By CCN: Tesla investors are having a forgettable year as the stock has made them poorer by more than 30%. The Elon Musk-led companys stock fell to two-year lows earlier this week. Tesla stock recently dropped to two-year lows, but Evercore expects more downs…
Read More
Tesla reached a $13 million settlement with a former contract worker who was left permanently disabled after being struck by a Model S while on the job (TSLA)
Tesla reached a $13 settlement on May 10 with former contractor Teodora Tapia, who was “permanently disabled” after being hit by a Model S sedan, according to Parris Law Firm, which represented Tapia. A Tesla representative told Business Insider that Josep…
Read More
American Airlines CEO reveals when he would feel safe flying on the Boeing 737 Max again (AAL, BA)
The US Federal Aviation Administration (FAA) issued an emergency order on March 13 grounding the all Boeing 737 Max airliners in the US in the wake of two crashes in less than five months. A total of 346 passengers and crew died in the crashes of Lion Air Fli…
Read More
Angry JetBlue customers are slamming the airline after the company was hit with a software outage and flights were delayed (JBLU, SABR)
A software outage from Sabre, a travel-industry information-technology provider, caused delays for JetBlue on Tuesday morning. “One of network suppliers, CenturyLink, had a network failure this morning, impacting our customers communicating with our system…
Read More
Market Tanks — and Uber and FAANG Stocks Fall — After China’s Trade Retaliation
Opinions expressed by Entrepreneur contributors are their own. Stock prices fell hard today after China announced retaliatory tariffs on $60 billion of American exports to the country today. Higher U.S. tariffs on $250 billion of Chinese imports when into ef…
Read More