Finance

Tesla: N.Y. solar factory to make EV chargers, other products

Employment at the factory and Tesla's ability to meet its NY jobs target have been cause for much speculation as the company has weathered a bumpy year of lay...


Fatal Tesla Crash March 1 Is Latest to Involve Car's Autopilot

The National Transportation Safety Board has released a preliminary report into the third fatal accident involving Tesla's Autopilot technology. Preliminary v...


Trump lifts steel, aluminum tariffs on Canada, Mexico

Ron Wyden, a Democratic Senator from OR, said the tariffs had "caused real hardship, and I am glad that we can get back to the business of growing and making th...


Wreck injures 3 motorcycle officers in Trump motorcade

The unidentified officer suffered from an arm injury and also lost some teeth. The White House said the three motorcycle officers were being treated at a hosp...


Uber now offers 'conversation-free' premium trips

Now, users can take a nap, answer emails or listen to music without interruption from their driver. To this end, Quite Mode should give such groups an option to...


Bitcoin breaks past $8,000 to hit yet another 2019 price record

Optimism is now rife among traders, given the parabollic trajectory of price growth that has shed most forecasts into pieces over the past few weeks. Bitcoin ha...


Trump prepares more tariffs as China retaliates

Tech shares saw the S&P 500 advance by 0.4 percent. The Nasdaq Composite Index tumbled 3.4 per cent, the largest drop since Dec 4. "The reason we're seein...


Elon Musk faces trial over British diver 'pedo' tweet

A U.S. judge on Friday said Elon Musk must face a defamation lawsuit by a British diver who said he was falsely branded a paedophile and child rapist by the...


Saudi Tanker Attack Reveals Oil Market Weakness

Fujairah port is the only terminal in the UAE located on the Arabian Sea coast, bypassing the Strait of Hormuz, through which most Gulf oil exports pass, and wh...


Jury orders Bayer to pay $2 billion in third Roundup trial

It was the third consecutive US jury verdict against the company in litigation over the chemical, which Bayer acquired as part of its $63 billion purchase of ...


Escalating US-China Trade War Sends Stocks Plunging

Last Thursday morning the Dow skidded 580 points, only to regain almost 470 by close of trading on Friday. One of the unspoken taboos regarding this trade wa...


China to hike tariffs on $60 billion in USA goods

Beijing has already vowed to retaliate against Washington's Friday decision to impose 25 percent tariffs on $200 billion worth of Chinese goods. But three da...


Trump says talks with China to continue as trade war escalates

It's certainly possible in principle that the exporter - in this case Chinese enterprises - could "pay" by having to accept a lower price for good, so that the ...


Amazon's proposition to employees: Quit and we'll pay you to haul packages

The company said it now plans to fund startup costs, up to $10,000, as well as supplement three months of the former employee's last gross salary to get the de...


Supreme Court rules against Apple, allowing lawsuit targeting App Store to proceed

Apple v Pepper, as the case is called, dealt with the issue of whether Apple's 30 percent revenue cut is a charge that trickles down to consumers. Apple so...


Hamleys sold to Indian group

By purchasing Hamleys - a renowned 259-year-old British retailer whose flagship outlet on London's Regent Street is also a tourist attraction - Ambani may als...


United Kingdom economic growth picks up as stockpiling boosts manufacturing

The UK economy grew 0.5% in the first quarter, according to preliminary figures released by the Office for National Statistics on Friday. Manufacturers deli...


Air Canada plane, fuel truck collide at Pearson airport

The aircraft was taxiing to its gate, according to a spokeswoman for the Greater Toronto Airports Authority, which operates Pearson. A spokesman for Peel Re...


India's embattled Jet Airways gets two unsolicited bids

The lenders are offering 31.2-75 percent stake in the company on a fully diluted basis. Jet Airways ceased operations temporarily on April 17 because of acute...


Tata and Thyssenkrupp Steel joint venture to be called off

Tata Steel Europe and Thyssenkrupp had signed definitive agreements on June 30, 2018 to create a 50:50 pan- European joint venture . It further said furth...


Canada: Employment likely to fall by 10k in April - TDS

The unemployment rate also dropped to 5.7%, which is near historic lows. A closer look at the April numbers reveals the overall gain was driven by the creat...


South Shore Furniture recalls 322500 Libra chests

They measure 27.5 inches high by 31.25 inches wide and 15.5 inches deep. It was sold through online retailers like Amazon and Walmart.com. Consumers have be...


Where Uber's ugly debut ranks among IPO sell-offs of the decade

It's now his job to make good on that promise, guiding the company to growth in new markets and its current ones, and building competitive advantages that event...


Dyson patents hint at design of its electric crossover

The patent filings are the first clue to what the "radically different" auto pledged by British inventor Sir James Dyson might look like. Dyson has filed ...


Volkswagen Receives Over 10,000 Registrations For ID.3

The company has also finally given it a name, which is ID.3. It remains mysterious when it comes to the interior and above all its design. Volkswagen didn't...


Parents unable to delete kids' comments to Echo Dot

Senators Ed Markey and Richard Blumenthal, who sit on the Senate Committee on Commerce, Science, and Transportation, as well as Senators Josh Hawley and Richard...


Saudi Aramco offers to increase oil supply to India

The comments dragged on both Asian and USA stock markets. Oil prices edged up on Friday but were still set to fall over the week, as support due to supply c...



Party City Closing 45 Stores Amid Global Helium Shortage

Commenting on the helium shortage, Harris remained positive about the outlook for Party City. The demand for the gas is growing while about 75 percent of helium...


Trump orders raising tariffs on essentially all remaining imports from China

In a statement , the Chinese Ministry of Commerce said that China "will have to take necessary countermeasures ", while still urging the United States to meet...


Uber opens below IPO price after biggest IPO of 2019

The company's losses may have played on some investors' minds, along with the poor performance of smaller rival Lyft whose shares are down around a quarter si...


GM Canada and union announce deal to keep Oshawa plant operating

Unifor, which represents autoworkers at GM Canada mounted a nationwide campaign to lobby politicians and GM to save the 2,500 jobs in Oshawa. Unifor Canada Pr...


USA hikes tariffs leaving high uncertainty in place - Danske Bank

From the early days of his Administration, Trump has sought to boost Wall Street and take credit for any gains in the Dow . The United States and China have ...


Facebook co-founder calls for breakup of social media giant

Facebook co-founder Chris Hughes thrashed CEO Mark Zuckerberg Thursday and called on the federal government to break up enormous sections of the massive s...


Two lawmakers urge the FTC to consider harsher penalties against Facebook

In the United Kingdom, the government's Digital, Culture, Media and Sport (DCMS) committee recently recommended that social media firms should be overseen by t...


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