Tesla shares fall as investors await Musk’s funding plan
Tesla shares down 2.7 percent in late morning trade as investors jittery about CEO Elon Musk’s plan to take co private for $420/shr, valuing co at more than $70 billion
Tesla shares down 2.7 percent in late morning trade as investors jittery about CEO Elon Musk’s plan to take co private for $420/shr, valuing co at more than $70 billion
Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive Will Wyatt, is in talks to acquire Tronc Inc , the publisher of Chicago Tribune, people familiar with the matter said on Thursday.
Tribune Media Co terminated its $3.9 billion sale to Sinclair Broadcast Group on Thursday and sued Sinclair for breach of contract, claiming the rival TV-station owner mishandled efforts to get the transaction approved by taking too long and being too aggressive in its dealings with regulators. The collapse of the deal, hatched 15 months ago and backed by U.S. President Donald Trump, potentially ends Sinclair’s hopes of building a national Conservati
A Dutch court on Thursday rejected a case from Ryanair seeking to block pilots in the Netherlands from joining a wider European strike scheduled for Friday at the airline to protest slow progress in negotiating a collective labor agreement.
Germany’s embattled industrial group Thyssenkrupp expects job cuts as part of an overhaul of its operations, daily Frankfurter Allgemeine Zeitung (FAZ) reported, citing an interview with the top executive.
The S&P and the Nasdaq inched towards a record on the back of high-flying technology trio of Apple, Amazon and Microsoft.
J.C. Penney is expanding the baby products it sells at stores beyond clothing as the department store joins the many other chains trying to claim some of the Babies R Us sales up for grabs. The Plano, … …read more […]
New U.S. sanctions drove down Russia’s ruble, while worries that Turkey was sliding into a full-blown economic crisis battered the lira on Thursday, while global equity markets largely shrugged off these events to edge higher.
New York (AP) — First lady Melania Trump’s parents have been sworn in as U.S. citizens. …read more […]
General Electric’s (GE) business arm — GE Capital — to divest its Energy Financial Services Project Finance Debt Business to Starwood, in line with the portfolio-restructuring efforts of the former. …read more […]
Mercedes-Benz sports utility vehicles built in Tuscaloosa, Alabama, are being checked for potential problems by Shanghai customs authorities, Daimler confirmed on Thursday, as a trade dispute between the United States and China heats up.
The Nasdaq inched toward a record on the back of high-flying technology trio of Apple, Amazon and Microsoft, while gains in the Dow and the S&P 500 were limited as energy shares fell.
When Altria Group Inc (NYSE:MO) announced its most recent earnings (30 June 2018), I compared it against two factor: its historical earnings track record, and the performance of its industryRead More… …read more […]
Samsung Electronics Co Ltd launched the Galaxy Note 9 “phablet” in New York on Thursday, promising better battery life and quick cooling to attract gamers and rejuvenate flagging sales.
Samsung’s Galaxy Note 9 is here and it packs a huge battery and new AI features. …read more […]
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