BUSINESS

International Business Times poll on major U.S. economic releases scheduled for the week of July 1, 2019.

Elon Musk, CEO of Tesla, Space X, and Boring Company is an influential entrepreneur and technocrat. Elon Musk net worth is approximately $20 billion that makes him one of the 50 richest people on Earth.

Tesla's earnings, and not its production numbers, are causing sleeplless nights among some Wall Street analysts.

The temporary truce between Trump and Xi hangs uneasy over the heads of Wall Street investors.

To support environmental sustainability and reduce plastic waste, American drink company Pepsi announced that it is ending the use of plastic bottles for some of the products.

Russia and Saudi Arabia have agreed to curb oil production before a major OPEC meeting.

Both Ferrari and Porsche will debut electric models this year, challenging Tesla's hold on the premium electric vehicle market.

Honda is recalling 1.6 million cars to replace Takata Airbags, which can explode.

Apple has moved its production of the upcoming Mac Pro model to China, as the tariff war between the two countries rages.

PG&E is being blamed for more fires that started in June in California allegedly from the utility's equipment.

Gillette has recalled its Venus Simply3 disposable razors because they pose a higher cut risk from misaligned blades.

Elon Musk won't celebrate his birthday with a party, instead he will be focusing on increasing Tesla's delivery numbers.

Walmart is in the process of laying off as many as 40 percent of its pharmacists.

Merlin Entertainments, owning Britain's Madame Tussauds wax museum has been acquired by a consortium led by Kirkbi in a deal covering its valuation and debt for nearly 6 billion pounds ($7.6 billion) on Friday.

Fisher-Price has recalled 71,000 inclined sleepers because the sleeper accessory could cause infant fatalities.

Higher open likely for the U.S markets Friday as key stock index futures surged Friday morning.

Car prices in the U.S. surge and drops demand.

The update by Tesla CEO Elon Musk that the new Tesla Roadster’s 0-60 mph acceleration will be 2.1 seconds unlike the previously stated 1.9 seconds applicable only to “rocket thruster option” has drawn criticism.

Sir Jony Ive, the creaive genius who designed the iPhone and iMac, will open his own creative studio with Apple as a major client.

Dodge has announced the 2020 Charger SRT Hellcat Widebody, which it calls "the most powerful and fastest mass-produced sedan in the world."

Ford said it will lay off 12,000 employees and close or sell six plants in Europe by the end of 2020 as part of a new business model in the region.

Walmart will challenge Amazon Prime Day with its own four-day sale event.

Audi has made three recalls on a series of its vehicles for safety issues that have the potential to cause a crash.

Pier 1 has announced that it will close 57 stores instead of the 45 is previously announced this year.

Autonomous vehicle maker Waymo has partnered with ridesharing company Lyft to offer self-driving minivans in Phoenix.

Despite positive signals from the upcoming high profile meeting between President Donald Trump and China president Xi Jinping in Japan, China is reportedly making a hard bargain and wanted the U.S. to lift the Huawei ban as a precondition for a deal.

More blood pressure medications have been recalled, this time by Macleods Pharmaceuticals for a cancer-causing impurity.

Modest open likely for U.S. markets Thursday after Dow Jones index was down on Thursday morning while other indices were up.

Tesla is driving into Eastern European markets with gusto.