TOKYO (Reuters) – Asian stocks edged up on Wednesday after tech sector strength lifted Wall Street shares, while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs.
(Reuters) – Newspaper publisher Tronc Inc’s top shareholder said in a filing http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=254385&fid=15681381 on Wednesday that it had terminated the sale of a stake in the company after the prospective buyer, investor group McCormick Media, breached its obligations.
SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive Elon Musk said on Tuesday that a goal of building 5,000 Model 3s per week by the end of June was “quite likely” as the company’s production lines were now demonstrating the ability to build 3,500 vehicles per week.
Apple will reportedly add Live Listen technology to its AirPods later this year. The addition of Live Listen to the AirPods was first reported by TechCrunch earlier on Tuesday. The AirPods, which have been hailed as one of Apple’s greatest inventions in recent memory, will expand the reach of Live Listen, and let far more people take advantage of a potentially very handy feature. …read more […]
WASHINGTON (Reuters) – U.S. defense contractor Northrop Grumman won U.S. antitrust approval to buy solid rocket motor supplier Orbital ATK, Inc , with conditions, the Federal Trade Commission said on Tuesday.
(Reuters) – Tesla Inc Chief Executive Elon Musk said on Tuesday that a goal of building 5,000 Model 3s per week by the end of June was “quite likely” as the company’s production lines were now demonstrating the ability to build 3,500 vehicles per week.
(Reuters) – Tesla shareholders at an annual meeting on Tuesday re-elected three directors and voted against a proposal to split the chairman and chief executive jobs, both of which billionaire Elon Musk holds.
Amazon has signed a deal with Jordan Peele, the New York Times reports, that, …read more […]
(Reuters) – HP Inc now expects 4,500 to 5,000 employees to leave the company by the end of fiscal 2019 as part of an ongoing restructuring plan, the PC maker said on Tuesday.
The program is only available in Nashville and Philadelphia for now …read more […]
WASHINGTON (Reuters) – A coalition of retailers and restaurants on Tuesday asked the U.S. Congress to fix a “drafting error” in December’s tax-cut bill that they said is deterring companies from investing in their stores.
MEXICO CITY (Reuters) – Mexican telecommunications company America Movil, controlled by the family of Mexican billionaire Carlos Slim, is launching a U.S.-based unit that will offer information technology and communications to business customers, according to a source and a document on the company’s website.
(Reuters) – The Nasdaq closed at a record high for the second day in a row with help from the technology and consumer discretionary sectors, while the S&P 500 edged higher as investors eyed solid U.S. economic data.
OTTAWA (Reuters) – The Group of Seven leading industrial nations at its summit this week is poised to disagree over U.S. metals tariffs, which have infuriated Canada and European Union members of the bloc, a Canadian official said on Tuesday.
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