Tesla’s Elon Musk reached back to his days at PayPal for the electric-car maker’s first-ever incentive offer. Anyone who orders a new Model S sedan before Oct. 31 using the referral link of a current owner will get $1,000 off the purchase price, under the program announced July 29. The owner also receives a $1,000 discount that can be applied to a new car, a service center visit or accessories. Bloomberg's Dana Hull has more on "Bloomberg Markets." (Source: Bloomberg)
China’s Great Wall Motor Co. reduced its A-share sale plan by 29 percent after a stock rout wiped out $5 trillion from the nation’s equity markets.
With sales up this year for the automaker, largely due to the success of its crossover, I took the MKC for a few spins
Bentley’s showroom in Kazakhstan is suffering from a drop in demand as the country’s currency crisis hits rich and poor.
Tesla Motors Inc.’s Elon Musk reached back to his days at PayPal for the electric-car maker’s first-ever incentive offer.
Full episode of "What'd You Miss?" Guests: Gordon Chang, author of "The Coming Collapse of China" and Alberto Ramos, chief Latin America economist at Goldman Sachs. (Source: Bloomberg)
It happened again.
Here’s the bright side for all the investors who’ve been so worried about banks using less money to facilitate trading in the $8 trillion corporate-bond market: at least Wall Street wasn’t a big seller in this latest rout.
Sheena Bora disappeared three years ago.
St. Louis Federal Reserve President James Bullard said that while world financial markets are volatile, U.S. fundamentals are good and the interest rate-setting Federal Open Market Committee shouldn’t alter its forecast for the economy.
Greece’s election campaign formally kicked off with polls showing Alexis Tsipras’s lead over opposition parties narrower than what the former prime minister was banking on to return to power.
Oil-producing states defied the U.S. housing crash by posting gains in home values as the rest of the nation suffered. Now, with crude trading at half what it was a year ago, it may be their turn for lower property prices.
Canadian stocks rose to cap the biggest four-day rally since 2011 as the benchmark index continued to climb back from an almost two-year low.
Minneapolis Fed President Narayana Kocherlakota discusses the inflation factor in Federal Reserve monetary policy. He speaks from the Jackson Hole economic symposium in Jackson Hole, Wyoming on "Market Makers." (Source: Bloomberg)
Hungary’s central bank isn’t neglecting its inflation goal, and its main priority remains targeting price growth, said Janos Cinkotai, a Hungarian rate-setter who’s been studying prices since the communist era.
TPG Capital, the private equity firm run by David Bonderman, hired Ladder Capital Corp.’s Greta Guggenheim to head its newly formed real estate debt unit.
Sorry, now you can’t afford Queens, either. Apartment sales in the outer boroughs are higher than ever
On a street with some of New York’s most expensive homes, a two-bedroom apartment can be found for $849,000 -- a relative bargain in supply-strapped Manhattan.
U.S. homebuilders are facing a looming shortage of skilled workers that threatens the industry’s growth, according to Tri Pointe Group Inc. Chief Executive Officer Doug Bauer.
Blackstone Group LP’s Equity Office unit, the No. 2 office landlord in the U.S., named Eli Khouri president and chief executive officer to succeed Tom August, who is retiring.
Kym Arnone, a Barclays Plc managing director who led the bank’s sales of bonds backed by money state and local governments receive from their legal settlement with cigarette makers, has left the company.
Consumer purchases climbed in July as incomes grew, showing the biggest part of the U.S. economy was off to a good start to the quarter.
Mylan NV’s shareholders voted in favor of moving forward with a $33 billion hostile bid for over-the-counter drugmaker Perrigo Co., putting the fate of the deal in Perrigo investors’ hands.
U.S. stocks ended little changed, with the Standard & Poor’s 500 Index on track for its worst month since May 2012, as equities found some respite from the wide swings prevalent earlier this week.
European stocks fell on Friday, nearing the end of a week that has seen the wildest swings in years.