Economy

FILE - In this March 9, 2013, file photo, Electric car maker Tesla’s CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an “excruciating year.” In the newspaper’s account of the interview, published Friday, Musk said he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. (AP Photo/Jack Plunkett, File)
August 17, 2018 - 4:16 pm
Shares of Electric car maker Tesla Inc. tumbled about 9 percent Friday after CEO Elon Musk conceded in a newspaper interview that job stress may be getting the best of him. Tesla shares closed at $305.50, their lowest level since Aug. 1, as analysts and business professors questioned whether the...
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FILE - In this March 9, 2013, file photo, Electric car maker Tesla’s CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an “excruciating year.” In the newspaper’s account of the interview, published Friday, Musk said he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. (AP Photo/Jack Plunkett, File)
August 17, 2018 - 4:14 pm
NEW YORK (AP) — The Latest on Tesla CEO Elon Musk (all times local): 4:00 p.m. Tesla shares are closing with a loss of $29.95, about 9 percent, at $305.50 after CEO Elon Musk told the New York Times that the stress of the job is getting to him. The company lost $5.5 billion in market value Friday...
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FILE- In this April 24, 2018, file photo replicas of Arturo Di Modica's "Charging Bull" are for sale on a street vendor's table outside the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug 17. (AP Photo/Mary Altaffer, File)
August 17, 2018 - 12:16 pm
NEW YORK (AP) — U.S. stocks are slightly higher at midday Friday as a dip in bond yields sends high-dividend companies upward and strong sales from Deere help industrial companies. Chipmakers are sliding, leading losses for technology companies. Tesla is falling further on reports of a growing...
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People walk past a currency exchange shop in Istanbul, Friday, Aug. 17, 2018. Turkey's lira currency fell once again, as Turkey and the United States exchanged new threats of sanctions Friday, keeping alive a diplomatic and financial crisis. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 10:54 am
ANKARA, Turkey (AP) — A detained American pastor has become a symbol of a growing rift between Turkey and the United States, but problems in the Cold War-era alliance as well as Turkey's own financial crisis are unlikely to dissipate even if he is released and Washington eases economic penalties...
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A general view of Istanbul, Thursday, Aug. 16, 2018. Turkey's finance chief tried to reassure thousands of international investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis.The national currency recovered somewhat from record lows hit earlier this week. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 10:13 am
ANKARA, Turkey (AP) — A detained American pastor has become a symbol of a growing rift between Turkey and the United States, but problems in the Cold War-era alliance as well as Turkey's own financial crisis are unlikely to dissipate even if he is released and Washington eases economic penalties...
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FILE- In this April 24, 2018, file photo replicas of Arturo Di Modica's "Charging Bull" are for sale on a street vendor's table outside the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug 17. (AP Photo/Mary Altaffer, File)
August 17, 2018 - 10:09 am
NEW YORK (AP) — U.S. stocks are mostly lower Friday morning as chipmakers slide, leading losses for technology companies. Energy companies are rising with oil prices. Tesla is falling further on reports of a growing government investigation into the company. KEEPING SCORE: The S&P 500 index...
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FILE - In this March 9, 2013, file photo, Electric car maker Tesla’s CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an “excruciating year.” In the newspaper’s account of the interview, published Friday, Musk said he was working up to 120 hours a week and sometimes takes Ambien to get to sleep. (AP Photo/Jack Plunkett, File)
August 17, 2018 - 9:39 am
NEW YORK (AP) — The Latest on Tesla CEO Elon Musk (all times local): 9:35 a.m. Tesla shares are falling as investors deal with another surprising development surrounding CEO Elon Musk. Musk admitted in an interview with The New York Times that stress is taking a heavy toll on him. The company has...
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A general view of Istanbul, Thursday, Aug. 16, 2018. Turkey's finance chief tried to reassure thousands of international investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis.The national currency recovered somewhat from record lows hit earlier this week. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 8:58 am
ANKARA, Turkey (AP) — Turkey and the United States exchanged new threats of sanctions Friday, keeping alive a diplomatic and financial crisis that is threatening the economic stability of the NATO country. Turkey's lira fell once again after the trade minister, Ruhsar Pekcan, said Friday that her...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 17, 2018. Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.(AP Photo/Ahn Young-joon)
August 17, 2018 - 8:08 am
TOKYO (AP) — World stock markets turned lower during European trading hours Friday as investors worried again about Turkey's financial trouble, after Asian stocks rose on news China is preparing to resume trade discussions with the U.S. KEEPING SCORE: Britain's FTSE 100 fell 0.3 percent to 7,537...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 17, 2018. Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.(AP Photo/Ahn Young-joon)
August 17, 2018 - 4:31 am
TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month. KEEPING SCORE: Britain's FTSE 100 gained 0.3 percent to 7,575.97 and the CAC 40 in France added 0.2...
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