Matthews International Corporation (MATW) Monday announced that U.S. District Court denied Tesla's attempt to block the company from selling its dry battery electrode technology to existing and potential global customers. Despite a February 6 arbitration ruling in Matthews' favor, Tesla filed multiple lawsuits to restrict its sales. On February 14, Judge Edward Davila rejected Tesla's request for a restraining order. The company vows to fight Tesla's legal challenges while pursuing its own claims against the automaker for wrongful conduct.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.