Reuters: Business News

Reuters News
  1. Tesla, Elon Musk win dismissal of lawsuit over Model 3 production
    A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla Inc shareholders alleging that the company made misleading comments about the production status of its Model 3.
  2. Asian shares shaky as U.S. bond yields hit lowest since late 2017
    Asian shares were shaky on Tuesday after U.S. Treasury yields sank to their lowest since late 2017, further below short-term interest rates and adding to fears of a U.S. recession.
  3. Vale reports Brazil state authorities freeze $765 million of its assets
    Brazilian state prosecutors and public defenders in the state of Minas Gerais have won a bid to freeze assets worth 2.95 billion reais ($765 million) belonging to Vale, which has been struggling since a lethal dam rupture at one of its mines, the...
  4. Trump foe Avenatti charged with trying to extort $20 million from Nike
    Attorney Michael Avenatti, who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged on Monday with what prosecutors said was an attempt to "shake down" Nike Inc for over $20 million.
  5. Samsung Electronics expects quarter one earnings to miss market forecasts
    Samsung Electronics said on Tuesday that it expects its first quarter earnings to fall short of market expectations as declines in its memory chip prices have increased.
  6. Apple spotlights services with TV, gaming and credit card offerings
    Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade.
  7. Apple News+, at $10 a month, could deliver more content than multiple subscriptions
    Apple Inc's Apple News+ service will offer content from 300 popular magazines and newspapers for just $10 a month. Unless you are wedded to print, it may be time to consider dumping your subscriptions.
  8. Ackman's fund zooms ahead as he casts himself as corporate helpmate
    For months, activist investor William Ackman promised to rebuild his record. Now he has some numbers to prove it.
  9. Boeing readies 737 MAX software fix as families wait for crash report
    Boeing Co will provide airlines that have bought the 737 MAX with free software upgrades, the U.S. manufacturer said on Monday, as Ethiopian Airlines told Reuters it expected a preliminary crash report this week or next.
  10. Boeing fix will prevent repeated activation of anti-stall system: sources
    A Boeing Co software fix for the grounded 737 MAX will prevent repeated operation of an anti-stall system at the center of safety concerns and deactivate it altogether if two sensors disagree widely, two people familiar with pilot briefings said.

Contact us

2690 S. White Rd #60 San Jose CA

  • (408) 401-1513