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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

China dings Medtronic over Taiwan reference

USA -based hotel corporation Marriott International, who categorized Chinese territories as countries in a mail questionnaire, was ordered to remove all related content from its w...

East Coast locked in wickedly cold weekend of subzero temps

By the time the storm reaches the ocean waters east of Long Island and eastern New England on Thursday, it will be explosively intensifying. Scattered fatalities were reported ,...

Price of gas up by 15 cents

The national average price for regular unleaded was $2.49, AAA said, down a half-cent over the week. In Rhode Island, gas is four cents above the national average of $2.49, whi...

Storm system brings snow, ice to Florida

Winter Storm Grayson caused small flurries to fall in the notoriously warm state, putting a total of 0.1 inches of snow on the ground, reports Time . The coating of white stuff ov...

Fired Engineer Says Google Discriminated Based on His 'Male Gender,' 'Caucasian Race'

Damore was sacked from Google, and while many people cheered this move, some conservative onlookers claimed the engineer actually had a legal case against the tech giant. Go...

China's Geely buying stake in Mack Trucks' parent company

They did not disclose the value of the transaction, which makes Geely Volvo's largest owner by capital and the second biggest by voting rights after investment firm Industrivarde...

Obama beats Trump in America's Most Admired Man poll

However, a quarter of those surveyed failed to name any man or woman who they admired, while 10% of people opted to nominate a friend or family member. Billy Graham, U.S. Sen. Wh...

Coinbase Investigates Insider Trading Following Launch Of Bitcoin Cash

In the meantime, Coinbase launched an internal probe of insider trading in the run-up to Tuesday's launch. As the announcement was published, the price of Bitcoin Cash spiked...

Give the Christmas Spirit at a Red Kettle Near You!

The 1 percent drop, however, compares favorably with the previous year, when donations declined by 10 percent. With one week left, The Salvation Army, is hoping Calgarians can co...

Introducing Snooze to Give You More Control Of Your News Feed

The new " Snooze' feature differs from the existing option to Unfollow because it allows you to see your friends posts again after 30 days, without manual interaction". Chamath Pa...

Special Reports

Starbucks Partners with Alibaba in Opening AR Roastery

Starbucks Partners with Alibaba in Opening AR Roastery

On Tuesday, Starbucks opened the 30,000-square-foot Starbucks Reserve Roastery Shanghai. Customers at this attractive outlet settled on the West Nanjing Road shopping strip, now c...

Uber Hack 'Raises Huge Concerns' With UK Data Regulator

Uber Hack 'Raises Huge Concerns' With UK Data Regulator

Uber's chief executive Dara Khosrowshahi (pictured) explained in a release that the hackers found 57 million names, email addresses and mobile phone numbers, in which around...

Sonia: 'Arrogant' govt has cast dark shadow on Parliamentary democracy

Sonia: 'Arrogant' govt has cast dark shadow on Parliamentary democracy

Assembly polls are due to be held in Gujarat in two phases on December 9 nd 14. "The government is forcefully trying to change history of modern India by erasing contributions...

Nearly 300 MS-13 Gang Members Arrested in Nationwide Bust

Nearly 300 MS-13 Gang Members Arrested in Nationwide Bust

Ninety-three of 214 arrestees are charged with federal or state criminal offenses and will face prison time in the United States, said Derek Benner, the deputy executive associat...

State's October unemployment rate down to 4.7 percent

State's October unemployment rate down to 4.7 percent

The statewide figures put Nebraska in good company among states with the country's lowest unemployment rates. But she adds not all communities and regions of the state are benefiti...