Tesla Reaches Deal for Shanghai Facility, WSJ Reports – Bloomberg

Tesla Inc. has reached an agreement with the Shanghai government to set up its own manufacturing facility in the city, the Wall Street Journal reported Sunday, citing people briefed on the plan. The Palo Alto, California-based carmaker is working with the local government on the timing and details of an announcement, the people told the […]

Airbus turmoil overshadows bid to rescue CSeries – Reuters

PARIS (Reuters) – Airbus’s (AIR.PA) coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal. The European planemaker secured the deal for Bombardier’s (BBDb.TO) CSeries program […]

Elon Musk’s Boring Company is digging a 10-mile tunnel in Maryland – Ars Technica

reader comments 123 On Thursday, Maryland officials gave Elon Musk’s Boring Company permission to dig a 10.1-mile tunnel “beneath the state-owned portion of the Baltimore-Washington Parkway, between the Baltimore city line and Maryland 175 in Hanover,” according to the Baltimore Sun. According to Maryland Transportation Secretary Pete Rahn, The Boring Company (which Tesla and SpaceX […]

Questions and answers on proposed ban on laptops in luggage – Washington Post

WASHINGTON — First the U.S. government temporarily banned laptops in the cabins of some airplanes. Now it is looking to ban them from checked luggage on international flights, citing the risk of potentially catastrophic fires. The Federal Aviation Administration recently recommended that the U.N. agency that sets global aviation standards prohibit passengers from putting laptops […]

We don’t need tax cuts for the middle class – Washington Post

Kirk J. Stark is the Barrall Family Professor of Tax Law and Policy at the University of California at Los Angeles School of Law. Eric M. Zolt, the Michael H. Schill Distinguished Professor of Law at UCLA, served in the Office of Tax Policy at the Treasury Department from 1989 to 1992. Amid the partisan […]

Ford door-latch issues expand to trucks – MarketWatch

Ford Motor Co. continues to be plagued by faulty vehicle-door latches as the auto maker on Wednesday expanded the lineup of affected models for the second time this year. Ford said it would recall roughly 1.3 million F-150 trucks from the 2015 through 2017 model years and F-250 Super Duty trucks from 2017. The […]

Dow rises 160 points to close above 23000 for the first time as IBM posts best day since 2009 – CNBC

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