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Business

Tesla Model S Mysteriously Catches Fire … Twice

Tesla is investigating why a Model S mysteriously burst into flames for no apparent reason after being towed to a garage. According to KPIX, the owner's Model S suffered a flat tire in the San Francisco Bay area. The electric sedan was then towed to a local repair shop. However, around five to ten minutes after the tow truck dropped …

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Asian markets lot more losses as recession and trade-war fears weigh

Asian stocks fell further Friday after Wall Street slid on recession fears, with Chinese stocks on track to end 2018 as the world's worst performing market, with a loss of around 24%. Trade tensions between the U.S. and China have also re-emerged as concerns for investors. While the world's largest trading powers have agreed to meet next month for trade …

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Carlos Ghosn, Former Nissan Chairman, New Defense Faces

TOKYO – Carlos Ghosn, former Nissan Motor chairman, was arrested by Japanese authorities on Friday, at this time in suspicion that he moved more than $ 16 million to personal losses a decade ago automaker. Mr Ghosn gave a recession in his hopes for getting released from Tokyo prison where he was held for more than a month at different …

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US senators want to regulate regulators in the collapse of Robinhood's bank account botany

Investors app last week issued new checking and savings accounts with a huge 3% interest rate. Checking rates is almost zero at many banks. But after the statement, the Securities Investor Protection Corporation, a non-commercial industry, said the product may be insecure. Robinhood has since been pivoted by calling the service of a "cash management program." "We are concerned that …

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Campbell Soup announced the new CEO

The company said on Thursday that Mark Clouse, which holds executive positions at Pinnacle Foods and Mondelez International, will acquire a soup company's president and CEO in late January. Clouse will replace the temporary CEO Keith McLoughlin, who filled the paper after Denise Morrison suddenly left his post as CEO in May. McLoughlin will remain as a board director, and …

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