Tesla delays big rig truck debut; Model 3 in ‘production hell’
(Reuters) – Tesla Inc Chief Executive Elon Musk on Friday pushed back the unveiling of the company’s big rig truck until mid-November, tweeting that the electric vehicle maker was diverting resources to fix production bottlenecks of its new Model 3 se…
Tesla in ‘production hell’ to meet Model 3 deadline: Elon Musk
(Reuters) – Tesla Inc Chief Executive Elon Musk tweeted that the electric carmaker was “deep in production hell”, just days after the company said it would fall behind its planned ramp-up for the new Model 3 sedan due to production bottlenecks.
Automakers say U.S. fuel economy standards unrealistic, cite costs and consumers
WASHINGTON (Reuters) – Automaker trade groups told U.S. regulators they should revise fuel efficiency mandates approved in the final weeks of the Obama administration because the costs would be onerous and the standards do not reflect how cheap gas pri…
Former F-Squared CEO found liable in U.S. SEC fraud case
BOSTON (Reuters) – A U.S. jury on Friday found that the former chief executive of F-Squared Investments Inc, once the largest U.S. money manager creating portfolios out of exchange-traded funds, violated federal securities laws.
Drug chains tumble on reports Amazon eyeing their pie
(Reuters) – Shares of drug retailers Walgreens Boots Alliance Inc , CVS Health Corp and Rite Aid Corp tumbled on Friday after reports that Amazon.com Inc was looking to make a move into selling drugs online.
Airbus lags Boeing on January-September orders, deliveries
PARIS (Reuters) – Airbus sold 56 aircraft and delivered 55 in September to remain in second place behind U.S. rival Boeing in the first nine months of the year, monthly data published by the firm on Friday showed.
S&P 500 breaks record run on jobs data, drug chain drop
NEW YORK (Reuters) – The S&P 500 eased on Friday, ending a six-day run of record highs as the first monthly decline in U.S. nonfarm jobs in seven years dampened sentiment and pharmacy shares fell on Amazon competition fears.
Ryanair chief operating officer to resign in wake of rostering mess-up
DUBLIN (Reuters) – Ryanair chief operations officer Michael Hickey will resign from the end of the month, the under-fire airline said on Friday, becoming the first executive to leave since a rostering mess-up led to the cancellation of thousands of fl…
Downplaying job losses, Fed officials eye December rate hike
AUSTIN, Texas/NEW YORK (Reuters) – Chocking up employment losses last month to the temporary hit of a severe hurricane season and reiterating expectations that inflation will strengthen, Federal Reserve policymakers on Friday signaled they continue to …
S&P dips; pharmacy shares slide on Amazon threat
NEW YORK (Reuters) – The S&P 500 dipped on Friday, breaking an eight-day streak of gains, as the first monthly decline in U.S. nonfarm jobs in seven years dampened sentiment while pharmacy shares declined on fear of competition from Amazon.
