It sounds like a dream vacation: Watch the sunrise on your private veranda with freshly-made espresso - no rush! Spend the morning visiting quaint villages and small museums, lunchtime in the yard barbecuing freshly-caught fish, and the afternoon lounging around your private pool.
Electric carmaker Tesla Motors Corp's initial public offering zoomed ahead on Tuesday with shares rallying more than 40 percent as investors bet that electric cars would define the future of transportation.
Nearly one out of every three U.S. home sales in the first quarter was a foreclosure property as steep price discounts boosted demand for distressed real estate, RealtyTrac said in a new report on Wednesday.
Shares of electric carmaker Tesla Motors Inc opened nearly 12 percent above their initial public offering price on Tuesday as investors bet that electric cars would define the future of transportation.
Elon Musk, the chief executive and major investor behind Tesla Motors Inc, has sometimes taunted U.S. automakers, painting his fledgling company as everything Detroit would like to be if it could start over: cooler, greener and ensconced in a much better neighborhood.
Shares of electric carmaker Tesla Motors Inc opened nearly 12 percent above their initial public offering price on Tuesday as investors bet that electric cars would define the future of transportation.
Tesla Motors Inc's founder said his company could be profitable if it continued to make pricey sports cars, but is instead forgoing income to build a car aimed at mass-market commuters.
Wal-Mart Stores Inc on Tuesday named Bill Simon to run its U.S. discount stores, which have struggled with sluggish sales as their core customer continues to be pressured by high unemployment.
(Corrects 3rd paragraph to show Castro-Wright was put in charge of global sourcing in 2008)
Electric carmaker Tesla Motors raised the number of shares it will sell in its initial public offering by 20 percent, an early sign that investor interest in the startup is strong.
Google Inc won a landmark victory over media companies as a Manhattan federal judge threw out Viacom Inc's $1 billion lawsuit accusing the Internet company of allowing copyrighted videos on its YouTube service without permission.
Russian President Dmitry Medvedev was inspired by a tour of Silicon Valley on Wednesday and left determined to replicate the U.S. technology hub at home, despite pessimism that Russia could create a sufficiently open environment to nurture success.
The Federal Reserve acknowledged a faltering pace of U.S. economic recovery on Wednesday as it renewed its vow to hold benchmark interest rates exceptionally low for an extended period.
Some of the states hit hardest by the slump in housing prices will be able to tap into a special $1.5-billion fund on Wednesday that is intended to head off some foreclosures.
The Supreme Court said on Monday it would hear JPMorgan Chase & Co's appeal over a lawsuit accusing the bank of violating federal law by failing to notify credit card holders before raising interest rates due to late payments or defaults.
Stocks once again succumbed to late-day selling in light trading on Monday as hopes China's newfound dedication to yuan flexibility turned to doubts about the speed and magnitude of Beijing's intentions.
Raising the price of sugary soft drinks will likely prompt thirsty consumers to seek out cheaper, healthier beverages, U.S. researchers said on Thursday.
Facebook's financial performance is stronger than previously believed, as the Internet social network's explosive growth in users and advertisers boosted 2009 revenue to as much as $800 million, according to two sources familiar with the situation.
Toyota Motor Corp is resuming construction of a plant in Mississippi that was put on hold during the economic downturn, and plans to make its top-selling Corolla sedan there starting in autumn 2011.
A federal court judge ruled that a patent infringement lawsuit filed by PaperPro stapler maker Accentra against Staples Inc can go to trial, PaperPro said on Thursday.
The board of Calpers, the biggest U.S. public pension fund, voted on Wednesday to ask California's government for an additional $600 million in funding to bolster its finances.