Business – Page 53 – One America News Network

Tesla quarterly deliveries fall for the first time in nearly four years

The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.

The industrial giant’s aerospace and energy businesses will begin trading on the New York Stock Exchange as separate entities.

U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.

The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.

Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.

Orders for long-lasting U.S. manufactured goods increased more than expected in February.