Home / Business (page 3)

Business

Elon Musk extends thanks to FSD beta testers for providing valuable real-world data

Elon Musk extended his thanks to Tesla owners who received the company’s fully self-driving limited beta last week. The information Tesla is gathering from early access FSD beta testers will be invaluable as the company’s AI team continues to improve and refine automaker’s EV self-driving software. Tesla Owners Club Vancouver Islands founder James Locke asked Elon Musk for his opinion …

Read More »

Samsung shares rise on news of President Lee Kun-hee’s death: report

The main Fox Business Flash titles are here. Check out what FoxBusiness.com is clicking. SEOUL – Shares of Samsung Electronics Co Ltd and its affiliates rose Monday following the death of President Lee Kun-hee the day before which sparked hopes for restructuring and share sales, analysts said. SAMSUNG PRESENTS NEW DEVICES, PRESENTS THE NEXT FOLDABLE SMARTPHONE Investors were betting that …

Read More »

Blackstone Group will purchase Simply Self Storage in a $ 1.2 billion deal: WSJ

The main Fox Business Flash titles are here. Check out what FoxBusiness.com is clicking. Blackstone Group Inc. BX -0.24% reached an agreement to buy Simply Self Storage from Brookfield Asset Management Inc., BAM 0.06% betting on an industry that remained strong during the coronavirus pandemic. BLACKSTONE HITS A 4.7 BILLION DOLLAR DEAL WITH ANCESTRY The private equity firm’s unsecured real …

Read More »

South Korean Celltrion pharma COVID test gains US emergency use clearance

SEOUL (Reuters) – Celltrion Inc said Monday that it had received emergency use clearance (EUA) from the U.S. Food & Drug Administration (FDA) for its COVID-19 Sampinute rapid test kit, which increased the company’s shares and its affiliates. Celltrion said Sampinute delivers coronavirus test results within 10 minutes, with a sensitivity of around 94%. The authorization came three months after …

Read More »

Dunkin ‘Brands is discussing a potential sale to Inspire Brands

Out of Dunkin ‘Donuts in Hell’s Kitchen as the city continues phase 4 of reopening following restrictions imposed to slow the spread of the coronavirus on September 18, 2020 in New York City. Noam Galai | Getty Images Entertainment | Getty Images Dunkin ‘Brands Group, owner of the Dunkin’ Donuts and Baskin Robbins chains, held preliminary discussions about being acquired …

Read More »

Asian equities mute as S&P 500 futures slide off Reuters

© Reuters. FILE PHOTO: Passers-by wearing protective masks walk past a screen showing the average Nikkei stock and world stock indices, amidst the coronavirus (COVID-19) epidemic, in Tokyo By Wayne Cole SYDNEY (Reuters) – Asian equities got off to a subdued start Monday as rising coronavirus cases in Europe and the US threatened global prospects as Chinese leaders meet to …

Read More »