BusinessNews

Tesla wants to start building a new U.S. vehicle plant this summer

24 days ago   |   Reuters   |   2 articles

Electric vehicle maker Tesla Inc wants to start building a new and large vehicle assembly plant in the southwestern United States as early as the third quarter of this year...
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Ford's redesigned F-150 pickup will offer greater connectivity, sleeper seat

24 days ago   |   Reuters

Ford Motor Co next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a machine...
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LATAM Airlines says operations to plunge 50% by year's end

24 days ago   |   Reuters

LATAM Airlines Chief Executive Roberto Alvo said on Thursday he expects the region´s largest carrier to be operating at half of pre-pandemic levels by the end of 2020, and that...
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S&P 500 muted as virus cases rise, jobless claims weigh

24 days ago   |   Reuters   |   2 articles

The S&P 500 was little changed on Thursday as coronavirus infections picked up again in parts of the United States and data showed an elevated level of weekly jobless claims...
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Trump to nominate lawyer Crenshaw to serve as Democratic SEC commissioner

24 days ago   |   Reuters

The White House announced on Thursday that President Donald Trump intends to nominate Caroline Crenshaw to fill a Democratic vacancy at the U.S. Securities and Exchange...
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Wirecard investor DWS says has sold down position, considering legal action

24 days ago   |   Reuters

Asset manager DWS, the fund management arm of Deutsche Bank, said it has further sold down its position in embattled German technology company Wirecard and was considering...
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Kroger says demand easing after coronavirus stockpiling

24 days ago   |   Reuters

U.S. supermarket chain Kroger Co stopped short of raising its annual forecasts on Thursday, saying a coronavirus-driven surge in demand for essential goods was fading as...
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S&P 500, Dow muted as virus cases rise, jobless claims weigh

24 days ago   |   Reuters   |   2 articles

The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an...
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Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say

24 days ago   |   Reuters

State oil giant Saudi Aramco started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces...
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World stock markets slip on second wave virus fears, safe-havens rise

24 days ago   |   Reuters

Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the...
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Multiple investigations after social media video of Allentown police...

Multiple investigations after social media video of Allentown police kneeling on man sparks protest

A video of a Pennsylvania police officer kneeling on a man has sparked outrage on social media, a protest and an investigation. Read more ...

Zindzi Mandela, daughter of Nelson and Winnie, dead at 59

Zindzi Mandela, daughter of Nelson and Winnie, dead at 59

JOHANNESBURG - Zindzi Mandela, the daughter of South African anti-apartheid leaders Nelson Mandela and Winnie Madikizela-Mandela, has died aged 59. State television South... Read more ...

Tit for tat: China blacklists US Senators Rubio, Cruz & other officials in...

Tit for tat: China blacklists US Senators Rubio, Cruz & other officials in response to sanctions over Xinjiang

Beijing has placed sanctions on several US officials, including hawkish Republican Party Senators Marco Rubio and Ted Cruz. China said the move was made in response to US... Read more ...

US Navy amphibious assault ship catches fire in San Diego, explosion &...

US Navy amphibious assault ship catches fire in San Diego, explosion & injuries reported

The USS Bonhomme Richard has caught fire at a naval base in San Diego. Footage from the scene shows a large plume of smoke emitting from under the ship's deck; at least one... Read more ...

Kelly Preston, actor and wife of John Travolta, dies at 57

Kelly Preston, actor and wife of John Travolta, dies at 57

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Catalonia's leader calls on citizens to follow home confinement orders...

Catalonia's leader calls on citizens to follow home confinement orders despite Spanish judge's bar on lockdown

The leader of Spain's Catalonia Quim Torra has called on the residents of the city of Lleida to follow his government's home confinement orders, after a rise in coronavirus... Read more ...

Manchester City overturns 2-year ban from Champions League

Manchester City overturns 2-year ban from Champions League

GENEVA - Manchester City successfully overturned its two-year ban from the Champions League on Monday in a surprising legal victory. Read more ...

City's court win intensifies top-4 race in Premier League

City's court win intensifies top-4 race in Premier League

Manchester City's success in overturning its Champions League ban on Monday has huge ramifications on the Premier League and the remaining two teams that will qualify for... Read more ...

Rajon Rondo injury update: Lakers guard out 6-8 weeks with broken thumb

Rajon Rondo injury update: Lakers guard out 6-8 weeks with broken thumb

LA will be without a key reserve for its seeding games and part of the playoffs. Read more ...

New survey on Hong Kong security law shows business has concerns-but isn't...

New survey on Hong Kong security law shows business has concerns-but isn't taking action

The new national security law in Hong Kong is worrying the city's business community. Seventy-six percent of respondents to a new survey conducted by the American Chamber of... Read more ...