Tesla races past $100 billion in market valuation
Tesla Inc on Wednesday became the first publicly listed U.S. carmaker to cross $100 billion in market valuation, in a stunning rally that has seen its stock more than double in the past three months.
Tesla Inc on Wednesday became the first publicly listed U.S. carmaker to cross $100 billion in market valuation, in a stunning rally that has seen its stock more than double in the past three months.
U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018.
U.S. President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn't agree to a trade deal.
Medical device maker Abbott Laboratories Inc beat quarterly sales estimates on Wednesday, benefiting from higher demand for its nutrition products and generic drug sales.
The U.S. dollar edged lower on Wednesday and the Japanese yen and the Swiss franc slipped amid muted demand for safe haven units as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained.
Toyota Motor Corp said on Wednesday it is recalling 361,000 older vehicles worldwide for potentially defective air bag inflators.
Chicago-based real estate developer Hilco Redevelopment Partners is expected to pay $240 million in its winning bid for the Philadelphia Energy Solutions refinery site, bankruptcy court documents showed on Wednesday.
Real estate developer Hilco Redevelopment Partners has entered into a $240 million agreement to purchase the Philadelphia Energy Solutions oil refinery, which was the largest and oldest on the East Coast, according to court documents on Wednesday.
Veteran Morgan Stanley executive Rich Portogallo, who was key in building the bank's prime-brokerage business, is retiring, according to an internal memo seen by Reuters on Wednesday.
Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries outweighed concern over disruptions to Libya's crude output.
CNBC's Jim Cramer said Netflix's earnings call fostered optimism about a company he once called "an open sore on the market."
Third-generation Philadelphia oil refinery worker Lee Murray wore his late father's hard hat every day of the 25 years he spent there.
Netflix Inc acknowledged pressure from Disney+ after the company reported its quarterly results. But executives largely brushed off the long-term global impact of rivals that also include Apple, Comcast Corp's NBCUniversal and AT&T Inc.
You can move to a different continent to escape your in-laws, but as long as you're still an American, the IRS will always be in your life. Here's what's ahead for the Duchess of Sussex as tax season kicks off.
World stock markets bounced back on Wednesday, as swift updates from China about the spread of a new flu-like virus raised hopes the outbreak would be contained, while oil prices tumbled as a market surplus forecast outweighed supply concerns.