Apple investing $850 million in California solar farm
SAN FRANCISCO (Reuters) – Apple Inc Chief Executive Tim Cook said on Tuesday the technology company is investing $850 million to help build a solar farm in California with solar panel maker First Solar.
Exclusive: Tesla CEO threatens firings after dismal China sales – sources
PARIS/DETROIT (Reuters) – Tesla Motors Inc Chief Executive Elon Musk is prepared to fire overseas executives, people with knowledge of the matter said, after weak Chinese sales of the company’s luxury electric cars cast doubt on his ambitious global ex…
Coke’s price increase encourages beverage company shareholders
NEW YORK (Reuters) – Coca-Cola Co raised the overall prices it charges its retail customers in North America 4 percent in the latest quarter, the company said on Tuesday, a signal to industry watchers that soft-drink rival PepsiCo probably raised price…
EU’s Juncker steps up contacts with Greece, scant progress so far
ATHENS/BRUSSELS (Reuters) – European Commission President Jean-Claude Juncker stepped up contacts with Greece’s new leftist leader on Tuesday to try to bridge differences on the country’s debt crisis but EU officials cautioned against expecting any bre…
Halliburton to cut thousands of jobs as oil slumps
NEW YORK (Reuters) – U.S. oil services company Halliburton said on Tuesday it expects to cut potentially more than 6,000 jobs across the globe because of a “challenging market environment” resulting from low oil prices.
HSBC could face U.S. legal action over Swiss accounts
LONDON/ZURICH/WASHINGTON (Reuters) – HSBC Holdings Plc faces investigation by U.S. authorities and an inquiry by British lawmakers after admitting failings by its Swiss private bank that may have allowed some customers to dodge taxes.
Goldman is jack-of-all-trades, not master of one: CEO
NEW YORK (Reuters) – Goldman Sachs Group Inc is trying to convince investors that its business model does not need to change.
U.S. oil output ‘party’ to last to 2020: IEA
LONDON (Reuters) – The United States will remain the world’s top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.
Finance chiefs vow action to bolster growth at G20 meet, Greece weighs
ISTANBUL (Reuters) – Finance officials from the Group of 20 leading economies sketched an uncertain outlook for global growth on Tuesday and vowed to use monetary and fiscal policy if needed to stem any risk of stagnation.
U.S. wholesale stocks weak; job openings highest since 2001
WASHINGTON (Reuters) – U.S. wholesale inventories barely rose in December, the latest suggestion that economic growth in the fourth quarter was even slower than initially thought.
