 | | | | The National Highway Traffic Safety Administration (NHTSA) said Friday it asked Tesla Inc to respond to questions by June 20 after it received 758 reports of unexpected brake activation tied to the carmaker's driver assistance system Autopilot. | | | | | | U.S. bond funds attracted net inflows in the week to June 1, after five months of outflows, as fears eased over the Federal Reserve's aggressive monetary tightening measures and signs emerged that inflation may have peaked. | | | | | | American Airlines Group Inc lifted its revenue forecast for the second quarter on Friday, citing robust demand and a strong pricing environment. | | | | | | Global bond funds obtained inflows in the week to June 1 after eight weeks of outflows, lifted by strong demand as fears over aggressive monetary tightening and excessive price pressures eased. | | | | | | Bristol Myers Squibb said on Friday it would acquire drug developer Turning Point Therapeutics Inc for $4.1 billion in cash to gain access to promising targeted treatments for cancer. | | | | | | Ukraine has signed a deal for the U.S. nuclear power company Westinghouse to supply fuel to all of its atomic power stations in an effort to end the country's reliance on Russian supplies, Ukraine's state nuclear company said on Friday. | | | | | | EU countries and EU lawmakers are set to agree on a common charging port for mobile phones, tablets and headphones on June 7 when they meet to discuss a proposal that has been fiercely criticised by Apple , people familiar with the matter said. | | | | | | Tesla Chief Executive Elon Musk told top managers he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by about 10%, according to an internal email seen by Reuters. | | | | | | For at least a decade, Burger King's formula for European expansion has relied on a joint venture partnership, including a master franchisee, to open and operate new locations. | | | | | | The battle to snap up Spirit Airlines is heating up. Frontier Group Holdings Inc has agreed to pay a break-up fee of $250 million in a bid to salvage its $2.9 billion acquisition of Spirit Airlines. | | | | | |
