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Tesla says Model 3 orders top $10 billion in first 36 hours

By Paul Lienert DETROIT (Reuters) – Tesla Motors Inc said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours — a fast start for the company's first mass-market vehicle, which may not begin to reach customers for another 18 months or more. Tesla Chief Executive Elon Musk tweeted on Friday that the Model 3, … See the rest here: Tesla says Model 3 orders... [Read more]

Panama lawyer at center of data leak denounces attack on privacy

The head of a Panama-based law firm at the center of a massive leak of offshore financial data on Sunday denied any wrongdoing, and said his firm has fallen victim to “an international campaign against privacy”. German newspaper Suddeutsche Zeitung said it received a cache of 11.5 million leaked documents from the law firm's database, and … Continued here:  Panama lawyer at... [Read more]

Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

By Makiko Yamazaki SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp … View original post here: Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts  Read More →

China factories scent hint of spring, Europe still chilly

By Jonathan Cable and Wayne Cole LONDON/SYDNEY (Reuters) – Activity in China's vast factory sector grew for the first time in nine months during March to bring a hint of spring to the global economy, although growth remained weak in … Here is the original: China factories scent hint of spring, Europe still chilly  Read More →

Strong U.S. jobs report unlikely to sway cautious Fed

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased solidly in March and wages rebounded, underscoring the economy's resilience, but the Federal Reserve is expected to remain cautious in raising interest rates this year due to slowing global growth. Nonfarm payrolls increased 215,000 last month, the Labor Department Original post: Strong U.S. jobs report unlikely to sway... [Read more]

iPhone may get new screen, wireless charging next year

iPhone to get a complete make over in 2017, a year earlier than previously predicted, according to a reliable Apple analyst. Here is the original: iPhone may get new screen, wireless charging next year  Read More →

Lockheed gets $1.5 billion deal for C-130J aircraft: Pentagon

WASHINGTON (Reuters) – Lockheed Martin Corp has won a contract worth $1.5 billion for work on 28 C-130J military transport aircraft funded by the fiscal 2016 defense budget, the Pentagon said on Thursday in its daily digest of major contracts. More: Lockheed gets $1.5 billion deal for C-130J aircraft: Pentagon  Read More →

Microsoft told potential Yahoo bidders it might back bids: report

(Reuters) – Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc! saying that Microsoft might be willing to offer “significant financing” for their efforts, tech news site Recode reported on Thursday. Microsoft's move is an attempt to ensure a good relationship with Yahoo's buyer, the website reported. Yahoo launched an auction of its... [Read more]

U.S. judge sets April 21 deadline for VW diesel fix

By Alexandria Sage SAN FRANCISCO (Reuters) – A federal judge on Thursday gave Volkswagen AG and U.S. regulators until April 21 to agree on a fix for the nearly 600,000 diesel vehicles on U.S. roadways caught up in VW's massive emissions cheating scandal. U.S. District Judge Charles Breyer had earlier set a March 24 deadline for Europe's biggest automaker to explain where it stood on... [Read more]

Exclusive: Honda and Takata’s stealth airbag fix

In August of 2009, after ruptured airbag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters. Honda Motor Co asked supplier Takata Corp to produce a “fail-safe” airbag inflator, according to Takata presentations and internal memos reviewed... [Read more]

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