Shares of Tesla Inc fell 7 percent on Friday after David Einhorn’s hedge fund Greenlight Capital slammed the electric carmaker, adding to losses sparked by CEO Elon Musk mocking the U.S. Securities and Exchange Commission on Twitter.
As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European Union, according to a new Reuters survey.
Whoever wins Brazil’s presidential race this month will inherit a fiscal straight jacket and a drifting economy in urgent need of repair – but will have no governing coalition in Congress to pass reforms.
The limousine involved in an upstate New York crash that killed 20 people over the weekend failed inspection last month, and its driver did not have the proper license to operate the vehicle, New York Governor Andrew Cuomo said on Monday.
The U.S. Securities and Exchange Commission accused Tesla Inc Chief Executive Elon Musk on Thursday of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potential…
World stock markets rallied on Thursday, with the Dow and S&P 500 setting new highs, while the U.S. dollar slipped as investors viewed this week’s fresh U.S. and Chinese tariffs on imports as less harsh than initially feared.
Japanese fashion billionaire Yusaku Maezawa’s first meeting with role model and SoftBank Group Corp boss Masayoshi Son came in 2010 when they bathed together – a popular communal activity in Japan – on the 26th floor of the tech giant’s headquarters.
Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as insurance against possible tougher U.S. sanctions, traders who deal with the firm told Reuters.
World shares hit their highest levels in more than six months on Friday as investors took the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared.
When Florence was raging last Friday on North Carolina’s Outer Banks, the hurricane tore a 40-foot (12-meter) chunk from a fishing pier that juts into the ocean at the state’s most popular tourist destination.