Tesla Model 3 to go into production in 2017: CEO Musk...

The Tesla logo of a parked vehicle is pictured as people wait in line near a Tesla Motors store to place deposits on the electric car company's mid-priced Model 3 which is expected to cost around $35,000 in Pasadena,...
Views
438
01 April 2016, 8:40

Exclusive: Anbang partner says Starwood bid was dropped to avoid long battle...

A man walks into the 'W London' hotel, owned by Starwood Hotels, in Leicester Square in central London March 4, 2014. BEIJING China's Anbang Insurance Group Co walked away from its planned $14 billion offer for Starwood...
Views
227
01 April 2016, 8:40

Exclusive: Boeing takes spare-part making from Spirit AeroSystems...

The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. NEW YORK Boeing Co (BA.N) said it is ending an agreement with one of its largest suppliers, Spirit AeroSystems Holdings Inc...
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424
01 April 2016, 6:21

Market volatility pummels equity deals to lowest in seven years: data...

Traders work on the floor of the New York Stock Exchange (NYSE) March 16, 2016. LONDON/HONG KONG Worldwide share issues slumped to a seven-year low in the first quarter of the year, as market volatility claimed the...
Views
136
01 April 2016, 4:01

Nasdaq readies 'Ocean' dark pool for banks and brokerages...

The Nasdaq logo is displayed at the Nasdaq Market site in New York September 2, 2015. NEW YORK Nasdaq Inc is in negotiations with several brokers to host and run their private stock trading venues, or dark pools, within...
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293
01 April 2016, 3:20

MetLife ruling bolsters other firms arguing systemic unimportance...

The MetLife building is seen in New York, March 8, 2010. NEW YORK A federal judge's ruling that MetLife Inc is not important enough to warrant special regulatory scrutiny has opened the door for other non-bank financial...
Views
466
01 April 2016, 3:20

China's Anbang abandons bid to buy Starwood Hotels: sources...

A woman walks past the 'W London' hotel, owned by Starwood Hotels, in Leicester Square in central London March 4, 2014. China's Anbang Insurance Group Co has abandoned its bid for Starwood Hotels & Resorts Worldwide Inc...
Views
601
01 April 2016, 1:21

AIG CEO says MetLife 'too big to fail' ruling an opportunity...

The MetLife building is seen in New York, March 8, 2010. A judge's ruling that MetLife Inc (MET.N) is not "too big to fail" opens up an opportunity for insurer American International Group Inc (AIG.N) to seek an...
Views
532
31 March 2016, 23:23

U.S. judge rejects Lehman workers' claims on stock awards...

Pedestrians walk past a Lehman Brothers sign in New York, in this June 19, 2008 file photo. NEW YORK Former senior employees of Lehman Brothers Holdings Inc [LEHLO.UL] who once commanded seven-figure pay packages failed...
Views
331
31 March 2016, 21:40

Exclusive: Uber will use Progressive Insurance to cover Texas drivers...

An Uber sign points to drop off and pick up location on a city street in Portland, Oregon March 19, 2016. Uber Technologies Inc [UBER.UL] will use Progressive Insurance to provide coverage for drivers in Texas beginning...
Views
133
31 March 2016, 21:40

Ford issues three recalls, including one that led to two fires...

A woman has a drink as she walks past a logo of carmaker Ford at the entrance to a media event for the launch of a concept car in Sydney August 13, 2013. DETROIT Ford Motor Co (F.N) said on Thursday it will conduct...
Views
381
31 March 2016, 20:40

Valeant directors, CEO ordered to cease trading shares...

The headquarters of Valeant Pharmaceuticals International Inc., seen in Laval, Quebec November 9 2015. Valeant Pharmaceuticals International Inc's (VRX.TO) directors and key officers have received a cease-trade order by...
Views
512
31 March 2016, 20:40

Foxconn's $3.5 billion bet to keep up with Apple...

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in New Taipei City, Taiwan March 29, 2016. SEOUL With its acquisition of Japan's Sharp Corp (6753.T),...
Views
188
31 March 2016, 18:41

Futures flat as turbulent quarter draws to close...

Traders work on the floor of the New York Stock Exchange (NYSE) March 28, 2016. U.S. stock index futures were little changed on Thursday, the last day of a turbulent first quarter for financial markets as investors fled...
Views
587
31 March 2016, 18:41

GE Capital asks U.S. government to lift 'too big to fail' designation...

A General Electric refrigerator is seen on sale at an appliance store in Westminster, Colorado January 15, 2016. WASHINGTON General Electric Co's (GE.N) GE Capital financing arm on Thursday asked the U.S. government to...
Views
212
31 March 2016, 16:40