Tesla Inc boss Elon Musk gained a stunning legal victory on Friday as a federal court jury swiftly rejected the $190 million defamation claim brought by a British cave explorer who Musk had branded a "pedo guy" on Twitter.
A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.
A federal jury in Los Angeles began deliberating on Friday to decide whether Tesla Inc boss Elon Musk defamed a British cave explorer whose lawyer said the "billionaire bully" should pay at least $190 million for branding his client a "pedo guy" on Twitter.
U.S. President Donald Trump said on Friday that his administration will finalize its rollback of Obama-era vehicle emissions standards next year and expected it would provoke a new legal challenge by California.
U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet the economy is in no danger of stalling.
Aston Martin, which was reported this week to be the target of Canadian billionaire Lawrence Stroll, said it was not actively pursuing new investors on Friday as it opened a new factory to build its first sport utility vehicle.
* Futures up: Dow 0.66%, S&P 500 0.65%, Nasdaq 0.83% (Adds comments, updates market action)
Aston Martin's two major shareholders are in it for the long term and the company is not actively soliciting participation, the firm's boss said on Friday after a media report said Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake.
Aston Martin opened a new factory in Wales on Friday which will build the British automaker's first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling.
* China pushing electric, other new energy vehicles (Adds Tesla saying subsidies have been secured)
Prime Minister Boris Johnson and opposition Labour leader Jeremy Corbyn clashed over Brexit on Friday in the last televised debate before next week's election that will determine the path for Britain's departure from the European Union.