Tesla settles in cash $920 million convertible bond obligation
Tesla Inc has paid off a $920 million convertible bond obligation in cash, a company spokesperson said on Friday.
Southwest Airlines readies Hawaii flights in West Coast push
Southwest Airlines Co will soon begin flying to Hawaii from California, as part of the budget-friendly carrier’s push to boost leisure travel from the West Coast, an executive said on Friday.
Canada approves Huawei extradition proceedings, China seethes
The Canadian government, as expected, on Friday approved extradition proceedings against the chief financial officer of Huawei Technologies Co Ltd, prompting a furious reaction from China.
U.S. holds major oil and gas lease sale in sage grouse habitat
The U.S. government kicked off a major sale of oil and gas leases in Wyoming this week after rejecting protests over lands on offer that are considered critical areas for wildlife.
Tesla enters uncharted territory after move to dismantle store network
Tesla Inc’s move to dismantle its network of high-end showrooms as part of a plan to launch the long-awaited cheaper version of its Model 3 sedan has pushed the electric carmaker into uncharted territory for an industry that has long relied on physical…
Global shares rise on trade optimism, tame inflation
World equity markets rose on Friday as optimism around trade and benign U.S. inflation boosted investor sentiment, while crude oil retreated on news of weaker U.S. factory activity.
Lyft’s IPO filing shows surging revenue, widening losses
Lyft Inc inched closer to becoming the first ride-hailing company to make a stock market debut by releasing its filing for an initial public offering on Friday, revealing to the public a detailed look at its financial performance.
Shares rise on trade optimism, tame inflation
World equity markets rose on Friday to end an otherwise slow week on optimism around trade and benign U.S. inflation, while crude oil retreated on news of weaker U.S. factory activity.
Canada approves extradition proceedings against Huawei executive
The Canadian government cleared the way on Friday for extradition proceedings against the chief financial officer of Huawei Technologies Co Ltd, who faces charges in the United States.
U.S. trade chief courts auto union to back North American trade pact
U.S. Trade Representative Robert Lighthizer and his staff will head to Michigan next week to meet with United Auto Workers union leaders in an effort to win labor backing for a new North American free trade deal, the union said on Friday.
