Netflix gave director $55 million – he spent it on cars, hotels and suing Netflix for more money
Netflix paid a director $55 million for a show that never got made. Most of it was spent on Rolls…
Union petition at Tesla’s German plant demands longer breaks, more staff for Model Y ramp-up
Around 3,000 workers at Tesla’s German plant signed a union petition for longer breaks and more staff, even as the…
Apple losing over $1 billion a year on streaming service
Apple (AAPL) is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…
Amazon to sell carbon credits to suppliers, customers
Amazon has begun selling carbon credits to its suppliers, business customers and other companies, the U.S. retail giant said, which…
Citi hikes gold price target for next 3 months to $3,200 per ounce
Citi Research on Thursday raised its gold price target for the next three months to $3,200 per ounce from $3,000,…
Boeing Stock Rockets, Suppliers Rally, On Deliveries Affirmation
Boeing stock soared on Wednesday to notch its best single-day advance in more than two years after the Dow Jones…
Tesla Recalls 46,000 Cybertrucks Over Exterior Panel Safety Concerns
Tesla (TSLA, Financial) is recalling 46,096 Cybertrucks in the United States after identifying an exterior trim defect that could detach…
Oil Erases Gains as Traders Assess Fed Stance, Trump’s Rate Push
Oil erased gains as global markets were buffeted by mixed signals from the Federal Reserve and Donald Trump. Brent (BZ=F)…
European steelmakers weigh in on EU Steel Action Plan
The European Commission announced on Wednesday an action plan to make Europe’s ailing steel sector more competitive and to shield…
Boeing CFO worries about tariff impact on parts, says cash flow improving
Boeing Chief Financial Officer Brian West said on Wednesday the company is concerned about President Donald Trump’s tariffs potentially constraining…