Tesla shares jump as profits rise on lower expenses

Tesla shares surged Wednesday after the electric car maker reported a jump in profits, as increased auto sales and lower expenses offset the drag from a drop in vehicle prices.  The company, led by Elon Musk, reported third-quarter profits of $2.2 billion, up 17 percent from the year-ago period on an eight-percent increase in revenues […]

McDonalds: Burgers, bacteria and market bombing

McDonald’s Quarter Pounders are temporarily unavailable in some states across the U.S. due to an outbreak of Escherichia coli food poisoning. There has been one confirmed death from the toxin the bacterium produces, according to the BBC. In addition, one child is in hospital with haemolytic uremic syndrome, which can cause kidney failure. The U.S. Centers for Disease Control […]

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