Cheddar afternoon business update 8/7: iPhones, GM recall & Elon Musk

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Top afternoon business and technology headlines for Aug. 7, 2017

  • iPhone maker Foxconn says it will build another multibillion-dollar facility for research and development.
  • General Motors is recalling nearly 800,000 pickup trucks because of issues with power steering.
  • Elon Musk released a sneak peek at what a successful launch of the Falcon heavy rocket may look like.
  • BusinessMore>>

  • Finnish brewery creates quirky beer for Trump-Putin summit

    Finnish brewery creates quirky beer for Trump-Putin summit

    Saturday, July 14 2018 4:31 PM EDT2018-07-14 20:31:20 GMT
    Friday, July 20 2018 6:07 PM EDT2018-07-20 22:07:11 GMT
    (AP Photo/Markus Schreiber). Samuli Huuhtanen, CEO of Finnish beer brewery Rock Paper Scissors displays a beer bottle labeled with cartoon caricatures depicting Russian President Vladimir Putin and U.S President Donald Trump, during an interview with t...(AP Photo/Markus Schreiber). Samuli Huuhtanen, CEO of Finnish beer brewery Rock Paper Scissors displays a beer bottle labeled with cartoon caricatures depicting Russian President Vladimir Putin and U.S President Donald Trump, during an interview with t...
    Finnish brewery pays humorous tribute to U.S. Russian summit in Helsinki with a limited-edition beer, urges Trump, Putin to settle things "like adults".
    Finnish brewery pays humorous tribute to U.S. Russian summit in Helsinki with a limited-edition beer, urges Trump, Putin to settle things "like adults".
  • Merkel: German govt is solid despite fight over migration

    Merkel: German govt is solid despite fight over migration

    Friday, July 20 2018 4:41 AM EDT2018-07-20 08:41:11 GMT
    Friday, July 20 2018 6:06 PM EDT2018-07-20 22:06:28 GMT
    (AP Photo/Ferdinand Ostrop). German Chancellor Angela Merkel looks on prior to the weekly cabinet meeting at the chancellery in Berlin, Germany, Wednesday, July 18, 2018.(AP Photo/Ferdinand Ostrop). German Chancellor Angela Merkel looks on prior to the weekly cabinet meeting at the chancellery in Berlin, Germany, Wednesday, July 18, 2018.
    German Chancellor Angela Merkel is to face questions at her annual summer news conference over the government's handling of the thorny issue of migration and Berlin's fraught relationship with the United States...
    German Chancellor Angela Merkel is to face questions at her annual summer news conference over the government's handling of the thorny issue of migration and Berlin's fraught relationship with the United States under Trump.
  • Bayer to stop sales of birth control device tied to injuries

    Bayer to stop sales of birth control device tied to injuries

    Friday, July 20 2018 12:14 PM EDT2018-07-20 16:14:13 GMT
    Friday, July 20 2018 6:06 PM EDT2018-07-20 22:06:25 GMT
    (Bayer Healthcare Pharmaceuticals via AP). FILE - This image provided by Bayer Healthcare Pharmaceuticals shows the birth control implant Essure. On Friday, July 20, 2018, the maker of the permanent contraceptive implant subject to thousands of injury ...(Bayer Healthcare Pharmaceuticals via AP). FILE - This image provided by Bayer Healthcare Pharmaceuticals shows the birth control implant Essure. On Friday, July 20, 2018, the maker of the permanent contraceptive implant subject to thousands of injury ...
    The maker of a permanent birth control implant said Friday it will stop selling the device in the U.S. at the end of the year.
    The maker of a permanent birth control implant said Friday it will stop selling the device in the U.S. at the end of the year.
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