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Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Tesla's shares

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Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

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Amazon calls 2016 holiday season its best ever; shares rise

(Reuters) – Amazon.com Inc said it shipped more than 1 billion items worldwide this holiday season, which the top online retailer called its best ever, and its shares rose 1.6 percent in afternoon trade. The Amazon Echo home assistant and its smaller version, Echo Dot, topped the best-sellers list, said Jeff Wilke, chief executive of Amazon's worldwide consumer division, in a press release. Sales of voice-controlled

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Amazon calls 2016 holiday season its best ever; shares rise

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U.S. consumers ebullient; home prices gain

House prices continued their steady recovery in October, although a spike in borrowing costs after Trump's Nov. 8 victory could present a headwind to sustained home value gains. The Conference Board said on Tuesday its Consumer Confidence Index rose to 113.7 this month from an upwardly revised 109.4 in November. The gain in confidence was entirely due to

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U.S. consumers ebullient; home prices gain

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Last-minute spending surge lifts U.S. holiday shopping season

A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help many retailers beat sales forecasts, industry research groups said on Tuesday. Spending over the Thanksgiving weekend in November fell 3.5 percent from a year ago despite…

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Last-minute spending surge lifts U.S. holiday shopping season