Governor Chris Christie’s administration blocked Tesla Motors Inc., the electric-car maker that doesn’t have franchised retail dealers, from direct auto sales in a move the company said could shutter its only two stores in New Jersey.
Tesla Motors Inc., the electric-car maker that doesn’t have franchised retail dealers, may be forced to close its stores in New Jersey if the state changes rules for selling autos, Diarmuid O’Connell, the company’s vice president of business development, said on a conference call.
MUBI, an online-movie service catering to independent and art-house film enthusiasts, said it’s closing a $7.5 million fundraising this week after hooking up with Samsung Electronics Co. to offer its service worldwide.
Juniper Networks Inc.’s infringement case against Palo Alto Networks Inc. resulted in a mistrial when a jury failed to reach a decision on all three of the disputed patents. Palo Alto shares rose as much as 13 percent.