 | | | | Foxconn Chairman Terry Gou met U.S. President Donald Trump on Wednesday to discuss the status of the Taiwanese company's planned investment in Wisconsin, Foxconn and the White House said on Thursday. | | | | | | The founder of drugmaker Insys Therapeutics Inc and four colleagues were found guilty on Thursday of bribing doctors to prescribe an addictive painkiller, helping to drive the U.S. opioid drug abuse crisis. | | | | | | Shares of vegan burger maker Beyond Meat Inc surged 84 percent in their market debut on Thursday, as investors look to cash in on the growing popularity of plant-based meat alternatives. | | | | | | Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines. | | | | | | Several major Occidental Petroleum Corp shareholders have voiced opposition to the oil company's $38 billion bid for rival Anadarko Petroleum Corp that now includes a pricey financing deal with billionaire Warren Buffett. | | | | | | Verizon Communications Inc is seeking a buyer for its blogging website Tumblr, the Wall Street Journal reported on Thursday, citing people familiar with the matter. | | | | | | (This April 30 NYT story corrects the difference in price between the Tesla panels and the national average to 16 percent from 38 percent) | | | | | | U.S. stocks eased further from recent record highs on Thursday as investors digested comments from Federal Reserve Chairman Jerome Powell the previous day that dampened some investor hopes of an interest rate cut this year. | | | | | | Global equity markets declined for a second straight day on Thursday while the dollar and bond yields rose after comments from Federal Reserve Chairman Jerome Powell caused investors to alter expectations for a rate cut by the central bank this year. | | | | | | Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's failure to commit to meeting its 2020 goals sent shares lower. | | | | | |
