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Tesla forced to halt work on Berlin Gigafactory over missed payment

Bloomberg Tesla Inc. halted some construction work at its German plant project after failing to make a security deposit with local authorities. Brandenburg’s environment ministry stopped tree removal activity and the installation of paint-shop machinery at the site until the funds are received, reports said. Tesla needs to provide a 100 million-euro ($122 million) deposit with local authorities to cover ...

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Italy needs deficit to spur growth: Gualtieri

Bloomberg Italy is set to keep its economic policy expansionary next year to support its coronavirus-battered economy, as agreed with European Union partners, Finance Minister Roberto Gualtieri said in an interview with La Stampa on Sunday. That could require widening the deficit further next year to support economic growth, but that won’t impact a planned reduction after 2021 and will ...

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US states weigh new Google suit over app store fees

Bloomberg At least three US states are investigating Alphabet Inc.’s Google over the fees it takes from developers for purchases and subscriptions inside apps, and they may file an antitrust lawsuit against the company early next year, according to people familiar with the matter. The attorneys general of Utah, North Carolina and New York are among states that are preparing ...

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