Tesla Inc shares continued their meteoric rise on Thursday, scoring yet another record high and further expanding the distance between the Silicon Valley electric carmaker and its traditional auto industry rivals.
A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power.
United Airlines said on Thursday it will need to cut 2,850 pilot jobs between Oct. 1 and Nov. 30 if the government does not extend an aid package to help airlines cover employee payroll for another six months while they weather the coronavirus pandemic.
Glencore will likely sell its entire 73.1per cent stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge told Reuters.
The US Labor Department said on Thursday it was changing the methodology used to address seasonal fluctuations in its weekly unemployment claims data, which economists complained was less reliable because of the economic upheaval caused by COVID-19.
Glencore will likely sell its entire 73.1per cent stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge told Reuters.
White House adviser Larry Kudlow said on Monday the Trump administration did not have a view on who purchases the social media company TikTok.
US House of Representatives Speaker Nancy Pelosi said the White House must agree to spend more money on coronavirus aid during a phone call slated for Thursday afternoon, if talks aimed at a deal on new legislation are to move forward.
Electric moped sharing company Revel on Thursday said it was returning to the streets of New York City with a new safety protocol, a month after it voluntarily suspended operations in the city following a string of deadly crashes.
Startup electric vehicle company Bollinger Motors said on Thursday it plans to make an all-electric delivery van starting in 2022, joining a growing field of manufacturers vying to bring models to market amid growing demand from major delivery fleets.
