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Tesla opens the Model 3 reservation floodgates
Tesla has opened the Model 3 waitlist floodgates, inviting all reservation …read more […]
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BHP pays out $211 million to support dam accident rehabilitation fund
(Reuters) – Global miner BHP said on Friday it agreed to fund a total of $211 million in financial support for the Renova Foundation, created to help victims of the Samarco dam disaster in Brazil.
Business News
California lawmakers approve data-privacy bill opposed by Silicon Valley
SAN FRANCISCO (Reuters) – California Governor Jerry Brown on Thursday signed data privacy legislation aimed at giving consumers more control over how companies collect and manage their personal information, a proposal that Google and other big companies had opposed as too burdensome.
Business News
Ex-Morgan Stanley adviser sentenced to U.S. prison for fraud
BOSTON (Reuters) – A former Morgan Stanley adviser was sentenced to 20 months in prison on Thursday after he admitted that he misused client funds to invest in and support a wind farm project that a friend had decided to start.
Business News
Trump lauds Taiwan’s Foxconn, threatens Harley on Wisconsin trip
MT. PLEASANT, Wis. (Reuters) – U.S. President Donald Trump praised Taiwanese high-tech company Foxconn and vaguely threatened U.S. motorcycle maker Harley-Davidson on a campaign-style trip on Thursday to Wisconsin, a state that supported him in the 2016 election.
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5 dead, others wounded at Maryland newspaper shooting
A gunman opened fire at a newspaper office in Annapolis on Thursday, killing five people and gravely wounding a number of others before being taken into custody in one of the deadliest attacks on journalists in U.S. history, police and witnesses said. Police gave no immediate details on the gunman or the motive for the attack at The Capital Gazette and said the suspect was being interrogated. Phil Davis, a reporter who covers courts and crime for the paper, tweeted that the gunman shot out the glass door to the office and fired into the newsroom, sending people …read more […]
Business News
Fox shareholders to vote on Disney’s offer on July 27
(Reuters) – Twenty-First Century Fox Inc shareholders will vote on Walt Disney Inc’s revised offer to buy some Fox assets on July 27, the companies said.
Business News
AT&T to pay $5.25 mln to settle U.S. probe into ‘911’ call outages
WASHINGTON (Reuters) – AT&T Inc will pay $5.25 million to settle a U.S. investigation after two outages in 2017 prevented about 15,000 callers from making emergency “911” calls, the company and a federal regulator said on Thursday.
Business News
Deutsche Bank’s U.S. operations fail second leg of Fed stress tests
WASHINGTON (Reuters) – Deutsche Bank AG’s U.S. subsidiary failed on Thursday the second part of the U.S. Federal Reserve’s annual stress tests due to “material weaknesses” in its data capabilities and capital planning controls.
Business News
Canada to aid steel, aluminum industries hit by U.S. tariffs: source
OTTAWA (Reuters) – Canada will hit back against U.S. tariffs on its steel and aluminum by offering affected companies and workers up to C$800 million ($603 million) in aid, a source familiar with the matter said on Thursday.
Trading Ideas
Why Shares of Cavium Inc. Popped Today
Marvell’s acquisition of the company is now nearly complete. …read more […]
Business News
Wall Street closes higher with help from technology and banks
(Reuters) – U.S. stocks rose on Thursday as growth sectors such as technology rebounded from the previous session’s declines and financial shares snapped their 13-day losing streak.
Business News
AT&T to pay $5.25 million to settle U.S. probe into ‘911’ call outages
WASHINGTON (Reuters) – AT&T Inc will pay $5.25 million to settle a U.S. investigation after two outages in 2017 prevented about 15,000 callers from making emergency “911” calls, documents show.
Trading Ideas
Netflix Could Add Over 6 Million Members in Q2
Here’s why Netflix looks poised to see its highest second-quarter member additions ever. …read more […]
Business News
Wall Street advances with help from technology, financials
NEW YORK (Reuters) – U.S. stocks rose on Thursday, as losses in shares of healthcare companies, battered by Amazon’s foray into drug retailing, were offset by gains in the technology and financial sectors.