BusinessNews

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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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

1 month 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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Ohio governor's conflicting COVID-19 tests raise backlash from skeptics of...

Ohio governor's conflicting COVID-19 tests raise backlash from skeptics of mask mandates

The Ohio governor's positive, then negative, tests for COVID-19 have provided fuel for skeptics of government pandemic mandates. Read more ...

Puerto Rico Halts Primary Voting For Centers That Never Received Ballots

Puerto Rico Halts Primary Voting For Centers That Never Received Ballots

Hundreds of frustrated voters were turned away from centers across Puerto Rico that never received ballots. Read more ...

Israeli jeweler makes $1.5m gold coronavirus mask

Israeli jeweler makes $1.5m gold coronavirus mask

An Israeli jewelry company is working on what it says will be the world's most expensive coronavirus mask, a gold, diamond-encrusted face covering with a price tag of $1.5 million. Read more ...

Researchers created a test to determine which masks are the least effective

Researchers created a test to determine which masks are the least effective

A group of researchers at Duke University created a simple technique to analyze the effectiveness of various types of masks, which have become a critical component in stopping... Read more ...

Poland urges EU to hold extraordinary summit on Belarus after Minsk clashes

Poland urges EU to hold extraordinary summit on Belarus after Minsk clashes

Poland on Monday called for an emergency European Union summit on the situation in Belarus after night clashes in Minsk following a presidential election in the country. “The... Read more ...

‘Collusion with foreign powers': Billionaire Hong Kong protest-backer Jimmy...

‘Collusion with foreign powers': Billionaire Hong Kong protest-backer Jimmy Lai detained, his Apple Daily offices searched

Billionaire media tycoon and Hong Kong protest-backer Jimmy Lai has been arrested on suspicion of “collusion with foreign powers.” Police also searched the offices of his Apple... Read more ...

Trump mocks NYT for ‘fake news' claim he wants his face on Mt. Rushmore, but...

Trump mocks NYT for ‘fake news' claim he wants his face on Mt. Rushmore, but says it ‘sounds like a good idea'

Donald Trump has denied a New York Times report suggesting that he inquired about updating Mount Rushmore to include his own face, but noted, perhaps jokingly, that he was open... Read more ...

Simon Cowell breaks back while testing electric bicycle

Simon Cowell breaks back while testing electric bicycle

Simon Cowell broke his back Saturday while testing his new electric bicycle at his home in California, according to a spokesperson. Read more ...

States on hook for billions under Trump's unemployment plan

States on hook for billions under Trump's unemployment plan

A plan from President Donald Trump to extend additional unemployment benefits requires states to provide 25% of the funds, and it's unclear whether states have the money or the... Read more ...

Blue Jackets advance with 3-0 Game 5 win over Maple Leafs

Blue Jackets advance with 3-0 Game 5 win over Maple Leafs

TORONTO - Joonas Korpisalo stopped 33 shots and the Columbus Blue Jackets advanced to the first round of the NHL playoffs with a 3-0 win over the Toronto Maple Leafs in a... Read more ...