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Tesla’s China factory set to begin production late next year

Qilai Shen | Bloomberg | Getty Images A Tesla Motors Model S electric automobile at one of the company’s electric charging stations in Beijing on March 9, 2016. Tesla is on pace to begin production at its factory in China in the second half of next year, the Shanghai government …

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Facebook ‘has created too many adversaries’: Stifel lowers to ‘hold’

Marlene Awaad | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018.  Stifel on Wednesday published a note saying it has lowered its rating for Facebook shares from “Buy” to “Hold,” …

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USA Gymnastics files for bankruptcy in wake of sexual abuse scandal

Brendan McDermid | Reuters Victim and Olympic gold medalist Aly Raisman speaks at the sentencing hearing for Larry Nassar, (R) a former team USA Gymnastics doctor who pleaded guilty in November 2017 to sexual assault charges, in Lansing, Michigan, January 19, 2018. USA Gymnastics filed for reorganization under Chapter 11 …

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