Tesla surges after Elon Musk offers details about his 'financing secured' tweet

Musk rattled investors last week by announcing in an unusual way that he might take Tesla private, with both his posts on social media and a letter to employees making no mention of the Saudi fund. The lawsuits also claim Musk hasn't lined up... More..

by | Published more than a month ago
July exports accelerate despite Trump's tariff hike
by | Sunday, August 12, 2018

July exports accelerate despite Trump's tariff hike

The U.S. Trade Representative's office made the announcement Tuesday as it published a final tariff list targeting 279 imported product lines. "This is a very unreasonable practice", the Chinese commerce...More..

Trump puts pressure on Turkey by doubling down on tariffs
by | Saturday, August 11, 2018

Trump puts pressure on Turkey by doubling down on tariffs

The move against President Recep Tayyip Erdogan's government also highlights the disconnect between Turkey and the U.S.as they fail to negotiate their way out of an array of conflicts. Turning to the economic...More..

Russian Prime Minister Medvedev warns US against further sanctions
by | Friday, August 10, 2018

Russian Prime Minister Medvedev warns US against further sanctions

The Kremlin has vehemently denied any involvement in the Salisbury and Amesbury incidents, and it did so again in lieu of new sanctions . Wednesday's surprise US State Department announcement of fresh s...More..

Easing of oil supply fears 'may be short-lived': IEA
by | Friday, August 10, 2018

Easing of oil supply fears 'may be short-lived': IEA

The action, followed by another set of sanctions scheduled for November, will bring US sanctions against Iran to the level on par with those prior to a major multilateral nuclear deal reached in 2015. Crude oil...More..

Tesla board evaluating CEO's bid to take company private
by | Wednesday, August 08, 2018

Tesla board evaluating CEO's bid to take company private

Tesla CEO Elon Musk met with SoftBank CEO Masayoshi Son about taking the electric-car maker private a year ago, Bloomberg reports. Musk tweeted on Tuesday that he had secured funding for the plan , but ...More..

by | Wednesday, August 08, 2018

China to put 25% tariffs on $16 billion worth of United States products

China's announcement is a direct response to new duties on Chinese goods imported into the United States, announced Tuesday in Washington . Still, disagreements between the two major economic powers run de...More..

Dead fetus reportedly found on plane at New York LaGuardia Airport
by | Tuesday, August 07, 2018

Dead fetus reportedly found on plane at New York LaGuardia Airport

A dead fetus reportedly was found Tuesday morning onboard an out-of-service American Airlines plane in New York City . The gruesome discovery was made around 7:30 a.m. While Port Authority Police have majo...More..

Elon Musk says he's considering taking Tesla private
by | Tuesday, August 07, 2018

Elon Musk says he's considering taking Tesla private

Tesla now has a market value around $60 billion, which would make its take-private price tag about $80 billion, Galloway said. Unlike publicly listed companies, private firms do not have to share details of t...More..

Russia's Novak: Higher oil production in July aimed at market stability
by | Monday, August 06, 2018

Russia's Novak: Higher oil production in July aimed at market stability

U.S. West Texas Intermediate ( WTI) crude futures were at $68.87 per barrel at 0647 GMT, down 9 cents from their last settlement. The kingdom's oil production grew by 230,000 barrels a day in July, to 10.65 ...More..

War Threats Weigh on the Market
by | Saturday, August 04, 2018

War Threats Weigh on the Market

One person familiar with the internal deliberations said the U.S.is trying to secure certain concessions and if China agrees, it is possible the USA would back off additional tariffs. China has been accused o...More..

Wisconsin's 5-day sales tax holiday begins
by | Friday, August 03, 2018

Wisconsin's 5-day sales tax holiday begins

This year, the state's Back to School Sales Tax Holiday runs from 12:01 a.m. August 3 to midnight August 5 - that's this Friday through Sunday! Stocking up on new clothing , computers, electronics and even b...More..

Apple Becomes World's 1st Private-Sector Company Worth $1 Trillion
by | Thursday, August 02, 2018

Apple Becomes World's 1st Private-Sector Company Worth $1 Trillion

Apple's own "Stocks" app, which is based on Yahoo Finance data, also put the company's value at $1.01 trillion. Past year its sales hit $229bn, with profits of $48.4bn, making it the most profitable listed ...More..

Facebook Suffers Huge One-Day Drop in Market Value
by | Saturday, July 28, 2018

Facebook Suffers Huge One-Day Drop in Market Value

Mark Zuckerberg's loss of $15.8bn is equal to the total wealth of the world's 81st-richest person. Thoughts? Let us know what you think in the comments section below and stay tuned. Facebook's stock value c...More..

Trump planning emergency aid to farmers affected by tariffs
by | Saturday, July 28, 2018

Trump planning emergency aid to farmers affected by tariffs

He told reporters he entered Wednesday's meeting with the intention of reaching an agreement with Trump. Juncker's visit to Washington came during a rocky period in U.S. China, the European Union, Canada an...More..

Trump, EU president make joint statement amid trade tensions
by | Thursday, July 26, 2018

Trump, EU president make joint statement amid trade tensions

The increase in tariffs not only impacts the agricultural exports but also farming resources. "This is a short-term solution that will give President Trump and his administration time to work on long-term t...More..

European Union officials to meet Trump, wielding a $20-billion threat
by | Wednesday, July 25, 2018

European Union officials to meet Trump, wielding a $20-billion threat

The EU announced earlier that it would proportionally respond to American trade tariffs, as well as initiate proceedings as part of the World Trade Organization (WTO). Ebert is waiting to see the details of t...More..

US Challenges China, EU And Others At WTO Over Steel Tariffs
by | Saturday, July 21, 2018

US Challenges China, EU And Others At WTO Over Steel Tariffs

Why is China going to the WTO? Given the position of China and the USA as global economic superpowers, it is unsurprising that the U.S. accounts for the majority of the disputes that China is involved in. N...More..

PM May threatened rebels with a national election
by | Wednesday, July 18, 2018

PM May threatened rebels with a national election

Shadow Scotland Secretary Lesley Laird said the fact that no Scottish Conservative MPs rebelled against the government meant "Ruth Davidson's pledge that her MPs would stand up for Scotland was nothing short of...More..

Elon Musk's stunning 'pedo' Twitter tirade at hero British diver
by | Monday, July 16, 2018

Elon Musk's stunning 'pedo' Twitter tirade at hero British diver

Musk responded Sunday in a freaky series of tweets referring to Unsworth without using his name as "pedo guy". The freaky attack came after the rescue diver claimed that the mini-sub that Mr Musk built ...More..