Articles by admin

U.S. job growth surged in April and the unemployment rate dropped to a more than 49-year low of 3.6 percent, pointing to solid economic growth.

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Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company’s cash-depleted balance sheet.

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U.S. stock index futures added to gains in volatile trading on Friday, after data showed U.S. jobs surged in April and the unemployment rate dropped to a more than 49-year-low of 3.6 percent.

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Fiat Chrysler (FCA) expects new models such as the Jeep Gladiator and all-new RAM heavy duty truck to help it meet full-year targets and make up for weaker sales and profits in the first quarter, the automaker said on Friday.

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SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, which usually picks up big stakes in fast-growing technology companies, the Wall Street Journal reported on Friday, citing people familiar with the matter.

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Fiat Chrysler (FCA) on Friday confirmed its targets for this year despite reporting a 29 percent fall in first-quarter operating profit as sales and margins weakened in its North American profit center.

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Brazil planemaker Embraer SA said on Friday that it delivered 11 commercial planes in the first quarter of 2019, three fewer than in the same period last year, as it works to cede control of that profitable division to Boeing Co .

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Tesla Inc on Friday raised the size of its planned share offering to 3.1 million shares, priced at $243 apiece, and said Chief Executive Officer Elon Musk would now buy stock worth up to $25 million, more than double his initial commitment.

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Tesla Inc said on Friday its offering of 3.1 million shares was priced at $243 per share and Chief Executive Officer Elon Musk will buy shares worth up to $25 million.

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The stock market surge since the start of the year that has sent the benchmark S&P 500 index up to new record highs is leaving behind one sector that typically outperforms in an expanding economy: energy.

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Fiat Chrysler (FCA) said on Friday its adjusted operating profit fell 29 percent in the first quarter as sales slowed in its North American profit center in Europe.

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Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

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Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals down the road due to underinvestment in the mining sector, the company’s global supply manager for battery metals told an industry conference on Thursday, according to two sources.

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A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominance in the space.

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World stocks were battling to avoid their first weekly fall in six weeks on Friday, as investors waited to see whether key U.S. jobs data later would give the Federal Reserve another reason to dismiss rate cut calls.

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