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U.S. ties ‘super important’ says Mexican leftist’s pick to lead NAFTA talks

By Julia Love MEXICO CITY (Reuters) – A former World Trade Organization economist picked to lead NAFTA negotiations by the front-runner in the race for Mexico’s presidency told Reuters on Tuesday that modernizing parts of the pact should be possible while stressing the importance of relations with the United States. …

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business news

Tesla shareholders have approved Elon Musk’s massive new pay package (TSLA)

Tesla‘s shareholders have approved CEO Elon Musk’s 10-year compensation package. If Musk meets his targets, Tesla’s market cap would rise to $650 billion. The company is worth around $55 billion now and is struggling to meet production goals for the Model 3 mass-market vehicle. Tesla shareholders have approved CEO Elon …

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economy

Police say the Austin bombing suspect left a 25-minute recorded confession on a phone

Scott Olson/Getty Images Austin Police Chief Brian Manley said the bombing suspect who terrorized the neighborhoods in the Texas capital over several weeks in March left a 25-minute recorded message on a phone. Manley says investigators are treating that recording as a confession. The suspect, Mark Anthony Conditt, killed himself …

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investments

Xi warns Taiwan will face ‘punishment of history’ for separatism

By Philip Wen and Ben Blanchard BEIJING (Reuters) – Chinese President Xi Jinping told self-ruled Taiwan on Tuesday that it would face the “punishment of history” for any attempt at separatism, offering his strongest warning yet to the island claimed by China as its sacred territory. The government of Taiwan, …

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business news

Oracle’s earnings were through the roof — so analysts can’t agree on why the stock is down 10% (ORCL)

Oracle’s shares dipped almost 10% on Tuesday following mixed quarterly earnings at the $216 billion company. Analysts disagreed about what exactly caused the sell-off, in a quarter where Oracle was more or less flat on revenue, and far above expectations on earnings per share. A review of seven analyst notes …

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