Money

Tesla Model 3 production gets underway

Tesla Model 3 production gets underway It marks Tesla's first step as a producer of mass-market electric cars as the group has previously focused on the output of luxury vehicles in relatively small numbers. The Model 3 is the fourth vehicle to be launched by Tesla and the third that's now currently in production as it joins the considerably less affordable Model S and Model X. [Full Article...]

China's COSCO Shipping offers $6.3 billion for Orient Overseas Ltd

China's COSCO Shipping offers $6.3 billion for Orient Overseas Ltd The deal is subject to regulatory approval, as well as the approval of Cosco shareholders. Cosco will control 90.1% of OOIL upon the completion of the deal, with Shanghai International Port Group (SIPG) holding the rest. At part of the proposed deal Shanghai International Port Group ( 600018.CN ) will take 9.9% of Orient Overseas . Shipping companies have been struggling to churn out prof... [Full Article...]

Electronics ban on RJ flights to United States lifted

Electronics ban on RJ flights to United States lifted Passengers travelling to the U.S. from 10 airports, were barred in March from carrying large electronic devices as cabin baggage. In March, the USA banned laptops and other large electronic devices on direct flights originating at 10 airports in eight countries - Egypt , Morocco, Jordan, the UAE, Saudi Arabia , Kuwait, Qatar and Turkey - on security grounds. [Full Article...]

Vigil Being Held Saturday In Honor Of NYPD Officer Miosotis Familia

Vigil Being Held Saturday In Honor Of NYPD Officer Miosotis Familia Lynch and other police union leaders have blamed the movement for endangering police officers. "On behalf of my family, I want to thank everyone", said Familia's sister Adriana Sanchez. Familia was assassinated by a bullet to the head early Wednesday, three blocks from her precinct - fired by a cop-hating felon, Alexander Bonds , who was shot dead by officers who responded to the scene. [Full Article...]

US, China reiterate commitment to resolve N.Korean nuclear issue through dialogue

US, China reiterate commitment to resolve N.Korean nuclear issue through dialogue Xi told Trump that China remains "firmly committed to denuclearizing the (Korean) peninsula", according to a report from China's state-run Xinhua news agency. Hamburg: US secretary of state Rex Tillerson said on Friday there would not be many good options left on North Korea if the peaceful pressure campaign the US has been pushing to curb Pyongyang's nuclear and missile programs failed. [Full Article...]

Romero, Whittaker Injury, Overeem & Title Shot, More

The Australian maintained the momentum through the last two rounds, though both clearly looked worn out in the last, when Romero desperately tried to turn the fight around before Whittaker got him on the floor. The rest of the way, Whittaker landed 77 strikes to Romero's 51 and allowed only a single takedown out of eight attempts. By the third round Romero's explosive style had begun to take its t... [Full Article...]

Drop charges against Palestinian Hebron activist — United Nations experts

Drop charges against Palestinian Hebron activist — United Nations experts The Unseco vote took place at the Unesco annual summit, in Krakow, Poland, on Friday and was held as a secret ballot following a request from Israel , which believed that would mean countries were more likely to support its case. The compound is the holiest site in Judaism and the third-holiest in Islam, after Mecca and Medina in Saudi Arabia. The move has been welcomed by Palestinians but sl... [Full Article...]

Michael Owen reacts on Twitter to Romelu Lukaku news

Michael Owen reacts on Twitter to Romelu Lukaku news Lukaku, a powerfully built, 6-foot-3 (1.90-meter) striker, links for a second time with manager Jose Mourinho , who sold the player to Everton in 2014 when at Chelsea . The French global started in No.10 role for the most part of last season and we can expect him to start behind Lukaku in the next campaign. When they came calling, I didn't have to think twice so I'm really delighted to hopeful... [Full Article...]

Quarterly EPS analysis of WPX Energy, Inc. (NYSE:WPX)

Its mean Altman Z-Score: -0.17 during the last 7 years, while average Beneish M-Score: -2.69 during the last 7 years. After $0.12 actual EPS reported by Rice Energy Inc for the previous quarter, Wall Street now forecasts 41.67% EPS growth. Director, KINDICK KELT, purchased 10,000 common shares of WPX Energy, Inc. Two other important profitability ratios for investors to know are both returns-bas... [Full Article...]

Ballabhgarh lynching: Main accused sent to two days police remand

Ballabhgarh lynching: Main accused sent to two days police remand He said that the accused, whose identity will be revealed later, worked as a private security guard in Delhi. "A final picture will emerge only after completion of the interrogation", Government Railway Police (GRP) Deputy Commissioner of Police (DCP) Kamal Dev told media in Faridabad on Sunday. [Full Article...]

Keene City Leaders Move to Sign on to Paris Climate Goals

Keene City Leaders Move to Sign on to Paris Climate Goals Political will has been growing for some time on the issue. "With US states and cities committing to Paris irrespective of the federal government's position, the worldwide community needs to find a way of recognizing this commitment from sub-national governments in order drive the pace of change needed". [Full Article...]

220000 jobs added to US Labor Market in June

220000 jobs added to US Labor Market in June After release of the jobs data , USA short-term interest rate futures showed continued bets the Fed would raise interest rates in December. So how good is the news that we produced 220,000 new jobs in June? This increase matches the overall economy of the country's employment status. [Full Article...]

SPFL to 'consider implications' of Supreme Court ruling in Rangers tax case

SPFL to 'consider implications' of Supreme Court ruling in Rangers tax case EBTs are trusts that, in the past, have been set up by large companies to make tax free "loans" to employees or beneficiaries. Although two tribunals found in Rangers' favour the Court of Session found in favour of HMRC . " This decision has wide-ranging implications for other avoidance cases and we encourage anyone who's tried to avoid tax on their earnings to now agree with us the tax owe... [Full Article...]

Old stocks too must show post-GST price, companies warned

Old stocks too must show post-GST price, companies warned Consumer affairs minister Ram Vilas Paswan said on Friday failure to do this could lead to a penalty of up to a year in jail for breach of the Legal Metrology (Packaged Commodities) Rules. These changes have been effected through an amendment to the Legal Metrology (Packaged Commodities) Rules, 2011, by the consumer affairs ministry. The department of consumer affairs also stated that the sale... [Full Article...]

Stock's Stunning Activities: Cliffs Natural Resources Inc. (CLF)

Stock's Stunning Activities: Cliffs Natural Resources Inc. (CLF) It is down 122.26% since July 7, 2016 and is uptrending. ( CLF ) stock is attractive participant of Wall Street Market. Aac Hldgs Inc (NYSE:AAC) was raised too. Covering sell-side analysts have recently weighed in on shares of Cliffs Natural Resources Inc. The stock showed weekly upbeat performance of 1.25%, which was maintained for the month at 8.47%. [Full Article...]

$0.37 EPS Expected for Pennsylvania REIT (PEI) This Quarter

It has underperformed by 40.96% the S&P500. The firm earned "Hold" rating on Friday, August 12 by TD Securities. Therefore 71% are positive. Seaport Global initiated Matson, Inc. Moreover, Lpl Fincl Limited Liability Com has 0% invested in MiMedx Group Inc (NASDAQ:MDXG) for 24,799 shares. Dekabank Deutsche Girozentrale has 0% invested in Alexandria Real Estate Equities Inc (NYSE:ARE). [Full Article...]

Govt Launches App to Verify Tax Rate under GST

Govt Launches App to Verify Tax Rate under GST GST is applicable throughout the country, replacing several other indirect taxes like VAT, Service tax, CST, etc.Looking at the huge impact of GST on common citizens, the university has made a decision to create awareness on GST. "First of its kind app would be a ready reckoner for public, for consumers, traders, students, anyone who wishes to have very handily (GST) rates available". [Full Article...]

Mondelez says cyber attack will cut into revenue growth

Mondelez says cyber attack will cut into revenue growth They anticipate the MDLZ stock will hit $49.92 on a short term (12 month) basis. Mondelez International, Inc. closed its last trading session at $43.12 with the loss of -0.14%. Hargrove Robin S . sold $269,220 worth of stock or 6,000 shares. The company has market cap of $464.10 million. The firm's 50-day moving average is $45.61 and its 200 day moving average is $44.68. [Full Article...]

China just built a cute solar plant shaped like a panda

China just built a cute solar plant shaped like a panda Panda Green Energy has installed the array under an agreement with the United Nations Development Program ( UNDP ) to advocate for renewable energy. China has just built a cute solar farm that is shaped like a giant panda. In addition to generating electricity, the plant is scheduled to open summer camps for young people so they can gain a "deeper understanding of green energies and first-hand... [Full Article...]

James Clapper: Russia 'Prepping the Battlefield' With More Spies in US

James Clapper: Russia 'Prepping the Battlefield' With More Spies in US I think it could well have been other countries. Lt. Gen. Vincent Stewart, director of the Defense Intelligence Agency: Yes, Senator. "I remember when I was sitting back listening about Iraq, weapons of mass destruction". The "de-escalation agreement" is to go into effect at 12:00 p.m. Damascus time on Sunday. He noted that the intelligence community has been wrong before and bashed the Ir... [Full Article...]


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