A crash in Kent, WA resulting in a fire had caused a slight decline in share values for Tesla. Share values of Tesla declined at the close of trading today due to the report from the electric car manufacturer of a fire in one of its vehicles due to a crash.
Investors
Gnanalingam becomes billionaire from Wesports Holdings IPO
Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.
Societe Generale to sell Asian financial unit
Societe Generale would sell its Asian financial unit priced around USD600 million, said sources that were cited in a Reuters report.
US retail sales to increase during holiday season
The National Retail Federation said the US retail sales would increase this holiday season by 3.9%. Retail sales in the US were expected to increase by 3.
FinGelit plans to go public next year
FinGelit Chief Executive Officer Mattia Malgara said the Italy-based food maker would be going public next year.
Latest News
Oregon-based Cascade Microtech announced its acquisition of ATT Advanced Temperature Test Systems. Cascade Microtech bought Germany-based ATT Advanced Temperature Test Systems for EUR 8.
A Federal Court in Australia ordered Li Ka-shing's companies to pay a total of AUD 776 million to the Australian Tax Office.
British insurance firm Aviva sold its US business to Athene Holding for USD 2.6 billion. Aviva Plc sold its US unit to Athene Holding for USD 2. 6 billion, fetching USD 800 million more than the initial price tag.
Empire State Realty Trust debuted on the New York Stock Exchange at USD 13.10 per share. Empire State Building owner Empire State Realty Trust Inc debuted on the New York Stock Exchange on Wednesday.
Accelerator program and investment firm 500 Startups announced that it was able to close USD 44.1 million for its second fund.
LENSAR closed USD 27 million in private equity financing and USD 60 million through credit financing.
The new four-division format of the NHL would also impact the league's finances, according to a report.
US and South Korea discussed the possibility of delaying wartime control transfer to South Korea's troops amidst fears of North Korea's weapons of mass destruction capabilities.
Italian prosecutors said that JP Morgan should be indicted after manipulating markets and falsifying documents when it took over Banca Antonveneta last 2008.
