June 19, 2018

CEO Musk emails staff alleging employee ‘sabotage’

SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted “extensive […]
June 19, 2018

U.S. oil pipeline companies, producers seek relief from steel tariffs

HOUSTON (Reuters) – Major U.S. energy companies including Plains All American Pipeline , Hess Corp and Kinder Morgan Inc are among many seeking exemptions from steel-import […]
June 19, 2018

Intel has paths around Trump’s China tariffs, analysts say

(Reuters) – Intel Corp, the world’s biggest chipmaker by revenue and a prominent U.S. manufacturer, could avoid the most severe effects of a new list of […]
June 19, 2018

Young at heart? Mercedes cultivates its aging workforce

BERLIN (Reuters) – Too slow, inflexible, forgetful, always off sick. Those are some attitudes about older workers that carmaker Mercedes-Benz is trying to dispel as Germany […]
June 19, 2018

OPEC sees strong oil market, possible need for more output

VIENNA (Reuters) – Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the […]
June 19, 2018

China slams U.S. ‘blackmailing’ as Trump issues new trade threat

BEIJING/WASHINGTON (Reuters) – U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods and Beijing warned it would retaliate, […]
June 19, 2018

Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources

HONG KONG/SHANGHAI (Reuters/IFR) – Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion following its decision to delay its […]
June 19, 2018

Audi to resume crisis talks after CEO arrest: sources

MUNICH (Reuters) – Audi’s board of directors will resume talks on Tuesday to address a leadership crisis at Volkswagen’s most profitable brand, sources familiar with the […]
June 19, 2018

Roche pays $2.4 billion for rest of cancer expert Foundation Medicine

ZURICH/LONDON (Reuters) – Swiss drugmaker Roche is paying $2.4 billion to buy the rest of Foundation Medicine (FMI) , raising its bet on the U.S. genomic […]
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