Tesla seeks to raise $2 billion through stock offering
Tesla Inc said on Thursday it plans to raise $2 billion by selling shares through a public offering.
Qualcomm to ask appeals court for vindication in FTC antitrust case
Qualcomm Inc on Thursday will urge a U.S. appeals court to reverse a ruling that it abused its position as a giant of the semiconductor industry and overcharged smartphone makers for access to its patented technology.
Russian court fines Facebook $63,000 over data law breach: RIA
A Russian court fined social media company Facebook 4 million roubles ($62,922) on Thursday for its failure to comply with a Russian data law, the RIA news agency reported.
Southwest extends 737 MAX flight cancellations through early August
Southwest Airlines on Thursday extended its cancellation of 737 MAX flights through early August as the grounding of the Boeing Co jet continued and threatened to impact nearly all of the busy U.S. summer travel season.
Futures slide as new coronavirus cases surge
U.S. stock index futures slipped on Thursday, a day after Wall Street closed at record levels, as a spike in the number of deaths and new cases related to the coronavirus outbreak in China sent investors scurrying to safe-haven assets.
Gazprom to resume China gas route talks once virus quarantine lifted
Russia’s Gazprom said on Thursday it will continue talks on new China natural gas routes once the coronavirus quarantine is lifted.
Jet market oracle Tinseth bows out with Boeing at crossroads
Years ago, when Randy Tinseth was still running Boeing’s sales account for United Airlines, the plane company’s designers pulled him aside.
Google’s fight against EU antitrust fine comes up against critical judge
Google’s battle against a $2.6 billion EU antitrust fine was dealt an apparent setback on Thursday, when one of the judges hearing the case said the company had committed a “clear infraction” in its handling of price-comparison shopping services.
Alibaba beats estimates on record Singles’ Day sales
China’s Alibaba Group Holding Ltd beat analysts’ estimates for quarterly results on Thursday, driven by record sales during its annual Singles’ Day shopping blitz and demand for its cloud computing business.
Southwest extends 737 MAX flights cancellations through early August
Southwest Airlines on Thursday extended cancellations of 737 MAX flights through early August as the grounding of the Boeing Co jet drags on, potentially affecting the carrier’s profits during the upcoming U.S. summer travel season.
