BusinessNews

Tesla wants to start building a new U.S. vehicle plant this summer

1 month ago   |   Reuters   |   2 articles

Electric vehicle maker Tesla Inc wants to start building a new and large vehicle assembly plant in the southwestern United States as early as the third quarter of this year...
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Ford's redesigned F-150 pickup will offer greater connectivity, sleeper seat

1 month ago   |   Reuters

Ford Motor Co next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a machine...
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LATAM Airlines says operations to plunge 50% by year's end

1 month ago   |   Reuters

LATAM Airlines Chief Executive Roberto Alvo said on Thursday he expects the region´s largest carrier to be operating at half of pre-pandemic levels by the end of 2020, and that...
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S&P 500 muted as virus cases rise, jobless claims weigh

1 month ago   |   Reuters   |   2 articles

The S&P 500 was little changed on Thursday as coronavirus infections picked up again in parts of the United States and data showed an elevated level of weekly jobless claims...
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Trump to nominate lawyer Crenshaw to serve as Democratic SEC commissioner

1 month ago   |   Reuters

The White House announced on Thursday that President Donald Trump intends to nominate Caroline Crenshaw to fill a Democratic vacancy at the U.S. Securities and Exchange...
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Wirecard investor DWS says has sold down position, considering legal action

1 month ago   |   Reuters

Asset manager DWS, the fund management arm of Deutsche Bank, said it has further sold down its position in embattled German technology company Wirecard and was considering...
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Kroger says demand easing after coronavirus stockpiling

1 month ago   |   Reuters

U.S. supermarket chain Kroger Co stopped short of raising its annual forecasts on Thursday, saying a coronavirus-driven surge in demand for essential goods was fading as...
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S&P 500, Dow muted as virus cases rise, jobless claims weigh

1 month ago   |   Reuters   |   2 articles

The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an...
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Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say

1 month ago   |   Reuters

State oil giant Saudi Aramco started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces...
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World stock markets slip on second wave virus fears, safe-havens rise

1 month ago   |   Reuters

Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the...
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Chasm grows between President Trump and government coronavirus experts

Chasm grows between President Trump and government coronavirus experts

Until recently, the medical experts on the White House coronavirus task force have walked a tightrope. But as deaths and infections surge, a divide has been growing between the... Read more ...

Navy finds human remains on sunken Marine tank off Southern California

Navy finds human remains on sunken Marine tank off Southern California

The Navy on Tuesday located an amphibious tank that sank off the Southern California coast last week and is preparing to recover the human remains of troops believed to have... Read more ...

President Trump signs $3B-a-year plan to boost conservation, parks

President Trump signs $3B-a-year plan to boost conservation, parks

Supporters say the act is the most significant conservation legislation enacted in nearly half a century. Opponents countered that the money isn't enough to cover the estimated... Read more ...

'Save Space Camp' drive pulls in more than $1 million in days after pandemic...

'Save Space Camp' drive pulls in more than $1 million in days after pandemic losses threaten closure

A fundraising drive launched to help the U.S. Space and Rocket Center and Space Camp through the coronavirus pandemic has pulled in more than $1.1 million in just a few days. Read more ...

Progressive Activist Cori Bush Projected To Oust Longtime Missouri Rep. Lacy...

Progressive Activist Cori Bush Projected To Oust Longtime Missouri Rep. Lacy Clay

Rep. William Lacy Clay has represented the state's 1st Congressional District, around St. Louis, since 2001. Read more ...

Explosion in Beirut: Photos From a City Still Reeling From the Blast

Explosion in Beirut: Photos From a City Still Reeling From the Blast

A massive explosion rocked the capital city of Lebanon on Tuesday, causing widespread destruction and loss of life. So far, at least 60 people were killed in the blast and over... Read more ...

Beijing complains to US about health chief Azar's visit to Taiwan, highest...

Beijing complains to US about health chief Azar's visit to Taiwan, highest official since 1979

China has lodged stern representations with the United States over the upcoming visit of US Secretary of Health and Human Services Alex Azar to Taiwan, the Foreign Ministry in... Read more ...

Massive explosion shakes Lebanon's capital Beirut

Massive explosion shakes Lebanon's capital Beirut

Local news reported multiple people were wounded in the incident. Read more ...

Abreu, White Sox edge Brewers 3-2 for 6th straight victory

Abreu, White Sox edge Brewers 3-2 for 6th straight victory

MILWAUKEE - These don't appear to be the same old Chicago White Sox that have stumbled through seven consecutive losing seasons. Read more ...

Death toll from Beirut blast rises to 100, more victims remain under rubble...

Death toll from Beirut blast rises to 100, more victims remain under rubble - Lebanese Red Cross chief

The death toll from the powerful explosions in Lebanon's capital Beirut has grown to 100 and could increase even more, the head of the Lebanese Red Cross has warned. Lebanese... Read more ...