October 26, 2018

Tesla says has not received subpoena on Model 3 production

Tesla Inc has not received a U.S. subpoena related to its Model 3 production forecasts, the electric carmaker said on Friday, following a report that it […]
October 26, 2018

Microsoft overtakes Amazon as second most valuable U.S. company

Microsoft Corp regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com wiped $65 billion off the […]
October 26, 2018

Wells Fargo hit with lawsuit over robocalls to wrong numbers

A proposed class action lawsuit in San Francisco federal court accuses Wells Fargo of making tens of thousands of automatically dialed, or “robo,” calls to cell […]
October 26, 2018

Global oil pricing worries hit U.S. energy shares as earnings loom

Worries over global oil pricing and pipeline constraints are hanging over the energy sector as U.S. companies begin to report quarterly results, with many producers’ shares […]
October 26, 2018

Exclusive: Airbus to name outsider after board hastened CFO’s exit – sources

Airbus is close to naming an outsider to replace finance chief Harald Wilhelm after board moves to overhaul top management in response to a corruption probe […]
October 26, 2018

Wall Street resumes selloff; S&P flirts with correction

U.S. stocks resumed their selloff on Friday, with the S&P poised to join the Nasdaq in correction territory, sparked by grim earnings reports from Alphabet and […]
October 26, 2018

‘Fortnite’ creator Epic Games raises $1.25 billion from KKR, others

Epic Games, creator of popular online video game “Fortnite”, said on Friday it received $1.25 billion in funding from investors, including KKR & Co Inc , […]
October 26, 2018

Long-term care policies loom over U.S. life insurance results

Big U.S. life insurers are bracing for elevated payouts to owners of long-term care policies, which cover expenses like assisted living for infirmed and elderly customers. […]
October 26, 2018

Wall St sinks as Amazon, Alphabet earnings spark growth concerns

U.S. stocks plunged on Friday as grim earnings reports from Amazon and Alphabet rekindled a rush to dump technology and high-growth stocks, but data showing economic […]
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