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Business

Is it time to revive the rumors that Apple will buy Tesla? Here's why one expert thinks so

The bad news seems to keep on coming for Tesla Inc., and one expert says this is the year the electric-car company "comes undone" – and maybe gets bought by Apple Inc. Scott Galloway, an author , marketing professor at New York University and Occasional MarketWatch contributors, said in an interview Wednesday with Yahoo Finance that he believes Tesla                              …

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Morgan Stanley Adam Jonas is a private bad call to Tesla

No one can say that analyst Adam Jonas of Morgan Stanley has never been a true believer in Tesla. In years he was one of the company's biggest cheerleaders, an Evangelist for its technology and a promoter of Elon Musk's vision for the auto industry. But on a private call to Wall Street clients on Wednesday, Jonas's sound was like …

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MediaNews Group bids $ 5 million for Reading Eagle Company assets, plans to silence WEEU

The amount was the minimum set for the purchase. Reading, PA –                      MediaNews Group offered the minimum bid to purchase the assets of the bankrupt Reading Eagle Company and plans to shut off radio station WEEU 830 AM when the deal is finalized, according to court documents filed Tuesday. An asset purchase agreement filed in federal bankruptcy court, …

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Lowe's share after posting a mixed profit in the first quarter

Lowe's share fell 10% on Wednesday as costs were higher on its first-room fiscal revenues, which fell on analyst estimates, and prompted home improvement retailers to reduce its forecast for the year. Lowe has been in transition since the CEO Marvin Ellison joined the retailer less than a year ago. The company is trying to improve its operation, but its …

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Speedy reactor cleanups carry both risks and rewards

PLYMOUTH, Mass. (AP) – Companies specializing in the handling of radioactive material are buying retired U.S. nuclear reactors from utilities and promising to clean them up and demolish them in dramatically less time than usual – eight years instead of 60, in some cases. Turning nuclear plants over to outside companies and decommissioning them on such a fast track represents …

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