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U.S. markets news

Tesla Plant in China May Be a First
BEIJING - Tesla is moving closer to becoming the first foreign car company to have a wholly owned manufacturing operation in China - but how much that will help the company is not yet clear.
Tesla Reaches Deal to Build Factory in China  Fortune
Tesla could hit second gear with Shanghai factory  Nasdaq
USA TODAY  
Fidelity Chairman Deals With Fallout From Sexual Harassment Claims
Less than a year into her tenure as chairman of Fidelity Investments, Abigail Johnson faces a crisis amid allegations that the mutual fund giant has a men's club mentality.
Fidelity Holds Meeting on Zero-Tolerance Policies After Harassment Allegations  Bloomberg
Wall Street may have its own Harvey Weinstein problem  Washington Post
Cisco nears deal to acquire BroadSoft: source
SAN FRANCISCO (Reuters) - Cisco Systems Inc, the world's largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday.
Cisco Near Deal for Software Maker BroadSoft  Bloomberg
Cisco Reportedly Near Broadsoft Buy; Tesla Said Near China Deal  Nasdaq
Guy Who Ran Really, Really Huge Scam Warns ICOs Are the "Biggest Scam Ever"
A hustler knows a hustle. So if you have ever considered sinking money into an initial coin offering—a complicated, barely regulated, and booming new form of financial vehicle where startups offer investors stakes in “new” cryptocurrencies rather than ...
'Wolf of Wall Street' warns ICOs are 'biggest scam ever'  Financial Times
ICOs are a “Gigantic Scam” Says World Famous Fraudster Jordan Belfort  Finance Magnates
Listeria concern prompts recall of more than 30 Meijer brand produce items
Grand Rapids-based Meijer Inc. has announced a recall of packaged produce items due to concerns over potential Listeria monocytogenes contamination.
Meijer recalls packaged produce due to listeria concerns  WXYZ
Meijer recalls store brand vegetable products citing listeria concerns  WILX-TV
De Blasio unveils effort to improve traffic by targeting deliveries and ...
Mayor de Blasio unveiled his traffic plan, with a goal of boosting traffic speeds in Midtown by 10% by the end of next year. (Benjamin Kanter/Mayoral Photo Office).
Why Blas is wrong to fight self-driving cars  New York Post
Mayor de Blasio Unveils Plan to Fight Traffic Congestion in Jam-Packed NYC  NBC New York
Last post: Titanic victim's letter sells for record $166000
LONDON (Reuters) - A personal letter found on the body of a man killed in the sinking of the Titanic sold at auction on Saturday for 126,000 pounds ($166,000), a record price for correspondence from the doomed liner.
Titanic passenger's letter written day before ship sank sells for $166K  New York Post
Unsent letter from Titanic passenger sets auction record  NBC Montana
Airlines Praise C Series Performance, Manage Early Issues
Long acknowledged as essential to the success of Bombardier's C Series, a smooth entry into service for the Canadian manufacturer's first narrowbody airliner has become an underpinning of Airbus's change of heart on backing the aircraft.
Airbus puts price tag on 'made-in-USA' label for C Series jet  Business Standard
Boeing Q3 Revenue To Rebound But C Series Deal, '797' In Focus  Nasdaq
Gold, Silver, Copper and Crude Oil Briefing
Gold at 1275.88 trading lower Monday breaking below 1275. And may test to 1265-1260 in here before again bouncing to 1280/90. Silver at 16.97 could see support near 16.85/80, and could bounce back near term to 17.10/20.
Crude palm oil futures fall 0.48% on profit-booking  Outlook India
Electric Vehicles Poised to Go Mainstream
The bumper sticker on the back of Scott Wilson's car reads, "This is what the end of gasoline looks like." And what does that car look like?
Ladies and gentlemen, the winners and losers of the electric car race (so far)  Quartz
10 Myths & Criticisms Of Electric Cars Explored & Exploded  CleanTechnica