Money

Tesla to Hike Prices, Cut Charging Times in Half

Tesla to Hike Prices, Cut Charging Times in Half The stock's decline on Tuesday, however, may have had more to do with a few analysts' reaction to the recent run of Tesla news, including the company's unexpected partial reversal of previously announced price cuts and store closures. But its announcement also mentioned the Model Y, which shares the Model 3 platform. "How else can you view it except to see it as a remarkable example of lac... [Full Article...]

Johnson And Johnson Stock Drops After Losing $29M Talcum Powder Cancer Case

Johnson And Johnson Stock Drops After Losing $29M Talcum Powder Cancer Case A jury in California has ordered Johnson & Johnson (J&J) to pay more than $29 million to a woman who claimed that asbestos in its talc-based powder products caused her cancer. The shares of healthcare major Johnson and Johnson fell almost 2 percent on Thursday's premarket trading after the company was ordered to pay $29 million to a woman whose cancer was attributed to the asbestos contained in th... [Full Article...]

Pi Day 2019 deals in Hampton Roads

Pi Day 2019 deals in Hampton Roads Thursday is the 14th day of the third month. Biggby Coffee: The Apple Pie latte is returning and will be $3.14. Cheddar's Scratch Kitchen - Order a homemade chicken pot pie and get another to take home (and bake yourself) for free. While academic websites encourage hosting competitions to see who can recite the most digits that make up pi (because it keeps on going), we here at The Fresn... [Full Article...]

Oil prices rise amid broad market rally, OPEC supply cuts

Oil prices rise amid broad market rally, OPEC supply cuts US sanctions on Iran and Venezuela, two of the largest oil producers in the Organization of the Petroleum Exporting Countries, and production cuts by OPEC and Russian Federation have boosted global oil prices to near four-month highs. The terminal resumed operations by Wednesday, according to two sources and Refinitiv Eikon data, but shipments have not started up. India has already built 5.3... [Full Article...]

Mark Zuckerberg loses two key Facebook executives

Mark Zuckerberg loses two key Facebook executives Chris Cox was responsible for Facebook's flagship apps - including WhatsApp, Instagram , and Facebook itself. "Embarking on this new vision represents the start of a new chapter for us", Zuckerberg said in describing the changes amid a new direction in company strategy outlined by Zuckerberg last week. [Full Article...]

Tesla to unveil Model Y SUV as electric vehicle competition heats up

Tesla to unveil Model Y SUV as electric vehicle competition heats up Let's take a look at the few specs available so far. Tesla Model Y joins the company lineup that now consists of the Model 3 , Model S and Model X in the passenger vehicle range along with the second generation Tesla Roadster and Tesla Semi. [Full Article...]

Oil Prices Increase as US Lowers Crude Production Estimates

Oil Prices Increase as US Lowers Crude Production Estimates Worldwide benchmark Brent crude was trading at $66.94 per barrel at 0708 GMT with a 0.2 percent gain, after it closed Tuesday at $66.81 a barrel. For both benchmarks, these are prices that haven't been seen since mid-November. The agency also slightly reduced it's 2020 predictions, bringing it's forecast down from 13.2 million barrels a day down to 13 million. "The second wave of the US shale revo... [Full Article...]

U.S. stocks end mixed; Dow slips

U.S. stocks end mixed; Dow slips The S&P 500 and Nasdaq eked out gains at open on Monday as February's benign inflation data supported the Federal Reserve's "patient" approach towards further rate hikes, while a second day of losses in Boeing pressured the Dow . In electronic trading after the settlement, gold futures touched highs above $1,302, edging slightly higher after the Brexit vote. Their losses pushed the Dow ... [Full Article...]

Google employee breaks world record for calculating pi

Google employee breaks world record for calculating pi As you would expect that amount of digits requires a lot of storage - she calculates she required 170 terabytes to finish the calculation. Google cloud developer advocate Emma Haruka Iwao thinks in terms of trillions of pi digits. This year marks the 31st anniversary of Pi Day, which is believed to be celebrated first by physicist Larry Shawand and his peers at the Exploratorium in San Fra... [Full Article...]

Facebook says outages due to 'server configuration change'

Facebook says outages due to 'server configuration change' Unlike Facebook which bases its income on ad revenue, Telegram is funded by user donations, and includes features like encrypted end-to-end messaging. "We're very sorry for the inconvenience and appreciate everyone's patience", Facebook said. The company's flagship social network has more than 2.3 billion users, and Instagram has more than 1 billion. [Full Article...]

Four Youths Wanted After Bitcoin ATM Fraud

Four Youths Wanted After Bitcoin ATM Fraud The portal further stated that each of the four suspects are accused of attacks in specific cities, which are listed below:Suspect One: Toronto, Montreal, Ottawa and Hamilton. The double spends, which occurred over the course of 10 days, are possible with unconfirmed transactions and tools exist to deal with this problem. [Full Article...]

Pizza Pizza is offering $3.14 pizzas March 14 only

Pizza Pizza is offering $3.14 pizzas March 14 only Celebrations and promotions have surged in the United States since Congress passed a resolution supporting March 14 as Pi Day . The deal will only be available from 11 AM until 3:14 PM, so make sure you head to your local Pizza Pizza location before it's over! Villa Italian Kitchen: Get a Neapolitan cheese pizza for $3.14 when signing up for the restaurant's loyalty program. [Full Article...]

Consumer prices rose 0.2% in February

Consumer prices rose 0.2% in February The surge is also higher as compared to the consumer inflation in January, recorded at 1.97 per cent. A Reuters poll of economists had predicted a growth of 2 per cent for January. The public's inflation expectations fell in February, according to the Federal Reserve Bank of New York's latest Survey of Consumer Expectations. "With nothing in the outlook demanding an immediate policy response a... [Full Article...]

Viral Tweet saves small doughnut shop

Viral Tweet saves small doughnut shop Needless to say, his dad isn't sad anymore. The tweet went viral and over thousands of people rushed to the store to buy doughnuts and make the father happy. At the time of writing , the tweet had been liked over 500,000 times and shared over 200,000 times. Photos show people lining up and buying bags and boxes full of doughnuts and other candies. [Full Article...]

USA grounds all Boeing 737 Max planes

USA grounds all Boeing 737 Max planes Since the crash Sunday, regulators across the world have begun grounding the aircraft as an investigation into the disaster's cause continues. Bernstein Research analyst Daniel Roeska said the airline may lose around 400,000 Norwegian krone (€ 41,000, $46,000) per 737 MAX per day if it's forced to keep the planes grounded for a prolonged period of time. [Full Article...]

Honda to recall about 1M vehicles in the U.S. with Takata airbags

Honda to recall about 1M vehicles in the U.S. with Takata airbags In early February 2019, Honda Ridgeline vehicles were recalled for catching fire when going through a auto wash. The Maryland incident is the first reported injury linked to a Takata air bag made with a chemical additive known as a desiccant that absorbs moisture to prevent the ammonium nitrate propellant from becoming unstable. [Full Article...]

Nissan scraps Infiniti production at Sunderland plant

Nissan scraps Infiniti production at Sunderland plant The move follow's Nissan's recent decision to build its new X-Trail model in Japan, instead of Sunderland. It's part of a bigger plan that involves pulling the Infiniti brand out of Western Europe. It will offer no new diesel options from 2021 onward when it will begin a campaign to electrify its entire lineup on a new platform . Infiniti announced Tuesday that as part of a "restructuri... [Full Article...]

Oil prices rise on ongoing OPEC-led supply cuts

Oil prices rise on ongoing OPEC-led supply cuts Saudi Energy Minister Khalid al-Falih told Reuters two days ago that it would be too early to change a production curb pact agreed by the Organisation of Petroleum Exporting Countries (OPEC) and its allies, which includes Russian Federation, another major producer, before June. [Full Article...]

Facebook briefly takes down Elizabeth Warren's ads on breaking up Facebook

Facebook briefly takes down Elizabeth Warren's ads on breaking up Facebook The spokesperson explained that the social network has now restored them "in the interest of allowing robust debate". Warren has been blasting Facebook on Facebook for a while now, including blasting the company for having "compromised the personal data of millions of Americans" when posting the live stream of the Senate hearing with Facebook CEO Mark Zuckerberg last April. [Full Article...]

Musk argues regulators overstepped in tweet contempt quest

Musk argues regulators overstepped in tweet contempt quest Electric carmaker Tesla has reversed a previous decision to close most of its stores and move to online-only sales in order to pass the savings along to customers. According to Tesla's blog, the preference for conducting sales online will continue and said buyers in stores would be trained to order a Tesla on phone, which is a rapid process. [Full Article...]


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