Chief Executive Elon Musk said he’s considering options to raise more capital, and didn’t rule out selling more stock. Musk has taken investors on a thrill ride since taking Tesla public in 2010. Now he’s given himself a deadline, promising that by the first quarter of 2016 Tesla will be making enough money to fund a jump from making one expensive, low volume car to mass producing multiple models, and expanding
Chief Executive Elon Musk said he’s considering options to raise more capital, and didn’t rule out selling more stock. Musk has taken investors on a thrill ride since taking Tesla public in 2010. Now he’s given himself a deadline, promising that by the first quarter of 2016 Tesla will be making enough money to fund a jump from making one expensive, low volume car to mass producing multiple models, and expanding
U.S. inflation is only temporarily “very low” due in part to commodity prices, while the U.S. economy has nearly achieved full employment, Federal Reserve Vice Chairman Stanley Fischer said on Monday. “These are things which will stabilize at some point,” Fischer added, in comments that were careful not to tip his hand on when he thinks U.S. interest rates should rise.
U.S. inflation is only temporarily “very low” due in part to commodity prices, while the U.S. economy has nearly achieved full employment, Federal Reserve Vice Chairman Stanley Fischer said on Monday. “These are things which will stabilize at some point,” Fischer added, in comments that were careful not to tip his hand on when he thinks U.S. interest rates should rise.
Walt Disney Japan apologized Monday after a tweet sent from its corporate Twitter account wished readers “congratulations on a not special day” on the 70th anniversary of the U.S. atomic bombing …
Walt Disney Japan apologized Monday after a tweet sent from its corporate Twitter account wished readers “congratulations on a not special day” on the 70th anniversary of the U.S. atomic bombing …
U.S. stock index futures extended gains after a report that Greek banks could get their first capital injection after a bailout deal is agreed.
U.S. stock index futures extended gains after a report that Greek banks could get their first capital injection after a bailout deal is agreed.
Alibaba Group Holding Ltd will invest $4.6 billion in leading Chinese electronics retailer Suning Commerce Group Co Ltd, its biggest step yet towards integrating online and store-based shopping. Alibaba is paying 28.3 billion yuan ($4.56 billion) for newly issued Suning shares and will ultimately hold a 19.99 percent stake. Suning will in turn invest 14 billion yuan to acquire 1.1 percent of Alibaba through the purchase of new shares, the
As a campaign to raise the minimum wage as high as $15 has achieved victories in such places as Seattle, Los Angeles and New York, it has bumped up against a harsh reality: Plenty of scofflaw businesses …