Tesla isn't quite invading the Motor City, but it's getting closer: The company confirmed to Quartz that it has acquired Grand Rapids, Michigan-based Riviera Tool, which makes complex machinery that is already being used in Tesla factories.
Hedge fund billionaire Dan Loeb got a round of applause at the SALT hedge fund conference in Las Vegas on Wednesday for describing Warren Buffett as a hypocrite.
Whole Foods is gearing up to open a new, lower-cost chain of stores next year aimed at younger shoppers. The new chain will cost less to operate, but be "hip, cool, and technology-oriented," CEO John Mackey said on a conference call.
The dollar held near three-month lows after Federal Reserve Chair Janet Yellen warned that both stocks and bonds are richly valued.
TOKYO (AP) - Asian markets drooped Thursday after comments from the U.S. Federal Reserve chief fanned fears about the American economy and sent Wall Street lower.