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NTSB launches investigation into Tesla electric semi-trailer crash

The U.S. National Transportation Safety Board (NTSB) has announced the launch of an investigation into a recent incident involving a Tesla electric semi-truck on a California highway. The crash and subsequent fire, which occurred late Monday night near Emigrant Gap…

Owner of Les Schwab Tire Centers considers sale valued at over $7 billion

Meritage, the investment firm that acquired the Les Schwab Tire Centers chain, reportedly wants to sell it at an enterprise value of more than $7 billion including debt. Sources informed on condition of anonymity said Meritage has hired Goldman Sachs…