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Finland cheers Nokia’s uphill battle for smartphone comeback

  Bloomberg Finland, locked in a downward economic spiral since Nokia Oyj’s fall from atop the smartphone world, cheered the announcement that handsets bearing the company’s badge will reappear, and with them the possibility of much-needed jobs. The country, which eked out 0.5 percent growth in 2015 after three years of recession, took a massive hit when Espoo-based Nokia surrendered ...

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Fed puts June rate increase on table provided economy says go

  New York / BLOOMBERG Federal Reserve officials want to raise interest rates in June. Now, it is up to the U.S. economy to confirm their view that slow growth in the first quarter was temporary. Minutes of the April 26-27 Federal Open Market Committee meeting released on Wednesday in Washington used the word “June” six times in a policy ...

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‘Tesla won’t come close to target, but still a buy anyway’

Bloomberg Tesla Motors Inc. has set an unrealistic goal for itself and will probably miss 2018 production forecasts by a whopping 66 percent, according to a report by Goldman Sachs Group Inc. Should that dissuade you from buying the stock? Apparently not—the bank’s analysts upgraded their recommendation from “Neutral” to “Buy.” This is the sort of wild disconnect that Tesla ...

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