• Tesla posts Q1 net loss of $700M
Tesla posts Q1 net loss of $700M

CEO Elon Musk past year predicted quarterly profits in the future. The Q1 sales report , released April 3, did not put the company in the best light. Musk is still battling to convince investors that demand for the Model 3 , the sedan hoped to propel Tesla to sustainable profit, is "insanely" high, and that it can be delivered efficiently and s...

Read more

  • Israel applauds Trump decision to eliminate Iran oil waivers
Israel applauds Trump decision to eliminate Iran oil waivers

In a tweet , President Trump said: "Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian oil". Iran's biggest oil customers are China and India, who have both been lobbying for extensions to sanction waivers. Iran has brushed off the Trump administration's decision to stop exempt...

Read more

  • Recreation And Golf Services' Easter Egg-stravaganza 2019
Recreation And Golf Services' Easter Egg-stravaganza 2019

Sometimes those golden eggs contain money, sometimes it's special candy but here, this time, the prize is even bigger. Each quadrants consisted of 4,000 eggs for kids to pick up. The highlight of the Eggstravaganza are the on-going Easter egg hunts held from 1 to 3:30 p.m. The event is free thanks to the generosity of many local sponsors.

Read more

  • Justice Dept. to release two versions of redacted Mueller report
Justice Dept. to release two versions of redacted Mueller report

Since the special counsel's office closed its investigation late last month, Barr and his team at the Justice Department have been reviewing the almost 400-page final report to determine how much of it can be made public. "He is the attorney general of the United States , not the attorney general of Donald Trump ", Pelosi said April 11. "We'v...

Read more

  • India's Jet Airways to suspend all operations after banks reject funding request
India's Jet Airways to suspend all operations after banks reject funding request

Since April 11 Jet Airways has stopped operating its sole global flight from Bengaluru-the daily 9W235 flight to Amsterdam. The lenders are keen to have Etihad take over Jet Airways' operations as it is the only strategic investor in the fray,"said a third source".

Read more

  • Intel Exits 5G Modem Business Following Apple-Qualcomm Settlement
Intel Exits 5G Modem Business Following Apple-Qualcomm Settlement

Later Qualcomm hit back with its own lawsuit, alleging that Apple used its heft in the electronics business to wrongly order contract factories such as Hon Hai Precision Co Ltd's Foxconn to withhold royalty payments from Qualcomm that Apple had historically reimbursed to the factories.

Read more

  • Why Tesla’s $35,000 Model 3 remains an endangered species
Why Tesla’s $35,000 Model 3 remains an endangered species

In Germany, Tesla is charging a base price of 44,500 euros (plus a handling fee of 980 euros) for this version, which offers a WLTP range of 415 km. It will be a software-limited version of the Standard Plus, with 10-percent lower range, no heated seats, disabled music streaming and other downgrades.

Read more

  • Thousands Of Amazon Staff Listen To Alexa Requests
Thousands Of Amazon Staff Listen To Alexa Requests

An investigation by Bloomberg has revealed that Amazon has a global team that transcribes and annonates Alexa recordings from around to world to "eliminate gaps in Alexa's understanding of human speech" and allow the assistant to serve up better responses to your queries.

Read more

  • AOC: Climate Change Is a 'Major Factor' Driving the Migrant Crisis
AOC: Climate Change Is a 'Major Factor' Driving the Migrant Crisis

Earlier Tuesday, Ocasio-Cortez discussed the role of global warming and national security at a House Oversight Committee hearing with John Kerry , the former Secretary of State, and Chuck Hagel , the former Secretary of Defense. "I don't know if you're allowed to agree with that, Secretary Kerry or Secretary Hagel..." Ocasio-Cortez also calle...

Read more

  • Fighting flares on Tripoli outskirts
Fighting flares on Tripoli outskirts

In a press briefing on Sunday from Tripoli , Libyan Army spokesman Mohammed Gununu said his forces have firm and accurate tactics that will foil all attacks by Haftar's forces on Tripoli. UN Secretary-General Antonio Guterres during his visit to Ain Zara Detention center in Tripoli, Libya. The strike came shortly after the rival UN-backed Go...

Read more

  • Facebook app developers post millions of user records on cloud servers
Facebook app developers post millions of user records on cloud servers

Researchers notified Cultura Colectiva and Amazon in January, but the data remained unsecured until Wednesday. "Facebook's policies prohibit storing Facebook information in a public database", explains a spokesperson. Chris Vickery, executive of cyber risk research at UpGuard , told TechCrunch: "These discoveries keep on featuring the issu...

Read more

  • Elon Musk loses $1.5b in two minutes as shares tumble
Elon Musk loses $1.5b in two minutes as shares tumble

Grimes' passion for music seems to be rubbing off on boyfriend Elon Musk . Under the agreement hashed out a year ago, Musk was supposed to stop tweeting about Tesla's business without a lawyer's approval. Crumpton's comments to U.S. District Judge Alison Nathan in Manhattan lifted a possible drag on Tesla's share price. Lawyers for the SE...

Read more

  • Oil Prices Hit Highest Mark Of 2019
Oil Prices Hit Highest Mark Of 2019

Global benchmark Brent futures settled up 9 cents at $69.40. Brent crude rose 15 cents, or 0.2 percent, to $69.16 a barrel by 0636 GMT, having earlier touched $69.50, the highest since mid-November. US Vice President Mike Pence this week confirmed Washington would continue to target Venezuela , citing world oil prices as low enough to allow fo...

Read more

  • Mexico Making 'Significant' Effort to Stop Illegal Migration to US - White House
Mexico Making 'Significant' Effort to Stop Illegal Migration to US - White House

She sent a letter to Congress last week repeating numerous Trump administration's demands, including a request to quickly deport Central American minors that cross the border alone. The most recent came over the weekend, and the threat was subsequently backed by White House officials so this one carries a bit more weight. He says Congress needs...

Read more

  • British MPs reject all Brexit alternatives, again
British MPs reject all Brexit alternatives, again

Fifteen Conservative MPs and 203 from Labour - including Mr Corbyn - were among the 280 who voted in favour of a confirmatory referendum for any Brexit deal agreed in the Commons, but they were outnumbered by the 292 voting against, who included 24 Labour MPs.

Read more

  • Erdogan's AKP voted out in Ankara
Erdogan's AKP voted out in Ankara

Sunday's poll was the first municipal ballot since Turks approved constitutional reforms in 2017 to create an executive presidency that gave Erdogan wider powers after 16 years in office. Separately, deputy AK Party chairman Ali Ihsan Yavuz said 17,410 votes that should have been counted for AK Party had been registered to other parties.

Read more

  • Ban on plastic bags comes close to reality in a 3rd state
Ban on plastic bags comes close to reality in a 3rd state

Despite broad consensus on measures including an additional $1 billion in education funding and a permanent, 2 percent cap on property taxes, the Senate had passed only five of 10 budget bills by early Sunday night, while the Assembly had passed a mere three.

Read more

  • HEALTH ALERT: CBD coming to Walgreens
HEALTH ALERT: CBD coming to Walgreens

The Food and Drug Administration ( FDA ) says that companies are still banned from putting CBD in food or dietary supplements. Walgreens made the announcement despite some uncertainty over whether the feds plan to crack down on consumer products that contain CBD.

Read more

  • Lyft Shares Soar on Nasdaq Debut After IPO
Lyft Shares Soar on Nasdaq Debut After IPO

Logan Green: 684,591 class A shares and class B shares worth $655.5 million at IPO prices. The co-founder and chief executive officer of Lyft owns 684,591 class A shares and 7,689,182 class B shares and holds a 2.9 percent stake in the company.

Read more

  • Huawei's reputation receives another damaging blow from United Kingdom security report
Huawei's reputation receives another damaging blow from United Kingdom security report

Huawei is now the global market leader in telecoms equipment sales, but faces resistance from countries across Europe, North America and Australasia, many whom have accused the telecoms firm's 5G mobile infrastructure of posing security risks.

Read more

  • Schmear campaign: New Yorkers lambaste bread-sliced bagel
Schmear campaign: New Yorkers lambaste bread-sliced bagel

New York City's 311 service tweeted out "real New Yorkers know there is only one way to slice a bagel". Even NYPD Chief Dermot Shea responded on Twitter, joking the act was crime and saying it would never happen in New York City. On Wednesday evening, Panera, the company responsible for the bread-sliced bagels in the initial photo , summed it up...

Read more

  • Icelandair Offers Rescue Fares for Stranded WOW air Passengers
Icelandair Offers Rescue Fares for Stranded WOW air Passengers

Passengers took to social media today as they sought alternative travel arrangements after the Wow Air flights were grounded. Passengers who didn't book their flights through a registered travel agent have a couple of other options. "These fares will only be available for passengers who have already embarked in their journey a return ticket w...

Read more

  • Oil prices fall as Trump tweets at OPEC, US crude stockpiles climb
Oil prices fall as Trump tweets at OPEC, US crude stockpiles climb

Oil fell for the fourth time in five days as President Donald Trump called on OPEC to lift production and data showed the USA economy cooling faster than expected. Expectations of a further drop in USA inventories also supported prices, suggesting the OPEC-led curbs were helping to avert a buildup of excess supplies.

Read more

  • Winning Powerball ticket worth $768 million sold in Wisconsin
Winning Powerball ticket worth $768 million sold in Wisconsin

The largest Powerball jackpot on record was $1.586 billion in January 2016, which remains the world record lottery jackpot. The $768.4 million estimated figure refers to the annuity option, paid over 29 years. Powerball drawings are held at 10:59 p.m. Corey Kalmari is the manager at Citgo in Newington and says the only way people can increa...

Read more

  • McDonald's wants to become the Amazon of fast
McDonald's wants to become the Amazon of fast

Steve Easterbrook , President and Chief Executive Officer, McDonald's Corporation. McDonald's started testing the technology in several US locations last year, and plans to expand its use for drive-thru menus across the USA this year and then internationally.

Read more

  • Jet Airways founder Naresh Goyal steps down amid crisis
Jet Airways founder Naresh Goyal steps down amid crisis

His wife Anita Goyal also stepped down from the board of the company. According to industry estimates, Jet's total debt stood at Rs 8,000 crore. Lenders to form an interim management committee to manage and monitor the daily operations and cash flows .

Read more

  • Trump to nominate Fed critic Stephen Moore to the Fed
Trump to nominate Fed critic Stephen Moore to the Fed

Nominees for the job are subject to Senate confirmation. America's secretive central bank - announced it had no plans to raise interest rates during 2019 (and would probably hike rates just once in 2020). Moore has often embraced a confrontational tone in his commentary on the Fed . Trump picked Moore after speaking with him to compliment him ...

Read more

  • Mega Millions numbers: Did you win Friday's $50 million lottery jackpot?
Mega Millions numbers: Did you win Friday's $50 million lottery jackpot?

If there is no jackpot victor, the amount grows larger for the next drawing. The jackpot on Saturday would be the seventh-largest in USA history, with an estimated lump sum payout of $380.6 million before taxes. Choose five numbers between 1 an 69, and one Powerball number between 1 and 26. Wisconsin residents have won $50,000 prizes in each...

Read more

  • Venezuela’s falling oil supply is a major ‘challenge’ to global energy markets
Venezuela’s falling oil supply is a major ‘challenge’ to global energy markets

Along with this, the cuts in pumping implemented by the Organization of Petroleum Exporting Countries (OPEC) and some large producers outside that group, as well as the increase in the crude extraction in the United States , influenced the prices of the so-called black gold.

Read more

  • RCom scraps telecom asset sale to Reliance Jio
RCom scraps telecom asset sale to Reliance Jio

RCom owes a total ₹5.71 billion to Ericsson , including a one-time settlement of ₹5.5 billion and interest payments of ₹210 million. A spokesman for the Anil Ambani group didn't respond to an email seeking comments on plans to pay the Ericsson dues.

Read more

  • Tesla Model Y starts at $47K in late 2020
Tesla Model Y starts at $47K in late 2020

Luckily for Tesla , many of its customers are also investors and surely they will appreciate the firm's apparent new commitment to boring but achievable profit-boosting. Tesla expects the higher-end versions to ship in fall 2020. It'll sticker for $52,200. Model Y is compatible with the current Supercharger network of more than 12,000 Supercharge...

Read more

  • Facebook recovering from global outage
Facebook recovering from global outage

The cause for Facebook , Instagram , and Oculus's long (and probably costly) goof? The social network has since addressed the issue and pinpointed the cause of it. Some media outlets branded the outage as the biggest in Facebook's history. "We've now resolved the issues and our systems are recovering", the company said in a tweet .

Read more

  • Tesla to raise prices, backtracks on closing most stores
Tesla to raise prices, backtracks on closing most stores

But in an update the company said that over the past two weeks it had been "closely evaluating every single Tesla retail location" and had " decided to keep significantly more stores open than previously announced ". Although Tesla said it would concentrate on making up volume in Europe and China, neither of those markets appear able to tak...

Read more

  • Massachusetts Adds 11400 Jobs in January
Massachusetts Adds 11400 Jobs in January

Home sales fell last year and price gains are slowing after the average rate on a 30-year mortgage reached almost 5 percent last year. "I think the big news really was that wages went up and that's great for the American worker". The prime-age (25-54) labor force participation rate is still up 0.4 points over the past year, which has helped to arre...

Read more

  • New Tesla Supercharger can give 1000 miles of charge per hour
New Tesla Supercharger can give 1000 miles of charge per hour

That's not all, Tesla , in a bid to further decrease the average time spent on charging station, will release a software update with "On-Route Battery Warmup" feature to its cars. Tesla says that only the Model 3 will be updated to support the maximum charge rate of 250 kW, at least for now. However, it will take a while for V3 to come online: ...

Read more