Tesla is now worth more than $1 trillion
Tesla just became the sixth company in US history to be worth $1 trillion. Shares popped more than 12% Monday to close at about $1,025, boosted by two spots of …
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Tax worries and growth woes haunt Chinese property shares
Beijing’s property tax plans and fresh signs of weakening in China’s housing market knocked real estate shares in the country on Monday despite the central bank’s efforts to calm nerves …
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Amazon to hire 150,000 U.S. workers for holiday shopping season
Amazon.com Inc (AMZN.O) said on Monday it plans to hire 150,000 seasonal workers in the United States during the holiday period, as the e-commerce giant prepares for a shopping season …
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Geely’s Volvo Cars sets IPO price range, seeking up to $23 billion valuation
Geely-owned Volvo Cars said on Monday its initial public offering would be priced within a range of 53 to 68 Swedish crowns per share, valuing the automaker at up to …
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Toyota to invest $3.4 billion on U.S. automotive batteries through 2030
Toyota Motor Corp’s (7203.T) North American unit said Monday it will invest about $3.4 billion (380 billion yen) on U.S. automotive battery development and production in the United States through …
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Chip tech firm Arm plans to slash development time for connected devices
Arm Ltd, the British chip technology firm in the midst of a $54 billion takeover by Nvidia Corp (NVDA.O), on Monday announced tools aimed at cutting the development time of …
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Power squeeze curbs Chinese growth, leaves Europe in a gas bind
China’s power shortages hit growth in the world’s second biggest economy, threatening more pain for global supply chains, while Europe’s gas squeeze looked set to continue as Russia’s Gazprom showed …
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