Mega tech earnings grab attention

Mega tech earnings grab attention

Information about Facebook stock shares is displayed on a monitor as traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell, November 19, 2018 in New York City.  Drew Angerer | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

Tesla to settle lawsuit over mishandling hazardous waste in California

Tesla to settle lawsuit over mishandling hazardous waste in California

Tesla CEO Elon Musk Omar Marques | Getty Images Tesla will pay a fee of $1.5 million to settle a civil lawsuit alleging the company mishandled hazardous waste materials at facilities throughout the state of California for years. The fee is negligible for Tesla, which reported net income of $7.93 billion during the fourth-quarter of 2023. Tesla … Read more

More mega tech earnings in spotlight

More mega tech earnings in spotlight

The share price of Facebook stock is seen at the Nasdaq stock market in New York. Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can … Read more

Tesla sued by 25 California counties over hazardous waste handling

Tesla sued by 25 California counties over hazardous waste handling

An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images Electric vehicle maker Tesla was sued by district attorneys representing 25 counties in California over the company’s alleged improper handling of hazardous waste materials at facilities throughout the state. Although Tesla is now headquartered in … Read more

Neuralink competitor Synchron buys equity stake in manufacturer

Neuralink competitor Synchron buys equity stake in manufacturer

Philip O’Keefe, one of Synchron’s patients in the SWITCH clinical trial, was the first person in the world to tweet using a BCI device. Source: Synchron Neurotech startup Synchron is ramping up production of its flagship brain-computer interface to prepare for commercial demand, as the company inches closer to bringing its device to market.  Synchron … Read more

Tesla upgrades Model Y in China for semi-autonomous driving

Tesla upgrades Model Y in China for semi-autonomous driving

A Tesla Model Y is seen on a Tesla car lot in Austin, Texas, on May 31, 2023. Brandon Bell | Getty Images Tesla upgraded the self-driving hardware on the Model Y car it sells in China, Elon Musk’s automaker said on WeChat on Thursday, as it looks to boost sales and fend off rising … Read more

Hopes sink for March rate cuts

Hopes sink for March rate cuts

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

Tesla will hold a shareholder vote to incorporate in Texas

Tesla will hold a shareholder vote to incorporate in Texas

SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland. Omar Marques | Getty Images Elon Musk said late Wednesday that Tesla will hold a shareholder vote on whether to transfer the electric carmaker’s … Read more

Dashed hopes for March rate cuts

Dashed hopes for March rate cuts

Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

China comes just shy of Japan as the world’s largest car exporter

China comes just shy of Japan as the world’s largest car exporter

LIANYUNGANG, CHINA – JANUARY 17, 2024 – A large number of cars are ready to be shipped for export at the port of Lianyungang, Jiangsu province, China, January 17, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images BEIJING — China failed to replace Japan as … Read more