Business

(Reuters) – Tesla Inc said on Friday that four members of its eleven-member board would be leaving over the next two years, as the electric car company looks to streamline its board. FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo Brad Buss, Antonio Gracias, Stephen
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BRUSSELS (Reuters) – Planes, tractors, food and handbags featured on a list of U.S. imports worth $20 billion that the European Union said on Wednesday it could hit with tariffs in a transatlantic aircraft subsidy dispute. The 28-nation bloc said this week it was ready to open negotiations with the United States to cut industrial
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Mercedes logos are seen ahead of the Shanghai Auto Show, in Shanghai, China April 15, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – Daimler plans to launch an electric compact sport utility vehicle in 2021 which will be called the Mercedes EQB, the German carmaker’s CEO said on Tuesday. Dieter Zetsche made the comments at a press
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FRANKFURT/BERLIN (Reuters) – German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker’s manipulation of diesel emissions testing, more than three years after the scandal came to light. The German case comes nearly a year after the United States filed charges against Winterkorn, accusing him of conspiring
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HONG KONG (Reuters) – Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent. The push into banking by companies better known for their messaging apps, cute emojis and online holiday bookings comes
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LOS ANGELES (Reuters) – The world’s largest aircraft took off over the Mojave Desert in California on Saturday, the first flight for the carbon-composite plane built by Stratolaunch Systems Corp, started by late Microsoft co-founder Paul Allen, as the company enters the lucrative private space market. The world’s largest airplane, built by the late Paul
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FILE PHOTO: An employee arranges Fisher-Price toys at a store in Manila’s Makati financial district August 4, 2007. REUTERS/Cheryl Ravelo (Reuters) – U.S. Consumer Product Safety Commission said on Friday that toymaker Fisher-Price has voluntarily recalled all its “Rock ‘n Play Sleeper” products after reports of more than 30 infant deaths. The regulator said consumers
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