India Breaking News: Biz Break: Rave review sends Tesla shares accelerating

Problem viewing email? View in Web Browser or Visit our website

Thursday, August 27, 2015

Biz Break

Biz Break: Rave review sends Tesla shares accelerating

Biz Break: Rave review sends Tesla shares accelerating

Today: Consumer Reports gushes over Tesla's zippy P85D electric car, calling it the best car the magazine has ever tested, sending Tesla stock up more than 8 percent. Also, Apple announces an event Sept. 9 where it's expected to unveil a new iPhone, and gets an encouraging forecast on its Apple Watch. Meanwhile, Netflix readies for its launch in Japan and Facebook cracks down on video pirates.

New iPhone expected at Apple event on Sept. 9

Apple has announced plans for a new product event Sept. 9 in San Francisco, where the giant tech company is expected to show off new iPhones and other gadgets eagerly anticipated by consumers.

Twitter tries to lure more users as it searches for CEO

Twitter's most urgent task is naming a new CEO. But the most formidable one is convincing enough people that its service is essential, easy to use and not just meant for celebrities, 16-year-olds and news junkies.

Sprint offers DirecTV customers free year of phone service

Sprint is offering DirecTV customers one free year of cellphone service in a bold move aimed at the satellite TV company's new owner, AT&T.

U.S. stocks rise after China market surge

U.S. stocks moved sharply higher Thursday afternoon as investors took advantage of this week's big sell-off to add to their holdings. The stock market is rebounding from a sharp six-day slump that was triggered by concerns about the health of the Chinese economy.

Review: New phones, tablets keep Samsung at Android helm

Samsung's new smartphones and tablets might not offer enough to entice current iPhone and iPad users to switch, but they keep Samsung at the head of the class among Android gadget makers.

Germany asks Facebook to delete racist posts

Germany's justice minister says he wants Facebook to delete racist content faster amid a surge in anti-migrant pages and comments on the social networking site.

Virginia TV shooting: Facebook, Twitter grapple with dark side of instant sharing

As posting, linking and streaming videos online becomes more immediate, the Virginia shooting highlights a growing challenge among social media companies that try to crack down on users who promote violence online, experts say.

Accused of cheating casino, gambler Phil Ivey fires back: What about the booze and women?

ATLANTIC CITY, N.J. (AP) -- A professional gambler accused of cheating an Atlantic City casino out of $9.

Macy's to challenge T.J. Maxx, others with new discount outlet

Macy's has an answer to T.J. Maxx and other stores that sell deeply discounted designer brands. The department store chain, which is set to open its previously announced 'Macy's Backstage' discount stores this fall.

San Bruno: PUC authorizes investigation into PG&E operations

State regulators approved Thursday a wide-ranging probe into PG&E's corporate culture and how it handles safety issues, amid concerns that linger nearly five years after a fatal explosion in San Bruno caused by the embattled utility, an investigation that could break up PG&E.

Sharks, skateboards, survival debut on Discovery VR network

Discovery is unleashing the first videos for its virtual reality network, Discovery VR, a fledgling service that is testing the limits and capabilities of the immersive format.

FDA lays out naming rules for lower-cost biotech drugs

The Food and Drug Administration has released its proposal for naming lower-cost biotech drugs, a critical step in creating a market for the new class of medicines.

Has South African team solved solar tech that has stumped Google?

By thinking small, a group of South African scientists may have pioneered solar technology that has stumped Internet giant Google.

US economy grew more than first though in April-June quarter

The U.S. economy posted a much bigger rebound in growth during the spring than previously reported, thanks to greater spending by businesses and consumers.