Tesla board evaluating CEO Musk's idea to take company private

Tesla Inc's board said it was evaluating taking the company private, a day after Chief Executive Elon Musk surprised shareholders with the idea of launching the biggest leveraged buyout of all time.

Tronc weighing offer to sell newspaper business: report

Tronc Inc is weighing an offer to sell the Chicago Tribune and the rest of its newspaper holdings to a private equity firm, the Chicago Tribune reported on Wednesday.

Beer drinkers lose U.S. appeal over Anheuser-SABMiller merger

A federal appeals court on Wednesday rejected an antitrust challenge by 23 beer drinkers to Anheuser-Busch InBev SA's $107 billion purchase in 2016 of SABMiller Plc, which they claimed would thwart competition and raise prices in the U.S. beer market.

Oil drops on China import data, weighing on equities

Oil prices slumped after Chinese import data showed a slowdown in demand and weighed on world equity markets, which traded near break-even as U.S. technology shares extended recent gains.

Wall St. dips as oil slide drags down energy shares

U.S. stocks were slightly lower on Wednesday as a steep fall in crude oil prices hit energy shares, more than offseting gains in technology and bank stocks.

China, Germany defend Iran business ties as U.S. sanctions grip

China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump's warning that any companies trading with the Islamic Republic would be barred from the United States.

Factbox: European companies respond to latest Iran sanctions

New U.S. sanctions against Iran took effect on Tuesday and President Donald Trump, who defied Washington's allies to impose them, pledged that companies doing business with Tehran would be barred from doing business with the United States.

Tariffs on Chinese goods could batter the U.S. vaping industry

Proposed tariffs on U.S. imports from China of electronic cigarettes, known as vaping products, could not come at a worse time for the industry.

IKEA strives to keep prices low as it opens first store in India

IKEA will set some prices even lower in India than elsewhere when it opens its first store in the country on Thursday, as it woos cost-conscious shoppers unaccustomed to DIY furniture.

China to slap additional tariffs on $16 billion of U.S. goods

China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese commerce ministry said, as the world's largest economies escalated their trade dispute.

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