Tesla to break ground on Shanghai gigafactory today

As Bloomberg first reported, Tesla investors want to subpoena musician Claire Elise Boucher, a.k.a. Grimes, the rapper Azealia Banks , and several news outlets due to their potential knowledge about Musk's August tweet in which he said, "Am co... More..

by | Published 16 days ago
China slashes banks' reserve requirements again as growth slows
by | Monday, January 07, 2019

China slashes banks' reserve requirements again as growth slows

China slashed reserve requirements four times in 2018 to free up more funds for banks to lend and analysts expect three to four more cuts this year starting in the current quarter. "The Chinese economy continue...More..

Polestar 2 revealed for the first time in teaser image
by | Sunday, January 06, 2019

Polestar 2 revealed for the first time in teaser image

Few details are known about the Polestar 2 , but it is expected to have a driving range of around 400 kilometres. As is the case for the Polestar 1 , the second model will be available for puchase in a trad...More..

Apple Is the New Nokia, Analyst Warns
by | Sunday, January 06, 2019

Apple Is the New Nokia, Analyst Warns

The price gap is one reason Huawei surpassed Apple in smartphone sales from April through September a year ago to seize the number two spot behind industry leader Samsung , according to the research firm...More..

United Kingdom economy under pressure as Brexit deadline approaches
by | Sunday, January 06, 2019

United Kingdom economy under pressure as Brexit deadline approaches

The government resolved a budget dispute with the European Union in late December, after a months-long standoff that had sent bond yields surging. Additionally, panellists stated they had experienced improved...More..

Hundreds of Iowans freed from student loan debt
by | Sunday, January 06, 2019

Hundreds of Iowans freed from student loan debt

Career Education Corporation now offers primarily online courses through American InterContinental University and Colorado Technical University. The attorneys general alleged the company had "placed significa...More..

Man arrested after attacking female McDonald’s worker in a dispute over…a straw
by | Sunday, January 06, 2019

Man arrested after attacking female McDonald’s worker in a dispute over…a straw

This was a result of a St. Petersburg ordinance passed last month that mandated "plastic straws can be given only upon customer request"- an effort to increase the city's sustainability. Taylor apparently w...More..

BC housing market shows signs of moderation: assessment agency
by | Sunday, January 06, 2019

BC housing market shows signs of moderation: assessment agency

The benchmark price for a detached home was $1.479 million, down 7.8 per cent in a year. Anything below 12 per cent suggests falling prices ahead, REBGV says. In the Fraser Valley Real Estate Board's territor...More..

U.S. stocks rally after strong jobs data, dovish Fed comments
by | Sunday, January 06, 2019

U.S. stocks rally after strong jobs data, dovish Fed comments

Trump has complained that the Fed has pushed rates higher despite the fact that there is no evidence that inflation was getting out of control. Powell's willingness to be flexible on interest rates was welco...More..

Qualcomm coughs up £1.17bn to enforce iPhone ban in Germany
by | Saturday, January 05, 2019

Qualcomm coughs up £1.17bn to enforce iPhone ban in Germany

The ban also forces Apple to pull the infringing iPhone models from third-party German stores. Kai Ruting, a German legal counselor not engaged with the case, said the court arrange was coordinated at Apple s...More..

Giant tuna fetches record $3.1 million in auction at Japan´s new market
by | Saturday, January 05, 2019

Giant tuna fetches record $3.1 million in auction at Japan´s new market

This purchase more than doubles the last record he set of $1.76 million for a slightly smaller fish in 2013. Kimura has been a frequent visitor to the markets and for the past few years has been the victor of...More..

Weather Channel App Accused Of Selling Users' Personal Data
by | Saturday, January 05, 2019

Weather Channel App Accused Of Selling Users' Personal Data

The city attorneys of Los Angeles on Thursday sued the developer of the Weather Channel app for allegedly collecting, sharing and profiting from user location data without users' permission. In one case, user...More..

Local News Should you file your taxes during the government shutdown?
by | Saturday, January 05, 2019

Local News Should you file your taxes during the government shutdown?

Customers are asking how and when they should file their taxes, as the partial government shutdown continues. As the government shutdown enters another week, federal agencies like the IRS are feeling the effe...More..

Wall Street rallies on Powell comments, jobs report
by | Saturday, January 05, 2019

Wall Street rallies on Powell comments, jobs report

Asked if he would resign if Trump asked him to do so, Powell responded with a short "no". "No", the Fed chief replied succinctly. "With the muted inflation readings that we've seen, we will be patient as ...More..

Apple to Miss Sales Expectations, Dow takes a Hit
by | Saturday, January 05, 2019

Apple to Miss Sales Expectations, Dow takes a Hit

It made up about 60 percent of the company's revenue in the last quarter reported . Apple's stock price (AAPL ) climbed 94 percent from its close the day before Trump's inauguration through through Octobe...More..

5 takeaways from Apple's stark China warning
by | Friday, January 04, 2019

5 takeaways from Apple's stark China warning

The S&P 500 index plunged almost 2.5 percent and the tech-heavy Nasdaq lost more than three percent. The second largest economy is slowing, and could be a convenient excuse for companies missing forecasts, bu...More..

‘Apple sales should pick up when US China strike trade deal’
by | Friday, January 04, 2019

‘Apple sales should pick up when US China strike trade deal’

Jeffrey Gerrish, the USA deputy trade representative will lead the delegation travelling from Washington to China. Hassett said Asian economies including that of China have been slowing quite a bit since ...More..

Kentucky police 'mourn' after doughnut truck catches fire
by | Friday, January 04, 2019

Kentucky police 'mourn' after doughnut truck catches fire

The photos prompted other police forces across the USA to offer support. The fire's cause was unclear as of Monday. "Thank you", police said on Facebook. The Lake Dallas police shared a fun gif of a dog wipin...More..

RBI has reduced printing of Rs 2,000 notes to a minimum
by | Friday, January 04, 2019

RBI has reduced printing of Rs 2,000 notes to a minimum

In December 2018, banker Uday Kotak had said that the outcome of the controversial demonetisation drive would have been "significantly better" if "simple things" like introducing Rs 2,000 currency notes were av...More..

Apple shares tumble as firm blames sales slump on China slowdown
by | Friday, January 04, 2019

Apple shares tumble as firm blames sales slump on China slowdown

The tech giant says slowing sales in China are to blame, the news nearly immediately affected the markets in Europe and Asia. Peak Apple Apple shares were temporarily pulled from trading on Wednesday as t...More..

Oil falls towards $53 on economic worries, surging supply
by | Friday, January 04, 2019

Oil falls towards $53 on economic worries, surging supply

But at the same time, his sanctions on Iran's oil reduced supplies by at least a million barrels per day. Russian production hit a post-Soviet record in 2018, figures showed on Wednesday. "Do you think it's...More..

Water fountain at airport closed after six passengers fall ill on flight
by | Friday, January 04, 2019

Water fountain at airport closed after six passengers fall ill on flight

Cleveland Airport has turned off several water fountains for testing. City and airport officials "are working collaboratively to investigate all potential causes, including passenger activities before arrivi...More..

MI ranks 10th on list of most moved-from states
by | Friday, January 04, 2019

MI ranks 10th on list of most moved-from states

The Northeast and Midwest had high percentages of outbound moves. Kansas isn't alone with jobs being the key factor for moves to or from the state. On the flip side, more people moved to Vermont than any ...More..

Stocks try to round out 2018 with a big gain
by | Friday, January 04, 2019

Stocks try to round out 2018 with a big gain

The Nasdaq Composite Index rallied 50.76 points, or 0.77 percent, to 6635.28, Xinhua news agency reported. Amazon rose 28.4 percent, while Netflix jumped 39.4 percent. December was a particularly trying month...More..

Where do all of Quebec's forlorn Christmas trees go?
by | Friday, January 04, 2019

Where do all of Quebec's forlorn Christmas trees go?

After 25 years, I decided this year I needed a new artificial Christmas tree. Lapierre, also known as Ed the Security Guy, will begin picking up Christmas trees starting January 12. The one I have has served ...More..

Man Who Attack Black McDonald's Employee Arrested
by | Thursday, January 03, 2019

Man Who Attack Black McDonald's Employee Arrested

Taylor apparently walked to the counter to get a straw, but started screaming at the employees when he could not find any, as per ABC Action News on January 2. "He reached across and tried to grab her and hit...More..

Apple cuts outlook, sees 'challenges' in China, emerging markets
by | Thursday, January 03, 2019

Apple cuts outlook, sees 'challenges' in China, emerging markets

Mind you, decline for Apple means making a handful fewer billion this quarter than expected, but still, this is a clear sign that Apple's business model is shifting as the world stops buying so many iPhones. In...More..

Passengers scoop bargain premium seats after Cathay Pacific error
by | Thursday, January 03, 2019

Passengers scoop bargain premium seats after Cathay Pacific error

The tickets were accidentally sold in a promotional offer that ended on December 31, and now the airlines is caught in a pickle as it's not sure whether it'll honor the sales. Prices weren't available for Aug...More..

Tesla misses 4Q vehicle delivery estimates, slashes prices of all models
by | Wednesday, January 02, 2019

Tesla misses 4Q vehicle delivery estimates, slashes prices of all models

In fact, he sent out a separate tweet with a list of Tesla stores that would be open until midnight so they could get in just under the wire with their new purchase. Musk has been promoting the fact that the ...More..

Minimum Wages Rising In 20 States And Several Cities
by | Wednesday, January 02, 2019

Minimum Wages Rising In 20 States And Several Cities

The revised enforcement decree of the Minimum Wage Act takes effect starting Tuesday, following its approval by the Cabinet on Monday. The remaining 21 states use the federal minimum wage: Alabama, Georgia, I...More..