Elon Musk tweets photos of first Tesla Model 3 to roll off the line
(Reuters) – Tesla Inc Chief Executive Elon Musk on Sunday tweeted pictures of the first Model 3 sedan to roll off the assembly line.
U.S households see spending up, job prospects improving: New York Fed survey
WASHINGTON (Reuters) – Consumers expect to boost spending in the months ahead and voiced confidence they are more likely to find a job and less likely to lose one in a strong labor market, the New York Federal Reserve reported Monday in its latest mont…
German prosecutor investigating employees at VW’s Porsche
FRANKFURT (Reuters) – The Stuttgart prosecutor’s office said on Monday employees at German sports car maker Porsche AG and a U.S.-based subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.
Jeep, Suzuki may have violated emissions rules: Dutch watchdog
ZOETERMEER, Netherlands (Reuters) – Dutch prosecutors said on Monday they will investigate possible misuse of vehicle emissions software by Suzuki and Fiat Chrysler’s Jeep.
Elliott proposes $18.5 billion Oncor deal to top Buffett
(Reuters) – Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, unveiled a plan on Monday to best Berkshire Hathaway Inc’s deal for the Texas utility with a bid worth $18.5 billion, including debt.
Abercrombie ends talks with potential buyers, retail shares dip
(Reuters) – Shares of Abercrombie & Fitch Co plunged 21 percent on Monday and dragged down other stocks in the battered retail sector as the U.S. teen apparel maker terminated talks over a potential sale.
Dutch prosecutor to examine use of emissions software by Jeep, Suzuki: official
AMSTERDAM (Reuters) – Dutch prosecutors said on Monday they will look into possible misuse of emissions software by Suzuki and Fiat Chrysler’s Jeep.
Eurofer ups EU steel demand forecast, warns on ‘disastrous’ U.S. tariff plan
LONDON (Reuters) – European steel association Eurofer raised its 2017 EU steel demand forecast on Monday but said isolationist measures such as a U.S. plan to levy steel tariffs on national security grounds could be disastrous for global trade flows.
Activist Loeb keeps up performance pressure on Nestle: source
LONDON (Reuters) – Activist investor Daniel Loeb is keeping up pressure on Nestle by sharing views with the company as part of a regular dialogue, a source familiar with the matter told Reuters.
With new Camry, Toyota eyes bigger share of ailing U.S. sedan market
TOKYO (Reuters) – Toyota Motor Corp on Monday said it was committed to the ailing U.S. sedan market and that it expected a new model of its Camry, the top-selling passenger car in the United States for decades, to help boost the company’s sales in the…
