Tesla seeks wide investor pool to back its take-private plan

The Saudi investment fund approached Musk months ago to discuss acquiring a minority stake but was turned down as the company did not plan on issuing new shares at the time, a source close to the discussions told Bloomberg . The U.S. Securities an... More..

by | Published more than a month ago
by | Monday, August 13, 2018

Erdogan says US set deadline for pastor's release

His chief advisor and spokesperson Ibrahim Kalin pointed out more blatantly that the USA might lose Turkey for good. Similar to EUR/USD , global stocks also succumbed to losses as risk sentiment declined. "T...More..

Stats Canada labour survey show slight rise in Windsor jobless rate
by | Monday, August 13, 2018

Stats Canada labour survey show slight rise in Windsor jobless rate

Here at home, Prince Albert's unemployment rate took a steep climb, surging to its highest point in months and reaching 11.2 per cent. Canada unexpectedly added 54,100 jobs in July and the unemployment rate d...More..

Trade Desk soars to new 52-week high
by | Sunday, August 12, 2018

Trade Desk soars to new 52-week high

The company expects full-year revenue of $456 million. Institutional investors own 73.93% of the company's stock. Trade Desk opened at $91.37 on Thursday, Marketbeat Ratings reports. Adjusted for one-time...More..

Butlin's admits 34,000 guest records stolen in hack
by | Sunday, August 12, 2018

Butlin's admits 34,000 guest records stolen in hack

The hack was caused by a phishing attack via an unauthorised email. It said it is contacting people who may have been affected to let them know what has happened and what they should do. The chain says it h...More..

Worth Watching Stock Dropbox, Inc. (DBX)
by | Sunday, August 12, 2018

Worth Watching Stock Dropbox, Inc. (DBX)

Dropbox, Inc . (NASDAQ: DBX ) popped in on a low volume green day. (NYSE:WPM) is struggling to gain traction with investors, as evidenced by its 1.88 million shares volume. KeyCorp started coverage on shares of...More..

Nike Hit With Lawsuit for ‘Intentionally and Willfully’ Discriminating Against Women
by | Sunday, August 12, 2018

Nike Hit With Lawsuit for ‘Intentionally and Willfully’ Discriminating Against Women

The 40-page court document filed in Nike's home state of OR details the experiences of several senior executives who worked for the sporting goods manufacturer for many years, and are asking other women to join...More..

Seattle plane crash: Family of man who crashed stolen plane issue statement
by | Sunday, August 12, 2018

Seattle plane crash: Family of man who crashed stolen plane issue statement

But investigators said Saturday they still anticipate they will be able to recover data recorders from the aircraft. "If you're going to access the aircraft ... The plane, which PCSD identified as belonging to ...More..

ICO Licensing Rule In Thailand Attracts 20 Crypto Exchanges
by | Sunday, August 12, 2018

ICO Licensing Rule In Thailand Attracts 20 Crypto Exchanges

Th regulatory framework for ICOs and and businesses undertaking crypto-related activities took effect on July 16 after a royal decree on the topic was made public in May. However, before the SEC can grant l...More..

Turkey turmoil spills over to Wall Street, shaves 200 points off Dow
by | Sunday, August 12, 2018

Turkey turmoil spills over to Wall Street, shaves 200 points off Dow

The S&P technology index fell 0.8 per cent, with Intel down 2.6 per cent after Goldman Sachs downgraded the stock to "sell". Rite Aid (RAD.N) fell 11.5 percent after the drug store chain and USA grocer Albert...More..

United Kingdom economy accelerates in the 2nd quarter
by | Sunday, August 12, 2018

United Kingdom economy accelerates in the 2nd quarter

According to data published by the Office for National Statistics (ONS), the United Kingdom economy expanded 0.4 per cent in the second quarter, up from just 0.2 per cent at the start of the year. The ONS sai...More..

Hijacked Plane Stolen From Seattle Airport Crashes On Nearby Island
by | Sunday, August 12, 2018

Hijacked Plane Stolen From Seattle Airport Crashes On Nearby Island

I hope they can make it through this", he added. Video taken by a bystander showed the 76-seat plane making a big, slow loop-the-loop as F-15 fighter jets gave chase, then flying low over Puget Sound before c...More..

Sterling volatility continues over no deal Brexit fears
by | Sunday, August 12, 2018

Sterling volatility continues over no deal Brexit fears

Connor Campbell, financial analyst at SpreadEx, said: "The fears of a no-deal Brexit have really gathered steam in the last few sessions, a snowball effect stemming from Mark Carney and Liam Fox's warnings ei...More..

Japan Q2 GDP expands annualised 1.9 pct
by | Sunday, August 12, 2018

Japan Q2 GDP expands annualised 1.9 pct

The world's third largest economy grew at a 1.9 percent annual pace after contracting by 0.6 percent in January-March, the Cabinet Office said. That would follow a 0.6 percent annualised contraction in the prev...More..

Horizon Air worker accused of stealing, crashing plane had Alaska ties
by | Sunday, August 12, 2018

Horizon Air worker accused of stealing, crashing plane had Alaska ties

Richard Russell: "Nah, I mean I don't need that much help". The Pierce County Sheriff's Office said on Twitter that preliminary information suggested that a mechanic had stolen the aircraft. "Got a few screw...More..

by | Sunday, August 12, 2018

Plane crashes after airline employee’s solo ‘unauthorized takeoff’ from Seattle airport

Military jets had been scrambled to chase the plane, according to the Times. The airport made a simple response to the plane that was stolen by a lone employee, in a post on the Sea-Tac official Twitter a...More..

Mexico says it must finish NAFTA talks with US before Canada rejoins
by | Sunday, August 12, 2018

Mexico says it must finish NAFTA talks with US before Canada rejoins

They say they have not been part of the U.S. -Mexico talks over the past three weeks because those countries have complex bilateral issues to resolve. After a second day of meetings with U.S. Trade Representati...More..

News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise
by | Sunday, August 12, 2018

News Corp worldwide reports $1.4bn net loss, but paid subscriptions rise

The Rupert Murdoch owned company said the loss was skewed by non-cash write downs, comprised of $998m related to the consolidation of Foxtel and Fox Sports Australia. Robert Thomson , CEO of News Corp, descri...More..

Hydrogen fuel breakthrough in Queensland Can Influence Exports
by | Saturday, August 11, 2018

Hydrogen fuel breakthrough in Queensland Can Influence Exports

Expectations are high for the technology and its future industries after the CSIRO demonstrated the operation of a Toyota Mirai and Hyundai Nexo after they were successfully refuelled with ultra-high purity...More..

Crocs to close all its manufacturing facilities; CFO resigning
by | Saturday, August 11, 2018

Crocs to close all its manufacturing facilities; CFO resigning

The company has not said how it will continue to produce its products. She plans to leave Croc Inc.by April 1, 2019. During our second quarter earnings announcement Tuesday, we shared that revenues and gr...More..

Changes to ICBC premiums would see bad drivers pay more
by | Saturday, August 11, 2018

Changes to ICBC premiums would see bad drivers pay more

If approved, premiums would be calculated based on years of driving experience, number of at-fault crashes for all drivers using the vehicle, rate class (how the vehicle is used) and territory (where the driver...More..

Islamic State Muslim Convert Pleads Guilty to London Disney Store Massacre Plot
by | Saturday, August 11, 2018

Islamic State Muslim Convert Pleads Guilty to London Disney Store Massacre Plot

It also had videos in which Ludlow called himself "the Eagle", and spoke of his hatred of non-believers. Ludlow hatched the sick plot after he was blocked from joining with ISIS members in the Philippines. em...More..

US Announces Latest China Tariffs
by | Saturday, August 11, 2018

US Announces Latest China Tariffs

China announces it will hit the United States with tariffs on $60 billion of USA exports covering 5,200 products in response to Trump's decision to raise the tariff. The list of products subject to duties, whi...More..

Lawsuits accuse Tesla's Musk of fraud over tweets, proposal to go private
by | Saturday, August 11, 2018

Lawsuits accuse Tesla's Musk of fraud over tweets, proposal to go private

He then took to Twitter to mock them. His lawsuit , and another filed by William Chamberlain, accuse Mr Musk and Tesla of violating federal securities laws and artificially inflating Tesla's share price....More..

by | Saturday, August 11, 2018

Trump praises Mexico, threatens Canada with auto tariffs via Twitter

The president tweeted that an agreement with Mexico "is coming along nicely". Trump added that Canada "must wait" to rejoin the NAFTA talks. The issues the two countries are hammering out include what per...More..

Erdogan tells Turks to buy plunging lira as Trump turns the screws
by | Saturday, August 11, 2018

Erdogan tells Turks to buy plunging lira as Trump turns the screws

This week, the Turkish lira has fallen 23% against the dollar, losing almost a quarter of its value. The central bank, officially independent, appears to have heeded Erdogan and has not raised rates when ...More..

Geely mulls US$1.9b revival plan for Lotus cars
by | Saturday, August 11, 2018

Geely mulls US$1.9b revival plan for Lotus cars

Also allegedly on Geely's radar is a Lotus plant in its home country of China . The ideas, apparently sent to Bloomberg and picked up by Autocar , include upping its current 51% stake in Lotus , creati...More..

Tesla shares fall 5% on Wall St. skepticism, SEC probe reports
by | Saturday, August 11, 2018

Tesla shares fall 5% on Wall St. skepticism, SEC probe reports

For years SpaceX has run an internal stock market for employees and other shareholders, allowing it to remain closely held. It took about two hours before Tesla posted a Musk email to company employees ...More..

Crocs shakeup includes closing some retail stores
by | Saturday, August 11, 2018

Crocs shakeup includes closing some retail stores

CFO Carrie Teffner will resign from her position this month, effectively leaving the company as on 1 April 2019, and will be replaced by Anne Mehlman, now of Zappos.com (a shoe retailed owned by Amazon). The co...More..

by | Saturday, August 11, 2018

"Deal with is Mexico Coming Along Nicely...Canada Must Wait".

But he threatened Canada with auto tariffs if the USA and Canada can't forge a deal. It is Canada that has proven the stumbling block in renegotiating NAFTA. In response, Canadian officials announced "dollar fo...More..