VW could build up to 50 million electric cars: Automotive NewsVolkswagen could build up to 50 million electric cars on its new electric vehicle platform and is looking at expanding its manufacturing footprint in the United States, Chief Executive Herbert Diess told Automotive News.
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Nasdaq falls 2 percent as Apple, chip stocks hit by weak forecastsThe Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a selloff in other iPhone component makers and weighing on technology stocks in…Read More
General Electric seeks 'urgent' asset sales to cut debt: CEOGeneral Electric Co is pursuing assets sales with "urgency" to reduce its high debt and is unsure when its ailing power business will hit bottom, Chief Executive Officer Larry Culp said in a television interview on Monday, se…Read More
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