Tesla Can’t Do This: Rivian Trucks Can Charge Each Other
After the surge in electric cars, competition is moving to the electric truck market. Upping the industry bar in electric trucks is Rivian, flaunting a unique feature whereby one Rivian truck can charge another Rivian truck.
Higher Open Expected For US Markets: Oil Up
Higher open likely for U.S markets Monday as the stock index futures jumped on Monday morning after the Trump administration decided not to push tariffs on Mexican imports after a deal.
China’s Trade Surplus In May Hits $41B, Double Than Expected
The latest in China news is the nation's surprisingly huge trade surplus in May despite the raging trade war with the U.S and widespread expectations of a lower surplus.
Marijuana Industry To Hit $60B In Sales By 2023, New Study Reveals
Sales in the marijuana industry of the United States are growing exponentially.
Elon Musk Knew Tesla Would Fail From Start: ’10% Chance Of Success’
Tesla CEO Elon Musk may be an icon as a billionaire entrepreneur and innovator. But this “Man with the Midas touch” himself says his journey had been hard and he was pessimistic about the success of Tesla.
Higher Open Likely For US Markets: Oil Up
Higher open expected for the U.S stock markets Friday. The U.S. stock market futures jumped on Friday morning buoyed by the sustained rally on Wall Street and expectations on the upcoming non-farm payrolls data.
IBM Layoffs: Tech Giant Confirms 1,700 Job Cuts
Tech giant IBM will lay off a small percentage of its employees reinforcing speculative reports that were appearing in many media outlets.
Michigan, Texas Will Suffer Most From Trump’s Mexico Tariffs
President Donald Trump’s proposed five percent tariff on all imports from Mexico to strengthen border enforcement will pinch American businesses and consumers seriously. The hard hit will be Texas and Michigan.
China President Xi Jinping Calls Vladimir Putin His ‘Best Friend,’ Strengthens Alliance With Russia
Chinese President Xi Jinping has described Russian President Vladimir Putin as his “best friend.”
The Chinese president is on a state visit to Russia.
Higher Open Likely For US Markets: Oil Price Picks Up
Higher open likely for the U.S markets Thursday after the main U. S. stock index futures moved up on Thursday morning sustaining the momentum induced by Wall Street’s rally in the past two days.
Warren Buffett’s Berkshire Hathaway Funded Ponzi Scam Frauds’ Lavish Lifestyle Without Knowing It
Ace investor and billionaire Warren Buffett’s Berkshire Hathaway was tricked into a bad investment by an enterprise running Ponzi schemes on solar energy luring investors by flaunting federal tax credits.
Dow Up 200 Points, Stocks Rally As Hope On Fed’s Rate Cut Continues
Great stock market news is being created by the strong performance of the U.S equity markets that continued on Wednesday riding on hopes of an impending Fed rate cut.
Tesla Roadster Will Have SpaceX Thrusters With ‘3 Gs’ Top Speed, Musk Says
Tesla’s much-awaited new generation Roadster in 2020 is perceived as a hyper-car or supercar in the making with several surprises in technology and pricing fronts.
Higher Open Expected For US Markets: Oil Price Slips
Higher open likely for the U.S. markets Wednesday after the U.S. stock index futures rallied on Wednesday morning.
Vietnam, Taiwan And Chile Are Biggest Winners In US, China Trade War
The year-long trade war between the U.S and China may have hurt respective business and economies. But a host of third countries including Vietnam benefited from the trade standoff, according to a study.
68% Of Facebook Investors Vote To Oust Mark Zuckerberg
Majority of Facebook investors sought the removal of founder CEO Mark Zuckerberg from the company’s chairman role. The demand received 68 percent vote at the last shareholder meeting.
James Holzhauer’s ‘Jeopardy’ Winnings Only $1.3M After Taxes - A 48% Cut
Jeopardy game continues to make news despite the abrupt exit of finalist James Holzhauer. Now the bigger news is that almost half of Holzhauer’s hard-earned winnings money will be taken away by the tax men.
Higher Open Expected For US Markets: Oil Down
Higher open likely for the U.S markets Tuesday after the U.S. stock index futures rallied on Tuesday morning.
Tesla To The Rescue: GM, Fiat Chrysler Admit Buying Regulatory Credits From Musk’s Company
Amidst reports on Tesla’s varying stock price, sales, and competition, the news is that the electric car maker has been making good money by selling greenhouse gas credits to fellow carmakers.
Is Trump Interfering In Sprint, T-Mobile Merger? Senators Want Answers
The proposed $26 billion merger deal of T-Mobile and Sprint has drawn the attention of six Democratic senators. They urged the Justice Department (DoJ) to clarify whether there is any interference from President Donald Trump or White House officials in the decision-making process.
Sprint, T-Mobile Merger Gets Help From Amazon: Retailer Looking To Buy Boost Mobile
In meeting the DoJ diktat to “do the groundwork for creating a new carrier” as pre-condition to Sprint, T-Mobile merger, Amazon is reportedly ready to help as a potential buyer of Sprint’s Boost Mobile.
Lower Open Likely For US Markets Over Mexico Tariffs: Oil Down
Lower open expected for the U.S. stock markets Friday after President Donald Trump’s threat to impose tariffs on Mexican imports pulled down top stock market futures on Friday morning.
FDA Could Legalize CBD In Food Soon, Holds First Hearing
The U.S. Food and Drug Administration (FDA) will hold its first public hearing on Friday to understand the viability of legalizing cannabis CBD in food products.
North Korea's Kim Jong Un Executes Officials After Failed US Summit: Reports
Venting frustration at the failed Hanoi summit with President Donald Trump, North Korea has executed its special envoy to the U.S and a few other foreign ministry officials. They faced charges of “spying for the U.S.”
DOJ Could Approve Sprint, T-Mobile Merger If Companies Create New Carrier
Latest in the Sprint T-Mobile merger news is that merger approval can get a nod if the condition proposed by the Justice Department is agreed upon. That is all about floating a fourth carrier.
Mueller Statement Fuels Demand For Trump Impeachment
The demand for impeachment of President Donald Trump got a new impetus from special counsel Robert Mueller's open speech to the Justice Department press corps.
Tesla’s Elon Musk Pokes Fun At Audi E-Tron, French For ’S—t’
Proof that German car maker Audi’s new SUV offering E-Tron S is in the gaze of EV maker Tesla became evident from the Twitter sparring involving CEO Elon Musk who poked fun on it.
Tesla Starts Pre-Orders For China-Made Model 3 On May 31
It is official now. Tesla will start accepting pre-orders for China-made Model 3 from Friday, May 31, 2019.
Google Jobs Exposé: Temps Not Treated Equal, Red Badge Adds To ‘Sense Of Shame’
Search giant Google is under scanner for its unequal treatment of temporary workers and contractors who constitute 54 percent of the workforce. Recurring employee protests are seeking equal treatment and action against sexual harassment.
Dow Drops 237 Points Sparks US Economy Worries
The U.S stock markets fell on Tuesday after investors were overwhelmed by worries about a possible slowdown in the U.S. economy. The Dow Jones Industrial Average slumped 237.92 points and lost the 131-point gain with which it started the day.