US initial jobless claims fall, ease worry of worsening market
Applications for unemployment benefits in the U.S. declined last week by more than projected, easing...
Bloomberg News
Louis Bacon-backed fund invests $50M in EV maker Fisker
Electric-vehicle startup Fisker Inc. has raised $50 million from hedge fund veteran Louis Bacon, with...
Electric-car bonanza allows Karma to tap lifeline
Karma Automotive, maker of the Revero plug-in hybrid luxury car, has raised $100 million from...
UK car sales show signs of recovery
Britain’s car industry showed signs of improvement in June, spurred by the reopening of showrooms...
US adds 4.8M jobs, above forecasts, before virus pickup
The rebound in the U.S. labor market accelerated in June as the economy reopened more...
Tesla overtakes Toyota as the world’s most valuable automaker
Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker, underscoring investor enthusiasm...
Supreme Court backs President’s power to fire CFPB director
A divided U.S. Supreme Court said the president has broad power to fire the director...
US initial jobless claims worse than forecast for second week
The number of Americans seeking unemployment benefits was higher than forecast for a second straight...
