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Tesla Sales Falling Flat Clouds Outlook for Musk's Bold Targets

The Tesla Model 3 is unlikely to experience delays in deliveries that were due to production issues with the battery packs. The Tesla Model 3 will be priced at $35,000. On Wednesday, Goldman Sachs cut its six-month price target on Tesla t...

Qatar's diplomatic crisis is sapping confidence in its state finances

Following the foreign ministers' meeting in Cairo , the quartet of blockading countries appear to be poised to implement further sanctions that could force other countries and companies to have to chose between doing business with them, or with Qat...

Vantiv, Worldpay Agree on Key Points of Potential Merger

The deal values Worldpay shares at £3.80 each plus a 5p dividend, a 20.7 per cent premium above their closing price on 29 June. Total digital payment transactions outside of conventional providers such as banks stands to be worth roughly $740 billi...

Rite Aid Corp (NYSE:RAD)

We've updated our RAD accretion estimates as a result of the new merger deadline of July 31st and we now estimate that the $1 billion synergy opportunity translates to $0.47 in EPS accretion by fiscal 2020, or 7% EPS accretion. The stock now has an...

Major global companies hit by cyber attacks

British firm WPP - which is the biggest advertising group on the planet - says its computer networks in several locations are affected. The government today said it has initiated proactive measures and is keeping a close vigil on the ransomware ...

Spithill skippers Oracle to 1st win in America's Cup

DEFENDING champion Oracle Team USA clawed its way back into the America's Cup on Saturday with a much-needed win over Emirates Team New Zealand to reduce its deficit to 1-4 in the first-to-seven final. He crossed ahead on the third leg. "That...

Trump organization ends management of Toronto tower

Trump Hotels and JCF Capital, which has owned the building since late 2016, announced Tuesday that they were ending their contract. The building and another one elsewhere in Vancouver, British Columbia, have become popular gathering spots to prote...

Wounded Rep. Steve Scalise out of intensive care

He was near death when he arrived at the hospital and remained in critical condition into this week. Doctors say Congressman Scalise is in fair condition and is in the process of healing and rehabilitation. Hodgskinson, was fatally shot by o...

Hedge fund star Dan Loeb bets $3.5 billion on Nestle

It said in the letter that it has already had productive conversations with Nestle management. Food companies are under pressure to reduce costs, after Kraft Heinz Co.'s unsuccessful bid for Unilever earlier this year showed that even the large...

Altice USA Prices Offering at $30 Per Share

The IPO is part of a USA offensive by Drahi and Altice, which operates cable and broadband in 21 U.S. states and competes against American rivals such as Verizon and Comcast. Altice's IPO comes close on heels of another offering by cable company ...

Biggest US banks clear first hurdle in Fed's annual stress tests

Overall, officials found that in the most severe scenario, companies would have suffered about US$383 billion in losses on loans. Passing the stress test does not necessarily mean a lender will pass the CCAR as the PhDs at the Fed can approve or flun...

Millions of detailed voter records found unprotected on the internet

A California-based cybersecurity firm found a database of almost 200 million American voters - along with their preferences and modeling data - left unsecured on an Amazon cloud server by data contractors working on Donald Trump's 2016 presid...

Uber board member apologies for remark about talkative women

After fellow board member Arianna Huffington said the presence of a woman on the board was likely to attract other females, Bonderman remarked that it actually meant "more talking", according to a person who heard the exchange. Therefore, I have ch...

Uber Board Said To Be Considering Leave Of Absence For Kalanick

The board met on Sunday to talk about changes regarding the company's management structure. An Uber spokesman had no comment. By taking on entrenched taxi companies and regulators around the world, Uber has developed a win-at-any-cost reputat...

$3.8 billion Dakota Access oil pipeline begins service

ETP maintains it didn't intentionally do anything wrong in either case. Regulators decided during a Wednesday meeting to hold hearings in either July or August. "This pipeline became operational today, yet it has already leaked at least three time...

British PM, rival face angry voters as election nears

LABOUR will create one million decent jobs and build an economy where the whole country shares its wealth, Jeremy Corbyn pledged yesterday. Corbyn is a far-left politician with pro-Palestinian sympathies who, critics say, has failed to address hate s...

United States unemployment rate dips to 4.3 percent

This also suggests that the jobs market is fairly tight right now and that employers are not feeling pressure to increase either wages or the workweek significantly in order to prevent workers from leaving for greener pastures. The figures from Ameri...

All-Star promise: Subban says Preds will win Game 3 vs. Pens

Through two games in the Stanley Cup Final, Rinne and the Nashville Predators' first trip to the Final, Pekka has been the reason the Predators have lost two straight for the first time in this 2017 postseason. Rinne is a three-time Vezina Trop...

China will stick to Paris climate deal

That's what the top House Democrat is calling President Donald Trump's expected decision to pull the USA from a historic climate agreement. The US administration under Trump - who once called climate change a "hoax" - has resisted intense pre...

Schapelle Corby arrives in Australia after last-minute flight change to avoid media

She was taken in a convoy from her Bali villa to the airport, to catch a flight to Brisbane . " Schapelle Corby's name has been famous for 12 or 13 years, she's a brand, there's no doubt about it". She bid farewell to Bali with a photo of her...

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Breaking News

"One Is To One": Mamata Banerjee's Template For 2019 General Elections

By the time she ended her rounds for the day, the Trinamool Congress chief said the Mayawati-Akhilesh Yadav format could be replicated in many other states. "Delhi is a part of Ind...

Jaguar and Waymo announce self driving auto deal and driverless I-Pace

Companies planning to launch driverless car services generally supplement existing hardware on vehicles supplied by auto makers with their own self-driving technology. Waymo CEO ...

Nearly 100 jobs to go in Toys R Us distribution hub closure

Retail Group, and Party City Holdco Inc., which often open pop-up stores around the Halloween season and fill their stores with Halloween gear, toys and props. "I am very disappoin...

Powell marks start of Fed tenure with rate rise

There were no dissents to the vote to raise rates. Americans with credit card debt are especially vulnerable to rising interest rates. The central bank continues to project three r...

Amazon to buy Toys R Us?

Shoppers visiting the soon-to-close Toys R Us store in Johnson City may have been surprised to see signs indicating the business was hiring. In February began going-out-of-business...

Dog bound for Kansas ends up in Japan

The Kansas breeder said her French bulldog Tilley will get some extra hugs tonight. A flight attendant, anxious that the carrier did not fit under the seat, instructed the owners ...

Trump 'On the Same Wavelength' as Mike Pompeo on North Korea

Tillerson had visited Nigeria on the last leg of his official visits to Africa, and met President Muhammadu Buhari, during which they discussed issues of mutual interest to both c...

Fake news travels six times faster than the truth on Twitter

The final statistics show that it took "the truth about six times as long as falsehood to reach 1500 people and 20 times as long as falsehood" to "cascade", or spread new inf...

Goldman CEO Blankfein to step down as soon as year-end

Lloyd Blankfein could step down as Goldman Sachs Group Inc (GS.N) chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focu...

Allscripts Launches EHR-Integrated Lyft Transportation Service

The ride cost for the patients will be covered by the health care providers. With it, businesses can schedule rides for individuals. In the previous year alone, 3.6 million peop...

Special Reports

United tried to replace bonuses with a $100000 lottery

United tried to replace bonuses with a $100000 lottery

United Airlines appears to have had a change of heart about its decision to replace quarterly employee bonuses with a lottery system . A new staff bonus reward program implemen...

Amazon Could Soon Offer Checking Accounts

Amazon Could Soon Offer Checking Accounts

That JPMorgan Chase & Co.is seemingly among the first banks Amazon has approached about the project is most likely no coincidence. Sie Soheili, a spokesman for Capital One, and...

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

CFIUS asked Qualcomm to delay the Broadcom takeover vote which was supposed to happen on Tuesday. Qualcomm's shares fell 4 percent in trading before the bell. "It is critic...

Gold plunges Rs 460 on weak global cues, fall in demand

Gold plunges Rs 460 on weak global cues, fall in demand

The S&P 500 lost 36.16 points, or 1.33 percent, to 2,677.67 and the Nasdaq Composite dropped 92.45 points, or 1.27 percent, to 7,180.56. But stocks mounted a huge rebound, clawing ...

Crude export disruptions from key terminal after Libyan oil field production halt

Crude export disruptions from key terminal after Libyan oil field production halt

Brent crude rose 20 cents to $67.51 per barrel and US West Texas Intermediate futures had climbed 41 cents as of 11:35 a.m. EST, with both contracts reaching their highest increa...