Two pillars of Elon Musk's empire are facing financial crunches as the entrepreneur seeks to combine the two companies through a controversial acquisition.
Markets in Asia opened mostly lower on Thursday, with sentiment weighed by sharp overnight declines in oil prices, while traders were also looking ahead to Friday's key U.S.
U.S. Secretary of the Treasury Jack Lew attends a news conference at the close of the G20 Finance Ministers and Central Bank Governors meeting in Chengdu in Southwestern China's Sichuan province, Sunday, July 24, 2016.
August has disappointed the market nine of the last 12 years and is usually followed by substantial revisions. Jeff Cox | @JeffCoxCNBCcom.
NEW YORK Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted a loss for August, the first negative month for the benchmark index since February.