Business

Tesla chart shows plunge, surge related to SEC lawsuit

Tesla chart shows plunge, surge related to SEC lawsuit

According to the SEC, "no disclosure controls or procedures" were put in place "to determine whether Musk's tweets contained information required to be disclosed in Tesla's SEC filings". "The real w...

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Amazon vows to be advocate for better pay in US

What's more, Amazon (amzn)-the second-largest private-sector employer in the US -is now lobbying the government to increase the federally-mandated minimum wage, set nine years ago, from $7.25 an hour....

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President Trump announces new trade deal with Mexico, Canada

President Trump announces new trade deal with Mexico, Canada

Canada is Ohio's largest trading partner, and OH is a shipping point for many American goods exported to Canada. But the US and Canada had trouble dealing with other areas in the pact, including Ca...

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Fuel price hiked again, LPG to cost Rs 502.4 per cylinder

Fuel price hiked again, LPG to cost Rs 502.4 per cylinder

Among the other cities, a litre of petrol costs Rs 85.65 in Kolkata , Rs 87.18 in Chennai , Rs77.34 in Panjim. In tandem with petrol, cost of diesel also rose to hit new highs on Monday. The price...

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Tesla shares soar 16% after Elon Musk settles fraud lawsuit with regulator

Tesla shares soar 16% after Elon Musk settles fraud lawsuit with regulator

According to a report, Elon Musk has resigned as the chairman of Tesla . The shares rose by as much as 17.2 per cent in early trading to make up the ground they lost last Friday, the day after th...

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GE Stock Soars After CEO John Flannery Unexpectedly Ousted

Last week, GE shares reached a nine-year low following a 10 percent drop after news of a glitch in new power-plant turbine technology that temporarily shut two electricity plants in Texas. GE, however...

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California Governor Signs Net Neutrality Bill, FCC Calls It ‘Illegal’

California Governor Signs Net Neutrality Bill, FCC Calls It ‘Illegal’

It prohibits internet providers from blocking or slowing data based on content or from favoring websites or video streams from companies that pay extra. They have proven enormously popular in the mark...

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Facebook Discovers Security Issue Affecting Almost 50 Million Accounts

Facebook Discovers Security Issue Affecting Almost 50 Million Accounts

Even as Facebook struggles to deal with a fresh data breach that affected almost 50 million of its users, Google's video streaming platform YouTube continues to host tutorials that claim to ...

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Elon Musk Resigns as Chairman; Order to Pay $20 Million Fine

Elon Musk Resigns as Chairman; Order to Pay $20 Million Fine

The settlement will require the billionaire to relinquish his role as chairman for at least three years, but he will able to remain as chief executive. The agreement eases pressure on Tesla's emba...

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Facebook announces security breach affecting 50 million accounts

Facebook announces security breach affecting 50 million accounts

The attackers used this issue to steal " access tokens ", which keep people logged into their account. The vulnerability has been fixed and law enforcement was informed, the company said. "In addition...

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Ryanair Cancels Flights As Strike Hits Europe

Ryanair Cancels Flights As Strike Hits Europe

The action in some of Ryanair's largest markets will be its second biggest one-day strike after some 55,000 customers were affected in August when pilots in five European countries walked out at the...

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Canada, US agree to NAFTA replacement that includes Mexico

Canada, US agree to NAFTA replacement that includes Mexico

Trump, who has already imposed tariffs on Canadian steel and aluminum, has also repeatedly threatened to impose even more crippling levies on auto imports if a deal can't get done. Earlier Sunday, one...

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Petrol, diesel continue to touch new highs

Petrol, diesel continue to touch new highs

A litre of petrol touched Rs. 90.57 per litre in Mumbai , while diesel was capped at Rs. 79.01 per litre. The prediction is based on simple calculation of roughly 40-50 paisa per litre increase...

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Trump's Canadian envoy Kelly Craft says US respects Chrystia Freeland

Trudeau's office didn't respond to requests Wednesday and Thursday about whether the prime minister sought sideline discussions with the president. Trudeau, who was standing, tapped Trump's shoulder...

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Half of Tesla's Value Could Be Wiped Out, Barclays Says

Half of Tesla's Value Could Be Wiped Out, Barclays Says

In a brief joint statement, Tesla and its board said they are " fully confident " in Musk, his integrity and his leadership of the company. By Aug. Now the case looks set to go to court, another h...

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Fears about Musk's future sink Tesla shares

Shares of Tesla Inc plunged up to 13 percent on Friday as investors anxious about the future of Chairman and Chief Executive Elon Musk at the electric carmaker after US securities regulators acc...

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High US Gasoline Prices Buck The Trend Even As Demand Falters

U.S. West Texas Intermediate ( WTI) crude futures lost 43 cents to $71.85 a barrel. USA crude futures rose 20 cents to US$72.28 a barrel, close to the highest since mid-July. He said: " OPEC and OPEC...

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Tesla uses new tactics to sell Model 3s

Tesla uses new tactics to sell Model 3s

Tesla Inc.is now building its own vehicle carriers in an attempt to ramp up production and deliveries of the sought after Tesla Model 3 to thousands of its reservation holders before the third quart...

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Nafta: Donald Trump says United States 'not getting along' with Canada

Lighthizer said the US wants to see the three-way pact stay intact and remains committed to keeping Canada in the deal now or to let it join later. "We're very unhappy with the negotiations and the ...

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Trump slams Canada over NAFTA, says rejected Trudeau meeting

And then, for good measure: "We don't like their representative very much". "We are not getting along with their negotiators", he said. Observers say the patience of USA lawmakers is waning, parti...

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Ripple (XRP/USD)- Guide for Buying Ripple XRP through Changelly

Ripple (XRP/USD)- Guide for Buying Ripple XRP through Changelly

Virtual currencies have struggled to gain a foothold among institutions in part because most banks and payment companies experimenting with blockchain technology don't consider it necessary to use d...

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Intel: Why Trump is putting OPEC on notice

The updated report comes as U.S. President Donald Trump and Iranian President Hassan Rouhani exchanged taunts at the United Nations General Assembly on Tuesday. Crude oil prices touched new four-yea...

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Trump 'not happy' with Fed's interest rate hike

Trump 'not happy' with Fed's interest rate hike

The Fed is lifting its short-term rate - a benchmark for many consumer and business loans - by a quarter-point to a range of 2 percent to 2.25 percent. "I'm anxious about the fact that they seem to li...

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Trump Confirms Rejecting Trudeau's Meeting Invite: 'I Told Him 'Forget About It''

Trump Confirms Rejecting Trudeau's Meeting Invite: 'I Told Him 'Forget About It''

Speaking at the United Nations General Assembly on Tuesday, Trump touted the success of his trade policy, citing the renegotiated bilateral trade deal with South Korea, as well as a partial rework of...

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OPEC, allies agree not to further increase oil production

OPEC, allies agree not to further increase oil production

Brent crude futures were up 87 cents, or more than 1 percent, at $82.07 a barrel by 10:43 a.m. EDT (1443 GMT) having touched a session peak of $82.22, the highest price since November 2014. “It's go...

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Instagram co-founders step down 6 years after sale to Facebook

Instagram co-founders step down 6 years after sale to Facebook

Yet Facebook has launched recent initiatives encouraging SMEs to place ads in Instagram Stories, its answer to Snapchat. Instagram has some inherent advantages over Facebook as far as content is...

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World leaders laugh as Trump boasts of his achievements

World leaders laugh as Trump boasts of his achievements

The president said the location for a second summit with Kim is still to be determined, but officials have said Trump is holding out hope it could take place on American soil. USA officials defended...

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China slams US 'intimidation' as new tariffs kick in

China slams US 'intimidation' as new tariffs kick in

In retaliation , China imposed taxes on $60 billion worth American products. China dashed prospects for a near-term resolution to the trade war with the USA, warning President Donald Trump his thre...

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Saudi Arabia rejects Trump request to hike oil output

Earlier today, Brent crude hit its highest since May at $80.62 per barrel, up $1.82 or 2.3 percent, by 0830 GMT. Oil prices were mixed on Friday after falling in the previous session as U.S. For all...

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Versace reportedly set for $2bn takeover by Michael Kors

Versace reportedly set for $2bn takeover by Michael Kors

Donatella Versace , the brand's vice-president and artistic director, has called an all-staff meeting for Tuesday to announce the deal, according to the Italian newspaper Corriere della Sera . It w...

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