Tesla’s Model 3 earns insurance industry’s top safety rating
Tesla Inc’s Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to...
Asian shares turn lower on guarded Fed, yen rises after BOJ
Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy easings....
Asian shares edge higher after Fed, investors await BOJ
Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. Federal Reserve cut interest rates as expected but offered mixed...
Airbnb says second-quarter revenue topped $1 billion
Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in its...
Purdue Pharma seeks to halt opioid suits against company, Sacklers
OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company...
U.S. bankers seize on repo-market stress to push for softer liquidity rules
Big U.S. banks are using the recent chaos in short-term funding markets as an opportunity to pressure the Federal Reserve to ease liquidity requirements they...
Fed pumps more cash as key rate breaks above target
The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility...
AT&T, Dish not in talks over DirecTV deal: source
AT&T Inc and Dish Network Corp are not in discussions over a deal due to regulatory issues, a source familiar with the matter said on...
AT&T explores parting ways with DirecTV unit: Wall Street Journal
AT&T is exploring parting from its DirecTV unit, the Wall Street Journal reported on Wednesday, citing people familiar with the matter....
Parts shortage leads GM to lay off 1,200 temporarily in Canada
The strike against General Motors Co’s U.S. operations has led to a parts shortage, the automaker said on Wednesday, and as a result it announced...