Musk says Tesla to run contest for homemade commercials
(Reuters) – Elon Musk, an active Twitter user, has been Tesla’s mouthpiece to the public, informing them about the electric car maker’s upcoming products and plans.
Taiwan sits out forex intervention to duck Trump blast
TAIPEI (Reuters) – Taiwan’s central bank, fearful of being labeled a currency manipulator by U.S. President Donald Trump, has pulled back on intervention to weaken the Taiwan dollar, making it Asia’s second best-performing currency in 2017.
Dollar rises, global stocks hold highs on March Fed rate hike bets
LONDON (Reuters) – European stocks held near 15-month highs and the dollar strengthened against other top global currencies on Thursday on growing expectations that the U.S. central bank will raise interest rates later this month.
Trump trade office takes aggressive view of WTO rules: document
WASHINGTON (Reuters) – U.S. President Donald Trump’s administration said on Wednesday that it will take aggressive action to combat other countries’ unfair trade practices and may defy World Trade Organization rulings that it views as interfering with…
Yahoo says about 32 million accounts accessed using ‘forged cookies’
(Reuters) – Yahoo Inc , which disclosed two massive data breaches last year, said on Wednesday that about 32 million user accounts were accessed by intruders in the last two years using forged cookies.
Trial, bond hearing dates set for VW emissions scandal executive in U.S.
DETROIT (Reuters) – A federal judge on Wednesday set for April 18 in Detroit the trial of a former Volkswagen AG U.S.-based executive charged with crimes related to the company’s massive diesel emissions scandal, but the defense indicated it may seek …
Tesla’s SolarCity cut 20 percent of staff in 2016
(Reuters) – SolarCity, which was acquired by Tesla Inc at the end of last year, slashed nearly 20 percent of its staff in 2016 as it sought to preserve cash amid slowing growth in the rooftop solar industry.
U.S. stock investors say don’t worry, be happy
NEW YORK (Reuters) – The latest leg of the relentless rally in U.S. stocks since Donald Trump was elected president has all the hallmarks of being driven more by sentiment than sense, but that doesn’t mean the ride is over, although it could well be a …
Exclusive: SEC advisory committee to question Snap’s transparency for investors
BOSTON (Reuters) – An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc’s decision to deny shareholders voting rights might also reduce the social media company’s public disclosures on executi…
PepsiCo to cut jobs in Philly as sales lose fizz after soda tax
(Reuters) – PepsiCo Inc said on Wednesday it would cut 80 to 100 jobs in Philadelphia as the city’s new sugar-sweetened beverage tax hurts demand for its products.
