Business

The Houston Rockets could lose up to $25 million in revenue this season as the league deals with the aftermath of Daryl Morey’s tweet in support of Hong Kong, Space City Scoop reported. Preseason basketball […]

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Tesla’s quiet acquisition of a Canadian battery manufacturer may be the first significant indicator yet that the Silicon Valley EV builder plans to develop its own future battery tech, Green Car Reports writes. Over the […]

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The foreign ministers of Russia and the United States, Sergey Lavrov and Mike Pompeo, have confirmed their positive stance on the creation of a bilateral business advisory council, Russia’s Ambassador to the U.S Anatoly Antonov […]

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Tesla delivered “approximately 97,000” cars around the world in the third quarter of 2019, slightly edging out the previous record of 95,356 the company set in the second quarter, according to a press release issued […]

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Lucid Motors spent the last few years waiting to break ground on a brand-new factory in Casa Grande, Arizona, and the EV startup was finally able put things in motion late last year after it […]

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American farmers, who have been particularly hurt by President Donald Trump’s ongoing trade war with China, have protested the Trump administration’s biofuel waivers. The leaders of 23 corn grower organizations on Friday sent a letter […]

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The U.S. and Japan signed a trade-enhancement agreement on Wednesday aimed at lowering agricultural tariffs in Japan and industrial tariffs in the U.S., as well as at setting new digital trade rules pertaining to the […]

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Newly unsealed court documents show why a number of large Tesla investors, including some pension funds, believe its $2.6 billion acquisition of SolarCity in 2016 never should have happened, CNBC informed. The documents are an […]

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Oil fell on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restoration of Saudi oil output and by fresh signs of European economic weakness, Reuters/CNBC informs. A source, briefed on […]

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Apple on Friday will take the wraps off its latest and biggest store redesign: its Fifth Avenue location in New York, CNET reports. The new store, which is in the same location right off of […]

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London Stock Exchange took a swipe at rival Hong Kong Exchange on Friday, rejecting its $36.6 billion bid and questioning Hong Kong’s future as a financial gateway to China, The Wall Street Journal reported. Undeterred, […]

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The Hong Kong Exchange made an unexpected $36.6 billion bid for London Stock Exchange, a bold move that would upend the U.K. bourse’s combination with Refinitiv, Bloomberg reported. LSE’s board “remains committed to” the acquisition […]

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A Chinese oil contractor halted work on an expansion project in Venezuela because it hasn’t been paid, underscoring the difficulties for the Nicolas Maduro regime even at energy ventures backed by allies, Bloomberg reported. China […]

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The United States and China, the world’s two largest economies, are “already in the early stages,” says Niall Ferguson, a senior fellow at the Hoover Institution at Stanford University. Ferguson also said for CNBC that […]

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Retail giant Walmart has decided to stop selling ammunition for assault-style rifles and handguns, a decision that follows two deadly shootings at its stores in early August. Recent mass shootings have actualized the issue of […]

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Elon Musk is returning from China with a tax break for his electric car company. Chinese authorities announced on Friday that Tesla (TSLA) has won an exemption from a 10% purchase tax, which will reduce […]

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The Trump administration is working with Polish officials to take steps toward protecting the security of that country’s telecommunications systems, The Wall Street Journal reported. The administration is hopeful that Vice President Mike Pence will […]

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