Alex Veiga

Business, Technology, Fuel, Autonomous

Elon Musk Says Tesla Will Move HQ From California to Texas

Elon Musk Elon Musk by Saul Martinez/Getty Images via Bloomberg News

Tesla will relocate its headquarters from Palo Alto, Calif., to Austin, Texas, though the electric-car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Oct. 7.

Alex Veiga | AP Business Writer
October 8, 2021
Government, Business

Dow Drops More Than 900 Points, Ending Worst Week Since 2008

A trader reacts on the floor of the New York Stock Exchange on Feb. 26. For the last month, global stocks have cratered. A trader reacts on the floor of the New York Stock Exchange on Feb. 26. Over the course of the last month, global stocks have cratered. (Michael Nagle/Bloomberg News)

Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions.

Alex Veiga | AP Business Writer
March 20, 2020
Government, Business, Fuel, TCA

Get Ready for the Most Expensive Driving Season in Years

Ty Wright/Bloomberg News

Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way.

Alex Veiga | AP Business Writer
April 30, 2018