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Musk disbands Tesla EV charging team, leaving customers in the dark
Reuters· 16 hours agoElon Musk's abrupt decision to lay off employees who ran Tesla's electric vehicle charging business...
The Agnellis’ risky Philips bet starts to pay off
Reuters· 13 hours agoJohn Elkann’s risky bet on Philips is starting to pay off. The Agnelli scion’s investment firm Exor spent nearly $3 billion on a 15% stake in the Dutch...
Incyte misses quarterly profit on weak sales of lead drug
Reuters· 1 day ago, opens new tab on Tuesday reported first-quarter profit below Wall Street estimates on weak sales of its blood cancer drug Jakafi, sending its shares down 2.4%. The company is working on strengthening ...
Tesla's California registrations down second quarter in a row, dealer data shows
Reuters· 2 days agoRegistrations of Tesla vehicles in California fell about 8% in the first quarter of 2024 for the...
Regulators told to be ready to handle failed clearing houses
Reuters· 7 days agoRegulators must equip themselves with tools such as "bail-in" bonds to deal quickly with a failed clearing house for stocks, bonds or derivatives without having to call on taxpayers for cash ...
Democratic AGs can defend SEC climate disclosure rule
Reuters· 2 days agoA U.S. appeals court on Monday ruled that 19 Democratic attorneys general can defend a new Biden...
EU decision on Lufthansa's ITA deal extended to June 13
Reuters· 2 days ago, opens new tab 325 million euro ($348.5 million) bid for a 41% stake in state-owned ITA by a week...
Lufthansa, ITA to give up 11 slots in Milan to get EU go ahead for tie-up - newspaper
Reuters· 4 days ago, opens new tab and Italian rival ITA will offer to cede 11 pairs of slots a day at Milan's Linate...
Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal
Reuters· 4 days ago, opens new tab diesel emissions scandal and the car manufacturer is no longer facing charges, the...
China's largest auto show showcases all-electric future, local brands dominate
Reuters· 6 days agoChina's largest auto show opened in Beijing on Thursday with the biggest names showing off their...