Cannabis officially legal Oct. 17
Tesla SolarCity
Elon Musk and Tesla in the news again -- let's first talk about its solar business. The Reuters report coming on the heels of Tesla's announcement last week to cut 9% of its workforce. Solar roof hit the mkt just over a year ago. stock selling off -- another bump in road for Musk... Just last week, CEO Elon Musk said his company would stop selling SolarCity products at sales kiosks at around 800 Home Depot Inc. stores- that retail partnership reportedly generated around half of the division's sales. Burning through cash -- some investors don't see a viable strategy for the company to turn things around. How can Musk change the narrative and investors minds? Bernstein note today questioning Tesla's treatment of costs in its financial statements, saying margins on the cars they sell may have been overstated. How serious is this for Tesla?
J&J’s Drug Unit Chief Expands Portfolio in Executive Shakeup
Johnson & Johnson's head of pharmaceuticals, Joaquin Duato, will add the company's consumer business to his portfolio in an executive shakeup at the U.S. health-care conglomerate. J&J said Friday that Duato, 56, will take over much of the portfolio overseen by Sandra Peterson, 59, who is retiring on Oct. 1. Duato and Paul Stoffels, who leads J&J's drug research and development, will both be named vice chairmen of the New Brunswick, New Jersey-based company's executive committee.
Bitcoin Price Drops to Within $100 of 2018 Low
The price of bitcoin fell to within $100 of its 2018 low Friday morning as last weeks rally proved to be short-lived.
Harley says EU duties could prompt price hikes
Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its central European business said. Earlier this week, the European Commission said it would start charging import duties of 25 percent on a range of U.S. products from Friday after Washington imposed tariffs on EU steel and aluminum at the start of June. Harley says it is getting hit by tariffs twice: Once by the EU import duty and once by a rise in raw material prices resulting from U.S. steel tariffs.
Hours of Service violations down since ELD rollout: FMCSA
Phillips Connect Technologies Acquires Polish Electrical Components Company
