Tesla Model 3 Made In China Could Have $50,700 Price Tag
Latest in Tesla news is that the electric car maker may price its China-made Model 3 in the range of $43,431 to $50,670. Tesla has announced that it will reveal the China price officially on May 31.
Moderate Open Likely For US Markets: Oil Up
Moderate open likely for the U.S markets Tuesday after the U.S. stock index futures moved up marginally on Tuesday morning
Alibaba To Offer Public Shares Again, Plans Hong Kong Listing To Raise $20B
China’s e-commerce giant Alibaba Group Holding Ltd may go for a second listing in Hong Kong to raise $20 billion.
Utah To Slap $100K Fees On Medical Marijuana Growers
Becoming a medical marijuana grower in Utah State in the U.S will be a costly proposition.
Huawei Supports Apple, Tells China Not To Punish US Company Over Trade War
Chinese telecom equipment major Huawei has publicly supported Apple against any punitive action by China as part of the trade war. There were reports that China may target Apple to settle scores with the U.S for blacklisting Huawei.
Fiat Chrysler, Renault Stocks Jump On Merger News
News of automakers Fiat Chrysler and Renault may engage in merger talks has lifted the stocks of both companies. Shares of Fiat Chrysler and Renault jumped 13 and 11.5 percent respectively.
US Stock Market To Jump 10,000 Points If Fed Kept Interest Rates, Trump Says
President Donald Trump has slammed the U.S central bank for raising interest rates thereby hurting the country’s stock markets and economic growth.
Tesla Model 3 Beats BMW M3, Audi RS4 In A Drag Race
Tesla Model 3’s performance in a drag race has won many admirers. The latest race had Model 3 beating two sturdy, sophisticated compact cars.
Tearful Theresa May Announces Resignation
British Prime Minister Theresa May announced her resignation on Friday. The PM was in tears while announcing her decision to quit.
Huawei Is Releasing Own Operating System This Year Amid Android Pullout
Chinese telecom equipment major Huawei Technologies will launch own operating system for smartphones and laptops in China by the Fall this year after the looming divorce with Android OS.
Tesla On Track To Break Sales Record This Quarter, Elon Musk's Email Says
Injecting a new life to the sagging stock of electric car maker Tesla, CEO Elon Musk announced that the company is on the way to achieve target production numbers for Model 3 in Q2 and may set a record.
Pentagon Confirms UFO, Alien Investigation: ‘A Bombshell Revelation’
The U.S defense establishment, Pentagon, has admitted that it has been studying the existence of UFOs and other generalized UAP or unidentified aerial phenomena for long.
Lower Open Expected For US Markets: Oil Down
Lower open expected for the U. S markets Thursday after top U.S stock index futures, especially Dow Jones, were steeply down on Thursday morning.
China May Ban Apple Products, Earnings Could Drop By 30%
In the "tit for tat" trade war between the United States and China, if the latter bans iPhone maker Apple’s products, the tech giant’s earnings will plunge at least 30 percent, noted a Goldman Sachs analyst.
Will Apple Buy Tesla This Year? Morgan Stanley Says Don’t Count On It
American electric vehicle maker Tesla’s growth story has been trashed by long-time Tesla bull and admirer Adam Jones of Morgan Stanley.
Target Stock Jumps 8% On Q1 Earnings Beat
Leading U.S. retailer, Target Corporation reported its first-quarter results that beat analysts’ expectations. Target shares jumped nearly 8 percent in premarket trading following the news.
Widow Sues Boeing For $276M Over Ethiopian Airlines Crash That Killed Her Husband
A French widow has sued Boeing for her husband’s death in the March 10 Ethiopian Airlines crash that killed 157 people on board. The lawsuit seeks $276 million in damages for the crash of the 737 MAX 8 aircraft.
Trump Impeachment Calls Are Escalating, Pelosi Could Be Last Barrier
The rising chorus for impeachment inquiry against President Donald Trump has taken a new turn with pressure mounting on dithering House Speaker Nancy Pelosi to take a stand.
Home Depot Q1 Earnings Beat Expectations, But Same-Store Sales Fall Short
Leading home improvement retailer Home Depot reported its fiscal first-quarter earnings on Tuesday and exceeded analysts’ expectations.
US-China Trade War Could Lead To Global Recession, Economist Says
The trade war between the U.S and China holds ominous consequences for the global economy and the risk of recession is very high, warned an economist with Morgan Stanley.
Nike, Under Armour Urge Trump To Lift China Tariffs On Footwear
Leading footwear companies in the U.S have come out against President Donald Trump’s China tariffs.
What is Little Caesars’ Impossible Pizza? Features Meatless, Plant-Based Sausage
Little Caesars, the third-largest pizza chain in the United States, will join the lucrative plant-based protein market and offer “Impossible Supreme pizza” with non-meat sausage topping.
Deutsche Bank Didn’t Report Trump’s Suspicious Transactions to Federal Watchdog, NYT Reveals
Deutsche Bank reportedly hushed up an insider report that flagged suspicious deals of the businesses run by President Donald Trump and Jared Kushner and never took the matter to the American watchdog.
Grubhub Has Been Charging Restaurants For Bogus Orders, Philadelphia Case Reveals
Grubhub, America’s largest food ordering service is battling a lawsuit for allegedly taking commissions from restaurant owners for unexecuted orders and telephonic queries of customers.
Trump To Delay Auto Tariffs For Six More Months
The Trump administration will go slow on auto tariffs and may delay it until the end of this year. In the interim, talks with the trading partners will go on.
Lower Open Likely For US Markets, Oil Steady
Lower open likely for the U.S. markets Friday after key equity-index futures looked down in the morning.
Amid Trade Tensions, China Cuts US Debt Holdings To Lowest Level In 2 Years
Amidst soaring trade tensions with the U.S, China sold the maximum US debt holdings (Treasuries) during March. That was the highest volume of Treasuries sale recorded in more than two years.
Pinterest Stock Plunges 15% As Q1 Losses Three-Times Higher Than Expected
The shares of the social network Pinterest fell 15 percent Thursday soon after its first-quarter 2019 earnings report came out. It became a public company in April.
JP Morgan, Citigroup Among Banks Fined $1.2B For Currency Rigging
Antitrust regulators in the European Union acted against many erring banks for alleged currency fraud that involved fixing of spot foreign exchange. The EU slapped a total fine of $1.2 billion on Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland.
Tesla Model 3 Beats Alfa Romeo In a Drag Race [Video]
News of a Tesla Model 3 winning a drag race beating a sturdy Alfa Romeo SUV is viral now. In the race, The Alfa Romeo Stelvio Quadrifoglio’s racing pedigree did not help it from being humbled by the standard Tesla sedan.