Tesla boosts capital raise to $2.7 billion, Musk buys more stockTesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-dep…Read More
Stocks higher on big April jobs report, falling unemployment
Stocks higher on big April jobs report, falling unemployment
The Labor Department also said unemployment dropped to 3.6 percent, beating analysts' expectations of 3.8 percent and the lowest rate since 1969.
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FCA sees U.S. pickup trucks hauling profits in rest of 2019Fiat Chrysler Automobiles NV (FCA) said on Friday that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter.
from Reuters: Business News…Read More
Wall Street bounces on robust job additions in AprilWall Street's main indexes gained on Friday, as a surge in job additions in April pointed to a solid domestic economy, while a steady rise in wages backed the Federal Reserve's patient view on interest rate hikes.
from R…Read More
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