Democrats in the U.S. Congress are set to release a sweeping plan on Monday to provide more than US$50 billion in additional assistance to U.S. airlines, transit systems, airports and passenger railroad Amtrak and create a new US$3 billion program to assist aviation manufacturers with payroll costs ...
A U.S. House committee on Wednesday will consider a Democratic plan to allocate another US$14 billion to extend payroll assistance to U.S. airlines to keep thousands of workers on the job through September 30, according to a committee document seen by Reuters.
Chinese regulators have summoned representatives of US electric car giant Tesla after reported technical problems with their vehicles, notably concerning their safety, officials in Beijing said Monday.
Wall Street's main indexes hit record highs on Monday, as investors made risky bets on hopes that a fiscal relief package would lead to a speedy economic recovery.
LONDON: Bitcoin jumped more than 15 per cent on Monday (Feb 8) to a record high after Tesla said it had invested US$1.5 billion in the most popular cryptocurrency last month. The news sent Bitcoin soaring as high as US$44,525.29 around 9.30pm Singapore time, before cooling slightly, according to...
Bitcoin jumped more than 10per cent on Monday to a record high after Tesla said it had invested US$1.5 billion in the most popular cryptocurrency last month.
Shares of videogame retailer GameStop Corp jumped 11 per cent in early deals on Monday even as recent social media-hyped trading hysteria in other stocks appeared to be fizzling out.
Tesla has invested about US$1.5 billion in bitcoin, and expects to begin accepting the electronic currency as payment for its cars.
Chinese government officials have met representatives from U.S. electric carmaker Tesla Inc over reports from consumers about battery fires, unexpected acceleration and failures in over-the-air software updates, according to a Chinese regulator.
Tesla Inc boss and billionaire entrepreneur Elon Musk is offering a US$100 million prize in a four-year global competition to find a way of reducing carbon dioxide from the Earth's atmosphere.
