Articles written by Aniket Chatterjee - Benzinga

Former Tesla Executive On Course To Make Electric Cars Cheaper

What Happened: JB Straubel, Tesla Inc.’s (NASDAQ: TSLA) former Chief Technology Officer, has found a way to make electric cars cheaper by extracting batteries from old iPhones and other personal electronic items,

New Chinese Tech Regulations Complicates The TikTok Deal

What Happened: Chinese authorities have imposed new regulations on technology exports which could complicate matters for the TikTok deal, WSJ reported on Saturday.

AT&T Eyeing Sale Of Half Its DirecTV Stake: Report

AT&T (NYSE: T), has hired Goldman Sachs Group Inc. (NYSE: GS) to see through the process of offloading its stake in DirecTV, according to a

BlackRock Forays Into Mutual-Fund Business In China: WSJ

What Happened: BlackRock Inc. (NYSE: BLK), the New York-based asset management firm gets the nod from the regulators to initiate its mutual-fund business operations in China, WSJ reported.

FDA Issues Emergency Use Of Convalescent Plasma For COVID–19 Treatment

Tesla The 13th Most Valuable Stock On US Exchanges, Leading Auto Competitors

Tesla Inc.’s (NASDAQ: TSLA) market cap now stands at $382.04 billion, making it the 13th most valuable company trading on American exchanges.

Salmonella Outbreak: Peaches Recalled Nationwide Due To Risk Of Possible Contamination

What Happened: The U.S.

Jack Ma's Ant Group To Be Listed In Hong Kong And Shanghai, Targets Valuation Of $225 Billion: Report

What happened: Jack Ma’s Ant Group Ant Group intends to file for dual listings in Hong Kong and Shanghai targeting a valuation of about $225 billion, a Bloomberg report said.

TikTok Preparing Legal Challenge To Trump Order: Report

TikTok is preparing to challenge an executive order from U.S.

NHC Issues Storm Warning On US Gulf Coast As Oil Majors Begin Evacuation Procedures

National Hurricane Center (NHC) issued storm warnings for Tropical Storm Marco and Laura which is expected to make landfalls on the U.S. Gulf Coast.

FDA Approves Yale's 'SalivaDirect' COVID-19 Test To Increase Testing Capacity

The U.S. Food and Drug Administration (FDA) on Saturday authorized the emergency use of a saliva-based COVID-19 test, which could increase the testing capacity.

ByteDance Gets 90 Days To Divest It's U.S. Stake In TikTok

What Happened: President Trump on Friday gave a 90-day ultimatum to ByteDance to divest the U.S. operations of its video-sharing app, TikTok.

UPS and FedEx Say They Don't Have Legal Status To Deliver Postal Ballots

What happened: United Parcel Service (NYSE: UPS) and FedEx (NYSE: FDX) shot down social media calls stating they are unable to step in for the delivery of mail-in-ballots as they are not legally authorized to postmark the bal

Amazon Could Use JCPenney, Sears Stores As Fulfillment Centers: Report

What Happened: Amazon.com Inc (NASDAQ: AMZN) is in talks with Simon Property Group Inc. (NYSE: SPG), the biggest mall owners in America, to convert some of its anchor-department store spaces into Amazon fulfilment centers,

Biden Accidentally Reveals GM's Future Corvette Plans

What Happened: Joe Biden may have accidentally disclosed the future plans for General Motor Inc.’s (NYSE: GM) Corvette in his campaign ad.

Berkshire Hathaway's Profit Up by 87% Amidst Business Slowdown

Berkshire Hathaway Inc. (NYSE: BRK.A) released its Q2 earnings on Saturday morning and its profit margins were up by 87% from last year. It is a great turnaround for the company which reported a huge first-quarter loss.

Huawei Reportedly Set To Halt Manufacturing Of Kirin Chipsets

Huawei will stop making its Kirin Chipsets beginning next month, according to the Chinese financial magazine Caixin.

NASA SpaceX Crew Return Safely: Capsule Splashes Down

The SpaceX Dragon Capsule carrying astronauts Doug Hurley and Bob Behnken came splashing down in the Gulf of Mexico near Florida’s Gulf Coast. This is a notable safe return of two American astronauts who were returning from the International Space Station as a part of the first commercial crewed mission.

Lowe-LISC Partnership To Provide Relief Grants Up To $20,000

Small businesses who are facing financial pressures due to COVID-19 across the United States can now apply for relief grants from Lowe’s Companies Inc. (NYSE: LOW).

Uncertainty Surrounds Microsoft's Potential TikTok Acquisition

Conflicting reports are coming in about TikTok selling its U.S. stake to Microsoft Corporation (NASDAQ: MSFT) to avoid a possible ban.