Wall St closes slightly higher after four-day sell off

Wall St closes slightly higher after four-day sell off

BOJ policy shift knocks global sentiment Tesla falls 8% after brokerages cut PT Energy stocks lead gains on crude support Indexes up: Dow 0.28%, S&P 0.10%, Nasdaq 0.01% Dec 20 (Reuters) – Wall Street closed slightly higher on Tuesday after four sessions of declines, but investors fretted about weak holiday shopping and rising bond yields … Read more

3M to end 'forever chemicals' output at cost of up to $2.3 bln – Reuters.com

3M to end 'forever chemicals' output at cost of up to $2.3 bln – Reuters.com

3M to end ‘forever chemicals’ output at cost of up to $2.3 bln  Reuters.com 3M will stop making hazardous ‘forever chemicals’ starting in 2025  CNN 3M to end use of ‘forever chemicals’ by end of 2025  Yahoo Finance 3M to Stop Making, Discontinue Use of ‘Forever Chemicals’  The Wall Street Journal Amid pressure, 3M to end toxic ‘forever chemicals’  Reuters … Read more

Exclusive: PepsiCo to roll out 100 Tesla Semis in 2023, exec says

Exclusive: PepsiCo to roll out 100 Tesla Semis in 2023, exec says

NEW YORK/SAN FRANCISCO, Dec 16 (Reuters) – PepsiCo plans to roll out 100 heavy-duty Tesla Semis in 2023, when it will start using the electric trucks to make deliveries to customers like Walmart and Kroger, the soda maker’s top fleet official told Reuters on Friday. PepsiCo Inc (PEP.O), which ordered the big trucks in 2017, … Read more

Pacifist Japan unveils biggest military build-up since World War Two

Pacifist Japan unveils biggest military build-up since World War Two

TOKYO, Dec 16 (Reuters) – Japan on Friday unveiled its biggest military build-up since World War Two with a $320 billion plan that will buy missiles capable of striking China and ready it for sustained conflict, as regional tensions and Russia’s Ukraine invasion stoke war fears. The sweeping, five-year plan, once unthinkable in pacifist Japan, … Read more

Musk cashes out another $3.6 bln in Tesla stock

Musk cashes out another $3.6 bln in Tesla stock

Sale brings Musk’s total selling to almost $40 bln Tesla stock marks lowest close in two years Investors frustrated at Musk’s selling and focus on Twitter Dec 15 (Reuters) – Tesla (TLSA.O) boss Elon Musk disclosed another $3.6 billion in stock sales on Wednesday, taking his total near $40 billion this year and frustrating investors … Read more

U.S. sends first shipment of power gear to aid Ukraine

U.S. sends first shipment of power gear to aid Ukraine

WASHINGTON, Dec 12 (Reuters) – The United States has shipped the first part of its power equipment aid to Ukraine, U.S. officials said on Monday, as Washington works to support the country’s energy infrastructure against intensifying attacks from Russia. The first tranche was power equipment worth about $13 million, one of the officials said. Another … Read more

Japan, Britain and Italy to build joint jet fighter

Japan, Britain and Italy to build joint jet fighter

TOKYO/LONDON, Dec 9 (Reuters) – Japan, Britain and Italy are merging their next-generation jet fighter projects in a ground-breaking partnership spanning Europe and Asia that is Japan’s first major industrial defence collaboration beyond the United States since World War Two. The deal, which Reuters reported in July, aims to put an advanced front-line fighter into … Read more

Elon Musk briefly loses title as world’s richest person to LVMH’s Arnault – Forbes

Elon Musk briefly loses title as world’s richest person to LVMH’s Arnault – Forbes

Dec 7 (Reuters) – Twitter owner and Tesla (TSLA.O) boss Elon Musk briefly lost his title as the world’s richest person on Wednesday, according to Forbes, following a steep drop in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm. Bernard Arnault, the chief executive … Read more

Apple and Amazon resume advertising on Twitter, reports say

Apple and Amazon resume advertising on Twitter, reports say

Dec 3 (Reuters) – Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O) are planning to resume advertising on Twitter, according to media reports on Saturday. The developments follow an email sent by Twitter on Thursday to advertising agencies offering advertisers incentives to increase their spending on the platform, an effort to jump-start its business after Elon … Read more

Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more