U.S. funds look for ‘crazy cheap’ stocks as indexes hit record highs
Record highs in the U.S. stock market and the anticipation of equity-friendly interest rate cuts by the Federal Reserve later this year are prompting top-performing...
Volkswagen’s Traton sets price range for IPO at 27-28 euros a share
Volkswagen’s truck unit Traton narrowed the price range for its initial public offering (IPO) to between 27 euros ($30.74) and 28 euros a share, the...
Wall St. rises on tech gains, trade hopes
U.S. stocks rose on Wednesday as gains in chipmaker Micron boosted the technology sector and comments from Treasury Secretary Steven Mnuchin fueled hopes that the...
Trump says possible he may make trade deal with China’s Xi
U.S. President Donald Trump said on Wednesday it was possible he would emerge from a meeting with Chinese leader Xi Jinping this week with a...
Tesla’s senior production executive at Fremont facility quits: source
Tesla Inc’s vice president of production at its Fremont factory, Peter Hochholdinger, has left after three years with the electric-car maker, a source familiar with...
Turkey’s currency crisis is over, the pain isn’t
More than four and a half million people are unemployed in Turkey, where the official jobless rate stands above 14 percent, the highest in nearly...
U.S. manufacturing veterans launch ‘microfactories’ to assemble electronics
Bright Machines, a startup founded by a group of software and manufacturing executives, on Wednesday released its latest “microfactories” designed to automate the assembly of...
BlackBerry shares tumble on sales shortfall in largest business
Canada’s BlackBerry Ltd on Wednesday reported lower-than-expected sales for its biggest business, hurt by weak demand for its security software from firms and government agencies,...
Tesla’s top production executive at Fremont facility quits: source
Tesla Inc’s vice president of production at its Fremont factory, Peter Hochholdinger, has left after three years with the electric-car maker, a source familiar with...
Supreme Court applies limits to federal agency power
The U.S. Supreme Court on Wednesday constrained the power of federal agencies, scaling back a legal doctrine that called for judges to give agencies deference...