Palo Alto Newswire

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  1. Partner's scent eases women's response to stressRead the original story w/Photo

    20 hrs ago | Reuters

    Stress levels dropped in women who smelled their partner's shirt during a stress test but rose in women who smelled a stranger's shirt, researchers found. "Many people wear their partner's shirt or sleep on their partner's side of the bed when their partner is away but may not realize why they engage in these behaviors," said lead study author Marlise Hofer, a psychology graduate student at the University of British Columbia in Vancouver, Canada.


  2. Race may matter in hospital care for preemiesRead the original story w/Photo

    Tuesday Jan 2 | Reuters

    Among the tiniest preemies, black and Hispanic infants are more likely than white babies to be born at hospitals with worse death and complication rates, a study in New York City suggests. In the study of 7,177 very preterm infants born at 39 hospitals citywide, 28 percent of the babies died or experienced serious complications.


  3. Tesla's Model 3 deliveries point to slower ramp up: KeyBancRead the original story w/Photo

    Wednesday Dec 27 | Reuters

    The numbers indicate that the electric carmaker may still not be out of its self-described "manufacturing hell" for the production of the $35,000 Model 3 sedan. "We talked to stores in California doing as many as a dozen per week with around 10 being the average, and we estimate stores outside of California were doing something closer to half a dozen per week," the analysts wrote.


  4. Exclusive: AppLovin tweaks Chinese takeover deal after U.S. pushbackRead the original story w/Photo

    Nov 21, 2017 | Reuters

    AppLovin has tweaked a $1.4 billion agreement to sell itself to Chinese buyout firm Orient Hontai Capital into a debt investment, the U.S. mobile marketing firm said on Tuesday, after the U.S. government pushed back against the original deal. The move illustrates how companies have been looking for ways to get their deals past the Committee on Foreign Investment in the United States , a U.S. government panel that scrutinizes transactions for potential national security threats.


  5. SUMMIT-Pets or planes? Investors tout lesser-known bets for 2018Read the original story w/Photo

    Nov 17, 2017 | Reuters

    With U.S. stock prices near record highs and major economies worldwide on an upswing, top investment professionals are seeking out less familiar and less popular ways to invest. At this week's Reuters Global Investment 2018 Outlook Summit in New York, London, Hong Kong and Singapore, many investors said equities look relatively costly, and a lack of fear may leave investors ill-positioned for when prices head south.


  6. SUMMIT-Light Street Capital's Kacher shorts IBM stock on cash-register concernsRead the original story w/Photo

    Nov 15, 2017 | Reuters

    One of the top-performing hedge funds of the year is betting that shares of International Business Machines Corp CEO Jack Dorsey, are up 197 percent for the year to date as it continues to expand its network of devices that allow small businesses to accept debit and credit cards using tablet computers or smart phones. Glen Kacher, President and Founder of Light Street Capital Management LLC, speaks during the Reuters Global Investment Outlook Summit in New York, U.S., November 15, 2017.


  7. Yellen's bequest: A healthy economy but questions over future policy for FedRead the original story w/Photo

    Nov 5, 2017 | Reuters

    U.S. Federal Reserve Governor Jerome Powell will inherit healthy economic growth and a consensus on monetary policy at least for the next few months, if he is confirmed by the Senate as the next Fed chair when Janet Yellen's term expires in February. FILE PHOTO: Jerome Powell arrives in the Rose Garden as he attends an announcement as nominee to become chairman of the U.S. Federal Reserve by U.S. President Donald Trump at the White House in Washington, U.S., November 2, 2017.


  8. Tesla stock falls on Model 3 delays, biggest-ever quarterly lossRead the original story w/Photo

    Nov 1, 2017 | Reuters

    The company also reported its biggest quarterly loss ever, sending shares down nearly 5 percent after hours as the loss was bigger than analysts had expected. Tesla, led by Silicon Valley entrepreneur Elon Musk, faces a crucial test in its growth strategy as it ramps up production of the Model 3, its new sedan that starts at $35,000, about half the price of its flagship Model S. Although Tesla has made inroads among luxury car buyers with the advanced technology and innovative design in its Model S sedan and Model X SUV, it is the Model 3 on which its long-term viability rests.


  9. Bank of America CEO still sees no upside from BrexitRead the original story w/Photo

    Oct 26, 2017 | Reuters

    FILE PHOTO: Bank of America CEO Brian Moynihan looks on during the White House summit on cybersecurity and consumer protection in Palo Alto, California February 13, 2015. REUTERS/Robert Galbraith/File Photo "There's no upside here," Moynihan said in an interview with CNBC Thursday.


  10. Consumer Reports says Tesla misunderstands 'positive' Model 3 ratingRead the original story w/Photo

    Oct 20, 2017 | Reuters

    FILE PHOTO: Tesla Model 3 cars are seen as Tesla holds an event at the factory handing over its first 30 Model 3 vehicles to employee buyers at the company's Fremont facility in California, U.S. on July 28, 2017. Courtesy Tesla/Handout via REUTERS Tesla criticized the rating on Thursday, saying "it's important to note that Consumer Reports has not yet driven a Model 3, let alone do they know anything substantial about how The rating for the Model 3, which is lower priced than earlier Tesla models and aimed at giving the Silicon Valley automaker mass market appeal, was part of magazine's annual survey of new vehicle reliability.


  11. Tesla fired hundreds of employees in past week -Mercury NewsRead the original story w/Photo

    Oct 13, 2017 | Reuters

    Luxury electric vehicle maker Tesla Inc fired between 400 and 700 employees this week, including engineers, managers and factory workers, Mercury News reported on Friday, citing interviews with former and current employees. The dismissals were a result of a company-wide annual review, Tesla said in an emailed statement, without confirming the number of employees leaving the company.


  12. Tesla to recall 11,000 Model X SUVs due to seat issueRead the original story w/Photo

    Oct 12, 2017 | Reuters

    Tesla said on Thursday a small number of cables in the second row fold-flat seats in some Model X vehicles, manufactured between October 28, 2016 and August 16, 2017, may need to be adjusted to fix the issue. The company, which is led by Elon Musk, said about 3 percent of the recalled vehicles may have the issue, which was detected during internal testing.


  13. Deals of the day-Mergers and acquisitionsRead the original story w/Photo

    Oct 10, 2017 | Reuters

    ** Brookfield Asset Management's Public Securities Group has agreed to buy Center Coast Capital Holdings , an energy infrastructure-focused investment firm, for an undisclosed amount, according to a statement. ** EU antitrust regulators are expected to clear without conditions Italian infrastructure group Atlantia's bid for Spanish Abertis to create the world's largest toll-road operator, three sources with knowledge of the matter said.


  14. JPMorgan, Temasek lead $100 mln investment in payments company Bill.comRead the original story w/Photo

    Oct 10, 2017 | Reuters

    JPMorgan Chase & Co and Temasek Holdings [TEM.UL] have led a $100 million investment in, a Palo Alto, California-based company that helps business digitize their payments. The round, which included participation from existing investors, will be used by the company to expand its distribution, said on Tuesday.


  15. UPDATE 2-Tesla in 'production hell' to meet Model 3 deadline -Elon MuskRead the original story w/Photo

    Oct 6, 2017 | Reuters

    Musk said Tesla's Model 3 was "deep in production hell" echoing his own comments in July, when he showed off some of the first cars of that model. The Model 3 could help Tesla approach its goal of becoming more of a mass market producer.


  16. Tesla deliveries rise in third quarter, but Model 3 faces 'bottlenecks'Read the original story w/Photo

    Oct 2, 2017 | Reuters

    Tesla said it delivered 26,150 vehicles in the third quarter, including 14,065 Model S vehicles and 11,865 Model X cars, up 17.7 percent from the second quarter of this year. The Palo Alto, California-based company delivered just 220 Model 3 sedans and produced 260 during the quarter.


  17. Undetected fractures linked to back pain in older menRead the original story w/Photo

    Sep 21, 2017 | Reuters

    About three in five older men with tiny spinal fractures related to osteoporosis reported new or worsening back pain in a new study. Only about one-quarter of new vertebral fractures are diagnosed by a doctor, the study team writes in Journal of Bone and Mineral Research, though they may be a source of unexplained back pain.


  18. Tesla shares fall from record high after warning from analystRead the original story w/Photo

    Sep 19, 2017 | Reuters

    Jefferies analyst Philippe Houchois launched coverage of Tesla with an "underperform" rating, helping send shares of the company headed by entrepreneur billionaire Elon Musk down 2.17 percent to $376.74 after closing at a record high the day before. "Achievements to-date and vision are impressive, but we don't think Tesla's vertically integrated business model can be scaled up as profitably and quickly as consensus thinks and valuation multiples imply," Houchois warned in a research note.


  19. China chip deal gamble fails for Silicon Valley insiderRead the original story w/Photo

    Sep 13, 2017 | Reuters

    On paper, the offer from the private equity fund was a lucrative one - a $1.2 million signing bonus, a $2 million cut of its management fees and a 20 percent stake in the firm itself. Canyon Bridge was launched with a focus on acquiring technology investments, but President Donald Trump on Wednesday dealt a body blow to its ambitions, blocking its first deal, a planned $1.3 billion acquisition of chipmaker Lattice Semiconductor Corp .


  20. Lyft to offer rides in self-driving cars in San Francisco areaRead the original story w/Photo

    Sep 7, 2017 | Reuters

    A self-driving car will soon be one ride option available from Lyft in the San Francisco Bay Area, as the ride-services company ramps up its efforts to become a serious player in autonomous vehicle technology. Lyft said on Thursday that self-driving cars will soon be dispatched to certain passengers who request a ride through the app in the area.


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