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Saturday, September 21, 2019
Volkswagen is optimistic about doing something that its competitors have struggled to do: turn a profit while making electric vehicles.VW CEO Herbert Diess says his company has a plan not to lose money. "Our approach is different," Diess said. "We come with high volumes, we come with a dedicated...
U.S. President Donald Trump speaks during a Federal Emergency Management Agency (FEMA) briefing on hurricane Dorian at FEMA Headquarters in Washington, U.S., September 1, 2019.Joshua Roberts | ReutersHurricane Dorian will not hit Alabama, said the National Weather Service on Sunday, contradicting comments made by President Trump earlier. "Alabama...
Tesla boss Elon Musk (L) walks with Shanghai Mayor Ying Yong during the ground-breaking ceremony for a Tesla factory in Shanghai on January 7, 2019. - Musk presided over the ground-breaking for a Shanghai factory that will allow the electric-car manufacturer to dodge the China-US tariff crossfire and...
DUBAI (Reuters) - Saudi Aramco is likely to give roles to Citi (C.N), Goldman Sachs (GS.N), HSBC (HSBA.L) and Samba Financial Bank (1090.SE) for its planned initial public offering (IPO), a source familiar with the transaction said on Sunday. The four banks would likely get these roles in...
BEIJING (Reuters) - China and the United States began imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a bruising trade war, despite signs that talks would resume some time this month. FILE PHOTO: U.S. dollar and China yuan notes are seen in this...
NEW YORK (Reuters) - Apple Inc APPL.O struck out at a Goldman Sachs Group Inc (GS.N) analyst on Friday in a relatively rare public dust-up between a blue chip Wall Street firm and its client. The Apple logo is displayed at an event at their headquarters in...
Argentina slapped currency controls on businesses on Sunday to prevent capital flight after the peso lost more than a quarter of its value since primary elections last month, in its latest move to stave off a rapidly spiralling economic crisis.The central bank will require exporters to repatriate earnings...
TOKYO (Reuters) - Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal Brexit. FIL PHOTO: Passersby are reflected...
LONDON (Reuters) - A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be blamed if people can’t find everything they want on the shelves. FILE PHOTO: Shoppers browse the...
Melissa Eamer is currently VP of Sales & Marketing for Amazon Devices.Source: GlossierGlossier, the online beauty brand recently valued at $1.2 billion, has poached a top Amazon exec, Melissa Eamer, to become chief operating officer, CNBC has learned.Eamer ended a 19-year run at Amazon last week. Most recently,...

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