Tesla Stock Was Moved by Germany, Russia Last Week. China Moves It This Week.

Text size An aerial view of Tesla Shanghai Gigafactory. Xiaolu Chu / Getty Images Tesla stock rose last week as oil spiked and the company secured permits for its new German plant. This week, news out of China should be a big factor in stock trading. Sales and production data from Tesla’s Shanghai facility should … Read more

Why this Ex-Goldman banker pivoted his startup from sport to racial inequality

Asked what he thinks the City should do to tackle racial inequality in the workplace, Nii Cleland, a former Goldman Sachs banker and co-founder of Flair Impact, has plenty of answers. In 2020, as the murder of George Floyd sparked global protests, Cleland and his cousin, Darrell Coker, watched corporations put out their responses. As … Read more

‘We need to increase oil & gas output immediately,’ Elon Musk says as Ukraine crisis jolts US crude to 2008 high

Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s TSLA, -0.12% chief executive said the US needs to immediately increase production of oil and gas in a tweet late Friday, which runs against the grain of the EV maker’s own green-energy business initiatives. “Hate to say it, but we need … Read more

Stock Market: The Worst Is Yet To Come. So Is a Swift Snapback.

Text size Traders at the New York Stock Exchange on Monday, Feb. 28. Michael Nagle / Bloomberg It’s the end of the world as we know it. The stock market, however, is not going anywhere. The last full trading week of February ended with optimism that Russia’s invasion of Ukraine would end quickly and not … Read more

Warren Buffett’s Berkshire Hathaway Buys Big Block of Occidental Petroleum Stock

Text size Warren Buffett, CEO of Berkshire Hathaway, speaks to the press as he arrives at the 2019 annual shareholders meeting in Omaha, Nebraska, May 4, 2019. Johannes Eisele / AFP / Getty Images Berkshire Hathaway has purchased nearly 30 million shares of Occidental Petroleum since the end of 2021, adding to an existing large … Read more

US stock futures pare deeper losses after Russia shelling sparks fire at Ukraine nuclear plant

US stock-index futures were lower on Friday, but pared deeper losses after reports that Russian shelling had caused a fire at Europe’s largest nuclear power plant, raising fears of an unprecedented nuclear disaster. Ukraine officials later said the fire, in a training building of the facility, had been extinguished. How are stock index-futures trading? Dow … Read more