Tesla Inc said on Tuesday it received a request for documents from the U.S. Department of Justice over Chief Executive Elon Musk’s public statements in August about taking the electric carmaker private.
Ferrari plans 15 new models, including hybrids, a utility vehicle and special editions in its drive to hit a softened but still exacting mid-term earnings target.
Brazil could face a diesel shortage at the end of 2018 or state-controlled oil company Petroleo Brasileiro SA may be forced to eat losses on fuel sales thanks to a diesel subsidy program, analyst and broker INTL FCStone said on Tuesday. The program, unveiled in May to halt a truckers’ strike over rising diesel prices, set prices too low and has yet to pay out compensation to most diesel importers, FCStone said in a statement. “Private imports are paralyzed, and Petrobras is practically the only agent bringing the product to …read more […]
Ferrari plans to launch 15 new models, including hybrid cars, a utility vehicle and more special editions as part of its new chief executive’s efforts to double core earnings by 2022.
U.S. stocks rallied on Tuesday, led by gains in Apple and Amazon, as investors judged the latest tit-for-tat tariffs between the United States and China as less damaging than expected.
SunPower is based in San Jose, California but produces most of its solar products in Mexico and the Philippines. The exemption covers SunPower’s premium, high-efficiency interdigitated back contact (IBC) cells and modules, which the company argued stood apart from the cheap, commoditized imports that dominate the market and were the target of the tariffs. “With today’s decision that SunPower’s highly differentiated IBC cells and modules are excluded from tariffs, we are able to turn the page,” SunPower Chief Executive Tom Werner said in a statement. …read more […]
China set a tariff on U.S. liquefied natural gas (LNG), casting a shadow over U.S. plans for new export terminals that were expected to turn the United States into the world’s second largest LNG seller.
China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of U.S. products to its import tariff list in retaliation for President Donald Trump’s planned levies on $200 billion worth of Chinese goods.
President Donald Trump on Tuesday left the door open for China to negotiate an end to the current trade war between the United States and the Asian nation, a day after slapping new tariffs on nearly $200 billion Chinese imports and threatening to add taxes to $267 billion more goods.
Tesla Inc and its Chief Executive Elon Musk are under criminal investigation by the U.S. Department of Justice over public statements about taking the electric carmaker private, Bloomberg reported on Tuesday.
Tesla did not immediately respond to a request for comment, while DoJ declined to comment. Federal prosecutors opened a fraud investigation, the report said, citing two people familiar with the matter, over Musk’s tweets in early August that he had secured funding for a buyout deal valued at $72 billion, before backing off. …read more […]
U.S. stocks rose on Tuesday, led by gains in Apple and Amazon, as investors judged the latest tit-for-tat tariffs between the United States and China as less damaging than expected.
Nestle , Unilever and Coca-Cola are among bidders for GlaxoSmithKline’s Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said.
Tesla Inc is under investigation by the U.S. Department of Justice over public statements made by the company and its Chief Executive Elon Musk, Bloomberg reported on Tuesday, citing two people familiar with the matter.
Tesla Inc is under investigation by the U.S. Department of Justice over public statements made by the company and its Chief Executive Elon Musk, Bloomberg reported on Tuesday, citing sources.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
