[ad_1] GM and Fiat Chrysler unmasked as secret cash source of Tesla Bloomberg For years, Tesla Inc. has earned revenue by selling credits to other automakers to offset sales of polluting vehicles to US consumers. These types of transactions have been largely hidden in secrecy – until now. General Motors Co. and Fiat Chrysler Automobiles … Read more
[ad_1] The founder and CEO of Facebook, Mark Zuckerberg. Chesnot | Getty Images Discover the companies that make headlines Monday noon: Alphabet, Facebook – Alphabet shares have lost more than 6% of news after the Justice Department was preparing an antitrust lawsuit against Google. According to some sources, the survey would examine the search practices … Read more
[ad_1] Tron Founder and CEO (TRX), Justin Sun, won a charity auction on eBay for a luncheon with Berkshire Hathaway's famous investor and CEO, Warren Buffett. The news was revealed in a press release communicated to Cointelegraph on 3 June. Sun reportedly sold a record $ 4,567,888 to win Warren Buffett's charity auction for the … Read more
[ad_1] After hundreds of people angry over a price increase requested by Duke Energy attended public meetings and the regulators criticized the utility as "deaf tonic" and by senior executives as being overpaid, a tariff increase considerably lower than that requested came into effect on June 1. Last year, the initial request was for an … Read more
[ad_1] The Federal Reserve is worried about inflation: Fifteen years ago, Japan faced a problem: lower inflation, near-zero interest rates and limited ability to generate higher prices. Five years ago, Europe faced the same challenge. The concern that haunts Federal Reserve officials is that they will be caught in a similar trap over the next … Read more
[ad_1] By Lawrence Hurley WASHINGTON (Reuters) – The US Supreme Court decided Monday to decide whether managers of an IBM Corp. employee pension fund who had invested in shares of the company could be sued in court for failing to reveal that his microelectronics business was overvalued. Judges will hear an appeal by the IBM … Read more
[ad_1] Facebook shares fell by more than 8% on Monday following a Wall Street Journal publication that the FTC would be able to examine the effect of Facebook's practices on the digital competition. The actions of other tech giants have taken a hit on similar concerns. Amazon shares were down more than 4% on Monday … Read more
[ad_1] WASHINGTON – The Federal Trade Commission will conduct any antitrust investigation on Facebook Inc. as part of an agreement granting the Department of Justice Google's general oversight over Alphabet Inc., while the US government is preparing to take a close look at the country's leading technology companies. The FTC obtained the right to open … Read more
[ad_1] Chipotle Mexican Grill said its costs for 2019 could increase by about $ 15 million this year if President Donald Trump's proposed tariffs on Mexican imports were passed, which could result in higher prices. "If rates became permanent, we would seek to offset these costs through other efforts to improve the margin already underway," … Read more
[ad_1] Authorities confirmed that an American Airlines plane bound for Pittsburgh from LaGuardia Airport had had to return to his door in New York, the official confirmed. The attack of the bird was detected at takeoff at 8:11. 25 h The American Airlines maintenance team assesses the aircraft. "We never want to disrupt our customers' … Read more