Volkswagen CEO wants a stake in Tesla: Manager Magazin
Volkswagen CEO Herbert Diess wants to take a stake in Tesla to access the U.S. company's software and batteries technology, German business publication Manager Magazin reported on Thursday.
Volkswagen CEO Herbert Diess wants to take a stake in Tesla to access the U.S. company's software and batteries technology, German business publication Manager Magazin reported on Thursday.
Kansas City Fed President Esther George said the Federal Reserve may be partly responsible for the yield curve inversion.
"If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the 'Trumponomics' co-auther says.
Here are the biggest calls on Wall Street on Thursday
- The number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labor market was holding firm despite a manufacturing slowdown and concerns the economy is on a path toward recession.
Walmart Inc has sued Tesla Inc , accusing it of "years of gross negligence and failure to live up to industry standards" that led to several fires at its stores with Tesla solar systems.
Audi is set to join an alliance with rivals Daimler and BMW to develop advanced driving assistance systems, German weekly Wirtschaftswoche said on Thursday.
Thursday marks Black Women's Equal Pay Day, which is when the combination of their wages so far this year, plus all of their 2018 income, matches what white men earned last year alone.
Oil rose further above $60 a barrel on Thursday, supported by a drop in U.S. crude inventories and OPEC-led supply cuts, although worries about the global economy weighed.
South Korea's Supreme Court said it will rule next Thursday on whether to uphold the reduced sentence given to Samsung Group heir Jay Y. Lee or ask an appeals court to revisit a case that was part of a graft scandal that brought down the country's then-president in 2017.
HP Inc , the hardware business of Hewlett Packard Co, said on Thursday that Chief Executive Officer Dion Weisler is stepping down from the role in November.
Share markets slipped on Thursday as uncertainty over the outlook for U.S. interest rate cuts left investors on edge, with the release of minutes from the Federal Reserve's last policy meeting exposing rifts over its recent easing.
Wall Street's main markets were set to edge lower on Thursday as the previous session's hints of a skeptical Federal Reserve attitude to a new cycle of interest rate cuts offset a handful of more bullish signs from U.S. retailers.
Swiss telecommunications company Sunrise Communications on Thursday escalated its defence of its planned takeover of Liberty Global's Swiss unit UPC, touting additional synergies and blasting a shareholder that is fighting the deal.
Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world's biggest oil consumer.