Three months ago, Tesla Inc. notched up a $9 billion gain in market capitalisation in the immediate aftermath of reporting a $143 million quarterly profit. On January 29, it reaped $12 billion on $105 million. Don’t forget the $50 billion it racked up in between those dates, of course. Tesla’s market cap has more than doubled to more than $100 ...

3M Co.’s messy quarter does little to inspire faith in the company or the industrial economy at large. The maker of Post-it notes, Scotch tape and wound dressings announced a pair of charges – $134 million for a restructuring plan and $214 million for litigation related to PFAS chemicals – that pulled its fourth-quarter earnings per share below analysts’ estimates. ...

Bloomberg Chinese policymakers prepared to shore up financial markets, which are bracing for a sell-off when trading re-starts on Monday. The People’s Bank of China (PBOC) and other regulators announced a slew of targeted measures over the weekend aimed at calming financial markets and helping companies, banks and individuals hurt by the viral pneumonia outbreak. The central bank will supply ...