WASHINGTON: Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals in the near future due to underinvestment in the mining sector, the company's global supply manager for battery metals told an industry conference on Thursday, according to two sources. The ...
TV broadcaster and media company CBS Corp fell short of analysts' estimates for first-quarter revenue on Thursday, hit by a drop in content licensing and distribution sales.
NEW YORK: Wall Street stocks sagged on Thursday (May 2) for a second straight session, with weakness in petroleum-linked shares dragging the market further below records earlier in the week. The Dow Jones Industrial Average dropped 122.35 points (0.46 per cent) to 26,307.79. The broad-based S&P ...
A small cut to an interest rate little known beyond Wall Street could lead to a big payoff for the Federal Reserve's most important asset: its credibility.
Several major Occidental Petroleum Corp shareholders have voiced opposition to the oil company's US$38 billion bid for rival Anadarko Petroleum Corp that now includes a pricey financing deal with billionaire Warren Buffett.
Verizon Communications Inc is seeking a buyer for its blogging website Tumblr, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Jurors on Thursday said they had reached a verdict in the trial of the founder of Insys Therapeutics Inc and four colleagues accused of bribing doctors to prescribe an addictive painkiller, helping to drive the U.S. opioid drug abuse crisis.
PepsiCo Inc will withdraw its lawsuits against a number of Indian potato farmers accused of infringing its patent, the company said on Thursday.
NEW YORK: Shares of vegan burger maker Beyond Meat Inc surged 84 percent in their market debut on Thursday, as investors look to cash in on the growing popularity of plant-based meat alternatives. The stock opened at US$46, well above its IPO price of US$25, giving Beyond Meat a...
Alphabet Inc's Google unit told a U.S. House panel it annually spends hundreds of millions of dollars on content review and said it manually reviewed over 1 million suspected "terrorist videos" on YouTube in the first three months of 2019.
