Huawei will build its first European manufacturing plant in France, the chairman said on Thursday, as the Chinese telecom giant seeks to ease worldwide concerns stoked by U.S. charges that Beijing could use its equipment for spying.
Opening statements began on Thursday in criminal charges against the U.S. arm of a French company and three executives over chemical fires that burned for days and injured emergency workers called to the site.
Shares of Tesla Inc fell as much as 14% on Thursday on concerns about the impact of the coronavirus on the electric-car maker’s vehicle registrations in China.
Data from LMC Automotive showed that 3,563 Tesla vehicles were registered in China in January, up from 853 vehicles a year earlier, but down from the 6,613 vehicles registered in December. Tesla registrations fluctuate significantly from month to month, LMC data showed. In October 2019, Tesla owners registered just 763 vehicles, LMC data showed. …read more […]
Data from LMC Automotive showed that 3,563 Tesla vehicles were registered in China in January, up from 853 vehicles a year earlier, but down from the 6,613 vehicles registered in December. Tesla registrations fluctuate significantly from month to month, LMC data showed. In October 2019, Tesla owners registered just 763 vehicles, LMC data showed. …read more […]
The 2020 Democrats have been putting forth a range of ideas to combat the coronavirus in recent days. On Thursday, Elizabeth Warren announced perhaps the most novel one. …read more […]
The 2019 coronavirus or COVID-19 has infected over 82,000 people globally and roiled financial markets. Some are concerned and others view this as an overreaction. Here’s what they’re saying. …read more […]
DoorDash Inc, the loss-making U.S. food delivery startup backed by SoftBank Group Corp , said on Thursday it has filed for an initial public offering (IPO), setting it up to be one of the most high-profile listings of 2020.
Oil prices fell for a fifth straight day on Thursday, plunging to their lowest levels since January 2019 as more new coronavirus cases outside China fanned fears that a pandemic could slow the global economy.
Wall Street’s main indexes tumbled nearly 2% on Thursday and confirmed a correction that began last week, as the rapid spread of the coronavirus outside China intensified fears about the hit to economic growth and corporate earnings.
Starbucks Corp said on Thursday 85% of its stores in China were open, weeks after the coffee chain shut nearly half of its over 4,000 stores in the world’s second-largest economy due to the coronavirus outbreak.
In an effort to help prevent a shortage of medical supplies, Home Depot has announced it will be limiting the amount of masks a single person can buy. Yahoo Finance’s Melody Hahm joins the On The Move panel to discuss the details. …read more […]
The U.S. economy grew moderately in the fourth quarter, the government confirmed on Thursday, and is facing a bumpy road in early 2020 amid the fast-spreading deadly coronavirus that has roiled financial markets.
Contracts to buy previously owned U.S. homes rebounded in January to their second-highest monthly figure in about two years as low mortgage rates boosted sales.
Activist guru further reduces Pershing Square’s Chipotle position Continue reading… …read more […]
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