Analyst Rod Lache downgraded Tesla shares to peer perform from outperform. Lache maintained his price target of $185.
Luxury automaker Porsche issues growth outlook after record 2022 earnings
Luxury carmaker Porsche AG sets long-term target of more than 20% of return on sales.
Britain’s BBC agrees star soccer host Gary Lineker can return to air after impartiality dispute
The BBC, Britain’s public service broadcaster, agreed on a deal with star soccer presenter Gary Lineker on Monday.
CNBC Pro: ‘Unprecedented growth’: Citi reveals its 4 top stocks in renewables right now
HSBC pays £1 to rescue UK arm of Silicon Valley Bank after all-night talks
British Finance Minister Jeremy Hunt on Sunday said that the government and Bank of England sought to “avoid or minimize” damage from the U.K. branch of SVB.
Bill Ackman says U.S. did the ‘right thing’ in protecting SVB depositors. Not everyone agrees
Billionaire investor and Pershing Square CEO Bill Ackman said the U.S. government’s intervention to protect depositors after the implosion of SVB is “not a bailout.”
Bitcoin jumps 10% with crypto market topping $1 trillion as U.S. creates backstop for SVB depositors
Cryptocurrencies rallied on Monday as the U.S. government moved to protect depositors of the collapsed Silicon Valley Bank and HSBC bought the bank’s U.K. arm.
Ukraine war live updates: Kyiv claims over 1,000 Russians died in Bakhmut in the last week; Ukraine’s first lady pleads for more weapons
Bakhmut remains the hot spot in the war between Ukraine and Russia, with the head of Ukraine’s armed forces describing the situation in the city as “difficult.”
Italy’s own version of Alexandria Ocasio-Cortez is shaking up politics in Rome
Elly Schlein was elected as the leader of the center-left party Partito Democratico — the first female to get the job.
A tidal power ‘mega project’ in one of Europe’s iconic waterways could power 1 million homes. But costs are huge
The scope and scale of the Mersey Tidal Power Project is huge.