Money

Malaysia’s richest man slips out of world Top 100

Malaysia’s richest man slips out of world Top 100 The number includes three more individuals than past year. Ranked 317, Villar has a net worth of about $5.5 billion (P287.4 billion), according to Forbes , which released its list on March 5. Facebook's Mark Zuckerberg fell to eighth place, dropping three spots on the list after a tough year at the social network drove down the company's stock price and shrunk his estimated wealth by $8.7 billi... [Full Article...]

Volvo’s Polestar unveils electric auto touted as Tesla rival

Volvo’s Polestar unveils electric auto touted as Tesla rival With an expected range of 275 miles (the EPA will have their final say when the vehicle is available for testing), 408 horsepower, 487 foot-pounds of torque and a zero to 60 time of under five seconds (via two electric motors), Polestar clearly has the Model 3 in its sights. [Full Article...]

Donald Trump calls Apple CEO, 'Tim Apple'

Donald Trump calls Apple CEO, 'Tim Apple' Cook was seated to Trump's right at a roundtable meeting with business leaders that was co-chaired by Labor Secretary Wilbur Ross and one of the president's daughters, Ivanka Trump , who is also a White House adviser. "We want them to be people based on merit and we want them to come in legally - you see what's going on at the border". US President Donald Trump seems to have made it a habit ... [Full Article...]

Tesla's new Superchargers add up to 1,000 miles per hour

Tesla's new Superchargers add up to 1,000 miles per hour The Model S and Model X will experience an undisclosed increase to their respective charging rate "in the coming months". The 1 megawatt power cabinet supports a charge rate up to 250-kw per vehicle. The first V3 Beta site is now open in the Californian Bay Area, also known as the Tesla heartland. 145 kW is the charging rate of a current shared pair of Tesla's Superchargers, so the fix see... [Full Article...]

US trade deficit reached a record high a year ago

US trade deficit reached a record high a year ago The data shows that Trump's America First policies to close the trade gap haven't had their desired effect. The overall trade deficit has grown by $119 billion in the two years since Trump took office. For the full year, exports rose 6.3 percent to US$2.5 trillion as shipments of goods including crude oil, petroleum products and aircraft engines increased. [Full Article...]

Huawei Files Lawsuit Against U.S. Government Over Equipment, Services Ban

Huawei Files Lawsuit Against U.S. Government Over Equipment, Services Ban The lawyer for Huawei Technologies' Chief Financial Officer Meng Wanzhou told a Canadian court on Wednesday that he has concerns allegations against her have a political character and raised U.S. In Ottawa, Agriculture Minister Marie-Claude Bibeau said the government was closely monitoring the situation and any potential impact on Canada's agricultural trading relationship with Beijing. [Full Article...]

Missing Indian-Origin Dentist's Body Found Stuffed Inside Suitcase In Sydney

Missing Indian-Origin Dentist's Body Found Stuffed Inside Suitcase In Sydney Dr Harshwardhan Narde, a Tamworth dentist, drove his BMW into a semi-trailer on the New England Highway near Tamworth about 10pm on Monday night, according to police. Investigations into the circumstances surrounding Dr Reddy's murder are continuing with the assistance of the Homicide Squad, a police spokesperson said in a statement. [Full Article...]

Ex-senior aide Gerald Butts defends Trudeau amid political crisis

Critics say that would be improper political meddling in a case. Trudeau was also supposed to be at the Conexus Arts Centre later in the day on Tuesday. It now has 9,000 domestic employees, including 2,500 in Quebec, compared to a global workforce of more than 50,000, with more employees in the United Kingdom - 10,000 - than Canada. [Full Article...]

Clues Revealed About South Carolina Mega Millions Winner

Clues Revealed About South Carolina Mega Millions Winner The commission said the person marvelled "at how every decision made that day brought the victor to the store, at that very moment". "The victor marvels at how every decision made that day brought the victor to the store, at that very moment, to make the Quick Pick Mega Millions lottery ticket purchase", the statement read. [Full Article...]

One-Off Bugatti "La Voiture Noire" Is An $18-Million Masterpiece

One-Off Bugatti Like all modern Bugattis, La Voiture Noire (French for "the black car") is powered by a quad-turbo W-16 engine. It's a one-off special called the "La Voiture Noire" and costs £9.5 million (US$12.35m) plus taxes - which makes it the world's most expensive new auto ever sold. [Full Article...]

Say 'aloha': Southwest to start offering flights from Phoenix to Hawaii

Say 'aloha': Southwest to start offering flights from Phoenix to Hawaii Southwest hoped to begin selling Hawaii tickets past year, but that slipped even before the 35-day partial government shutdown. Southwest Airlines is launching its service to Hawaii with deep discounts. Details about flights to and from Lihue, on Kauai, will also be announced soon. The lowest fares are valid only on certain days of the week, the airline said in its announcement. [Full Article...]

Donald Trump Plans to End India's Preferential Trade Treatment

Donald Trump Plans to End India's Preferential Trade Treatment Indian Commerce Secretary Anup Wadhawan has said that the withdrawal of the GSP will not significantly impact India's exports to the US. In a hurriedly called press briefing, India's Commerce secretary Anup Wadhawan said disproportionate demands from the USA led to the collapse of talks even though India was ready for greater market access in agricultural products to the US. [Full Article...]

US, China said near deal that could end most US tariffs

US, China said near deal that could end most US tariffs In an eight-month trade war, the United States has imposed punitive tariffs on $250 billion worth of imports from China , while Beijing has hit back with tariffs on $110 billion worth of US goods, including soybeans and other commodities. Mr Trump's deal will most definitely be scrutinised by Democrats and more hawkish members of his own party who have been outspoken about the need for the Presid... [Full Article...]

Elon Musk says Tesla to unveil Model Y electric SUV next week

Elon Musk says Tesla to unveil Model Y electric SUV next week Either way, it's not hard to imagine what a baby Model X will look like. The auto will be built at the company's Gigafactory outside Reno, Nevada and is expected to enter volume production in 2020. On Tesla's fourth-quarter earnings call in January, Musk said Tesla had completed the engineering and design of the Model Y and that "three-quarters of the Model Y is common with the Model 3". [Full Article...]

Scientists show that yeast can make marijuana compounds

Scientists show that yeast can make marijuana compounds The yeast is more important for what it can do for other cannabinoids. Brewing could provide cheap, purer sources of these chemicals, making it possible to study their effects in detail for the first time. One step, however, proved to be a roadblock for Keasling's group and competing groups: an enzyme that performs a key chemical step in making CBGA in the marijuana plant didn't work in yeast. [Full Article...]

$35,000 Tesla Model 3 is Finally Available, at Long Last

$35,000 Tesla Model 3 is Finally Available, at Long Last Along with the Volvo underpinnings, there are also quite a few hints of Volvo's design language in the new Polestar 2's styling. The Polestar 2 is one of several new electric vehicle models coming this year, including the Audi e-tron SUV, as competition moves into the luxury electric space once exclusively occupied by Tesla . [Full Article...]

Walmart to make 'every effort' to keep disabled greeters

Walmart to make 'every effort' to keep disabled greeters This allows associates to continue their employment at the store as valued members of the team while we seek an acceptable, customized solution for all of those involved. Walmart greeters all over the country are in similar situations. "I decided I was going to be the squeaky wheel and squeak every day", Catlin said, adding she's encouraged by Walmart's recent moves. [Full Article...]

SpaceX's first crew test flight goes well so far — Dragon roars

SpaceX's first crew test flight goes well so far — Dragon roars EST (GMT-5) as the two vehicles passed 257 miles above the Pacific Ocean north of New Zealand. The Crew Dragon capsule is headed to the International Space Station (ISS) and if all goes to plan, it should dock there at 6 a.m. Under a contract with NASA, SpaceX developed Crew Dragon on the basis of Dragon cargo ship, which flies to the ISS since 2012. While the Dragon spacecraft launched su... [Full Article...]

Saudi Arabia oil exports to U.S. nosedive

Saudi Arabia oil exports to U.S. nosedive However, in the Q4 2018, an unexpected U.S. waiver on Iran oil sanctions, coupled with reduced IMF GDP global forecasts including for China, placed strong downward pressure on prices. OPEC, Russia and other non-members - an alliance known as OPEC+ - agreed to reduce supply by 1.2 million bpd. In Venezuela, oil exports have plunged 40 percent to around 920,000 bpd since the USA government slapped... [Full Article...]

Martha Stewart joins Canadian marijuana grower as adviser

Martha Stewart joins Canadian marijuana grower as adviser So, is Martha Stewart actually super cool now? The Smiths Falls, Ontario company wants to tap into Martha Stewart's "deep understanding of what consumers in the USA and around the world want" as it looks to develop an array of products from hemp-derived CBD for people and animals. [Full Article...]


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