Tesla will stop accepting digital currency Bitcoin for vehicle purchases, Tesla's Chief Executive Officer Elon Musk said on Wednesday.
Wall Street's main indexes edged higher on Thursday. The Dow Jones Industrial rose by 0.11% at the open, while the S&P 500 surged by 11.95 points or 0.29%.
On Thursday, McDonald's Corporation announced a 10% pay increase in nearly 660 US restaurants.
The United States Energy Secretary Jennifer Granholm revealed on Thursday that the US fuel shortages should end by the end of the day.
On Thursday, Alibaba issued an increased annual earnings forecast, which was based upon good e-commerce trends.
On Thursday, stock markets around the globe declined, as a sell off was caused by higher than expected US inflation data being released on Wednesday.
UK engineering giant Rolls-Royce is sticking to its 2021 outlook for the positive free cash flow on the back of expected rebound in economy and travelling.
Bird Rides stated that it is set to merge with blank-check firm Switchback II Corp to go public in a deal, which would value the EV scooter rental firm at $2.3B.
Sweden's Skanska stated that it would invest $476M in its largest commercial property project to date, office buildings near Seattle in the US.
Tesla said via Weibo that it supports the China auto industry standardisation, commenting on cyberspace administration's draft rules on auto data regulation.
The US Consumer Prices Index soared 0.8% in April, the strongest monthly increase since 2009, driving the inflation rate to the highest level in nearly 13 years, the government reported.
Amazon won the court against the EU order to pay about €250M in back taxes to Luxembourg in a blow to campaign against preferential deals.
Swedish automaker Volvo Cars considered listing on the Nasdaq Stockholm stock exchange in 2021, and also said that it prolonged CEO Hakan Samuelsson's contract to the end of next year.
During Wednesday's trading session, Ethereum, the second-largest cryptocurrency by market capitalization, climbed to $4,372.35, eclipsing the previous record hit on Monday.
Gasoline shortages worsened in some parts of the United States on Wednesday, as the shutdown of the country's biggest fuel pipeline by hackers entered its sixth day.
On Wednesday, Lyft and Uber ride-sharing platforms called for more public subsidies to meet with the proposed rules by California's CARB, mandating electric vehicles account for 90% of ride-hailing service.
US stocks edged lower on Wednesday. The Dow e-minis were down by 136 points or 0.40%, the S&P 500 e-minis declined by 0.69%, while the Nasdaq 100 e-minis fell by 172.5 points or 1.29% at 8:43 a.m. ET.
The US Defense Department is set to remove China's tech giant Xiaomi Corp from the government blacklist, according to a court filing published on Wednesday.
On Wednesday, the US Bureau of Labor Statistics published the monthly Consumer Price Index and Core Consumer Price Index numbers. CPI was 0.8% instead of 0.2% and Core CPI was at 0.9% instead of 0.3%.
Germany's carmaker BMW is planning to roll out a fuel cell model sports utility vehicle of limited series in 2022 as it keeps searching for zero-emission alternatives to the battery-electric vehicles.
On Wednesday, Just Eat Takeaway.com announced the further launch of its grocery delivery service in German, as well as plans to introduce the service to other markets.
On Wednesday, a French court ruled that Airbus and Air France would stand trial over a crash in 2009, which caused the death of 228 people.
On Wednesday, SoftBank Group reported a $36.99B profit at the Vision Fund unit in the Q4, following a gain on Coupang investment, underscoring the firm's recover after its record loss last year.
Samsung electronics is expecting a pandemic-caused boom in sales of home appliance extending its run to the rest of the current year due to prolonged travel and other coronavirus-related restrictions.