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Updated: 4 hours 20 min ago

Tesla shares skid after first-quarter deliveries disappoint

Thu, 04/04/2019 - 8:43am
Tesla Inc shares fell 11 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by waning demand for its luxury Model S and X vehicles, added to worries about the electric-car maker's finances.

Factbox: How much patience is left? EU prepares for April 10 Brexit summit

Thu, 04/04/2019 - 8:37am
With Britain still feverishly discussing its Brexit plans, the other 27 European Union states are preparing their joint stance for a top-level summit with British Prime Minister Theresa May on Wednesday.

U.S. weekly jobless claims fall to lowest level since 1969

Thu, 04/04/2019 - 8:28am
The number of Americans filing applications for unemployment benefits fell to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth.

Tesla's Elon Musk to square off with SEC in court at contempt hearing

Thu, 04/04/2019 - 8:25am
Lawyers for Tesla Inc Chief Executive Elon Musk will argue on Thursday that he did not violate a fraud settlement with the U.S. Securities and Exchange Commission and should not be held in contempt, the latest twist in a high-profile battle between the billionaire and the government.

Factbox: Elon Musk, unabridged, on Twitter

Thu, 04/04/2019 - 8:25am
Tesla Inc Chief Elon Musk is a prolific tweeter, and on Thursday, a judge will decide whether a Feb. 19 tweet Musk sent violated a 2018 fraud settlement with the U.S. Securities and Exchange Commission.

Tesla's junk bond slammed on car deliveries miss; CDS cost surges

Thu, 04/04/2019 - 8:20am
The price for Tesla Inc's $1.8 billion junk bond fell by the most in seven months and the cost to insure its debt against default surged on Thursday after a bigger-than-expected drop in first-quarter deliveries.

New clues emerge of accused New Zealand gunman Tarrant's ties to far right groups

Thu, 04/04/2019 - 7:39am
From its clubhouses in Melbourne and Sydney, the Lads Society promotes drug-free living and exercise, as well as "white resistance" and Islamophobia, according to online statements and interviews with two of its leaders.

Rage within the machine: Brexit headline blizzard overloads FX algos

Thu, 04/04/2019 - 7:13am
Brexit is so confusing it's even confounding the robots.

Target raises minimum wage to $13 an hour in tight labor market

Thu, 04/04/2019 - 7:08am
Target Corp will raise its U.S. minimum wage to $13 an hour in June, from $12 currently, increasing its payroll costs and putting new pressure on rival Walmart Inc to attract retail workers in a tight labor market.

Ethiopian Airlines says plane repeatedly nose-dived before crash

Thu, 04/04/2019 - 6:51am
Ethiopian Airlines flight 302 repeatedly nose-dived before it crashed, a statement from the airline said, citing the preliminary report into the March 10 crash that was released on Thursday.

Tesla deliveries drop due to challenges shipping to Europe and China

Wed, 04/03/2019 - 9:08pm
Tesla Inc deliveries fell 31 percent in its first quarter as the electric car maker struggled with its first shipments of the Model 3 sedan to Europe and China due to longer transit times.

U.S. House committee seeks Trump tax returns from IRS

Wed, 04/03/2019 - 9:08pm
The Democratic head of a powerful U.S. House committee asked the Internal Revenue Service for six years of President Donald Trump's personal and business tax returns on Wednesday, in a long-awaited move widely expected to lead to a long court battle with the White House.

U.S. senators want stiff sanctions to deter Russia election meddling

Wed, 04/03/2019 - 8:56pm
U.S. Republican and Democratic senators introduced legislation on Wednesday seeking to deter Russia from meddling in U.S. elections by threatening stiff sanctions on its banking, energy and defense industries and sovereign debt.

Teen says he is Illinois child missing for eight years

Wed, 04/03/2019 - 8:24pm
Hopes were raised on Wednesday that an Illinois boy missing since 2011 may have been found in Kentucky, after local police agencies were asked to help track down a teen's claim that he is Timmothy Pitzen, who was last seen with his mother eight years ago.

Ethiopia to issue first Boeing investigation report on Thursday

Wed, 04/03/2019 - 8:00pm
Investigators will release on Thursday a keenly awaited report on the deadly crash of an Ethiopian Airlines jet, Ethiopia's Transport Ministry said, giving the first official clues to the second crash of a new Boeing 737 MAX in five months.

Asian shares near eight-month highs, eyes on U.S.-China talks

Wed, 04/03/2019 - 7:45pm
Asian shares paused near an eight-month peak on Thursday as investors awaited developments on trade talks between the United States and China, who appear closer to signing a deal, nudging bond yields higher globally and softening the safe-haven yen.

Felicity Huffman, Lori Loughlin warned about discussing U.S. college scam with their kids

Wed, 04/03/2019 - 7:45pm
A federal judge on Wednesday warned parents charged in the largest college admissions scandal in U.S. history, including actresses Felicity Huffman and Lori Loughlin, to be careful discussing the case with their children, who are potential witnesses.

Detained again, Nissan ex-chief Ghosn says arrest is 'outrageous'

Wed, 04/03/2019 - 7:32pm
Japanese prosecutors arrested ousted Nissan Motor Co boss Carlos Ghosn for a fourth time on Thursday, on what media reports said was a new case over improper payments made by the automaker to a dealer in Oman under his watch.

Democrats in Congress authorize subpoenas for Trump-Russia report, legal battle looms

Wed, 04/03/2019 - 6:19pm
U.S. congressional Democrats on Wednesday authorized a powerful committee chairman to subpoena Special Counsel Robert Mueller's full report on Russia's role in the 2016 election, moving closer to a legal clash with President Donald Trump's administration.

Labour's Corbyn says Theresa May has not moved enough on Brexit

Wed, 04/03/2019 - 6:04pm
Opposition Labour leader Jeremy Corbyn said on Wednesday that Prime Minister Theresa May had not moved far enough in a first round of crisis talks aimed at breaking the domestic deadlock over Britain's exit from the European Union.