Tesla April registrations drop in key California market
SAN FRANCISCO (Reuters) – Registrations of Tesla Inc vehicles in California, by far the largest market of the luxury electric car maker, fell 24 percent in April from a year ago, according to data from IHS Markit.
U.S. charges ex-Audi manager in emissions cheating case
WASHINGTON (Reuters) – The U.S. Justice Department said on Thursday it charged a former Audi manager with directing employees at the company, a division of Volkswagen AG , to design software to cheat U.S. emissions tests in thousands of Audi diesel car…
MetLife seeks new delay in ‘too big to fail’ case to wait for Trump
WASHINGTON (Reuters) – MetLife Inc on Thursday asked for another delay in the long-running case over whether the U.S. government should have labeled it as “too big to fail,” warning that the Trump administration may want to withdraw the government’s a…
Injured drivers get official role in Takata’s U.S. bankruptcy
WILMINGTON, Del. (Reuters) – People injured by Takata Corp’s defective air bags were given an official role in the bankruptcy of its U.S. unit on Thursday, allowing them to challenge restructuring plans that plaintiffs’ lawyers have criticized as prote…
Qualcomm accuses Apple of infringing six patents in iPhone, iPad
WASHINGTON (Reuters) – Chipmaker Qualcomm Inc will ask the U.S. International Trade Commission to bar Apple Inc from selling some iPhones and iPads in the United States that use chips made by competitor Intel Corp on the grounds that the devices inf…
Blue Apron options to list on CBOE exchanges on Monday: CBOE
NEW YORK (Reuters) – Options contracts on Blue Apron Holdings Inc , the first U.S. meal-kit company to go public, will debut on CBOE Holdings Inc’s exchanges on Monday, a CBOE spokeswoman said on Thursday.
Airbnb says had proposed alternative to forcing Paris hosts to register rentals
PARIS (Reuters) – Short-term rental website Airbnb said on Thursday it had proposed for Paris and other large French cities to create automated limits to ensure its hosts did not rent their property beyond the 120 days a year legal limit for a main res…
Buffett bets big on power with $9 billion Oncor deal
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady profits from utilities and infrastructur…
$1 billion headache for Airbus as Qatar cancels four jets
PARIS (Reuters) – Qatar Airways has axed orders for four A350s because of delivery delays, Airbus said on Thursday, handing the European planemaker a new headache over what to do with jets worth $1.2 billion at list prices as it tries to close a sales …
Starbucks service hurt by understaffing: coworker.org survey
(Reuters) – A Starbucks Corp initiative overseen by new Chief Executive Kevin Johnson and designed to improve speed and customer service, has not addressed underlying staffing shortages, according to an outside survey of company workers released on Th…
