Employees at a Maryland-based Microsoft video game studio have given the company its biggest test yet of its hands-off union stance — and won. Microsoft now has the largest union in the video game industry. Read More...
Reuters
Marketmind: Every picture Tesla story
The fairly upbeat mood in Asia and Europe was crushed in U.S. hours as another collapse in Tesla Inc shares dragged tech lower, soured risk appetite, and prompted defensive flows into Treasuries and the dollar. Tesla plunged as much as 15% on Tuesday after it missed Wall Street estimates for quarterly deliveries, and the company has lost almost 75% of its market cap in barely over a year. Rising interest rates was the scythe that cut tech off at the knees last year as the U.S. Federal Reserve embarked on the most aggressive tightening cycle in 40 years.
