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Sunday, September 24, 2017
Tags Business

Tag: Business

Tesla Shares drops after Musk warns of ‘manufacturing hell’

SAN FRANCISCO - Shares of Tesla dropped 3.5 percent on Monday after Chief Executive Elon Musk warned that the electric carmaker would face "manufacturing...

Facebook quest beyond ads should top itinerary

NEW YORK - It’s time for Facebook to start looking beyond Madison Avenue. The social network beat profit estimates in the latest quarter as more brands...

Oil edges up, but still set for worst first half performance...

Oil edged up on Friday, recovering some of the steep falls earlier in the week, but crude is still set for the worst first-half...

Toshiba estimates bigger loss for past year on Westinghouse lawsuits

Toshiba Corp said on Friday it now estimates a bigger loss for the past year ended in March due to potential legal damages over...

Tesla moves a step closer to building electric cars in China

Tesla Inc took a step closer toward establishing an electric vehicle manufacturing plant in Chinawith its announcement on Thursday that it is in exploratory...

Exclusive – Fake online stores reveal gamblers’ shadow banking system

A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found. The...

Duterte gets pledge from AirAsia CEO Tony Fernandes to beef up...

President Rodrigo got a pledge from AirAsia CEO Tony Fernandes to expand operations in the Philippines in a show of faith and trust in...

Philippine central bank keeps policy rate unchanged, as expected

The Philippine central bank left its key overnight borrowing rate steady at 3.0 percent on Thursday, as expected, with inflation seen within its target...

Oil rises on prospect that output cut could extend beyond 2017

Oil prices rose on Monday as Saudi Arabia's energy minister said an OPEC-led production cut scheduled to end in June would likely be extended...

Banks, oil stocks weigh on Wall St., keep Dow from 20,000

The Dow Jones Industrial Average declined on Monday, retreating from the historic 20,000 mark, weighed down by banks and energy companies, while a gain...

Bitcoin extends losses, slides another 12 percent on China warning

Bitcoin plunged another 12 percent on Friday after China's central bank urged investors to take a rational approach to the digital currency, which has...

Dollar retreats from 14-year high, Swedish crown has best day in...

The dollar took a breather on Wednesday after reaching a 14-year high the previous day, while the Swedish crown chalked up its biggest rise...