BUSINESS

The biggest selling point of the chips is an improvement in so-called "ray tracing," or the ability for the chip to simulate how light rays will bounce around in a visual scene.

Musk, who is still looking for funding for the plan, also said law firms Wachtell, Lipton, Rosen & Katz and Munger, Tolles & Olson would be legal advisers on the plan.

Netflix Inc. Chief Financial Officer David Wells will step down after eight years in the role, the video streaming company said on Monday.

German Chancellor Angela Merkel urged Turkey on Monday to ensure the independence of its central bank as other senior officials said that Turkey’s economic woes were causing great concern.

Independent music labels group Impala has called on EU antitrust regulators to block Sony Corp’s bid to become the world’s largest music publisher with its $2.3 billion offer for control of EMI, saying the combination would have too much market power.

Bayer shares plunged as much as 14 percent on Monday, losing about $14 billion in value, after newly acquired Monsanto was ordered to pay $289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller and cancer.

Musk provided no details of his funding and as of Thursday Tesla's board had not received a financing plan from Musk, leaving investors and the broader market clamoring for more information.

When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea’s annual average salary.

Asia share markets slipped and the euro hit one-year lows on Monday as a fresh fall in the Turkish lira fueled demand for safe havens, including the U.S. dollar, Swiss franc and yen.

Alaska fishermen are used to coping with fickle weather and wild ocean waves. Now they face a new challenge: the United States’ trade war with China, which buys $1 billion in Alaskan fish annually.

President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc (HOG.N) on Sunday, the latest salvo in a dispute between the company and Trump over tariffs on steel.

China’s state media continued a barrage of criticism of the United States on Saturday as their tit-for-tat trade war escalated, while seeking to reassure readers the Chinese economy remains in strong shape.

Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc. CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.

U.S. President Donald Trump’s proposal to double tariffs on steel and aluminum from Turkey could push up costs even further for domestic oil and gas pipeline projects, as energy executives said they were already struggling from earlier tariff rises.

Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.

The shoe manufacturer announced this week it plans to close its remaining manufacturing plants.

The fast-food chain is offering a card that grants access to free food for life. Heres how to get one.

CEO and chairman of Tesla, Elon Musk, made a surprising proposal Tuesday on his Twitter account to take the electric car manufacturer private, at a valuation of roughly $71 billion.

Amazon is reportedly putting together internal health clinics for some of its employees in Seattle.

The restaurant is looking to give patrons the option to make bets on sporting events.

The two companies announced this week that they have canceled their proposed merger.

Pointing to the rate at which Tesla is burning through cash, analysts and investors were skeptical that lenders would be willing to finance what would likely be the largest leveraged buyout in U.S. history.

The American Medical Association on Wednesday denounced a possible merger between the drugstore chain and the health insurer.

Tesla on Wednesday said it may endorse the CEO's plan to take the company private.

The e-commerce giant on Wednesday announced its Prime members can now pick up Whole Foods items from a store within 30 minutes.

Drugstore retailer CVS Health Corp’s adjusted quarterly profit topped analyst estimates on Wednesday as it sold more prescription drugs at its stores, sending its shares up 3.4 percent in premarket trading.

China is slapping additional import tariffs of 25 percent on $16 billion worth of U.S. goods ranging from oil and steel products to autos and medical equipment.

Apple said it requires users to explicitly approve microphone access and that apps must display a clear signal that they are listening.

President Trump will host a dinner on Tuesday with business leaders in Bedminster, New Jersey.