Tesla Inc has "a lot of catching up" to do in order to achieve a record quarter, news website Electrek reported on Wednesday, citing Chief Executive Officer Elon Musk's leaked email to employees.
U.S. stocks slumped on Wednesday, with the S&P 500 and Nasdaq testing a key support level, as worries a prolonged trade war between the United States and China would dent global growth pushed investors toward the safety of government bonds.
Apple Inc on Wednesday publicly defended its App Store from mounting criticism over its treatment of rivals in a new blog post detailing its functions and guidelines.
Exxon Mobil Corp shareholders on Wednesday rejected a proposal that would have split the chief executive officer and board chairman roles at the largest publicly traded oil producer.
Fears that an escalating trade war between the United States and China will slash global economic growth pulled world stock markets down to near two-and-a-half-month lows on Wednesday and continued to feed a rally in safe-haven government bonds.
The father of a university football player who died of a drug overdose provided emotional testimony about the U.S. opioid epidemic's personal cost on Wednesday during the second day of trial in a lawsuit by the state of Oklahoma accusing Johnson & Johnson of fueling the crisis.
Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter.
Boeing Co is surprised Canada softened the rules of a competition for new fighters to allow Lockheed Martin Corp to submit a bid, but is still confident it has a chance, a top executive said on Wednesday.
Ferrari presented a luxury car with a difference on Wednesday -- a hybrid model that can cruise silently through city streets on electric power as well as hitting a top speed of 340 km per hour.
Interest rates on U.S. government bonds are falling fast and flashing a warning signal that has historically indicated investors are bracing for the increased likelihood of an economic recession.
Deutsche Telekom and German air traffic control firm Deutsche Flugsicherung (DFS) have entered into a joint venture called Droniq to develop the market for long-haul drones. Francis Maguire reports.
Sponsored by IBM: Enhance your banking with AI.
Stay competitive with financial technology while ensuring data security and regulatory compliance.
