Tuesday August 20-th, 2019

Federal rebates for electric cars kick in with increased price limit Federal rebates for electric cars kick in with increased price limit

The mercurial CEO of Tesla was asked if the Roadster will have a range of 620 miles, to which he responded that it will over 1,000km. The said figure is for an ideal condition without using full throttle. While the pricing is higher than expected d...

U.S. stocks close higher; Alphabet falls U.S. stocks close higher; Alphabet falls

Petersburg, Florida. Big gains for banks led the way on hopes for bigger profits from making loans, but losses for high dividend stocks held indexes in check. U.S. Treasury yields rose in the wake of the consumer spending data, while the dollar slipp...

Beto O’Rourke’s $5 Trillion Climate Plan Beto O’Rourke’s $5 Trillion Climate Plan

Though O'Rourke's plan does not include some of the more sweeping social programs of the Green New Deal , such as a jobs guarantee for every American, it is more specific in its spending prescriptions. Those middle two points are by the far the most...

Family of California man killed in Tesla crash sue automaker Family of California man killed in Tesla crash sue automaker

In a statement early Wednesday, the family alleges that Autopilot was at fault. In a statement announcing the lawsuit , the family's lawyer, B. Mark Fong accused Tesla of "beta testing its Autopilot software on live drivers". Caltrans said it does...

Growth in China's services activity slows in April-official PMI Growth in China's services activity slows in April-official PMI

A private-sector survey was no better with the Caixin PMI easing to 50.2 in March, from 50.8. In the first quarter, the world's second economy recorded a growth of 6.4 percent, stable compared to the previous quarter. Although slightly down from 50.5...

Iran's Rouhani says U.S. oil sanctions will fail in practice Iran's Rouhani says U.S. oil sanctions will fail in practice

These countries which he did not name were trying to signal to the world that "there would be no problem facing global supplies as Iranian oil goes off the market". Prices closed $0.41 higher at $63.91/bbl on Tuesday. Harry Tchilinguirian , strate...

Marriott to expand into luxury home-sharing Marriott to expand into luxury home-sharing

Bookings with Homes & Villas will be part of Marriott's Bonvoy points program, which could inspire loyalty amongst customers. An Accor spokeswoman said the company is "continuing its work to turn onefinestay around, primarily through rationalizatio...

Burger King parent Restaurant Brands misses profit expectations, sales were in line Burger King parent Restaurant Brands misses profit expectations, sales were in line

After 33 years, Tim Hortons' parent company Restaurant Brands International has made a decision to reboot the contest in order to help boost sales. Analysts had projected growth of 1.9 per cent, according to Consensus Metrix. "Overall, we are confide...

Ford app adds in-vehicle Amazon delivery Ford app adds in-vehicle Amazon delivery

For now, the service is only available in 50 U.S. cities, and you'll have to park your vehicle within two blocks of the delivery address in a publicly accessible area. Its newest infotainment systems are equipped with the Ford+Alexa app that lets own...

Former Google execs Eric Schmidt, Diane Greene to leave board Former Google execs Eric Schmidt, Diane Greene to leave board

Schmidt was also elected to Apple's board of directors from 2006 to 2009 and famously remained on Apple's board as Google worked on its iPhone competitor. "Onward for me as Technical Advisor to coach Alphabet and Google businesses/tech, plus teachi...

Warren Buffett's Berkshire to invest $10 billion in Occidental for Anadarko buy Warren Buffett's Berkshire to invest $10 billion in Occidental for Anadarko buy

Occidental's smaller size and financial resources make its offer riskier for Anadarko shareholders than the US$33 billion proposal from Chevron. She had been pursuing Anadarko for two years and was in what she considered to be friendly negotiations, ...

With inflation tame, US consumer spending surges 0.9% in March With inflation tame, US consumer spending surges 0.9% in March

The slight 0.1 percent rise in incomes in March followed a modest 0.2 percent rise in February and a 0.1 percent decline in January. When these volatile categories are stripped out, the "core" PCE price index was flat in the month, and knocked the ...

Scams cost Australians half a billion dollars Scams cost Australians half a billion dollars

This resulted in increased losses for "remote access scams" in 2018 making it the fourth scam by reported loss. Ransomware and malware saw a 1.3 per cent decrease in reports however it still received 4,356 reports with $151,195 lost. "To avoid the ...

JLR to make Land Rover Defender in Slovakia, rather than UK JLR to make Land Rover Defender in Slovakia, rather than UK

A Defender prototype wearing a unique camouflage will experience life at the Borana Conservancy as part of Land Rover's 15-year partnership with Tusk Trust . In new behind-the-scenes development shots, the upcoming off-roader is shown in far diffe...

Huawei P30 Seller Vodafone, Finds Hidden Backdoor In Huawei Software Huawei P30 Seller Vodafone, Finds Hidden Backdoor In Huawei Software

Vodafone has denied a report saying issues found in equipment supplied to it by Huawei in Italy in 2011 and 2012 could have allowed unauthorised access to its fixed-line network there. "There is absolutely no truth in the suggestion that Huawei con...

Venezuela crisis: Maduro claims VICTORY over coup plotters - ‘They MUST surrender' Venezuela crisis: Maduro claims VICTORY over coup plotters - ‘They MUST surrender'

Guaido called for a military uprising, named Operacion Libertad, against socialist dictator Nicholas Maduro on Tuesday. Guaido's choice of International Workers' Day for a major march comes as he is making appeals to union leaders and public worker...

Fiat Chrysler picks Google, Samsung for global connected vehicle system Fiat Chrysler picks Google, Samsung for global connected vehicle system

FCA said it will use the Harman Ignite cloud-based platform to deliver a full array of connected services to drivers. The system will also be able to interact with future smart cities' infrastructure, as well as household devices using Samsung's "S...

Toyota to build Lexus SUV in Cambridge plant starting in 2022 Toyota to build Lexus SUV in Cambridge plant starting in 2022

A Toyota Canada spokesperson declined to be more specific about the announcement. "As the compact luxury SUV market continues to grow, building the NX in North America allows us to better serve our customers and dealers". Prime Minister Justin Trud...

Trump's candidate for Fed under fire for comments on women Trump's candidate for Fed under fire for comments on women

Hoover asked Moore about past comments that were neither appropriate at the time nor have aged well. He has apologized in recent days for some of his past remarks about women, explaining that some were attempts at humor. But the withdrawal of one p...

Iran designates all US troops in Middle East as terrorists Iran designates all US troops in Middle East as terrorists

The Islamic Republic will never let the United States carry out the "wrong" decision to drive oil exports down to zero, the president underlined, saying Washington is going to realize within the next months that Iran will be continuing to export crud...

Smart Pulls Plug On Electric Car Plans In U.S. & Canada Smart Pulls Plug On Electric Car Plans In U.S. & Canada

Car2Go had purchased its vehicles separately from the parent company-including some gasoline models after the brand went all-electric at the retail level-although it has been transitioning away from using Smart vehicles in favor of Mercedes-Benz mo...

Good Trump economy troubles Democrats Good Trump economy troubles Democrats

To see more, visit WAMU 88.5 . President Donald Trump called the country's thriving economy "the talk of the world" and potentially "stronger than it has ever been", wishing his Twitter followers "Happy Easter!". But the USA economy bounced back, ...

Alleged Huawei router 'backdoor' is standard networking tool, says firm Alleged Huawei router 'backdoor' is standard networking tool, says firm

Apparently some in Vodafone had concerns about the security of Huawei routers from the start and flagged a bunch of bugs up, the most critical of which was a " telnet " service that allows remote access. His comments yesterday came after media report...

McDonald's piles on the bacon in bid to boost sales - and wins McDonald's piles on the bacon in bid to boost sales - and wins

Bacon was a big driver. Revenues declined 4% to just under $5 billion, though without foreign currency translation McDonald's revenue and net income would have increased 2%. The Chicago-based company said it's also seeing gains as USA stores come b...

Trump's Fed pick defends record, regrets some past writings Trump's Fed pick defends record, regrets some past writings

Moore has made uncomfortable comments about women more recently, including saying in 2012 that the best part about working at Fox News Channel "is I have met a lot of handsome women", and in 2014, when he argued that women earning more than men "coul...

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