiat Chrysler Automobiles.
Wall Street treads water following recent rally
U.S. stocks ended near flat on Tuesday as investors paused following a run of gains and as fresh worries emerged over the United States’ trade war with China.
Equities fall with yields as trade optimism fades
Wall Street’s indexes lost some ground on Tuesday afternoon and U.S. Treasury yields dipped as worries about the U.S.-China trade war flared up and euphoria following Friday’s U.S.-Mexico deal faded.
Trump defends tariff strategy, China says ‘not afraid’ of trade war
U.S. President Donald Trump on Tuesday defended the use of tariffs as part of his trade strategy while China vowed a tough response if the United States insists on escalating trade tensions amid ongoing negotiations.
