U.S. safety agency reviewing 23 Tesla crashes; three from recent weeks

The U.S. auto safety agency disclosed on Thursday it has opened 25 investigations into crashes of Tesla vehicles, including three crashes in recent weeks, and 23 remain active.

NASA, SpaceX sign agreement to enhance space safety

NASA said on Thursday it had signed an agreement with billionaire Elon Musk's SpaceX that would focus on avoiding collisions between the agency's spacecraft and the rocket company's large constellation of satellites.

U.S. corporate reformers face more fights to get proxy votes

U.S. corporations are fighting harder this year to keep activist shareholder proposals off the ballot at their annual meetings, partly because of a proliferation of investor demands for racial justice reforms.

More than beans: Nestle recycles cocoa fruit waste to replace sugar in chocolate

As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about to hit supermarket shelves with food giant Nestle ready to launch its "Incoa" bar.

Oil hits skids, drops 7% on worsening outlook for coronavirus in Europe

Oil prices plunged for a fifth day in a row on Thursday, posting their biggest-one day declines since last summer on growing worries about rising COVID-19 cases in Europe and the strengthening U.S. dollar.

Altice reaches $72 million settlement with New York over response to Tropical Storm Isaias

Altice USA Inc has reached a nearly $72 million settlement to resolve New York state claims that it failed to adequately prepare for or respond to Tropical Storm Isaias in August, when more than 439,000 customers lost service.

Peloton CEO urges customers to read safety warnings after child dies in treadmill accident

Peloton Interactive Inc Chief Executive Officer John Foley on Thursday asked owners of its treadmills to check safety warnings after a child died in an accident involving the company's exercise equipment.

Nasdaq slumps as bond yield surge hurts tech valuations

The S&P 500 receded from a record high on Thursday while the Nasdaq shed more than 1% as a spike in U.S. bond yields accelerated a move out of growth stocks and into companies viewed as likely to outperform as the economy recovers.

Diageo to spend $80 million to expand U.S. ready-to-drink beverage production

Spirits group Diageo said on Thursday it would spend $80 million to install two can-filling lines at a new plant in Illinois, to boost production of fast growing ready-to-drink beverages.

NFT-related stocks draw attention as digital asset buzz grows

The popularity of non-fungible tokens, a type of digital asset that is authenticated by blockchain, is spreading to equities as investors focus on shares of online art trading platforms and companies making NFT-related announcements, sparking outsize moves in their stocks.

Texas Lt. Governor urges governor to roll back storm power pricing

Texas Lieutenant Governor Dan Patrick on Thursday called for Governor Greg Abbott to use his emergency powers to roll back high storm power pricing that has roiled the state's electricity industry.

Related Videos

Taxi drivers protest over Uber's Barcelona return

VW share surge tweaks regulator interest

Looking for more?

Visit our business section for more deals, markets, legal and finance news.

Read more