Tesla Explores Possibility of Manufacturing Cars in China

Tesla said it is exploring with government officials in Shanghai the possibility of opening a manufacturing facility to build electric vehicles for the Chinese market.

 
American Airlines CEO 'Not Happy' About Qatar Plan to Buy 10% Stake

Qatar Airways said it intends to buy as much as 10% of American Airlines Group-a brash approach by the state-owned carrier that American Chief Executive Doug Parker called "puzzling and strange."

 
Uber Ex-CEO Travis Kalanick Knew of Stolen Google Files

Former Uber Technologies Chief Executive Travis Kalanick knew an engineer had allegedly stolen Google files before hiring the engineer last year, according to Uber's attorneys.

 
Lyft's Goal: Gain From Uber's Stumbles Without Gloating

As Uber has grappled with the leadership turmoil that led to its chief executive's resignation this week, its much-smaller rival has built market share and expanded aggressively, even as its founders counsel humility.

 
Sears Canada Enters Bankruptcy Protection

Sears Canada has entered bankruptcy protection in Canada, and will close 59 locations and cut nearly 3,000 positions, the company said.

 
Facebook Sets New Vision for Next Decade, Outlines New Features

Facebook Chief Executive Mark Zuckerberg took a step toward defining a new vision for the social-media company as it grapples with how to handle its growing power in the world.

 
Mylan Elects Full Board Despite Oppostion

Mylan's board nominees were elected in full at the pharmaceutical company's annual meeting Thursday despite pressure from a group of institutional investors unhappy over high executive pay.

 
Warren Buffett Rescues Canada's Home Capital

Canadian mortgage lender Home Capital said it is pursuing further asset sales and financings following a rescue package negotiated with Berkshire Hathaway.

 
Cable Operator Altice USA Climbs in Market Debut

Shares of Altice USA traded higher in their market debut Thursday, a day after the cable operator raised more money in its IPO than any other U.S.-listed telecom since 2000.

 
Samsung in Late-Stage Talks to Open South Carolina Factory

Samsung Electronics is in late-stage discussions to invest about $300 million to expand its U.S. production facilities at a factory soon to be vacated by Caterpillar, according to people familiar with the matter.

(END) Dow Jones Newswires

June 22, 2017 17:16 ET (21:16 GMT)

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