NEW YORK (Reuters Breakingviews) - Washington and Beijing may yet find a way to end their escalating trade war soon. But for many businesses, the damage already inflicted will be hard to undo. Plus: CEO Mark Zuckerberg might not welcome more calls to break up Facebook, but shareholders could benefit.
NEW YORK (Reuters Breakingviews) - Tesla’s $2 billion capital raise is repeating the sins of the past. The electric-car maker on Thursday unveiled plans to sell shares and convertible bonds for the first time in two years. That might be enough if Chief Executive Elon Musk can get vehicle sales to rebound quickly. But that’s the kind of hubris that put Tesla in its current fix.
NEW YORK (Reuters Breakingviews) - Young, tech-savvy adults say everything from high prices to climate change may prompt them to leave the San Francisco area. Other U.S. cities can benefit. Also: Why CEO Jack Dorsey should favor Square over Twitter. And what to expect from Indonesian President Widodo’s second term.
NEW YORK (Reuters Breakingviews) - Elon Musk is looking guilty of tweeting while driving – or some other distraction. Tesla’s chief executive is talking up autonomous vehicles, days after the company offered shareholders more say and said it was going to cull the board. The problem is, the $46 billion electric-car maker has more pressing concerns.
NEW YORK (Reuters Breakingviews) - HBO’s hit series is ending as parent AT&T, Amazon, Apple and Walt Disney launch their claims to the streaming-video crown. Netflix, though, will be hard to usurp. Elsewhere, India’s weeks-long election gets underway. And global economic growth collides with nationalism’s rise.
NEW YORK (Reuters Breakingviews) - The ride-hailing firm is worth $30 bln after its stock-market debut, even though its losses are growing. Shareholders are betting a shift to autonomous driving will steer it to a profit, but that may be a long way off. Plus: Saudi Aramco lets investors drill into its finances.
NEW YORK (Reuters Breakingviews) - Peugeot and Renault both seem keen to merge with the Italo-American carmaker. Either deal could improve earnings from smaller cars, but couldn’t plug all Fiat Chrysler’s gaps in Asia and new tech. Plus: Apple’s underwhelming new services. And can Huawei’s charm offensive succeed?
NEW YORK (Reuters Breakingviews) - Putting Deutsche and Commerz together might create a national banking champion. A more likely outcome, though, would be a poorly performing behemoth. Meanwhile, Volkswagen boss Herbert Diess commits the mother of all CEO gaffes. Plus: sizing up a Chinese housing unicorn.
NEW YORK (Reuters Breakingviews) - Investors and companies are ill prepared for the rising scarcity of this most important natural resource. With World Water Day on March 22, Thirst CEO Mina Guli lays out the issues and explains why she decided to run 100 marathons in 100 days to draw attention to the problem.
NEW YORK (Reuters Breakingviews) - Elon Musk’s balancing act requires some capital support. On Thursday evening the chief executive plans to unveil Tesla’s latest vehicle, the Model Y SUV. But it could steal sales from the Model 3 sedan, whacking Tesla’s earnings when it can least afford it. It’s a fresh complication as Musk fights with the Securities and Exchange Commission and flip-flops over store closures. A cash injection could help smooth the ride.