Money

American companies worry US-Chinese ties will worsen

American companies worry US-Chinese ties will worsen The latest developments came after a new round of negotiations between US Trade Representative, Robert Lighthizer and Chinese Deputy Prime Minister Liu He . Kersting said. The Shanghai Composite index rose 5.6 percent to an eight-month high. That is why President Trump should use the imminent trade deal with China to, as much as possible, take the Green New Deal off the table by pushing Bei... [Full Article...]

Tesla to close stores, take orders for a $35,000 Model 3

Tesla to close stores, take orders for a $35,000 Model 3 Tesla on Thursday unveiled firmware upgrades that will bring the range of the Long Range Rear-Wheel Drive Model 3 to 325 miles and increase the top speed of Model 3 Performance to 162 mph. "All he needs is the same basic demographic that has been interested in his cars from Day One ". Musk said he believes there is demand for 500,000 Model 3s per year, but he also added, "I don't know what th... [Full Article...]

Powell put? Fed Chief says mkt volatility can affect economy

Powell put? Fed Chief says mkt volatility can affect economy Asian shares inched towards a five-month high on Wednesday and the dollar hovered near a three-week low after Federal Reserve chair Jerome Powell reinforced the United States central bank's shift to a more "patient" approach on policy in the face of a slowing economy. [Full Article...]

Victoria's Secret store closures planned in Canada, U.S.

Victoria's Secret store closures planned in Canada, U.S. The company says they not yet released a list of which stores will be closed. L Brands' overall results for its fourth quarter, which includes the Christmas holiday period, were virtually flat as compared to one year earlier. On Thursday morning, L Brands stock dropped 6.6 with the opening bell on Wall Street. How we go about it is we look at current and projected performance, sales, profit, cas... [Full Article...]

Jeep Gets Massive Investment For New Models And Hybrids

Jeep Gets Massive Investment For New Models And Hybrids The United Auto Workers (UAW) union has, likewise, welcomed the news of new investments and jobs in American auto manufacturing by Fiat Chrysler , just as Ford and General Motors (GM) continue outsourcing their USA manufacturing to China and Mexico. [Full Article...]

Debt-saddled GE sells off BioPharma business to Danaher for $21.4B

Debt-saddled GE sells off BioPharma business to Danaher for $21.4B That's a sharp turnabout from GE's plight at the end of 2018, as a two-year stock collapse wiped out more than $200 billion in shareholder value. Yields on GE bonds, which move in the opposite direction of their price, fell to the lowest in about four months across dozens of debt securities and the risk premium demanded by investors in exchange for holding GE paper declined. [Full Article...]

Amid Fall-Out, US Regulator May Seek Elon Musk's Removal From Tesla Board

Amid Fall-Out, US Regulator May Seek Elon Musk's Removal From Tesla Board On February 19, Musk tweeted, " Tesla made 0 cars in 2011, but will make around 500k in 2019 ". Musk, who initially on Monday accused the SEC of failing to read the company's annual reports, followed up with another tweet in the early hours of Tuesday. [Full Article...]

Porsche confirms Macan will go all-electric, production to follow Taycan, Cross Turismo

Porsche confirms Macan will go all-electric, production to follow Taycan, Cross Turismo Apparently the decision was made this past July, with part of the deciding factor being the desire to invest in electrified vehicles at the Leipzig, Germany, plant where the Macan is now built. The next Macan will be based on the same PPE platform as the Taycan sedan . The current Macan is already the sportiest driving SUV in its segment so we expect the next-gen vehicle to be no different in t... [Full Article...]

United States businesses in China see gloomy year ahead

United States businesses in China see gloomy year ahead Some expressed concerns that after almost eight months of tit-for-tat tariffs roiling global financial markets, disrupting manufacturing supply chains and shrinking U.S. Trump's dramatic decision in July to hike duties on Chinese imports split the US business world. Even if the two sides reach a compromise on trade, relations also are strained by disputes over technology, investment and geopolit... [Full Article...]

Man Spends $540 on Cookies to Get Scouts Out of Cold

Man Spends $540 on Cookies to Get Scouts Out of Cold Federal agents arrested McGowan on Tuesday just as his act of kindness was beginning to take off on Facebook . The man didn't buy the cookies to feed his Samoa addiction, however; he bought them to help two Girl Scouts get out of the cold weather. [Full Article...]

Groupe PSA to introduce Citroen brand in India

Groupe PSA to introduce Citroen brand in India It is expected to launch a hatchback or sedan in the coming times that will get to use the historic name in India. It would be interesting to hear from you which cars from Peugeot's current range you'd like to get first in the US and Canada, so voice ahead your thoughts in the comments! The company announced that the Citroen brand has been chose to enter the Indian market. [Full Article...]

Oil price plunges after Trump tells Nigeria, others to ‘relax’

Oil price plunges after Trump tells Nigeria, others to ‘relax’ Analysts said the United States, the world's biggest oil consumer, was keen to counter a recent rally in prices driven by major exporters trimming production. The 2019 budget proposal, presented to the National Assembly on December 19 by President Buhari, was based on oil production of 2.3 million bpd (including condensates), with an oil benchmark price of $60 per barrel. [Full Article...]

Amtrak train still stranded near Eugene after hitting tree on tracks Sunday

Amtrak train still stranded near Eugene after hitting tree on tracks Sunday On Sunday evening, the Amtrak Coast Starlight train 11 was traveling southeast near the tiny town of Oakridge when it struck a tree at around 6:18 p.m. "We can't get off the train because there's four feet of snow in every direction, there's nowhere to go". "Moms are doing all they can right now". The train is stocked with ample food supplies, according to Amtrak. [Full Article...]

Adani Group wins bid to operate Guwahati airport

Adani Group wins bid to operate Guwahati airport The Airports Authority of India (AAI) adopted the per-passenger fee model this time, which is a modification of the revenue-sharing model that was used earlier in the privatisation of airports such as Delhi, Mumbai, Bangalore and Hyderabad. [Full Article...]

Nokia 9 PureView official with bonkers five camera setup

Nokia 9 PureView official with bonkers five camera setup How many cameras does one phone need? Two of the lenses are RGB, while the rest of monochrome. While most flagship handsets come loaded with a Snapdragon 855 chipset, the Nokia 9 PureView features a Snapdragon 845 SoC. In Europe, the Nokia 9 PureView will retail for around 599 euros. Now capture exciting time lapse photography with support for exposure times up to 10 seconds. [Full Article...]

Regulators Want Tesla’s Elon Musk Held In Contempt For Violating Twitter Deal

Regulators Want Tesla’s Elon Musk Held In Contempt For Violating Twitter Deal In the settlement, Musk kept control of Tesla , but he was stripped of the title of board chairman and ordered to pay a $20 million fine. Tesla did not respond immediately to a request for comment on the reported lawsuit. There was a four-hour gap in between the tweets, which allegedly implied to investors that the company was revising production guidance upwards by 25%. [Full Article...]

WD and Micron launch 1TB microSD cards

WD and Micron launch 1TB microSD cards To put things much more simply, though, either option can comfortably store and play your Switch games and you'll be gaining an incredible 1,000 GB of storage in the process. While we are on the subject of money, SanDisk MicroSD card will set you back for a whopping $449.99 and will be available in April. The Micron c200 1TB microSDXC UHS-I card uses Micron's 96-layer 3D quad-level NAND techno... [Full Article...]

Wind advisory issued for Harford County with temperatures cooler than expected

Wind advisory issued for Harford County with temperatures cooler than expected Officials from the weather service warn with the ground saturated from previous rain and snowmelt, trees and power lines will be more susceptible to the adverse effects of strong winds. There was even some icing through the interior and Western Mass. earlier Sunday , before temperatures climbed above freezing. The weather service said the wind could make travel hard for high-profile vehicles in... [Full Article...]

Canada's energy regulator endorses contentious pipeline

Canada's energy regulator endorses contentious pipeline Meanwhile Eugene Kung with West Coast Environmental Law, says the decision makes numerous same mistakes in the first review, although lawsuits might have to wait until after the cabinet grants final approval on the project. Those factors were weighed heavily by the NEB, but the report found that they can be justified in light of the considerable benefits of the TMPP, along with measures to minim... [Full Article...]

Apple credit card could be next services conquest

Apple credit card could be next services conquest Customers will also reportedly earn 2 percent cash back on most of their purchases with potentially higher bonuses on Apple's products and services. Bloomberg reported last May that Apple and Goldman were developing a co-branded credit card as a way for the investment bank to deepen its push into consumer finance. [Full Article...]


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