Investors dump stocks, seek safe havens as bank fears flare

SYDNEY Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe-haven assets.

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Now it is Tesla's turn to confront the bears

SAN FRANCISCO Tesla Motors Inc faces a pivotal moment Wednesday in its fight to convince skeptical investors that it can still win against traditional auto makers in the competition to reshape the auto business.

08 Feb 2016

Corporate winners of Obama budget still face long odds

NEW YORK Facing a hostile Congress in an election year, President Barack Obama will be hard-pressed to push through many of the proposals in his final budget as U.S. leader.

Election 2016, Politics 08 Feb 2016

Cisco's quarterly report to offer gauge of technology demand

SAN FRANCISCO Investors spooked by a steep sell-off in enterprise tech stocks will get a fresh glimpse of the health of technology spending on Wednesday when bellwether Cisco Systems Inc posts its quarterly results.

08 Feb 2016

Google CEO Pichai receives stock grant worth about $199 million

Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc .

12:33am EST

U.S. regulators upgrade, expand Fiat Chrysler gearshift probe

WASHINGTON The U.S. National Highway Traffic Safety Administration said Monday it is expanding a defect investigation of 856,000 Fiat Chrysler SUVs and cars because the vehicles may roll away after drivers exit, thinking they have put the transmission in Park. The government's investigation covers the 2014-15 Jeep Grand Cherokee SUV, 2012-14 Dodge Charger and Chrysler 300. The vehicles under investigation have "E-shift" gear-shifts that operate electronically.


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