Monday March 30-th, 2020

Tesla Rival Gets $1.3 Billion Boost, Including Cash From Amazon Tesla Rival Gets $1.3 Billion Boost, Including Cash From Amazon

In September, e-commerce giant Amazon contracted the startup to produce 100,000 all-electric delivery vans over 10 years. The fresh funding, together with previous investments in the company announced this year, have helped assure that Rivia...

Tesla To Take $1.4 Billion Loan From Chinese Banks For Shanghai Factory Tesla To Take $1.4 Billion Loan From Chinese Banks For Shanghai Factory

These rates are reportedly offered by Chinese banks to their best clients. Tesla Gets $1.4 Billion Loan For Chinese Operation: Stock Hits $420.69 Chinese banks back Tesla's plans in China . The Chinese banks offered Tesla a 12-month facility o...

Saudis, Kuwait Agree to Resume Oil Output at Shared Fields Saudis, Kuwait Agree to Resume Oil Output at Shared Fields

Oil edges higher in light trading, but the rally was limited on news that Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border. Saudi Arabia and Kuwait have held a number of private meetings since 2015, at ...

US stocks end nearly flat after a shortened session US stocks end nearly flat after a shortened session

The Russell 2000 index of smaller company stocks fared better than the rest of the market, adding 3.87 points, or 0.2%, to 1,678.01. Gold futures gained 0.42%. Although at least one expert believes the market is now in a "silly season", others believ...

Tesla shares cross $420 mark after Musk's tweet Tesla shares cross $420 mark after Musk's tweet

It surpassed $420 more than a year after CEO Elon Musk said he had " funding secured " to take the company private at that share price in a tweet that led to a turbulent period for both Musk and Tesla. According to the settlement, all tweets fr...

Russian Federation successfully tests its 'sovereign internet' Russian Federation successfully tests its 'sovereign internet'

Roskomnadzor has begun to install tools in Internet service providers' networks allowing the agency to cut off Russian web traffic from the rest of the world in case of a cyber threat to the Runet as a whole. Bellow-controlled television channel Ross...

Woman admits to jeopardizing flight by trying to open door mid-air Woman admits to jeopardizing flight by trying to open door mid-air

Haines was a passenger on a Jet2 flight to Dalaman on the evening of Saturday, June 22, when she became verbally abusive to passengers and members of staff on board the aircraft. 'She is a troubled young person with a number of serious issues. Sevent...

Travis Kalanick leaving Uber board of directors Travis Kalanick leaving Uber board of directors

Uber turbocharged the gig economy and since 2010 has logged 15 billion trips. "Uber has been a part of my life for the past 10 years", Kalanick said in a statement. Kalanick called the accusations "abhorrent" and hired former U.S. Attorney General ...

Christmas stampede: Westfield shoppers crushed in balloon stunt Christmas stampede: Westfield shoppers crushed in balloon stunt

Five people had to be hospitalised because of injuries sustained during the chaos and a further 12 had to be treated at the scene. Inspector Phil Templeman said they were responding to reports that the balloon drop "caused a stamped of people to hu...

Low rates mean more babies, Bank of England says Low rates mean more babies, Bank of England says

Fergus Cumming and Lisa Dettling, the Bank of England researchers analysing the links between United Kingdom mortgage rates and births, published their findings in the paper: "Monetary policy and birth rates: the effect of mortgage rate pass-throug...

Canada: Q4 GDP growth to decelerate to around 1% annualize - NFB

Goods-producing industries posted a 0.5 per cent loss while service sectors were essentially unchanged. The result reflects an economy that has suddenly lost steam, and it is prompting some market watchers to wonder whether the Bank of Canada wil...

Holiday 2019: Store hours for December 23 and Christmas Eve Holiday 2019: Store hours for December 23 and Christmas Eve

It includes major attractions , movie theaters and events. Bridgewater Commons - 9 a.m. - 6 p.m. December 25: 8 a.m. t0 11 p.m. Cherry Hill Mall - 7 a.m. Lowe's: 6 a.m.to 6 p.m. CLOSED: Contemporary Arts Center, Hermann-Grima & Gallier Hi...

Oil declines but set for third weekly rise Oil declines but set for third weekly rise

The easing of tensions has improved business confidence and boosted the outlook for economic growth and energy demand. Volume of oil trade remained thin in the pre-Christmas wind down. Meanwhile, UBS lifted its oil price forecast for 2020, but al...

Spain's $2.43 billion El Gordo lottery spreads seasonal cheer Spain's $2.43 billion El Gordo lottery spreads seasonal cheer

The top prize per winning ticket is €400,000 (NZ$671,000) but there are many smaller prizes too. Pictured here is a Christmas lottery number seller putting tickets on display in Madrid, Spain, on Saturday ahead of the drawing Sunday. The rules of...

U.S. Steel says to lay off 1,545 workers in MI U.S. Steel says to lay off 1,545 workers in MI

Commerce Secretary Wilbur Ross said. Steel production at Great Lakes Works will stop around April 1 and the hot-strip mill rolling facility will cease operations before the end of next year, U.S. U.S. Steel's Zug Island facility has previously been...

Boeing fires CEO Dennis Muilenburg in boardroom shake-up 'to restore confidence' Boeing fires CEO Dennis Muilenburg in boardroom shake-up 'to restore confidence'

The board of directors said Monday, Dec. 23 that Muilenburg is stepping down immediately. The 737 Max was banned from flying in March 2019 following two devastating overseas crashes that left 346 dead. In October, the company replaced Kevin McAlli...

Two Carnival cruise ships collide at Mexican port Two Carnival cruise ships collide at Mexican port

The Carnival cruise ship damaged Friday in a collision with another Carnival vessel is on its way back to its home port in New Orleans, the cruise line said. In a statement, the company said: "Carnival Glory was maneuvering to dock when it made con...

China to cut tariffs on goods including pork, tech items China to cut tariffs on goods including pork, tech items

The tariff rate for frozen pork will be cut to 8 percent from the most-favoured nation duty of 12 percent, while the rate for frozen avocado will be reduced to 7 percent from the most-favoured nation duty of 30 percent, said the ministry in a state...

‘Super Saturday’ expected to be biggest shopping day of the year ‘Super Saturday’ expected to be biggest shopping day of the year

It's the last Saturday before Christmas, and it's time to get those gifts. Kelby Painter waited until Saturday morning to start her Christmas shopping. The mall is extending their hours for the holidays and will be open on Christmas Eve. The Nati...

Ripple secures $200 million in new funding Ripple secures $200 million in new funding

It seems that Ripple is quite confident that the next year will be an important period for digital assets and blockchain as they continue to emerge as main influences on the world's financial framework. Ripple also claims that the investment s...

Did you know the mind-blowing salary of Sundar Pichai? Details here Did you know the mind-blowing salary of Sundar Pichai? Details here

Google co-founders Larry Page and Sergey Brin made a decision to step down from their current positions in the parent company Alphabet earlier this month , making Sundar Pichai the CEO of both Google and Alphabet. Last year, he turned down a gra...

Stressed MSMEs will not be declared as NPAs, says FM Nirmala Sitharaman Stressed MSMEs will not be declared as NPAs, says FM Nirmala Sitharaman

According to the minister, major steps taken in the past few years make India stand out in the world and the industry is part of the change. Can India do it?. "A list of 50 realty projects have asked to be a part of the government's Alternative Inves...

LA County Jobless Rate Holds Steady in November LA County Jobless Rate Holds Steady in November

In San Luis Obispo County, the unemployment rate in November was 2.5 percent, up slightly from 2.4 percent in October. Compared to November 2018, the labor force participation rate is down two-tenths of a percentage point. "We are consistently seei...

Ford, Lincoln, and Mercury Sedans Recalled for Faulty Brakes Ford, Lincoln, and Mercury Sedans Recalled for Faulty Brakes

Ford says a valve that is normally closed inside the hydraulic control unit may get stuck in the open position or be slow to close, which could make it harder to engage the brakes and increase risk of a crash. The Ford reference number for this recal...

Dublin Airport expecting 1.2m passengers over Christmas Dublin Airport expecting 1.2m passengers over Christmas

Those were the sounds of the school choir that greeted travellers from far and wide who've made it home for the holidays. The new "SLC Airport Shuttle Tracker" app shows the location of the airport's economy parking lot shuttles with expected pickup ...

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