Tesla CEO Elon Musk wrote a letter to the residents of New Jersey saying the state's regulation is fundamentally contrary to the intent of the law. CNBC's Phil LeBeau reports.» Read More
NEW YORK, March 16- U.S. stock investors will start the week on edge as markets worldwide react to the referendum that appears to back Russia's claim to Ukraine's Crimean peninsula, even if the vote result is not internationally recognized.
NEW YORK, March 14- Investors will start the week early as the Sunday referendum to decide if Crimea becomes part of Russia or remains Ukrainian will likely reverberate in markets worldwide.
March 14- Tesla Motors Inc escalated its war of words with New Jersey on Friday, lambasting a regulatory change approved by the state earlier this week that bars the "green car" company from selling vehicles directly to the public.
March 14- Tesla Motors Inc is studying "judicial remedies" to fight a New Jersey ruling approved this week that bars the electric car maker from selling cars directly to the public in the state.
The original agreement announced in December 2012 was valued at up to $120 million. The U.S. District Court in New Jersey approved the settlement on a preliminary basis in 2013. Aetna had agreed to pay $60 million after final approval, and up to $60 million more after claims were submitted and validated. Shares of Aetna Inc. slipped 99 cents to $71.92 Friday.
NEW YORK-- Home decor retailer Bed Bath& Beyond is asking its vendors to voluntarily cut down use of some harmful chemicals in their products. Bed Bath& Beyond said it recommends vendors try to reduce or eliminate those substances on a voluntary basis.
State officials brushed aside a new criticism of how federal aid has been doled out in response to Superstorm Sandy after a group of small business owners accused the New Jersey Economic Development Authority on Wednesday of being too slow to distribute grants that can keep damaged businesses afloat.
*Fannie Mae, Freddie Mac shares fall on Senate proposal for wind-down. NEW YORK, March 12- U.S. stocks finished little changed on Wednesday, with the Nasdaq up for the first session in five, as investors grappled with the evolving situation in Ukraine but shrugged off concern over weakness in China's economy.
NEW YORK, March 12- New York's Albany County on Wednesday issued a moratorium on the expansion of crude oil processing in the Port of Albany, pending a public health investigation.
You, however, are not Yale and neither, likely, is your pension fund, university endowment or personal portfolio. Understanding why what is good for the goose underperforms for the gander is key to not just Yale's fantastic performance, but improving your own.
*Herbalife shares tumble on FTC investigation. NEW YORK, March 12- U.S. stocks were little changed on Wednesday, as equities recouped much of their earlier declines amid signs of progress in diplomatic attempts to ease tensions in Ukraine.
CNBC's Phil LeBeau reports on the number of Tesla vehicles sold in New Jersey versus all vehicles sold in the state to predict what kind of impact the latest ban on direct auto sales will have on the company.
NEW YORK, March 12- U.S. stocks were little changed on Wednesday, as equities recouped much of their earlier declines amid signs of progress in diplomatic attempts to ease tensions surrounding Ukraine.
New Jersey became the third state to ban the company from selling vehicles directly to the public. But the dispute is far from over.
NEW YORK, March 12- Copper declined to near four-year lows and global stock indexes fell for a fourth day on Wednesday as increasing concern about China's economic slowdown sent a wave of unease through financial markets.
The New Jersey Motor Vehicle Commission voted unanimously to pass a rule that will end Tesla's direct sales of cars to consumers in the Garden State, reports CNBC's Phil LeBeau.
*EPL Oil to be acquired by Energy XXI for $2.3 bln. NEW YORK, March 12- U.S. stocks declined on Wednesday, putting the S&P 500 on track for a third straight decline after its most recent record high, as concerns grew over the strength of China's economy. London copper, seen as a proxy for China's economic health, fell for a fourth day to its lowest level since July 2010.
Colin Rusch, Northland Capital Markets senior analyst, discusses Tesla's sales model in the wake of the New Jersey Motor Vehicle Commission decision to ban auto manufacturers from selling cars directly to consumers.
TRENTON, N.J.-- New Jersey fell just short of a recent health insurance exchange enrollment target, and a bigger deadline looms at the end of the month. According to data released Tuesday by the federal Health and Human Services Department, more than 74,000 residents had selected a plan by March 1.
The Department of Justice is looking into Generl Motor's ignition key recall, reports CNBC's Phil LeBeau.