FILE PHOTO: A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes, France, June 20, 2018. REUTERS/Eric Gaillard(Reuters) - Facebook Inc’s potential settlement with U.S. regulators over breaches of consumer data privacy is nearing completion, and the agreement will likely include its...
SAN FRANCISCO (Reuters) - Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday. FILE PHOTO: Tesla CEO Elon Musk leaves Manhattan...
FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, at the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking/File Photo/File Photo(Reuters) - Berkshire Hathaway Inc has been buying shares of Amazon.com Inc, according to Chief Executive Officer Warren Buffett, CNBC reported on...
(Reuters) - Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a “Spartan diet” and easing Wall Street concerns about the money-losing company’s ability to overcome a drop in sales and build new product lines. Tesla’s plan to issue shares and...
FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah MckaySYDNEY (Reuters) - An Australian law firm has filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the world’s largest...
WASHINGTON (Reuters) - A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominance in the space. Lithium ion batteries are seen...
FILE PHOTO: A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes, France, June 20, 2018. REUTERS/Eric Gaillard(Reuters) - Facebook Inc’s potential settlement with federal regulators over breaches of consumer data privacy is nearing completion, and will likely cover related services like...
WASHINGTON (Reuters) - Foxconn Chairman Terry Gou met U.S. President Donald Trump on Wednesday to discuss the status of the Taiwanese company’s planned investment in Wisconsin, Foxconn and the White House said on Thursday. FILE PHOTO: Foxconn Chairman Terry Gou (R) smiles as U.S. President Donald Trump (L)...