Tesla just rolled out 2 new vehicles, but an ex-top GM exec thinks its ‘going out of business’
Tesla is a “losing enterprise” that won’t last, Bob Lutz, former vice chairman of General Motors, told CNBC on Friday.
Saudis expand crackdown with arrest of military officials and businessmen, WSJ reports
Saudi authorities have reportedly detained about two dozen military officials and several businessmen.
Saudi Arabia ‘settlement’: Why the kingdom is offering detained elites freedom for their assets
Saudi authorities are reportedly offering cash-for-freedom deals to wealthy elites detained in a corruption sweep.
JPMorgan broke money-laundering rules, Swiss regulator says
It was unclear what action, if any, the Swiss regulator had taken against JPMorgan.
Venezuela’s falling crude oil imports are a ‘huge red flag’ that could shock the market
A drop in Venezuela’s key oil imports has some analysts worried state oil giant PDVSA is struggling to fund operations.
A fugitive in Panama worked with Ivanka Trump on one of the family’s posh hotels overseas
Broker who spearheaded sale of a Trump-branded project did business with a money launderer for Colombian drug cartels and two criminals from former Soviet Union.
Venezuela is going through a messy economic default — here’s all you need to know
The South American country is negotiating with its international creditors how to restructure the repayment of $60 billion.
Why Russia might actually be better off quitting the OPEC deal
The world’s largest oil exporter could be poised to back out of a widely anticipated extension to global supply cuts, Chris Weafer, senior partner at Macro-Advisory, said Friday.
North Korea rules out negotiations on nuclear weapons
North Korea on Friday ruled out negotiations with Washington as long as joint U.S-South Korea military exercises continue.
Why the CEO behind one of the largest cryptocurrencies left AOL and Yahoo for blockchain
“For me, joining this industry was a belief that there is something, a movement, a fundamental change happening.”