Breaking business news: New $200,000 Tesla Roadster speeds in front of electric big-rig truck

Click to View in Browser Friday, November 17, 2017 New $200,000 Tesla Roadster speeds in front of electric big-rig truck HAWTHORNE, Calif. (Reuters) - Tesla Inc upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig's trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest production car ever. Comcast, Verizon approached Twenty-First Century Fox to buy some assets: sources (Reuters) - Comcast Corp and Verizon Communications Inc have both expressed interest in acquiring a significant part of Rupert Murdoch's Twenty-First Century Fox Inc's assets, two people familiar with the situation told Reuters on Thursday. World stocks claw back losses but set for second weekly fall LONDON (Reuters) - World stocks continued to claw back losses on Friday after spending much of the week in the red, boosted by signs of progress in U.S. tax reform and strong corporate results. Ex-Trump lawyer to defend AT&T-Time Warner merger WASHINGTON (Reuters) - AT&T Inc said it hired media lawyer Daniel Petrocelli, whose clients have included U.S. President Donald Trump, to defend its acquisition of media and entertainment company Time Warner Inc if the government sues to block the deal. Analysts flee Wall Street with gallows humor as research changes loom (Reuters) - Having covered financial stocks at big and small banks for more than two decades, David Hilder was accustomed to the ebb and flow of Wall Street job cuts and hiring sprees. GM's Cadillac expects China sales to jump 60 percent in 2017 GUANGZHOU/BEIJING (Reuters) - General Motors' Cadillac luxury brand expects its China sales to surge 60 percent in 2017, faster than it had projected at the start of the year, on strong demand from younger buyers, the brand's country chief said. Ford to invest over 750 million euros in Valencia plant MADRID (Reuters) - U.S. car manufacturer Ford announced on Friday it would invest more than 750 million euros ($885 million) in its Spanish plant in the eastern region of Valencia to produce the new model of its Kuga SUV. Volkswagen board discusses 70 billion euro spending plan: source FRANKFURT (Reuters) - Volkswagen's supervisory board is discussing a five-year spending plan totaling more than 70 billion euros ($82.5 billion) to transform the group into a leader in electric cars, a person familiar with the talks told Reuters. Japanese regulators raid Airbnb over suspected antitrust practices TOKYO (Reuters) - Japanese fair trade regulators raided last month the offices of Airbnb Inc over suspected violations of antitrust laws, the home rental site said on Friday, denying any wrongdoing. Gulf carriers may be in focus under foreign airline U.S. tax exemption cut (Reuters) - A U.S. congressional proposal that would eliminate income tax exemptions for certain airlines could affect major Gulf carriers, potentially worsening an international spat between U.S. airlines and their Middle East rivals. Related Video India is best emerging market for investors in 2018 -Barger VW heats up electric cars race with $40 bln spend Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook