Financial news on April 12, 2019

Business and Financial news
Buying a Tesla Seems Pretty Easy. But There Are a Few Things to Know.

Now that shopping for the cheapest Model 3 can’t be done online, a reporter set out to find just how difficult the process was. Read more..

By ZACH WICHTER - The New York Times

California Governor Seeks to Protect Utilities From the Cost of Wildfires

Electric utilities welcomed Gavin Newsom’s proposals but consumer groups said they would let PG&E off the hook while costing taxpayers billions of dollars. Read more..

By PETER EAVIS - The New York Times

Checking on Social Security Estimates Is a Good Idea, but Many People Don’t Do It

The Social Security Administration used to mail out many more statements each year. Now, it encourages workers to go online. A new report says millions haven’t looked. Read more..

By ANN CARRNS - The New York Times

Costs for Boeing Start to Pile Up as 737 Max Remains Grounded

As the situation drags on, the aerospace giant and the airlines that rely on its planes have been scrambling to adjust, and the costs are growing. Read more..

By DAVID GELLES - The New York Times

Fisher-Price Recalls Rock ’n Play Sleeper Linked to Infant Deaths

A week after issuing a safety warning about the product, the company said it was taking all 4.7 million units off the market. Read more..

By TIFFANY HSU - The New York Times

He Has Driven for Uber Since 2012. He Makes About $40,000 a Year.

Peter Ashlock has completed 25,000 trips for Uber. As insiders cash in with what may be a $100 billion public offering, he’s on the road to nowhere. Read more..

By DAVID STREITFELD - The New York Times

Jet Airways, a Pioneer in India’s Skies, May Stop Flying

India’s second-largest airline is out of cash and operating just nine planes. The outlook for a rescue is grim. Read more..

By VINDU GOEL - The New York Times

Tesla Ends Online Sales of $35,000 Model 3, Creating New Hurdle for Buyers

The automaker said its lowest-priced offering would be available only in stores or by phone, just weeks after emphasizing a shift to online sales. Read more..

By NEAL E. BOUDETTE - The New York Times

The Week in Tech: We Might Be Regulating the Web Too Fast

Conflicting national laws on harmful content could have unintended consequences for the global internet. Read more..

By JAMIE CONDLIFFE - The New York Times

U.S. Retail Stores’ Planned Closings Already Exceed 2018 Total

Less than halfway through April, companies have announced plans to close 5,994 stores, above the 5,854 that shut last year. Read more..

By SAPNA MAHESHWARI - The New York Times

Your Student Loan Servicer Will Call You Back in a Year. Sorry.

Many public servants in the federal loan forgiveness program spot errors in the count of their qualifying payments. Their servicer tells them reviews will take a while. Read more..

By RON LIEBER - The New York Times

See what else happened on April 12, 2019