Tesla to begin Model 3 deliveries in Europe

Tesla shares dropped 4.3% at 3:16 p.m.in NY trading after earlier sinking as much as 5.8% to $281.69, the lowest intraday price since October 23. As noted by reports from several members of the Tesla community today, the Silicon Valley-based elect... More..

by | Published more than a month ago
Boeing completes first test flight of self-driving air taxi
by | Friday, January 25, 2019

Boeing completes first test flight of self-driving air taxi

The prototype air taxi is designed for completely autonomous operations from takeoff, wing-borne flight, hovering, and landing, with a maximum range around 50 miles. It's also working on a cargo version of the ...More..

USA airport security staff sickouts rise over holiday weekend
by | Wednesday, January 23, 2019

USA airport security staff sickouts rise over holiday weekend

The TSA workers have already missed their first regular paycheck due to the shutdown and are expected to miss their second this week, Marketwatch reports . With fewer screeners, TSA closed one of its security ...More..

Operations resume at Newark Airport after drone activity causes ground stop
by | Wednesday, January 23, 2019

Operations resume at Newark Airport after drone activity causes ground stop

A pilot told air traffic control that one of the drones came within 30ft (9m) of his aircraft. The drones were flying at 3500 feet over Teterboro Airport, less than 20 miles from Newark Airport, according to ...More..

US will seek extradition of Huawei CFO from Canada
by | Wednesday, January 23, 2019

US will seek extradition of Huawei CFO from Canada

Picture of Canadian and Chinese flags taken prior to the meeting with Canada's Prime Minister Justin Trudeau and China's President Xi Jinping at the Diaoyutai State Guesthouse on December 5, 2017, in Beijin...More..

Man's digger rampage smashes new hotel
by | Wednesday, January 23, 2019

Man's digger rampage smashes new hotel

An unidentified construction worker has destroyed the reception area of a newly constructed hotel in the UK. A voice can be heard saying that this is what happens when employers don't pay people their wages. ...More..

The World Economy Is Expected to Slow in 2019
by | Tuesday, January 22, 2019

The World Economy Is Expected to Slow in 2019

The IMF stated: "Specifically, growth in advanced economies is projected to slow from an estimated 2.3 percent in 2018 to 2.0 percent in 2019 and 1.7 percent in 2020". "The main shared policy priority is for co...More..

China Refiners Break Processing Record In 2018
by | Tuesday, January 22, 2019

China Refiners Break Processing Record In 2018

Analysts had expected 6.6 percent. Slowing disposable income growth and tighter credit has hit consumer spending with vehicle sales falling last year for the first time in more than 20 years. If China's gover...More..

China urges USA to drop Huawei CFO extradition
by | Tuesday, January 22, 2019

China urges USA to drop Huawei CFO extradition

David MacNaughton, Canada's ambassador to the USA, told the newspaper that the US will file the formal request needed in the extradition case before a January 30 deadline. The letter said the arrests will lead ...More..

by | Tuesday, January 22, 2019

Davos: IMF raises Saudi economic growth forecast for 2020

The IMF sees the United Kingdom economy expanding 1.6 per cent in 2020, little changed from the 1.5 per cent it forecast in October. China released its fourth-quarter (2018) GDP figures yesterday, showing t...More..

French watchdog slaps Google with $57M fine under new European Union law
by | Monday, January 21, 2019

French watchdog slaps Google with $57M fine under new European Union law

Google also did not properly obtain users' consent for the objective of showing them personalized ads, the watchdog agency said. The French data protection watchdog CNIL has fined Google a record €50m (£44m...More..

by | Monday, January 21, 2019

China's growth slows to 28-year low as trade war weighs

The world's second-largest economy expanded by 6.6 percent over a year earlier, down from 2017's 6.9 percent, official data showed. Combined with reports from Apple , American car-makers, and other US compani...More..

Tesla cuts jobs as it pushes for cheaper Model 3
by | Monday, January 21, 2019

Tesla cuts jobs as it pushes for cheaper Model 3

Because Tesla needs to sell more and at the same time cheaper cars, so that all mankind could benefit from the " advent of sustainable transport and energy, which is important for all life on Earth ", Musk sa...More..

Trump to offer shutdown-ending immigration deal, still wants wall money
by | Sunday, January 20, 2019

Trump to offer shutdown-ending immigration deal, still wants wall money

In exchange for the $5.7 billion needed for a barrier along the southern border with Mexico, the president offered, among other items, a three-year extension of protections for 700,000 Deferred Action for Child...More..

IEA lowers Q2, Q3 'call' on OPEC crude oil estimates
by | Sunday, January 20, 2019

IEA lowers Q2, Q3 'call' on OPEC crude oil estimates

Australia's Macquarie Group said on Friday that it expects cuts by OPEC and its allies, robust global demand and reduced growth in US shale to keep the market balanced in 2019. Markets were also buoyed by sig...More..

Company issues lifetime ban after man jumps from cruise ship
by | Sunday, January 20, 2019

Company issues lifetime ban after man jumps from cruise ship

Naydev and his companions ended up having to find their own way home from the Bahamas. When he got back onto the boat, ship security told him that he and his friends were being kicked off the cruise. "When I ...More..

USA media: China offers to eliminate trade gap
by | Sunday, January 20, 2019

USA media: China offers to eliminate trade gap

Australian stocks rose half a percent, South Korea's KOSPI advanced 0.8 percent and Japan's Nikkei gained more than 1 percent to a one-month high. US Treasury Secretary Steven Mnuchin in December said China ...More..

Carlos Ghosn received 'improper payments', Nissan-Mitsubishi probe finds
by | Sunday, January 20, 2019

Carlos Ghosn received 'improper payments', Nissan-Mitsubishi probe finds

Ghosn has misused NMBV", Masuko told reporters, referring to the venture, adding his company is considering filing a damages suit against Ghosn. The auto manufacturers said Ghosn was paid by a Netherlands-b...More..

Microsoft will spend $500 million on building affordable housing in Seattle
by | Sunday, January 20, 2019

Microsoft will spend $500 million on building affordable housing in Seattle

The pledge, announced today by company president Brad Smith , is a response to the widening affordability gap in Seattle region, which is at least partially attributed to the economic boom responsible for the ...More..

Wall Street shrugs off weak start to hold at one-month high
by | Saturday, January 19, 2019

Wall Street shrugs off weak start to hold at one-month high

He writes that fixed-income trading results have already improved so far in the first quarter and that the firm has a healthy investment banking backlog. The institutional investor owned 24,911 shares of the fi...More..

Vanguard founder John Bogle dies at 89
by | Saturday, January 19, 2019

Vanguard founder John Bogle dies at 89

Mr. Bogle, who had struggled with a congenital heart defect and had several heart attacks, had received a heart transplant in 1996. Bogle, a financial luminary, paved the way for low-priced investing when he la...More..

Dozens killed as pipeline explodes into flames in Mexico
by | Saturday, January 19, 2019

Dozens killed as pipeline explodes into flames in Mexico

The cause of the explosion, said state oil company Petroleos Mexicanos (Pemex), was a rupture caused by illegal tapping of the pipeline. The explosion came just three weeks after new Mexican President Andres...More..

Lotus Cars to Be Built in China, Report Says
by | Saturday, January 19, 2019

Lotus Cars to Be Built in China, Report Says

While unconfirmed, Reuters' report is the first evidence of a major shakeup for Lotus since Geely bought a majority stake in the brand in 2017. Geely and Lotus said in a joint statement that while Nor...More..

Govt simplifies mechanism for startups to claim exemption from Angel Tax
by | Saturday, January 19, 2019

Govt simplifies mechanism for startups to claim exemption from Angel Tax

Earlier this month, Minister of Commerce and Industry Suresh Prabhu had acknowledged that startups were facing some difficulties due to the angel tax and he has taken up the issue with the finance ministr...More..

More Federal Workers Seek Unemployment as Americans Shrug at Shutdown
by | Friday, January 18, 2019

More Federal Workers Seek Unemployment as Americans Shrug at Shutdown

Plaintiffs include the National Air Traffic Controllers Association (Natca) and the National Treasury Employees Union (NTEU), which represents 150,000 federal workers across 33 agencies, as well as four individ...More..

Shopko closing all Lincoln stores
by | Friday, January 18, 2019

Shopko closing all Lincoln stores

Big-box retailer Shopko is closing around 100 stores, including its location in Dowagiac. An article in the Ely Echo said that Shopko had not made its monthly lease payment to the property owner in Ely, whe...More..

Elon Musk Giving Away Free Tesla Model 3 To Hacker At Pwn2Own
by | Friday, January 18, 2019

Elon Musk Giving Away Free Tesla Model 3 To Hacker At Pwn2Own

This is the first time that a auto with Tesla's potential is tested at the Pwn2Own, but it is also a good sign for the vehicle manufacturer, who must ensure digital security . We look forward to learning abo...More..

Chinese envoy warns of blowback if Canada bars Huawei from 5G
by | Friday, January 18, 2019

Chinese envoy warns of blowback if Canada bars Huawei from 5G

China subsequently detained two Canadians, raising diplomatic tensions between China and Canada, and drawing in Western allies such as the United States and Australia . Speaking to reporters in Ottawa, Amba...More..

Tokyo court denies bail to ex-Nissan boss Carlos Ghosn
by | Friday, January 18, 2019

Tokyo court denies bail to ex-Nissan boss Carlos Ghosn

Japanese authorities have charged Ghosn with under-reporting his salary over a period of eight years, trying to shift personal investment losses to Nissan in 2008 and using company funds to repay a friend...More..

Goldman Sachs Trades Higher After Q4 Beat (NYSE:GS)
by | Friday, January 18, 2019

Goldman Sachs Trades Higher After Q4 Beat (NYSE:GS)

Wolfe Research began coverage on Goldman Sachs Group in a report on Tuesday, September 25th. The same media also reported that 16 out of 29 surveyed investment analysts had rated Goldman Sachs's stock as "H...More..

Trump Signs Bill Promising Back-Pay to Furloughed Federal Workers
by | Friday, January 18, 2019

Trump Signs Bill Promising Back-Pay to Furloughed Federal Workers

Democratic leaders did not ask the Secret Service if the agency would be able to secure the State of the Union event before sending the letter , according to a senior Homeland Security official, who was no...More..

Crash-out Brexit looms larger for scientists after deal rejected
by | Friday, January 18, 2019

Crash-out Brexit looms larger for scientists after deal rejected

Britain's Prime Minister Theresa May makes a statement following winning a confidence vote, after Parliament rejected her Brexit deal, outside 10 Downing Street in London January 16, 2019 . "There is...More..

'Out of control': Taiwan says won't bow to China pressure
by | Thursday, January 17, 2019

'Out of control': Taiwan says won't bow to China pressure

Noting that China is now building its first domestically-designed and -produced aircraft carrier, the Pentagon said the primary goal of this vessel will be to serve a regional defense mission. interest. "Chin...More..

China Surplus With US At A Record High
by | Thursday, January 17, 2019

China Surplus With US At A Record High

New trade numbers from China show the country is feeling the effects of the US-China trade war that started in April previous year. "They're having a hard time with their economy because of the tariffs", Trump ...More..

Security personnel announces major strike at 8 German airports | International Flight Network
by | Thursday, January 17, 2019

Security personnel announces major strike at 8 German airports | International Flight Network

The airport Association ADV expects that approximately 220,000 passengers affected by the cancellations and delays. The airline said earlier that passengers with a flight from Frankfurt can rebook for free onto...More..