Elon Musk’s "Funding Secured" Tweet Just Cost Him & Tesla $40 Million

If we go all out tomorrow, we will achieve an epic victory beyond all expectations. Billionaire businessman Elon Musk has stepped down as the Chairman of Tesla following a tweet where he claimed he has the funding and investor support to buy th... More..

by | Published more than a month ago
by | Tuesday, October 02, 2018

Amazon to Raise Its Minimum U.S. Wage to $15 an Hour

The increase will apply from 1 November to all staff, full and part-time, as well as temporary and seasonal workers. The new wage will benefit more than 250,000 Amazon employees, plus over 100,000 seasonal em...More..

United States federal government sues California after it signs net neutrality law
by | Monday, October 01, 2018

United States federal government sues California after it signs net neutrality law

California is now set to wage a legal battle against the federal regulator that will decide the outcome of state-level net neutrality in the entire country. Scott Wiener, the law's author. Supporters of Net...More..

Tesla stock roars back after Elon's SEC deal
by | Monday, October 01, 2018

Tesla stock roars back after Elon's SEC deal

An army of Tesla-owning volunteers swooped in over the weekend to help deliver cars to new buyers while Musk cheered on his employees, telling them in emails to "ignore all distractions" and that they were on...More..

What Caused the Ripple (XRP) Price Surge? Announcement of xRapid's Release
by | Sunday, September 30, 2018

What Caused the Ripple (XRP) Price Surge? Announcement of xRapid's Release

While these relationships would suggest at least some of the banks have tried xRapid , it's not clear. It's a move that's bound to fire up conspiracy theorists, and it would be interesting to know how many l...More..

Facebook posts an ugly snapshot of Instagram's future
by | Wednesday, September 26, 2018

Facebook posts an ugly snapshot of Instagram's future

Facebook doesn't disclose how much money Instagram pulls in, though Wedbush analyst Michael Pachter estimates it'll be around $6 billion this year, or just over 10 percent of Facebook's expected overall revenu...More..

Oil rises on USA crude stock draw, supply concerns
by | Monday, September 24, 2018

Oil rises on USA crude stock draw, supply concerns

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 2.1 million barrels last week, mainta...More..

Passengers hurt after Jet Airways flight loses cabin pressure
by | Monday, September 24, 2018

Passengers hurt after Jet Airways flight loses cabin pressure

The affected passengers were being attended by the doctors at the airport. "All guests were deplaned safely and taken to the terminal". "I was sitting on an aisle seat when suddenly air pressure in the cabin ...More..

OPEC chief says Iran still ‘very important as U.S. sanctions loom
by | Saturday, September 22, 2018

OPEC chief says Iran still ‘very important as U.S. sanctions loom

In 2016, major producers both within and outside the Organization of the Petroleum Exporting Countries agreed to slash production in an attempt to boost prices following the 2014 oil market crash. Meanwhile, ...More..

Warning of $80 oil price as sanctions on Iran bite
by | Thursday, September 20, 2018

Warning of $80 oil price as sanctions on Iran bite

Brent futures rose as much as 1.4 per cent on Wednesday, while the United States crude benchmark added as much as 2.9 per cent. Oil prices fell on Thursday, reversing some of the strong gains from the previ...More..

Coke may move into cannabis-infused drinks
by | Tuesday, September 18, 2018

Coke may move into cannabis-infused drinks

Coke says these cannabis drinks appear to be gaining ground globally. The company said Monday that it's "closely watching" the use of CBD in "functional wellness" beverages. And the company is interested enoug...More..

Trump to impose tariffs on $200 billion in Chinese goods
by | Tuesday, September 18, 2018

Trump to impose tariffs on $200 billion in Chinese goods

After weeks of threats, Trump followed through with 10 per cent tariffs on US$200 billion in imports from China , which take effect Sept 24, and are on top of the US$50 billion already subject to 25 per cent d...More..

Oil set for weekly gain as supply risk weighed against trade war
by | Monday, September 17, 2018

Oil set for weekly gain as supply risk weighed against trade war

Oil processors in South Korea, Iran's top customer for South Pars condensate, halted Iranian oil liftings in July as banks, insurance and shipping companies wound down business related to Iran before USA sa...More..

Freeland to resume NAFTA negotiations with Lighthizer Tuesday in Washington
by | Friday, September 14, 2018

Freeland to resume NAFTA negotiations with Lighthizer Tuesday in Washington

When asked about Kudlow's comments, Foreign Affairs Minister Chrystia Freeland said bluntly: "He's not at the negotiating table". Meanwhile, despite the "several" issues still in dispute, there is strong wi...More..

Bezos: HQ2 Decision Coming By End of Year
by | Friday, September 14, 2018

Bezos: HQ2 Decision Coming By End of Year

Bezos said early childhood education is a critical area and that "the money spent there is going to pay huge dividends for decades". Washington Post owner and Amazon founder Jeff Bezos - no stranger to...More..

Congress Bharat Bandh evokes mixed response; BJP calls it failure
by | Tuesday, September 11, 2018

Congress Bharat Bandh evokes mixed response; BJP calls it failure

And diesel? Rs 77.92 per litre. Elsewhere in Maharashtra, in Thane petrol retailed at Rs 88.43 and diesel Rs 77.64, Mumbai was Rs 88.35 and diesel at Rs 77.56. The cut was based on the prices prevailing on Ma...More..

Tesla shares fall after Musk's pot smoke (video) plus exec departure
by | Monday, September 10, 2018

Tesla shares fall after Musk's pot smoke (video) plus exec departure

During the podcast interview, Rogan asks Musk about his 1961 Jaguar E-Type , the Boring company and.shares a smoke with Musk. San Francisco - The turmoil at Tesla reached a fever pitch on Friday as news ...More..

Obama demands return to 'sanity' in politics in second swipe at Trump
by | Monday, September 10, 2018

Obama demands return to 'sanity' in politics in second swipe at Trump

And the other comments Obama made at a Democratic rally in California didn't appear to impress Pirro either. 'We have the chance ... to restore some semblance of sanity to our politics. The speech was a pre...More..

Yet again, Tesla shares burned by barrage of awkward headlines
by | Sunday, September 09, 2018

Yet again, Tesla shares burned by barrage of awkward headlines

His past jokes about tweeting after taking Ambien and drinking wine didn't seem so amusing anymore, and he defended his use of the prescription sleep aid in a New York Times interview. Even in the cannabis in...More..

Trump turns up the heat in trade conflict with China
by | Saturday, September 08, 2018

Trump turns up the heat in trade conflict with China

Trump said on Air Force One that he was ready to launch tariffs on 200 billion dollars worth of imports in the coming days. Trump said he was not prepared to make a deal with China "that they'd like to mak...More..