Tesla Cuts 9% Of Its Workforce

Electric car maker, Tesla is cutting several thousand jobs across the company as it seeks to reduce costs and become profitable without endangering the critical production ramp-up for its Model 3 sedan.

Twitter Joins The S&P 500

Twitter Inc (NYSE: TWTR) joins the benchmark S&P 500 U.S. index, pushing the social media company’s stock price up 5% on Tuesday as demand surged from equities investors.