A $9 trillion corporate debt bomb is ‘bubbling’ in the US economy

At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it’s a manageable problem, at least for …

Tesla is weeks away from hitting 7,000-Model 3’s-per-week production milestone

Tesla Inc. CEO Elon Musk is pushing his factory workers in Fremont to consistently produce 7,000 Model 3 sedans per week by the end of November, according to an internal email obtained by Electrek. Musk said he planned to walk the entire Model 3 production line on Nov. 27 and …

Tesla slashes prices on home solar systems to spur sales

Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters on Thursday. Effective on Thursday, price quotes for potential solar customers will be …

Robyn Denholm replaces Elon Musk as Tesla’s board chair

On Wednesday night, Tesla announced Robyn Denholm has taken Elon Musk’s place as chair of the company’s board. She will also be leaving her role as CFO and Head of Strategy at Telstra, Australia’s largest telecommunications company, after a six-month notice period there, to focus on her work as Tesla …

RED WAVE, BLUE WAVE: What could happen to markets if Republicans win big or lose big on Tuesday

The midterm elections Tuesday have huge stakes not only for the future of health care, taxes and immigration, but also for the U.S. economy and investors. Polls and forecasters suggest Democrats have a good chance of taking control of the House, while Republicans are favored to keep a slim majority …

Hedge Fund Three Bays to Close After Poor Performance

Hedge fund Three Bays Capital plans to shutter after years of weak performance, according to people with knowledge of the matter. The company, which was started in 2013 by former Highfields Capital Management money manager Matthew Sidman, will return capital to investors on Dec. 1, said one of the people, …

Tesla’s new auto-parking feature to be ready in 6 weeks, Elon Musk says

An upgrade to Tesla’s ‘Summon’ auto-parking feature will be ready within six weeks and will allow its vehicles to drive around a parking lot, find an empty spot and read parking signs, Chief Executive Elon Musk said on Thursday. The upgrade will be compatible in all Tesla cars made in …

Top 4 ETFs for Investing in Vietnam

As Vietnam continues to shift from a controlled economy to a market economy, it is joining the world marketplace. Its agricultural products have become a significant export, and it is attracting foreign investments. Investors wanting exposure to Vietnam can buy exchange-traded funds (ETFs) that either focus on Vietnam or have …

Wall Street pros warn we may be experiencing ‘peak earnings’

Seeking a scapegoat for October’s stock market convulsions? Try the dark cloud looming on the horizon known as peak earnings growth. With profit growth poised to slow sharply in 2019 for a number of reasons – chief among them less of a jolt from the Trump tax cuts – the …

Investors weigh whether to ditch stocks for bonds as yields finally offer an alternative

Farewell, TINA? TINA is the acronym for “there is no alternative,” a market mantra that reflected the frustration of investors who saw no alternative to stocks in a post-financial crisis world dominated by ultralow government bond yields as the Federal Reserve and other global central banks embarked on asset-buying programs …