Business Highlights

___ Why US-China trade war risks hurting firms in both countries WASHINGTON (AP) — U.S. businesses are imploring President Donald Trump not to expand his tariffs to...

Is Elon Musk closing troublesome Twitter account or teasing?

SAN FRANCISCO (AP) — Tesla CEO Elon Musk abruptly revealed that he is closing the popular Twitter account that has repeatedly landed him in legal trouble, but then proceeded to keep it open long after...

Uber tests drone food delivery, launches new autonomous SUV

WASHINGTON (AP) — Uber is testing restaurant food deliveries by drone. The company's Uber Eats unit began the tests in San Diego with McDonald's and plans to expand to other restaura...

Tesla CEO Elon Musk predicts record output, sales in 2Q

MOUNTAIN VIEW, Calif. (AP) — Tesla CEO Elon Musk is assuring the company's shareholders that the electric car maker is on pace to set manufacturing and sales records during its current quarter after a...

Stocks extend gains into 6th day on trade hopes

NEW YORK (AP) — U.S. stocks marched higher in early trading Tuesday on Wall Street and extended a winning streak that has recouped much of May's sharp losses. The strong opening mark...

Markets Right Now: Stocks rise as June momentum holds

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are rising early Tuesday as Wall Street continues to thrive in J...

Fiat Chrysler in talks with Aurora on autonomous vehicles

DETROIT (AP) — Fiat Chrysler is in talks to produce self-driving commercial vehicles with Aurora, an autonomous vehicle company led by former Google, Tesla and Uber executives. FCA a...

Stitch Fix, Tesla rise while Michaels, Cloudera tumble

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Cloudera Inc., down $3.59 to $5.21 The cloud computing company's fiscal year revenue ...

Markets Right Now: Stocks post 3rd straight day of gains

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are rising for a third straight day as investors hope U.S. and M...

The highest-paid CEOs by state

Here are the top paid CEOs by state for 2018, as calculated by The Associated Press and Equilar, an executive data firm. The survey considered only publicly traded companies with mor...

Tesla shares bounce on leaked memo about rising sales

Shares of Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up. The company's stock closed up 1.4%...

Consumer Reports: Tesla automated lane changes are risky

DETROIT (AP) — Consumer Reports says a new feature of Tesla's Autopilot that automatically changes lanes doesn't work well and could be a safety risk to drivers. The magazine and web...

Threat or promise? E-auto boom could cost industry jobs

ZWICKAU, Germany (AP) — Over 115 years the auto industry in the east German town of Zwickau has lived through wrenching upheavals including World War II and the collapse of communism. Now the city's 9...

Tesla reduces prices on Models S and X amid stock slump

DETROIT (AP) — Faced with a slumping stock price and questions about demand for its vehicles, Tesla has lowered the U.S. base prices of its two most expensive models. The company on ...

Insider Q&A: Velodyne advocates for safer self-driving cars

DETROIT (AP) — Self-driving Tesla electric vehicles could be on the road sometime next year under CEO Elon Musk's vision to bring financial success to his upstart company. But critic...