Shares of Tesla dropped as much as 12 percent Friday before closing down 10.3 percent after CEO Elon Musk tweeted that the company’s shares are priced “too high.” The company just days before reported a strong quarter, sending shares higher. Tesla stock was trading at 760.23 just before Musk tweeted and then fell to a […]
One of the main coronavirus relief fund sources for suffering small businesses hit its $350 billion limit Thursday and is no longer accepting any more lenders or applications, the Small Business Administration announced. “The SBA is currently unable to accept new...
Reports that Congress has reached a deal on a $2 trillion stimulus bill that would include $25 billion in grants to help airlines pay their workers should mitigate the unprecedented prospect of canceling nearly all passenger flights, a last-ditch measure floated by...
Apple was fined 1.1 billion euros ($1.23 billion) for anti-competitive behavior Monday by the French antitrust authorities. The French competition authority said the iPhone maker was guilty of cartels within its distribution network and abusing the economic dependence...
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