Tesla Fires Hundreds of Workers After Their Annual Performance Review – Fortune

Electric automaker Tesla Motors fired hundreds of employees this week, including workers at its Fremont, Calif. factory and corporate managers, as it tries to solve production problems for its recently released Model 3. An estimated 400 to 700 people were dismissed this week, according to a San Jose Mercury News report published Friday afternoon. That’s […]

Amazon Studios chief Roy Price on leave of absence amid sexual harassment claim – CNBC

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Bank of America Isn’t Earning Its Trump Bump – Bloomberg

Bank of America Corp.’s Trump bump is looking increasingly as if it was more than it deserved. Shares of the bank have risen nearly 50 percent since Election Day. That’s still more than its rivals, but others have nearly caught up. In March, though, Bank of America had a commanding lead over its rivals as the bank that […]

JPMorgan’s Win Is Already Baked In – Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. JPMorgan’s Win Is Already Baked In – Bloomberg

Southwest Airlines to start flying to Hawaii – CBS News

HONOLULU — Southwest Airlines has launched its new service to Hawaii, Hawaii News Now reports. The company made the official announcement to thousands of employees first during a gathering in Los Angeles, ending years of speculation. The carrier intends to start ticket sales next year. As for when service will begin, that’s still up in […]

Scientists find gold worth $2 million in Swiss sewage – CNNMoney

Scientists find gold worth $2 million in Swiss sewage – CNNMoney

Scientists have struck gold in an unlikely place: Swiss sewage and waste water treatment plants. An estimated 95 pounds of gold is flushed through Swiss sewage systems each year, according to a study by the aquatic science institute Eawag. The lost gold is worth nearly $2 million at current prices. The researchers believe the tiny […]

Pfizer mulls options for consumer healthcare business – Reuters

(Reuters) – Pfizer (PFE.N) said on Tuesday it was considering the sale or spin-off of its consumer healthcare business, shaking up the industry and potentially putting a headache pill to lip balm operation worth as much as $14 billion up for grabs. The move comes as Germany’s Merck KGaA (MRCG.DE) is also looking to divest […]