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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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Russell Westbrook's mega-contract could impact his decision on future — Paul George

Twitter dwellers noticed and celebrated an interesting coincidence - that the Westbrook-Thunder deal was finalized on Durant's 29th birthday. Oklahoma City Thunder star Paul G...

Senior Audi engineer is arrested over diesel scandal

Since admitting to installing emissions-cheating software in 11 million diesel cars across the world, Europe's largest carmaker has been in talks with customers and governments ove...

Uber Rival Lyft Has Been Cosying up With London Transport Officials

The Sun newspaper reported past year that 32 sexual assault claims were made against Uber drivers in 2015/16, more than a fifth of all claims against taxi drivers filed to Brit...

Uber will No Longer be Allowed to Operate in London

While we haven't been asked to make any changes, we'd like to know what we can do. The ban will add to the cost of living in what is already the UK's most expensive city Speaking...

Tesla working with AMD to develop chip for self-driving car

GlobalFoundries, which fabricates chips, has a wafer supply agreement in place with AMD . Tesla is reportedly working on a chip to handle all the tasks needed to power the f...

Italian antitrust authority to investigate Ryanair over mass cancellations

He again apologised for the disruption, which he said was down to mismanagement of the pilots' rostering system. O'Leary told Ryanair's Annual General Meeting that it did not...

Flipkart Big Billion Days 2017 - All Offers & Latest Deals

Moreover, Front load washing machine from IFB is also available under Rs 20,000. Without any offer, the Honor 6X (Review) will be available at Rs. 11,999 and Rs. Another Micromax...

Toys R Us files for bankruptcy in the USA and Canada

The Canadian retailer said it's opening its 56th store in Orleans, Ont. Tuesday and plans to have locations open later this year in Sudbury, Ont., Langford, B.C., Fredericton, and ...

Millions of users infected after hackers hide backdoor in CCleaner

In a blog post , the company's VP of Products Paul Yung said that another one of it software products, CCleaner Cloud (version 1.07.3191), has also been affected. Hackers broke in...

Thousands of air passengers stranded in New Zealand after fuel pipeline bursts

Flights have been affected, with airlines told to fill plane tanks to capacity at other airports before flying to Auckland , and long-haul global flights told to plan for re-fuel...

Special Reports

Leishman backs up good start with a low score at BMW

Leishman backs up good start with a low score at BMW

Fowler got off on the right foot by sinking a 25-foot eagle putt on the opening hole, but mustered just one birdie the rest of the day. Jason Day holes out as he takes the lead...

FTC is investigating the Equifax breach

FTC is investigating the Equifax breach

The FTC said it's investigating Equifax's breach on Thursday. Equifax may not be the largest data breach ever in terms of the number of people affected, but it may be more sign...

Air Berlin cancels 100 flights after 200 pilots call in sick

Air Berlin cancels 100 flights after 200 pilots call in sick

Lufthansa's low cost subsidiary, Eurowings , which is renting aircraft and pilots from Air Berlin , also had to cancel flights. Passengers booked to travel on the cancelled se...

Tesla Extends EV Range For Hurricane Irma Evacuees

Tesla Extends EV Range For Hurricane Irma Evacuees

If 60kWh buyers found they needed more range and wanted to upgrade later, they could... or if Tesla wanted to suddenly bestow owners with some extra range in case of an emergency...

Equifax changes fine print for TrustedID Premier free credit monitoring

Equifax changes fine print for TrustedID Premier free credit monitoring

That detail, which has gotten a little overblown in its rounds on social media, has inspired nearly as much anger as the hack itself. "You need to take more action", one consume...