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Tesla's difficult path to profit in six charts

Tesla Inc's shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs.



5 years ago

Massachusetts beats Exxon bid to delay impending climate change case

A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role fossil fuels play in climate change.



5 years ago

Fisher Investments outflows surpass $2.5 billion as Los Angeles pension departs

The Los Angeles Fire and Police Pension System voted on Oct. 24 to end its $522 million relationship with Fisher Investments. In all, institutional investors have pulled $2.5 billion from the firm in recent weeks.

5 years ago

SpaceX to test astronaut capsule next week, a critical milestone after April explosion

In about a week SpaceX expects to conduct a key test of the capsule it is developing to launch astronauts, CNBC has learned.

5 years ago

CVS, Rite Aid pull all 22-ounce J&J baby powder from stores

CVS Health Corp and Rite Aid Corp are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.



5 years ago

Intel beats third-quarter estimates, raises full-year revenue forecast

Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, easing concerns about slowing chip demand amid the U.S.-China trade war.



5 years ago

Amazon's gloomy holiday forecast misses estimates, shares fall 7%

Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally.



5 years ago

Exclusive: Software under scrutiny in Airbus A220 engine failures

A U.S.-led investigation into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change allowed unexpected vibrations that tore parts and forced three emergency landings, several people familiar with the case said.



5 years ago

Beyond Meat brings in Coca-Cola veteran to head marketing

Beyond Meat Inc will bring in Coca-Cola Co veteran Stuart Kronauge as its chief marketing officer, the vegan patty maker said on Thursday, as it looks to boost its presence in retail and restaurants.



5 years ago

Massachusetts sues Exxon Mobil, saying company lied about climate change

Massachusetts sued Exxon Mobil Corp on Thursday, with the state's attorney general accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change.



5 years ago

GM contract vote by striking UAW workers heads into final hours

Striking workers at General Motors Co factories in the United States finish voting on Friday on a proposed four-year contract that could end a 39-day strike that has cost the No. 1 U.S. automaker more than $2 billion according to Wall Street.



5 years ago

Pound down vs dollar after PM calls for election; S&P 500 gains

The British pound fell against the dollar on Thursday after British Prime Minister Boris Johnson's call for a national election, while global stock markets edged higher.



5 years ago

Barneys close to sale to Authentic Brands after rival bid fails: sources

Luxury retailer Barneys New York Inc is close to being sold to licensing firm Authentic Brands Group LLC after a competing bid from a trade show executive failed to qualify for a bankruptcy auction, people familiar with the matter said on Thursday.



5 years ago

Walmart, CVS and Rite Aid pull 22-ounce J&J baby powder off shelves

Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.



5 years ago

Intel data center rebound eases U.S.-China trade war worries

Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, powered by sales to data centers and easing concerns about slowing demand during the U.S.-China trade war.



5 years ago