industrial goods
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and …
Intel Files to Take Self-Driving Unit Mobileye Public
Intel Corp. INTC -0.01% said it has filed paperwork to take its Mobileye self-driving car unit public as the semiconductor giant tries to spark investor enthusiasm in its own shares and capitalize on growing demand for automated driving. Intel last year said it was going to list Israel-based Mobileye, which it bought in 2017 for …
Tesla Failed to Oversee Elon Musk’s Tweets, SEC Argued in Letters
WASHINGTON—Securities regulators told Tesla Inc. TSLA -0.21% last year that Chief Executive Elon Musk’s use of Twitter had twice violated a court-ordered policy requiring his tweets to be preapproved by company lawyers, according to records obtained by The Wall Street Journal. Tesla and the Securities and Exchange Commission settled an enforcement action in 2018 alleging …
Resource plays lead London market higher after 3-day break
U.K. stocks returned on Tuesday from a three-day break with strong gains, as commodity plays surged, with oil prices at a more than two-year high. Miners including Rio Tinto RIO, +3.76% and Anglo American AAL, +4.50%, and energy producers BP BP, +2.17% and Royal Dutch Shell RDSB, +1.73%, helped the FTSE 100 UKX, +1.12% jump …