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Tesla names director Denholm as chair after Musk rows
(November 08 21:45) Reuters.com Business
Tesla Inc has ended weeks of speculation by promoting one of the electric carmaker's independent directors, Australian accountant Robyn Denholm, to replace Elon Musk as chairman.
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Southwest Airlines flags shutdown impact; profit falls 62.6 percent
Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue thus far in January as it reported ...
(19:41) Reuters.com Business
Exclusive: Hedge fund prepares proxy fight to oust board at embattled PG&E
PG&E Corp shareholder Blue Mountain Capital Management LLC is preparing to launch a proxy fight to oust the embattled California utility owner's board, arguing that the company is harming investors with its plan to ...
(19:39) Reuters.com Business
Bombardier to buy Global jet wing-making unit from Triumph
Canada's Bombardier Inc said on Thursday it will buy a wing manufacturing unit from aircraft parts supplier Triumph Group to boost its business jets program.
(19:37) Reuters.com Business
Siemens CEO declined offer for support from activists: Manager Magazin
Siemens Chief Executive Joe Kaeser has declined requests from some activist investors whether he would need "support" in running the German industrial conglomerate, the CEO told a German magazine. ...
(19:47) Reuters.com Business
Oil falls in about-face as Venezuela-driven bounce fades
Oil fell on Thursday as concern over the global economy reasserted itself, reversing earlier price gains made on the potential for U.S. sanctions on Venezuela.
(20:11) Reuters.com Business
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As Google races ahead, German carmakers look to go faster on autonomous driving
Germany's top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant ...
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Lawyers suing Fiat Chrysler in diesel case seek over $100 million
Lawyers for Fiat Chrysler diesel owners have asked a U.S. judge to approve up to $106.5 million in legal fees and out-of-pocket costs for a settlement over excess vehicle emissions. ...
(00:51) Reuters.com Business
Wall Street hit again by growth worries; blue-chip earnings prop up Dow
The S&P 500 and the Nasdaq dropped on Wednesday as U.S. stocks gave up a strong start, hamstrung by lingering concerns over economic growth, while the Dow stayed afloat helped ...
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Sandberg says Facebook must earn back trust
Facebook Inc's operations chief Sheryl Sandberg said on Wednesday that the world's largest social network needed to win back public trust after facing scandals for violating its users' privacy. ...
(02:20) Reuters.com Business
Exclusive: Petrobras rejects latest EIG-backed bid for oilfields - sources
Petroleo Brasileiro SA has rejected the most recent bid by an EIG Global Energy Partners-backed firm to purchase a pair of shallow-water oil clusters, two sources with direct knowledge ...
(01:21) Reuters.com Business
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