The National Transportation Safety Board said Tuesday a Tesla Model S was in Autopilot mode when it struck a fire truck in Culver City, California — one of a series of crashes the board is investigating involving Tesla’s driver assistance system.
Austrian sensor specialist AMS made a 4.3 billion euro($4.8 billion) counter-offer for larger German lighting group Osram on Tuesday, raising the prospect of a bidding war with private equity duo Bain Capital and Carlyle .
U.S. stocks fell on Tuesday as data showed factory activity contracted for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world’s largest economy into recession.
Warren Buffett has achieved tremendous investment success in his 89 years. Many people attribute his success to hard work and dedication.
Today, Nicholas Vardy explains why it comes down to luck more than anything else.
Last week, Warren Buffett celebrated his 89th birthday.
That makes the Oracle of Omaha just 18 days younger than the other great investor of his generation, global speculator George Soros.
Over his 89 years, Warren Buffett became the third-richest person in the world, worth an estimated $79.7 billion. (Soros is far poorer, clocking in at $8.3 billion. But he has given away more than $30 billion since the late …read more […]
Oil prices fell on Tuesday, with U.S. crude futures down more than 3%, weighed by manufacturing data that raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.
Wall Street lost ground and the U.S. dollar strengthened to its highest level in more than two years on Tuesday as trade worries persisted and U.S. factory activity entered contraction territory for the first time since February 2016.
Wall Street fell on Tuesday after data showed U.S. manufacturing sector contracted for the first time since 2016 in August, adding to fears that a protracted U.S.-China trade war could tip the world’s largest economy into recession.
U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining as trade tensions weighed on business confidence, which could renew fears of a sharp economic slowdown.
U.S. President Donald Trump said on Tuesday that trade talks between the United States and China were going well, though he warned that he would be “tougher” in negotiations if the discussions drag on until his second term.
Austrian sensor specialist AMS launched a bid for Germany’s Osram on Tuesday, valuing it at 4.3 billion euros ($4.8 billion) including debt and beating an offer from private equity firms Bain Capital and Carlyle .
Italian broadcaster Mediaset’s plan to reorganize its businesses as part of a pan-European growth strategy is set to be approved by shareholders on Wednesday, despite opposition from the group’s second biggest investor, Vivendi .
The United Auto Workers union on Tuesday said that it would target General Motors Co first of the Detroit automakers for talks ahead of the current four-year contract’s expiration on Sept. 14.
Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a countrywide launch set for November, Marfrig said in a statement on Tuesday.
A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.
ECB policymakers are leaning toward a stimulus package that includes a rate cut, a beefed-up pledge to keep rates low for longer and compensation for banks over the side-effects of negative rates, five sources familiar with the discussion said.
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