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Tesla Stock Is Going Nowhere Fast Despite Elon Musk’s SEC Settlement

Tesla Stock Is Going Nowhere Fast Despite Elon Musk’s SEC Settlement

He's made these assurances in large part due to progress Tesla has made in producing more Model 3 sedans - the first electric vehicle Tesla has tried to mass-manufacture. Analysts were relieved on...

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General Electric’s Flannery steps down as CEO, shares jump 15%

The company's power business, hit by problems with its latest generation of gas turbines, posted a $10 billion loss previous year. The company was stricken from the prestigious Dow Jones Industria...

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California just passed its net neutrality law. The DOJ is already suing

California just passed its net neutrality law. The DOJ is already suing

U.S. Attorney General Jeff Sessions said today, "Once again the California Legislature has enacted an extreme and illegal state law attempting to frustrate federal policy". Thirty other states are d...

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Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai

Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai

Since mid-August, the petrol price has risen by Rs 6.59 a litre and diesel by Rs 6.37 - the most in any six weeks after the daily price revision was introduced in mid-June past year. Sector experts ...

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Tesla is 'very close' to profitability, Musk says in staff email

Tesla is 'very close' to profitability, Musk says in staff email

The agreement allows him to stay on as the chief executive of Tesla , although he will have to hand over the reins as chairman of the board and must pay a $20m (£15m) fine to settle fraud charges. ...

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New report slams Australian banks for greed, dishonesty, lawlessness

New report slams Australian banks for greed, dishonesty, lawlessness

On releasing the interim report, Frydenberg was asked where our regulators had been ineffective because they had been captured by industry or had inadequate resources. "This interim report is a frank ...

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US, Canada reach free trade deal with Mexico

US, Canada reach free trade deal with Mexico

Chevrolet Equinox SUVs are parked awaiting shipment by CN Rail next to the General Motors Co (GM) CAMI assembly plant in Ingersoll, Ontario, Canada October 13, 2017. "There are several sticking poin...

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Fuel price hike: Petrol, diesel touch new heights

Fuel price hike: Petrol, diesel touch new heights

The effect of any measures, including reduction in Value-Added Tax by the states and the Excise duty by the Centre will not last long due to the volatility in crude prices. Delhi has lower tax among t...

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Ethereum (CRYPTO:ETH) 24 Hour Trading Volume Tops $1.96 Billion

Ethereum (CRYPTO:ETH) 24 Hour Trading Volume Tops $1.96 Billion

So I don't know if [there was an option] on Robinhood that allowed you to put on a pair trade there - sell BTC, buy Tilray and Cannabis. Ellaism (ELLA) traded down 6.4% against the dollar and now t...

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Family of nut allergy victim call for United Kingdom law change

Family of nut allergy victim call for United Kingdom law change

Natasha, who was allergic to sesame, had eaten a Pret a Manger baguette containing sesame seeds, unknown to her at the time. She fell ill about 20 minutes into the British Airways flight, and suff...

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VW, Microsoft team up to build connected cars

VW, Microsoft team up to build connected cars

Herbert Diess, CEO of Volkswagen AG. The German giant announced Friday that it will be teaming up with Microsoft for connected auto and cloud services despite a hush-hush deal with Apple to develop ...

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Ryanair forced to cancel another 250 flights as staff walk out again

Ryanair forced to cancel another 250 flights as staff walk out again

Germany's pilots' union said it would support the strike action, while the country's cabin crew union said it would announce on Thursday evening whether German Ryanair crew would join Friday's walko...

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CBS subpoenaed by Manhattan district attorney for info on Les Moonves

CBS subpoenaed by Manhattan district attorney for info on Les Moonves

The filing does not say exactly who is being investigated, the company or individuals. CBS revealed the inquiries Friday in a Securities and Exchange Commission filing, adding that the New York St...

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King, Trump discuss efforts to maintain oil market stability

Trump's been increasing the pressure on OPEC, saying it's pushing oil prices too high. "They'll pay us. The problem is nobody ever asks". This week, Trump again said he wasn't happy with OPEC, Mid...

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Based product selection planned for new Amazon outlet

Based product selection planned for new Amazon outlet

The newest store takes a page from the company's Amazon Books stores, which charges customers the full suggested retail price unless they are a Prime member. As per media resources, Mariana Garava...

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Trade talks stuck in neutral as Trump 'very unhappy' with Canadian negotiator

Trade talks stuck in neutral as Trump 'very unhappy' with Canadian negotiator

A spokesperson for Trudeau told CTV News that "no meeting was requested". Nevertheless, Treasury Secretary Steven Mnuchin on Thursday said while he hopes the U.S. Mexican ambassador Dionisio Perez J...

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BMW i3 debuts with 42.2-KWH battery, 153-mile range

BMW i3 debuts with 42.2-KWH battery, 153-mile range

BMW does not shy away from creating confusion and thus continued using the EV battery's capacity in ampere hours (Ah) in the name of the 2019 edition . That means 192 miles of range from 42.2kWh, or...

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Facebook reveals data breach affecting 50 million users

Facebook reveals data breach affecting 50 million users

The company has since fixed the vulnerability and contacted law enforcement. Discovering the breach earlier this week, the company said that the investigation in the matter is still in its initial p...

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ITC rules against Qualcomm and advises against iPhone import ban

ITC rules against Qualcomm and advises against iPhone import ban

For its part, Apple said that "Qualcomm has continued to unfairly demand royalties for technologies they have nothing to do with to protect their monopoly". Earlier this week, Qualcomm broadened its l...

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SurveyMonkey Jumps in Public Market Debut

Sandberg Revocable Trust, which holds 8.5 percent of shares after Wednesday's offering. The company sold 15 million shares at $12 a piece, higher than its expected price range. That vote of confiden...

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China to cut tariffs on imports including machinery, textiles

China to cut tariffs on imports including machinery, textiles

Trump, speaking at the United Nations also on Tuesday, criticised China for its trade practices, and offered a thunderous recitation of his "America First" policies. "And since the Trump administrat...

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Where to get java deals and freebies on National Coffee Day

Where to get java deals and freebies on National Coffee Day

When you buy any food item at Caribou Coffee on National Coffee Day 2018, you'll get a free coffee in any size. The Coffee Bean & Tea Leaf : Get a free 16oz coffee when you purchase of a food or ...

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Fed helps Hong Kong homebuyers at owners' expense

Fed helps Hong Kong homebuyers at owners' expense

Just last week, the Hong Kong dollars suddenly had a sharp spike, and market watchers attributed to expectations of a rise in bank lending rates and tightness in cash supplies. "According to some ma...

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New recipes remove artificial ingredients — McDonald's burgers

New recipes remove artificial ingredients — McDonald's burgers

Going towards a more "health conscious" route, they will be removing preservatives from the ingredients in their burgers (buns, sauces, but not pickles). 'We understand that now more than ever, people...

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Boeing/Saab joint T-X design wins Air Force’s jet trainer competition

Boeing/Saab joint T-X design wins Air Force’s jet trainer competition

While Boeing remains a giant in commercial aircraft, it has been outflanked by rivals recently in the defense space. After searching for more than a decade, the U.S. Estimates of the program's tot...

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Brent oil trades near 4-year high, but US crude retreats

Brent oil trades near 4-year high, but US crude retreats

Brent slid 39 cents to $81.48 per barrel, while West Texas Intermediate settled down 71 cents, or 1 percent, to $71.57 per barrel. The oil market is bracing for a hit to global supplies from the...

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Elon Musk: 5 things to know about the SEC's fraud complaint

Elon Musk: 5 things to know about the SEC's fraud complaint

Short sellers notched $1.27 billion Thursday alone in paper profits, and Tesla recently regained the title of most-shorted USA stock, according to S3 Partners. Musk has driven the company to the verge...

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China meddling with United States midterm elections, Donald Trump tell UN Security Council

China meddling with United States midterm elections, Donald Trump tell UN Security Council

A year ago at the U.N., Trump belittled its leader Kim Jong Un as "Rocket Man" and threatened to annihilate the country, but on Wednesday he touted the "the wonderful relationship" with Kim and teas...

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Hacker to live-stream attack on Zuckerberg's Facebook page

Hacker to live-stream attack on Zuckerberg's Facebook page

A Bloomberg report says, Chang Chi-yuan is a minor celebrity in Taiwan who has successfully hacked into Apple and Tesla. Similarly, the live-stream will commence at 6 am in NY, 11 am in London, 12 p...

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Facebook says 50 million user accounts affected by security breach

Facebook says 50 million user accounts affected by security breach

Facebook has since fixed the vulnerability and informed law enforcement, it said. Facebook has said that up to 50 million user accounts may have been compromised by hackers. Facebook says 50 million...

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