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  • Nima Kalbasi, a 28- year-old Canadian, then "tried to harm Tesla's reputation and credibility by making false and misleading comments," the Federal Bureau of Investigation said in a statement on Thursday. Kalbasi, who had worked as a mechanical engineer for the electric vehicle maker, which is based in Palo Alto, California, was arrested in Vermont on Aug. 24.

  • WASHINGTON— Federal law enforcement officials will be routinely required to get a search warrant before using secretive and intrusive cellphone-tracking technology under a new Justice Department policy announced Thursday. The seven-page policy, the first of its kind, is designed to create a uniform legal standard for federal law enforcement agencies...

  • PLEASANTON, Calif. _ The Cooper Cos. on Thursday reported fiscal third-quarter net income of $45 million. Nine analysts surveyed by Zacks expected $466.5 million. For the current quarter ending in November, Cooper Cos. expects its per-share earnings to range from $2.07 to $2.17.

  • SAN JOSE, Calif. _ VeriFone Systems Inc. on Thursday reported fiscal third-quarter net income of $9.5 million, after reporting a loss in the same period a year earlier. Ten analysts surveyed by Zacks expected $501.2 million. For the current quarter ending in November, VeriFone expects its per-share earnings to range from 47 cents to 48 cents.

  • NEW YORK _ Vince Holding Corp. on Thursday reported a fiscal second-quarter loss of $5 million, after reporting a profit in the same period a year earlier. Vince Holding expects full-year earnings in the range of 31 cents to 37 cents per share, with revenue in the range of $285 million to $295 million. Vince Holding shares have decreased 64 percent since the...

  • NEW YORK— Authorities say a 19- year-old construction worker is dead and two others are seriously injured after a wall collapsed on them at a Brooklyn construction site. It happened at 11:37 a.m. Thursday at a building on Myrtle Avenue in the Bedford- Stuyvesant neighborhood. Officials said the three men were working on the building when a cinder block wall...

  • SAN FRANCISCO, Sept 3- A former Tesla Motors engineer has been charged in federal court with felony computer intrusion for accessing his manager's email account, sharing employee evaluations with others and posting confidential information on the Web. Nima Kalbasi, a 28- year-old Canadian, then "tried to harm Tesla's reputation and credibility by making...

  • NEW YORK, Sept 3- The euro fell 1 percent on Thursday on a darkening euro zone outlook, while U.S. stocks pared sharp early gains as investors grew cautious ahead of Friday's key jobs report. Stocks rallied earlier following European Central Bank President Mario Draghi's pledge to beef up or prolong the bank's economic stimulus if necessary.

  • WASHINGTON— With the Federal Reserve edging into the spotlight, Friday's jobs report for August could trigger eventual changes in Americans' financial lives. It would also send a reassuring signal that global stock-market turmoil and China's slowdown have yet to seriously jar the U.S. economy. But the turbulence in global stock markets, a U.S. inflation rate...

  • *Brent up 18 cents after wild ride; U.S. crude rises 50 cents. NEW YORK, Sept 3- Oil prices inched higher on Thursday in see-saw trade, tracking gains in Wall Street equities for a second straight day despite a weekly build in U.S. crude inventories that weighed on the outlook for oil. "Early strength and a late fade," Donald Morton, an oil trader with Fairfield, Connecticut-...

  • NEW YORK— China's economic problems have been a windfall for some U.S. small businesses— and pose a threat to others. Fucci is heading to China this weekend on a sales trip, optimistic that she'll find more buyers. But U.S. small businesses overall may feel little impact from the weakness in China's economy, says Ravi Madhavan, a professor at the University of...

  • NEW YORK— Authorities say a doctor who's treated airline pilots at New York's Kennedy Airport is accused of selling oxycodone prescriptions. Prosecutors say Surya, who has an office at a medical facility at Kennedy Airport, wrote prescriptions for people who didn't need them. They say he charged $60 for a prescription, but increased the price to $100 after...

  • NEW YORK, Sept 3- The euro fell more than 1 percent on Thursday, surrendering most of the gains it made against the dollar following China's devaluation of the yuan last month, after European central bankers cut economic growth targets and left interest rates unchanged. The European Central Bank lowered its forecasts for inflation and economic growth, citing a...

  • *Intel boosts S&P, Apple holds weighs. Sept 3- Wall Street rose on Thursday after European Central Bank chief Mario Draghi hinted at additional stimulus measures and ahead of a key U.S. jobs report that could figure in the Federal Reserve's decision about when to lift interest rates. "Whether it's in the U.S., Japan or Europe, the market likes quantitative easing," said...

  • However, no incidents or injuries have been reported, the U.S. Consumer Product Safety Commission said Thursday. They were sold at Cannondale dealers between July 2010 and July 2015 for between $2,000 and $10,000. Customers can also call Cycling Sports Group at 800-245-3872 from 9 a.m. to 6 p.m. ET Monday through Friday for more information.

  • PITTSBURGH— The former CEO of Pittsburgh health insurance giant Highmark Inc. is suing the company for $32 million, saying he was wrongfully fired because he refused to fire a female employee with whom he was having an affair. Kenneth Melani filed the lawsuit late Wednesday in Allegheny County. Melani argues in the lawsuit it would have amounted to...

  • CHICAGO, Sept 3- U.S. wheat futures sank to multi-year lows on Thursday, weighed down by ample supplies and weak demand for U.S. exports, traders said. The Chicago Board of Trade reported heavy deliveries against expiring wheat and corn contracts on Wednesday evening, reflecting the easy availability of supplies on the cash market. Egypt's government buyer...

  • NEW YORK, Sept 3- Before they found fame, or found each other, what did celebrity couples like Dr Phil and Robin McGraw do in their first jobs? In the latest in Reuters' monthly' First Jobs' series, we talked to couples who work as TV personalities, actors, models or authors about their first gigs and found their starts were often humble. Phil: Back in Oklahoma City, I had...

  • The Federal Reserve and European Central Bank have been striving to generate a small dose of inflation— around 2 percent annually, just enough to spur more spending and income but not so much that prices surge out of control. ECB President Mario Draghi faced that very question at a news conference Thursday in Frankfurt, Germany. In the United States, the Fed's...

  • Sept 3- Former Wilmington Trust Co shareholders may pursue their securities fraud lawsuit over mounting loan losses that led to the company's discounted sale to M&T Bank Corp as a class action, a Delaware federal judge ruled on Thursday. Mounting loan losses led to Wilmington's Nov. 1, 2010 agreement to sell itself to Buffalo, New York- based M&T Bank Corp at a 46...