Elon Musk drama or no, Tesla still has investors on its side

Musk in a conference call on Wednesday, addressing the company's largest quarterly loss to date, said the electric auto maker would not need to raise more cash and that capital expenses would be slightly below $2.5 billion in 2018, lower than most an... More..

by | Published more than a month ago
New US-EU trade deal puts brakes on escalating tension
by | Saturday, July 28, 2018

New US-EU trade deal puts brakes on escalating tension

After a meeting at the White House, Mr Trump and European Commission president Jean-Claude Juncker said the talks would also seek to "resolve" U.S. tariffs on steel and aluminium and Europe's retaliatory duties...More..

Facebook Lost Over $100 Billion in Market Capitalization Today, A New Record
by | Saturday, July 28, 2018

Facebook Lost Over $100 Billion in Market Capitalization Today, A New Record

The price target upgrades come after the e-commerce giant reported blowout second-quarter earnings. Read the full story at Fox News . Meanwhile, other observers think the technology expert may be in over h...More..

Heatwave havoc in Britain as 'extreme' temperatures set to climb to 37C
by | Friday, July 27, 2018

Heatwave havoc in Britain as 'extreme' temperatures set to climb to 37C

Motorists have been warned that lightning, flash flooding and large hailstones could hit eastern parts this afternoon, with a thunderstorm warning in place from about 2pm until just before midnight. Meanwhile s...More..

Trump, EU trade deal averts trade war, tariffs
by | Thursday, July 26, 2018

Trump, EU trade deal averts trade war, tariffs

He said the USA will be making it easier for the E.U.to do so in order to "diversify their energy supply, which they want very much to do". U.S. Rep. agricultural products. According to Agriculture Secretary ...More..

Auto industry loses 'real giant' after Marchionne dies aged 66
by | Thursday, July 26, 2018

Auto industry loses 'real giant' after Marchionne dies aged 66

Manley, who was born in the United Kingdom, is the first Fiat CEO not born in Italy . Marchionne, who was Italian and Canadian, had revived Fiat by 2009 when he was picked by the US government to save USA ...More..

Facebook loses $130 bn in just two hour, Zuckerberg $17 bn
by | Thursday, July 26, 2018

Facebook loses $130 bn in just two hour, Zuckerberg $17 bn

Facebook's daily and monthly user counts were up 11 percent year-over-year, confirming that the momentum of its business is still overpowering its PR problems that took place prior to the company publishing th...More..

Europeans offer Trump 2 options to defuse trade war
by | Wednesday, July 25, 2018

Europeans offer Trump 2 options to defuse trade war

Juncker told Trump during a meeting in the Oval Office that the trade talks are important. "Just be a little patient". China has responded with its own tariffs. "They are taxes, paid by Americans, that ha...More..

Alphabet Earnings: What to Watch
by | Tuesday, July 24, 2018

Alphabet Earnings: What to Watch

Alphabet's $32.66 billion in second-quarter revenue, 86 percent of which came from Google's advertising business, beat an average estimate of $32.17 billion. Analysts surveyed in advance by Yahoo Finance expe...More..

Donald Trump: 'Tariffs are the greatest!'
by | Tuesday, July 24, 2018

Donald Trump: 'Tariffs are the greatest!'

Some of the companies invited to set up their products inside the White House say they were both surprised and honored to have been asked to participate. "For decades, we've seen tariffs, we've seen barriers to...More..

Marchionne replaced as FCA Group boss due to ill health
by | Monday, July 23, 2018

Marchionne replaced as FCA Group boss due to ill health

Fiat Chrysler Automobiles named Mike Manley , the head of its Jeep and Ram brands, to replace ailing CEO Sergio Marchionne at the helm of the world's eighth-largest automaker, according to Reuters. He...More..

Pompeo: Some US Korean War Remains to Come Home Soon
by | Monday, July 23, 2018

Pompeo: Some US Korean War Remains to Come Home Soon

The text has been criticized for the lack of specifics and deadlines regarding the dismantlement of the North Korean nuclear programme. Trump has used harsher language for the media coverage of the North Ko...More..

Oil prices steady as trade worries weigh
by | Saturday, July 21, 2018

Oil prices steady as trade worries weigh

West Texas Intermediate ( WTI) crude futures climbed 6 cents, or 0.1 per cent, to $68.82. The International Energy Agency reported that Saudi Arabia boosted production sharply last month, raising crude ...More..

China's trade surplus with United States swells in June
by | Sunday, July 15, 2018

China's trade surplus with United States swells in June

However, analysts said the June figures were a sign that exporters rushed to beat the initial tranche of tariffs, which came into effect in the first week of July. "There will be challenges facing foreign trade...More..

A primer to save on Amazon Prime Day
by | Sunday, July 15, 2018

A primer to save on Amazon Prime Day

What is more , for the first time on Prime Day, members can shop from hundreds of deals from Amazon's worldwide selection. At the Amazon Prime Day Experience Zones, you will be able to experience severa...More..

Stocks slump, yen rises as United States raises stakes in trade conflict
by | Sunday, July 15, 2018

Stocks slump, yen rises as United States raises stakes in trade conflict

Officials will hold hearings in late August on the list of targeted products and an administration official said it would take about two months to finalise, at which point Trump would decide whether to go a...More..

Timeline: President's Donald Trump's rocky road to UK visit
by | Saturday, July 14, 2018

Timeline: President's Donald Trump's rocky road to UK visit

British Prime Minister Theresa May has a good relationship with Donald Trump and is confident a trade deal can be agreed with the United States after the president criticised her Brexit plans in an intervie...More..

Thai cave rescue: Elon Musk offers kid-sized submarine
by | Monday, July 09, 2018

Thai cave rescue: Elon Musk offers kid-sized submarine

Of course it's not the first time that he's offered help on Twitter , using the expertise of SpaceX and Tesla . Musk said the construction will be "complete in about 8 hours, then 17-hour flight to Th...More..

Oil rises even as Donald Trump demands OPEC cut prices
by | Monday, July 09, 2018

Oil rises even as Donald Trump demands OPEC cut prices

He also mentioned that a working group to discuss the plan was being formed. The lack of response in USA crude oil to a demand earlier this week by President Donald Trump that the Organization of the Petr...More..

Trump's tweets driving up oil prices
by | Friday, July 06, 2018

Trump's tweets driving up oil prices

The move lower is attributable to Saudi Arabia's willingness to increase demand at the request of US President Donald Trump . On the other, tightening supplies caused by unexpected disruptions from Libya to ...More..

Iran Warns Trump's Oil Ban Is 'Self Harm'
by | Friday, July 06, 2018

Iran Warns Trump's Oil Ban Is 'Self Harm'

OPEC and Russian Federation said in June they were willing to raise output to address concerns of supply shortages due to unplanned disruptions from Venezuela to Libya, and likely also to replace a potential ...More..

Walmart under fire from conservatives for 'Impeach 45' shirts slamming Trump
by | Wednesday, July 04, 2018

Walmart under fire from conservatives for 'Impeach 45' shirts slamming Trump

Ironically, the manufacturer who is responsible for these highly-contested shirts have also sold merchandise that is staunchly Pro-Trump, having mass-produced "Make America Great Again" hats in the past. "W...More..

GM may slash American jobs because of Trump tariffs
by | Tuesday, July 03, 2018

GM may slash American jobs because of Trump tariffs

The Department of Commerce is now accepting rebuttal comments for responses already submitted until July 6, and will hold public consultations in Washington in July. The Camry is manufactured in a Toyota...More..

Toys R Us closes final stores Friday
by | Sunday, July 01, 2018

Toys R Us closes final stores Friday

Toys 'R Us filed for bankruptcy in September 2017 and began closing its 735 USA stores in March, with the last and final round of the brick and mortar locations officially closing doors this week. "Because w...More..

Protesters swarm Iran's Grand Bazaar in Tehran
by | Thursday, June 28, 2018

Protesters swarm Iran's Grand Bazaar in Tehran

The currency has been sliding for months because of a weak economy, financial difficulties at local banks and heavy demand for dollars among Iranians who fear the pullout by Washington from the nuclear deal and...More..