Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
The one-to-eight stock split would mean the current number of ordinary shares — which stands at 4 billion — will increase to 32 billion. It comes ahead of a reported Hong Kong...Asia Marketsread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
The findings by McKinsey and Company come amid a year-long tariff fight between the U.S. and China, which has spilled into areas such as technology and security.China Economyread more
Microsoft's considerable reach into the corporate world isn't something Slack CEO Stewart Butterfield is very concerned about.Technologyread more
In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Beto O'Rourke's campaign for the 2020 election raised just $3.6 million in the second quarter of this year, putting him in the lower tier of candidates who have struggled to...2020 Electionsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
People who are worried about whether their designer luggage will make it onto the baggage carousel at their destination need be concerned no longer: upscale maker Louis Vuitton has just released a tracking device, which is yours for a few hundred dollars.
The Louis Vuitton Echo is on sale now for $370, comes in two colors and promises peace of mind. It tracks luggage through an airport, on landing, and notifies travelers of its location and whether it was opened during the trip. It works with the LV Pass smartphone app, and automatically switches itself to airplane mode while flying.
It's been designed to go with LV's Horizon 50, 55 and 70 ranges of suitcases, which start at $2,800 for a cabin bag and up to $4,650 for a customized larger case. The internet-connected device can be clipped into a pocket inside the bags, or used with regular luggage.
French company Sigfox is behind the technology that powers the Echo device, and it can be used in airports in the U.S., Europe, South America and parts of Southeast Asia. China, where shoppers make up 32 percent of the world's luxury buyers, is not yet on the list.
Smart luggage is a small but growing part of the $6 billion global luggage market, where suitcases feature USB ports that travellers can use to charge their cell phones. But some airlines in the U.S. are restricting their use, if the lithium-ion batteries can't be removed.
Sigfox developed its Monarch service to allow companies to track devices all over the world, for example logistics businesses that want to track their fleets globally. The technology works using local radio frequencies.
CNBC's Leslie Josephs contributed to this report.