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This Morning's Top Financial Stories

By Kris Eddy – Updated Apr 7, 2017 at 12:51PM

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Cars and oil are making the news this morning.

Here's a quick look at a few of the headlines making news this morning.

Tesla opens more sales locations
Electric car company Tesla Motors (Nasdaq: TSLA) plans to open 10 new North American locations in the next few months, bringing its total to 24 in North America and 34 worldwide, the company announced today. The first new store was slated to open today at Roosevelt Field Mall in Garden City, N.Y. One of the new stores, slated to open in November, will be the company's first in Canada.  All retail locations have Tesla’s Model S premium sedan on display and many have test-drive vehicles, according to the company. More than 12,200 reservations have been made worldwide for Model S through July 2012, the company noted.

Shell takes Greenpeace to court
Royal Dutch Shell
(NYSE: RDS-A) has taken Greenpeace International to court to keep the organization's protests away from its property, The Associated Press reports today. The suit has been filed in Amsterdam District Court. Shell is headquartered in The Hague, Netherlands, while Greenpeace International is based in Amsterdam, according to the AP. In protest of Shell's arctic drilling plans, protesters from Greenpeace Netherlands showed up at Shell gas stations in their country and blocked pumps last Friday, according to a Greenpeace press release.

GM, Canadian union agree on deal
The Canadian Auto Workers union says it has reached a tentative deal with General Motors (NYSE: GM), averting a strike. The deal includes GM investing $675 million in its Canadian operations over the next four years, keeping a car assembly plant with 2,000 jobs in Oshawa, Ontario, open for an additional year and adding a new shift of workers at a neighboring plant, according to a report in The Globe and Mail. This follows a tentative deal the union reached with Ford and leaves Chrysler still at odds with the union. editor Kris Eddy does not own shares of any company mentioned in this article. The Motley Fool owns shares of Tesla Motors and Ford Motor. Motley Fool newsletter services have recommended buying shares of Tesla Motors, General Motors, and Ford Motor. Motley Fool newsletter services have recommended creating a synthetic long position in Ford Motor. The Motley Fool has a disclosure policy.

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Stocks Mentioned

Royal Dutch Shell plc Stock Quote
Royal Dutch Shell plc
General Motors Stock Quote
General Motors
$39.90 (-1.31%) $0.53
Tesla Stock Quote
$194.86 (0.08%) $0.16

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