U.S. opens probe into fatal Tesla crash, fire in California
(Reuters) – A fatal crash and vehicle fire of a Tesla Inc Model X near Mountain View, California, last week has prompted a federal field investigation, the U.S. National Transportation Safety Board said on Tuesday, sparking a big selloff in Tesla stock…
Wall Street closes sharply lower, tech leads late selloff
(Reuters) – Wall Street closed sharply lower Tuesday, with each of the major U.S. indexes suffering their fourth decline in five sessions, fueled by a selloff in the tech sector.
Gunmaker Remington gets approval for loan to carry it through bankruptcy
WILMINGTON, Del (Reuters) – U.S. gunmaker Remington Outdoor Co Inc won court approval on Tuesday to borrow an interim $75 million to sustain its business during its Chapter 11 bankruptcy, which will allow the company to carry out a $775 million debt-cu…
Chicago can pursue part of Wells Fargo predatory lending case
(Reuters) – A federal judge significantly narrowed but refused to dismiss a lawsuit accusing Wells Fargo & Co, the third-largest U.S. bank, of predatory mortgage lending targeting black and Hispanic borrowers in the Chicago area.
Apple bid for education market: new software, same iPad price
CHICAGO/SAN FRANCISCO (Reuters) – Apple Inc on Tuesday rolled out a new iPad and classroom software aimed at grabbing more of the U.S. education market, but did not cut the price of its entry-level tablet despite schools flocking to laptops costing a t…
Facebook’s Zuckerberg to testify before U.S. Congress: source
NEW YORK (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg plans to testify before U.S. Congress, a source briefed on the matter said on Tuesday, as he bows to pressure from lawmakers insisting he explain how 50 million users’ data ended up in t…
Wall Street falters, dragged down by tech
(Reuters) – Wall Street gave up gains on Tuesday with technology stocks pulling the S&P 500 and the Nasdaq into negative territory.
Exclusive: OPEC, Russia consider 10- to 20-year oil alliance – Saudi Crown Prince
NEW YORK (Reuters) – Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years.
NTSB opens probe into fatal Tesla crash, fire in California
(Reuters) – The U.S. National Transportation Safety Board is opening a field investigation of a fatal Tesla Inc crash and major vehicle fire near Mountain View, California, last week, the agency said in a statement on Tuesday.
Thomson Reuters reports UK gender pay gap of 16.95 percent
LONDON (Reuters) – Thomson Reuters , one of the world’s biggest news and information companies, on Tuesday reported a mean gender pay gap for its British legal entities of 16.95 percent and a mean bonus gap of 50.52 percent.
