Rumors

Elon Musk needs a boost to launch SpaceX’s internet-service business, according to a Wall Street Journal report. The firm is raising $500 million from existing investors and major Tesla Inc (NASDAQ: TSLA) shareholder Baillie Gifford to propel its valuation to $30.5 billion. What To...

German bank Deutsche Bank AG (NYSE: DB) has suffered three consecutive years of losses and the company's head office was raided by German police officers in late November in connection with a money laundering investigation. As one of the country's most important financial institutions...

NVIDIA Corporation (NASDAQ: NVDA)'s stock bounced back after a weak Tuesday close following reports major shareholder SoftBank is planning to sell its stake in the company early in 2019. Analysts say recent weakness in Nvidia shares is a buying opportunity for long-term investors. No final...

A number of cannabis stocks traded higher Tuesday afternoon amid two major developments. The first is the release of the final 2018 Farm Bill that legalizes hemp on a federal level in the United States, potentially opening more opportunities for cannabis companies. The second development comes from...

While the rest of the U.S. auto industry continues consolidating plants, closing factories and shifting production abroad, the emboldened Fiat Chrysler Automobiles NV (NYSE: FCAU) is pursuing an alternative route. What Happened FCA plans to open the Big Three’s first new domestic assembly...

CEO Mary Barra discusses the battery-less Bolt at a trade show in January 2015. The Bolt is one of the few smaller cars GM is sticking with. General Motors Company (Nyse: GM) chairman and CEO Mary Barra will meet Wednesday with Ohio senators Sherrod Brown (Dem) and Robert Portman (...

While 5G phones are headed to the market next year, one heavyweight is reportedly putting its plans on hold until 2020. What Happened The 5G rollout will offer consumers faster speeds and improved connectivity, but those hoping to benefit on an Apple Inc. (NASDAQ: AAPL) device may have to...

In a lot of towns in New Jersey, they really hate Waze. That's because the mapping, crowdsourcing app, far more than previous mapping services like Google Maps, tells drivers how to get to Hudson River crossings through local streets, avoiding the infamous backups leading to the George...

Last month, the European Union announced the collapse of its plans to tax internet and tech giants like Alphabet Inc.’s (NASDAQ: GOOGL) Google and Facebook, Inc. (NASDAQ: FB). The alternative included specific national initiatives. Advancements within the negotiations are slated to be...

Shares of Canada-based Cronos Group Inc (NASDAQ: CRON) soared higher by 25 percent Monday after Reuters reported the cannabis company could be an acquisition target. What Happened Cigarette maker Altria Group Inc (NYSE: MO) is in early talks to buy Cronos as part of a strategy to diversify itself...

If popular media is to be taken on face value, Elon Musk could very well be an enigma. But when the aura wanes and as the dust settles behind it, a lot of the ideas - albeit visionary - might actually sound unfeasible and borderline dubious. The Boring Company, another innovative idea in the long...

PUERTO VALLARTA — The debut of Daimler's (CXE: DAI.D.IX) most advanced tractor truck in Mexico early next year reflects the brand's continued push to innovate in a diverse global marketplace. "We are completely certain the Cascadia will revolutionize…Mexico,"...

As any driver knows, parking is at a premium at truck stops, even during the middle of the day. A new survey is being conducted to get an update on the parking situation. The Department of Transportation's Federal Highway Administration (FHWA) is now seeking truck drivers for a survey on truck...

California-based fast food company, Jack in the Box Inc. (NASDAQ: JACK) has become an exclusive West Coast attraction, but may soon face significant alterations considering a new report from Reuters. What Happened Jack in the Box is exploring the possibility of selling the company, according to...

Commentary Yesterday what at first seemed like an interesting story caught our attention, "Medical Marijuana Companies Snap Up Trucking Rate Firm." The 154-word article contained no byline or "disclosed terms." The article did source a quote from an enigmatic press release dated...