May 2, 2019

Pepsi withdraws Indian potato farmer lawsuits after political pressure

PepsiCo Inc has agreed to withdraw lawsuits against Indian potato farmers it alleged infringed a patent by cultivating a variety grown exclusively for its Lay’s potato […]
May 2, 2019

Tesla ends ‘Spartan diet,’ seeks up to $2.3 billion from share, debt issues

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a “Spartan diet” and easing Wall Street concerns about the […]
May 2, 2019

Slide in energy stocks push Wall Street lower

Wall Street’s main indexes slipped on Thursday, as a slide in energy stocks added to the gloom after the Federal Reserve dampened expectations of an interest […]
May 2, 2019

Vegan burger maker Beyond Meat sizzles in market debut

Shares of vegan burger maker Beyond Meat Inc surged 84 percent in their market debut on Thursday, as investors look to cash in on the growing […]
May 2, 2019

Google spends hundreds of millions of dollars on content review: letter

Alphabet Inc’s Google unit told a U.S. House panel it spends hundreds of millions of dollars annually on content review and said it manually reviewed more […]
May 2, 2019

Exclusive: Tesla expects global shortage of electric vehicle battery minerals – sources

Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals in the near future due to underinvestment in the mining sector, the company’s […]
May 2, 2019

DowDuPont profit falls 28 percent on delayed shipments, weak chemical demand

DowDuPont Inc posted a 28 percent slump in quarterly profit on Thursday, as floods in the United States delayed seed shipments and demand for its specialized […]
May 2, 2019

Bombardier to shed Belfast in revamp, shares slide on forecast fears

Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker’s failure to commit to meeting […]
May 2, 2019

U.S. first-quarter productivity strongest since 2014, labor costs subdued

U.S. worker productivity increased at its fastest pace in more than four years in the first quarter, depressing labor costs and suggesting inflation could remain benign […]
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