by mujair | Sep 23, 2020 | Business & Finance News
Elon Musk, the Tesla chief executive, said Tuesday that the company was developing cheaper, more powerful batteries for its electric cars, but many of the required innovations were still in progress,Credit…Susan Walsh/Associated Press Shares of Tesla were down 6...
by mujair | Sep 3, 2020 | Business & Finance News
The S&P 500 had its worst day on Thursday since June 11, falling 3.5 percent, and the same big tech companies that have driven the recent rally were the culprits. A day after stocks marched to another record high, Apple tumbled 8 percent, its worst drop since...
by mujair | Aug 26, 2020 | Business & Finance News
A paper production line in Germany in June. The country’s economy is rebounding, but a full recovery is likely to take years.Credit…Filip Singer/EPA, via Shutterstock Germany’s governing coalition agreed late on Tuesday to extend benefits for furloughed workers...
by mujair | Aug 24, 2020 | Business & Finance News
Steve Burns pulled together several pieces of a business venture over the last year: His company, Lordstown Motors, designed an electric pickup truck, acquired a plant and machinery from General Motors, and racked up thousands of orders. Yet Mr. Burns was still...
by mujair | Aug 11, 2020 | Business & Finance News
The impact of the directives that President Trump signed Saturday is unclear.Credit…Anna Moneymaker for The New York Times State officials on Monday said they didn’t know how President Trump’s plan to provide a $400 supplement to unemployment payments would...