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Oil erases early losses
An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday. Benchmark oil for July delivery fell 3 cents to close at $94.25 a barrel on the New York Mercantile Exchange. The price sank as low as $92.21 in the morning after weak manufacturing data from China raised ...
Oil tracks gains in stocks, erases early losses
An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday. Benchmark oil for July delivery fell 3 cents to close at $94.25 a barrel on the New York Mercantile Exchange. The price sank as low as $92.21 in the morning after weak manufacturing data from China raised ...
Oil down to near $93 on Chinese recovery concerns
The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. By early afternoon in Europe, benchmark oil for July ...
Ford to end auto production in Australia in 2016
Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. The closure of the U.S. automaker's plants in the state of Victoria will mean the loss of 1,200 jobs and will transform the ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off ...
3 former executives sue Carbon Motors over pay
Three former executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory have sued the corporation for more than $600,000 in deferred wages. The Connersville News-Examiner reported Wednesday (http://bit.ly/Ze2oFY) that Trevor Rudderham, Alan Bratt and Keith Marchiando have filed suit in Fayette ...
Business Highlights
___ Median CEO pay rises to $9.7 million in 2012 NEW YORK (AP) — CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
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