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Are Tesla and Texas a perfect match? It’s questionable

Tesla’s move from Silicon Valley to Texas makes sense in many ways: Tesla CEO Elon Musk and the conservative lawmakers who run the state share a libertarian philosophy, favoring few regulations and low taxes. Texas also has room for a company with grand ambitions to grow. “There’s a limit to how big you can scale […]

IMF’s Georgieva wins some European backing as board debates her future

World Bank Chief Executive Officer Kristalina Georgieva speaks at the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 25, 2018. REUTERS/Jason Lee/File Photo WASHINGTON, Oct 8 (Reuters) – Some European governments on Friday backed Kristalina Georgieva to remain International Monetary Fund managing director as the IMF […]

S&P/TSX composite closes flat to end week

TORONTO – Canada’s main stock index closed essentially unchanged Friday even as crude oil prices surpassed US$80 for the first time in seven years and a strong September jobs report saw employment return to pre-pandemic levels for the first time. The S&P/TSX composite index dropped near the end of trading to conclude the […]

Watch now: Downtown redevelopment becomes boon for East Side neighborhood | Business News

A Room of One’s Own opened to walk-in customers on Oct. 3 and has quickly become melded into its East Side neighborhood. The building was constructed in 1916 for the Madison Motor Car Co. AMBER ARNOLD, STATE JOURNAL … Read more…

7 Ways to Boost Your Business Instagram Account

Opinions expressed by Entrepreneur contributors are their own. Instagram is one of the most important marketing platforms for brands in 2021. Because user engagement corresponds with a greater reach to your target audience, Instagram engagement should be the center of any growing business’s social media marketing strategy. Engagement is important because it is a key […]

Rising chip prices fuel Samsung’s best quarterly profit in 3 years

Profit highest since 2018 but slightly below estimates Marketing costs may have offset foldable sales-analysts Falling memory chip prices to weigh on Q4-analysts SEOUL, Oct 8 (Reuters) – Samsung Electronics Co Ltd (005930.KS) on Friday flagged a 28% jump in its third-quarter operating profit to the highest in three years, driven by rising memory chip […]

Senate dodges US debt disaster, voting to extend borrowing | Business News

The GOP concession was not popular with some members of McConnell’s Republican caucus, who complained that the nation’s debt levels are unsustainable. “I can’t vote to raise this debt ceiling, not right now, especially given the plans at play to increase spending immediately by another $3.5 trillion,” Sen. Mike Lee of Utah shortly before the […]

S&P/TSX composite up in late morning trading, U.S. stock markets up

TORONTO — U.S. stock markets were up in in late-morning trading after American lawmakers reached a deal to extend the government’s borrowing, while Canada’s main stock index edged up as well. The S&P/TSX composite index was up 216.74 points at 20,408.40, with base metals and information technology leading the triple-digit increase. In New York, the […]

Explained: Why Tata Motors shares jumped more than 10% today

Shares of Tata Motors jumped sharply during Thursday’s intra-day market session as analysts remain upbeat about the company’s future business and growth outlook. Tata Motors stock rallied over 10 per cent on the Bombay Stock Exchange (BSE) on Thursday and hit a three-year high of Rs 369.60. On the National Stock Exchange (NSE), it was […]

This week on “Sunday Morning” (October 10)

BROADCAST NOTE: Next week, on October 17, “Sunday Morning” will be pre-empted so that CBS Sports may bring you live NFL action from London. Host: Jane Pauley COVER STORY: Abortion: The great divideWith abortion becoming more and more restricted in many states, and with a majority-conservative Supreme Court primed to decide on a […]