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Category : Business (Archive for 2018-07-02) News by Google
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CNBC
Musk says Tesla pushed out 7000 cars last week, meeting goal of 5000 Model 3s
CNBC
Tesla produced 7,000 cars, including 5,000 Model 3 electric sedans, in the last week of its second quarter, CEO Elon Musk said on Sunday. Beating a self-imposed deadline, the final car rolling off the assembly line on Sunday morning, several hours ...

Boston Business Journal
GE Healthcare to be spun out in latest shakeup
Boston Business Journal
General Electric is spinning out its $19 billion-a-year health care division, the latest in a series of business units affected by a restructuring. The company revealed its plan to separate GE Healthcare into a standalone company on Tuesday morning ...

Wall Street Journal
Trump Wants Oil World Doesn't Have to Give
Wall Street Journal
President Donald Trump's request for more Saudi Arabian oil put a spotlight on growing U.S. unease about how quickly the crude sector has switched from glut to deficit, but a boost in Middle East production may not be enough to stem the price rallies ...

CNN
Australia is banning plastic bags. Here's what other countries are doing
CNN
(CNN) Australia has joined a long list of countries taking action against single-use plastic bags with large retailers introducing a charge for reusable ones to encourage shoppers to bring their own. There have been some signs of resistance: One ...

Wall Street Journal
Tesco, Carrefour to Join Forces Amid Fierce Competition
Wall Street Journal
Two of the world's biggest grocery chains, Tesco TSCDY 0.40% PLC and Carrefour SA, CRRFY -0.31% have struck a deal to collaborate on how they source from suppliers in an effort to cut prices amid mounting competition from Amazon.com Inc. AMZN ...

New York Times
Deal to Return Dell to Public Trading, but Still in Its Founder's Hands
New York Times
When Michael S. Dell took his namesake technology company private in 2013, he said that doing so would give him the freedom to prepare it for a future that stretched well beyond personal computers. Having drastically expanded Dell into a huge one-stop ...

Miami Herald
Norwegian crew member who went overboard found alive 22 hours later by Carnival ship
Miami Herald
A Norwegian Cruise Line crew member who went overboard near Cuba Saturday was found 22 hours later by a Carnival Cruise Line ship. “This is nothing short of miraculous,” said Christine Duffy, president of Carnival Cruise Line. “Kudos to the Carnival ...

CNBC
Seattle ban on plastic straws comes into force as city gets tough on waste
CNBC
A ban on the use of plastic straws, utensils and cocktail picks came into force in Seattle on Sunday. The move makes Seattle the first major city in the U.S. to enact such a ban, it is believed. Under the directive, food service businesses in the city ...
Analysts react to PBoC cutting banks' reserve requirement
Financial Times
China's central bank has moved to free up more than $100bn to cushion a slowing economy and mitigate the impact of a potential trade war with the US, a move one analyst has characterised as killing two birds with one stone. In a statement on Sunday the ...

Bloomberg
Loeb Presses Nestle to Fix Strategy, Sell L'Oreal Stake
Bloomberg
One year after buying a stake in Nestle SA and watching his holding lose value, activist investor Dan Loeb is running out of patience. Loeb fired off a 34-page presentation over the weekend, demanding a far more radical transformation than the world's ...

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