October 24, 2018

Nasdaq confirms correction; S&P, Dow erases year’s gains

U.S. stocks tumbled again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and S&P 500’s gains for the year, as disappointing forecasts […]
October 24, 2018

New York sues Exxon for misleading investors on climate change risk

New York’s attorney general sued Exxon Mobil Corp, alleging that the energy company misled investors about the risks of climate change regulations on its business. Powered […]
October 24, 2018

U.S. new home sales near two-year low as mortgages rates rise

Sales of new U.S. single-family homes fell to a near two-year low in September and data for the prior three months was revised lower, the latest […]
October 24, 2018

Tesla hits near bottom in Consumer Reports reliability survey

Tesla Inc’s high-end Model S sedan lost its “recommended” rating and the electric carmaker slid overall by six spots to almost the bottom in Consumer Reports […]
October 24, 2018

Tesla may post profit with Model 3 surge, investors look for more

Chief Executive Elon Musk may post a long-promised profit when Tesla Inc reports third-quarter results later on Wednesday, as production of the Model 3 electric sedan […]
October 24, 2018

Wall Street drops as chipmakers fan corporate growth fears

U.S. stocks slid on Wednesday, continuing a brutal month, as weak forecasts from chipmakers fanned concerns over the impact of tariffs and China’s slowdown on corporate […]
October 24, 2018

Tesla may post profit with Model 3 surge, but is it repeatable?

When Tesla Inc posts third-quarter results on Wednesday, Chief Executive Elon Musk may show off a long-promised quarterly profit, as production of his Model 3 electric […]
October 24, 2018

Boeing tops profit estimates, takes further tanker charge

Boeing topped analysts’ forecasts for quarterly profit on Wednesday and raised its forecasts for annual profit per share by more than half a dollar as it […]
October 24, 2018

U.S. appeals court revives Nestle child slavery lawsuit

A U.S. federal appeals court on Tuesday reinstated a lawsuit by a group of former child slaves accusing the U.S. unit of Nestle SA, the world’s […]
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