07:29 AM EDT, 06/17/2024 (MT Newswires) -- Tesla (TSLA) has obtained approval to test its advanced driver-assistance system in Shanghai, China, and could also receive authorization to do the test in Hangzhou, Bloomberg News reported Monday, citing an unnamed source familiar with the matter. According to the report, the source said Tesla staff will conduct the system's initial tests. Bloomberg...

07:25 AM EDT, 06/17/2024 (MT Newswires) -- Activist investor Starboard Value has been meeting with Autodesk ( ADSK ) executives in recent weeks to discuss concerns over its operations and corporate governance, The Wall Street Journal reported Sunday, citing people familiar with the matter. Starboard, which has a $500 million stake in Autodesk ( ADSK ), expressed in private conversations...

07:30 AM EDT, 06/17/2024 (MT Newswires) -- Tesla (TSLA) plans to use Thursday's strong support for Elon Musk's $56 billion pay package to persuade a Delaware judge to uphold his 2018 agreement, Reuters said late Friday, citing the company's board president. The legal battle to validate Thursday's vote could begin on Friday, as the approval alone doesn't settle the lawsuit,...

June 17 (Reuters) - U.S. machinery maker Caterpillar's ( CAT ) former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed. Caterpillar Inc ( CAT ) suspended operations in its manufacturing facilities in Russia in 2022, joining a number of foreign companies that halted business in the country after Moscow's...