Wednesday December 12-th, 2018

Snapchat loses three million users in three months Snapchat loses three million users in three months

Snapchat's controversial redesign has sent users running for the exits. Shares in Snap were flat in after-hours trading following volatility that saw them fall briefly before surging more than 12 percent. The earnings report didn't have any spec...

Tesla Inc: Elon Musk says he's considering taking car-maker private Tesla Inc: Elon Musk says he's considering taking car-maker private

Funding secured ", Musk wrote in his first tweet, following up with "good morning" and a smiley emoji. Reuters reported the stake was "at just below 5 percent". "The short position is the best thing the stock has going for it. "Musk vs The Shorts" ...

Premier Doug Ford announces buck-a-beer launching in Ontario this month Premier Doug Ford announces buck-a-beer launching in Ontario this month

It was one of Mr. Ford's signature campaign promises during the spring election, and on Tuesday the Ford government announced it was going ahead with a plan to lower the minimum price of a bottle or can of beer to $1 from the current $1.25.

Are Institutions Putting Their Stamp of Approval On Tesla, Inc. (NASDAQ:TSLA)? Are Institutions Putting Their Stamp of Approval On Tesla, Inc. (NASDAQ:TSLA)?

Arrow Financial Corp sold 6,018 shares as Tesla Inc ( TSLA)'s stock declined 21.98%. Tesla, Inc . has its outstanding Shares of 176.4 Million. Some investors may watch sell-side targets very closely and use the information to help with their ow...

Fetus found on plane from Charlotte to NY Fetus found on plane from Charlotte to NY

While removing the toilet paper, the cleaner discovered the foot of what appeared to be a fetus, in the toilet, CBS News reports. The flight, AA-1942, left the Queen City just before 9 p.m. "The OCME can confirm we're investigating what we believe ...

Elon Musk considers taking Tesla private as stock jumps

The company had a market value of $58bn as of Monday's close. Musk owns approximately 20 percent of those outstanding shares, which would lower the price tag a bit, but it would still be pretty hefty. "Am considering taking Tesla private at $420". ...

Facebook might add your banking info to Messenger Facebook might add your banking info to Messenger

While banks are keen to be more innovative and offer customers ways to transact on their phones, in this instance they were too concerned about Facebook's ability to keep sensitive customer data private. ( JPM ), Wells Fargo & Co. Facebook acknowle...

China Plans Tariffs on $60 Billion of Imports to Counter Trump China Plans Tariffs on $60 Billion of Imports to Counter Trump

Trump's desire for others to play along with his drama is "wishful thinking", a commentary on the paper's front page said, arguing that the United States had escalated trade friction with China and turned worldwide trade into a "zero-sum game".

TMZ: NASCAR CEO Brian France arrested for DUI in NY TMZ: NASCAR CEO Brian France arrested for DUI in NY

As law enforcement communicated with him, they became suspicious that he was intoxicated and had him undergo a field sobriety test, which he reportedly failed. NASCAR CEO and Chairman Brian Z. France was arrested Sunday while allegedly driving under...

5 killed when small plane crashes in California parking lot 5 killed when small plane crashes in California parking lot

Photos of the incident show the plane's debris scattered among the palms that surround the parking space. The Orange County Fire Department said the plane's engine cut out before it could make it to the airport. "It actually came down in front of u...

PepsiCo CEO Indra Nooyi to step down, Ramon Laguarta to succeed PepsiCo CEO Indra Nooyi to step down, Ramon Laguarta to succeed

Nooyi , who was born in India, is a rarity on Wall Street as a woman and a minority leading a Fortune 100 company. She pushed PepsiCo far beyond its cola roots, expanding into hummus, kombucha and other healthier products with mixed results.

FCA complains against Mahindra over Roxor - Jeep similarity FCA complains against Mahindra over Roxor - Jeep similarity

Mahindra claims that FCA's case to ban the Roxor's import into the U.S. is without any merit as the SUV has been derived from Mahindra vehicles sold in markets, where FCA's own automobiles are sold. "Our actions, products, and product distribution (i...

Trade War: Trump says tariffs are working

Trump's desire for others to play along with his drama is "wishful thinking", a commentary on the paper's front page said, arguing that the United States had escalated trade friction with China and turned worldwide trade into a "zero-sum game".

Oil rallies on expectation inventories will drop Oil rallies on expectation inventories will drop

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018. In the statement on Wednesday, a day ahead of monthly oil and gas output data publication, Novak said that Russian Federation was pumping on...

US trade deficit widens by $46.3 billion in June US trade deficit widens by $46.3 billion in June

The report also showed the merchandise trade gap with China , the world's second-biggest economy, was little changed in June at $32.5 billion after May's $32 billion. According to National Bank of Canada's analyst Kyle Dahms, goods trade likely co...

Oil prices decline amid rising output Oil prices decline amid rising output

According to a report from the U.S. Energy Information Administration, U.S. crude oil inventories rose by 3.8 barrels last week. US crude oil production for the month of May stood at 10.442 million bpd, compared to 10.472 million bpd in April.

Ryanair's Irish pilots stage fourth day of strikes Ryanair's Irish pilots stage fourth day of strikes

Trade union Forsa, which represents the pilots, hit out at the airline company following the warning. On Thursday, pilots warned there would be a fifth day of strikes on August 10, when the airline's Belgian and Swedish pilots will also be on str...

US Economy Adds 157K Jobs In July, Unemployment Rate Drops To 3.9% US Economy Adds 157K Jobs In July, Unemployment Rate Drops To 3.9%

The gain was the lowest since March, though it still dropped the unemployment rate to 3.9% from 4%, or roughly the lowest in half a century. With revisions, job gains have averaged 224,000 a month over the past three months. In a VOA interview via ...

Crude Price Suffers Over US-China Trade War Crude Price Suffers Over US-China Trade War

In return, Iran agreed to scale back its nuclear program. As an original signatory, the U.S. also pledged to waive secondary sanctions as long as Iran continued to abide by the deap. In June, the U.S. state department said that countries buying oil...

Foodora stops food delivery services in Australia to focus on other areas Foodora stops food delivery services in Australia to focus on other areas

Foodora has been a part of the Australian market since 2015. "We wish to express our gratitude to all of our customers, contractors and employees for their dedication to foodora Australia, and for allowing us to be a part of their everyday", s...

CDC Report: Hundreds Ill From Parasite In McD Salads CDC Report: Hundreds Ill From Parasite In McD Salads

Symptoms include diarrhea, vomiting, fever and body aches and can last anywhere from several days to a few months. An unused package of Fresh Express salad mix, which is used to make McDonald's salads , tested positive for cyclospora , according ...

Philip Day mooted for House of Fraser takeover bid Philip Day mooted for House of Fraser takeover bid

House of Fraser yesterday (1 August) acknowledged the decision by C.banner to pull out of the deal and said it was now "in discussions with alternative investors" and is "exploring options to obtain the required investment on the same timetable".

Conor is back: UFC says McGregor will fight Oct. 6 in Vegas Conor is back: UFC says McGregor will fight Oct. 6 in Vegas

McGregor won titles in Cage Warriors, transitioned into premier cage-fighting firm UFC, and continued to trounce his opponents. Conor McGregor will finally make his long awaited Octagon return as he takes on newly-crowned lightweight champion and...

The heat wave goes on ... and on The heat wave goes on ... and on

Portugal's Civil Protection agency reported 426 firefighters were putting out or checking fire alerts in the north and centre. Met Office forecaster Bonnie Diamond added: 'The intensity and duration of the heat in Spain and Portugal will likely h...

Feds mull competitiveness changes this fall, after easing carbon tax thresholds Feds mull competitiveness changes this fall, after easing carbon tax thresholds

The government says other sectors may see adjustments to their greenhouse gas output measures, depending on further review of the impact of carbon pricing on their domestic and worldwide competitiveness, with revised draft standards expected by fall....

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