Elon Musk signs letter seeking VW diesel relief in exchange for zero emission pledge
Elon Musk joins California regulators letter urging relief for VW diesel cars on the road citing minimal emissions risk, in return for a rapid ramp of zero emission vehicles. The open letter to CARB chair Mary Nichols argues VW should be freed from fixing diesel vehicles.
MENTIONED IN THIS ARTICLE
Elon Musk
Tesla Motors
California
Volkswagen
Mary Nichols
California Air Resources Board
Darden swings back to profit on higher sales
Darden Restaurants reports fiscal second quarter net income of 43.2 million, reversing a year-ago loss of 32.8 million as revenue climbs 3.2 percent to 1.61 billion. Shares rise 7 percent to 62.50.
MENTIONED IN THIS ARTICLE
Carmax
U.S
Darden
Darden Restaurants
Olive Garden
Long Horn
Isis Pharmaceuticals Renames to Ionis Pharmaceuticals
Ionis Pharmaceuticals will no longer use its former name ISIS tied to the Islamic State. The change aims to emphasize its life saving medicines while keeping operations on track as the company shifts its ticker to IONS from ISIS.
MENTIONED IN THIS ARTICLE
Isis Pharmaceuticals
IONIS
Ionis Pharmaceuticals
ISIS
Islamic State of
Iraq
al-Sham
Lynne Parshall
Global stocks fall as growth slowdown fears deepen
US markets slid with the Dow down 367 points to 17,128.45 and the S&P 500 off 1.8 percent while the Nasdaq declined 1.6 percent. Oil hit its lowest since February 2009 as investors reassessed the Fed rate move and global growth prospects. Investors pulled billions from stock funds and trimmed risk in mutual funds despite a prior rally.
MENTIONED IN THIS ARTICLE
Standard & Poor
CNBC
Federal Reserve
Fed
David Rosenberg
Gluskin Shelf
Lipper
Apple slumps into bear market after 160 billion loss
Apple shares fall 2.9 percent to 106.03, extending a 21 percent drop from a recent high as the company enters a bear market and wipes out about 160 billion in shareholder value. Analysts cut earnings and revenue expectations amid weaker smartphone demand.
MENTIONED IN THIS ARTICLE
Apple
Standard & Poor
E Pepsico
International Business Machines
Nike
Sigfig
Goldman: Star Wars Force Awakens to Top Global Box Office
Goldman Sachs projects Star Wars The Force Awakens to gross 1.95 billion globally with 750 million from the US and 1.2 billion overseas. The forecast would place the film third all time behind Titanic and Avatar, while surpassing Avengers and Furious 7 in global takings.
MENTIONED IN THIS ARTICLE
Goldman Sachs
Walt Disney
Goldman
Disney
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Argus Research
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