U.S. stocks snapped a three-day rally on Friday as Apple shares dropped following a disappointing forecast and the White House dampened optimism over U.S.-China trade talks.
Tesla Inc said on Friday it had received a subpoena from the U.S. Securities and Exchange Commission over forecasts it made about Model 3 production in 2017, a set of targets the electric vehicle company failed to hit on time.
Uber Technologies Inc has asked Pennsylvania for permission to resume self-driving car testing on public roads and has improved the autonomous vehicle software, the company said on Friday, more than seven months after it suspended testing following a deadly crash in Arizona.
Twitter Inc deleted more than 10,000 automated accounts posting messages that discouraged people from voting in Tuesday’s U.S. election and wrongly appeared to be from Democrats, after the party flagged the misleading tweets to the social media company.
U.S. President Donald Trump said on Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the two countries’ differences but warning that he still may impose more tariffs on Chinese goods.
U.S. stocks snapped a three-day rally on Friday as Apple shares dropped following a disappointing forecast and the White House dampened optimism over U.S.-China trade talks.
Twitter deleted more than 10,000 automated accounts posting messages that discouraged people from voting in Tuesday’s U.S. election and wrongly appeared to be from Democrats, after the party flagged the misleading tweets to the social media company.
German lender NordLB’s chairman Reinhold Hilbers said on Friday the German state of Lower Saxony was reviewing how it could strengthen the public sector lender’s balance sheet after it scored worst among German banks in European stress tests.
Consumer goods companies, emboldened by a strong U.S. economy, are rolling out price increases on everyday products and groceries after several years of haggling with big retailers that needed cheaper products to attract customers. Walmart Inc , Target Corp and other grocers have kept prices low over the past two years to fend off growing challenges from Amazon.com Inc’s Whole Foods Market, German discount supermarket Aldi Inc, and o
U.S. stocks were on track to snap a three-day rally on Friday after White House economic adviser Larry Kudlow weakened optimism over U.S.-China trade talks and as Apple shares dropped following a disappointing forecast.
Britain’s Barclays and Lloyds were the surprise laggards in a European Union bank health check on Friday, alongside Banco BPM , one of the Italian banks which had been expected to struggle.
Italy’s Banco BPM , one of the banks that fared the worst in Europe-wide stress tests of the sector, said on Friday one-off costs had weighed on the outcome of the health check.
Google’s top lobbyist in Washington is stepping aside as the U.S. technology company faces criticism on Capitol Hill on issues including privacy protections and its investment plans in China, the Alphabet Inc unit said on Friday.
Deutsche Bank on Friday scored among the ten worst banks in the latest round of European stress tests, yet another sign of weakness at Germany’s largest lender.
Tesla booked $189.5 million in automotive regulatory credits in its third quarter which helped contribute to profitability, the company said in a quarterly filing on Friday.
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