Business

News Hour: MuleSoft Inc’s shares jumped as much as 52.5 percent in their debut on Friday, giving the enterprise software company a market capitalization of about $3.27 billion. The IPO kicks off what is expected to...

News Hour: Tesla Inc said on Friday it had raised about $1.2 billion, roughly 20 percent more than it had planned, by selling common shares and convertible debt, ahead of the launch of the crucial Model...

News Hour: Apple will set up two new research and development centers in Shanghai and Suzhou in China, it said in a statement in its Chinese website on Friday. Apple said it is adding the two...

News Hour: General Motors announced it will add or retain approximately 900 jobs across three Michigan facilities during the next 12 months. The 900 jobs are in addition to the 7,000 jobs and $1 billion in...

News Hour: As part of the company’s ongoing commitment to Corporate Social Responsibility (CSR), Aston Martin has formed a new partnership with local Leamington Spa based charity, Helping Hands. The Charity provides support to vulnerable people...

News Hour: Tesla on Wednesday announced plans to raise $1.15 billion in new funding to help fuel production of a mass market-targeted Model 3 electric car set for release this year. Tesla said that it planned...

News Hour: President Donald Trump paid $38 million in taxes on more than $150 million in income in 2005, the White House said on Tuesday, responding to an MSNBC report that the network had obtained two...

News Hour: Karim Habib, former Head of BMW Design has been named Head of INFINITI Design, effective July 1, 2017. Habib has an accomplished track record in Automotive Design for several premium automotive brands, including BMW...

News Hour: Chinese telecom equipment maker ZTE Corp, which last week agreed to plead guilty and pay nearly $900 million for breaching U.S. sanctions, on Tuesday named Yin Yimin as its new chairman with immediate effect....

News Hour: The 2017 advertising revenue forecast for Snap Inc’s Snapchat has been trimmed by $30 million due to higher than expected revenue sharing with its partners, digital marketing firm eMarketer said in its latest ad...