Owning Tesla shares about the riskiest it has ever been: options data
Owning electric carmaker Tesla Inc’s shares is close to the riskiest it has ever been, data by options database and analytics firm OptionMetrics showed on Wednesday.
Tesla investor says SEC asked it about ‘funding secured’ tweet
Tesla Inc’s biggest institutional investor said on Wednesday it was questioned by U.S. securities regulators about Elon Musk’s now-abandoned plans to take the electric carmaker private and that the chief executive needed help running the company.
Wall Street dips with Apple, other tech shares
U.S. stocks edged lower on Wednesday, weighed down by a decline in Apple as it unveiled larger iPhones but made just minor changes to its offerings, and other technology shares.
Apple unveils larger iPhones, health-oriented watches
Apple Inc unveiled larger iPhones and watches based on the design of current models on Wednesday, confirming Wall Street expectations that the company is making only minor changes to its lineup.
Chinese electric carmaker NIO shares rev up after shaky U.S. debut
Shares of Chinese electric carmaker NIO Inc recovered sharply from a 15 percent fall in their market debut on Wednesday, a day after the company’s IPO was priced at the lower end of the expected range.
Canada sees more NAFTA talks this week, much work remains: source
Canadian Foreign Minister Chrystia Freeland plans to return to Washington for more talks on NAFTA on Thursday but plenty of work remains before the two sides can strike a trade deal, a well-placed Canadian source said on Wednesday.
Verizon names new CEO for Oath
Verizon Communications Inc on Wednesday named K. Guru Gowrappan as the new chief executive officer of its media and advertising business, Oath, replacing Tim Armstrong.
Fitbit falls, Garmin shed gains on new Apple watch
Fitbit shares fall sharply, while Garmin sheds gains after Apple launches Apple Watch Series 4.
Some U.S. businesses postponing investment due to trade concerns: Fed
U.S. businesses have scaled back or postponed investments in several parts of the country due to concerns about international trade tensions, the Federal Reserve said on Wednesday.
Thyssen interim CEO plans shake-up of engineering unit: source
Thyssenkrupp’s interim boss Guido Kerkhoff is working on a restructuring of the German conglomerate’s plant engineering and shipbuilding division, a source familiar with the matter said on Wednesday.
