Finance


Tesla, NTSB clash over Autopilot investigation Tesla, NTSB clash over Autopilot investigation
- April 15, 2018

Walter Huang was killed when his Model X SUV crashed on March 23 into a concrete lane divider on Highway 101 in Mountain View, California. The reason behind the NTSB's decision is that Tesla violated the agreement of the investigation by releasing information before it was confirmed and approved by the NTSB. (more...)
JP Morgan's first-quarter profit easily tops expectations JP Morgan's first-quarter profit easily tops expectations
- April 14, 2018

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of JPMorgan Chase by 8.4% in the 3rd quarter. The financial services provider reported $2.37 EPS for the quarter, topping the Zacks' consensus estimate of $2.28 by $0.09. (more...)
Volkswagen Group CEO to be replaced soon Volkswagen Group CEO to be replaced soon
- April 13, 2018

Shares in Volkswagen surged in Tuesday afternoon trading, adding as much as five percent on the day before paring their gains to around 4.0 per cent at a price of 170.84 euros around 3:30 p.m. The issue with restructuring VW lies with a tug a war between interested parties including the controlling families, stakeholders, and unions. Kilian, who works directly under labor boss Bernd Osterloh, will replace personnel chief Karlheinz Blessing, the sources said, giving workers representatives ... (more...)
Hulu, Spotify team up to offer bundle package Hulu, Spotify team up to offer bundle package
- April 13, 2018

For just $12.99/month, you'll get access to Spotify Premium and Hulu's base plan that includes limited commercials. If you're someone that has a PS4 and now subscribes to Sony's premium online service PlayStation Plus , then for a limited time you can get a discount on your Spotify subscription by purchasing it through your console. (more...)
A3 parents speak out at school board meeting A3 parents speak out at school board meeting
- April 13, 2018

They did, however, agree to continue meeting with the District 1 board. "These are veteran teachers who want to be here", says Cuevas. With 14 retirements expected by the end of the school year, Robinson said, the district is hoping to save $540,000 in salaries. (more...)
People already want Theresa May to stop the sugar tax People already want Theresa May to stop the sugar tax
- April 08, 2018

Ireland's sugar tax is earmarked for May 1. Professor Nava Ashraf, from the London School of Economics, is a leader in the field of behavioural economics. This could also increase their prices in pubs and restaurants too. "I think that is a matter for parents to decide for themselves and the tax system should be there to raise the venue the country needs to pay its way". (more...)
US Job Growth Slows Much More Than Expected In March US Job Growth Slows Much More Than Expected In March
- April 07, 2018

Economists had expected the report to show 185,000 jobs were created in March while the unemployment rate was expected to fall to 4%, according to estimates from Bloomberg. A broader measure of unemployment that includes discouraged workers and those holding part-time positions for economic reasons - the underemployed - fell two-tenths of a point to 8 percent, its lowest reading in 11 years. (more...)
Delta and Sears hit by cybersecurity breach Delta and Sears hit by cybersecurity breach
- April 06, 2018

The awkwardly named software company informed Delta and Sears on March 28 that a breach occurred from September 26 to October 12, 2017. Given that its average daily volume over the 30 days has been 8.42M shares a day, this signifies a pretty noteworthy change over the norm. (more...)
Spotify shares jump 13% on stock exchange debut Spotify shares jump 13% on stock exchange debut
- April 05, 2018

Tencent Music is reportedly preparing for an initial public offering later this year. Among the majors, Sony had the largest share in the company, with about 5.7 percent, according to Spotify's prospectus. Investors considering buying shares should take a long-term view and ensure their holding is only a small part of a well-diversified portfolio, ' commented Laith Khalaf, senior analyst at stock broker Hargreaves Lansdown. (more...)
Anthony Joshua defeats Joseph Parker via unanimous decision Anthony Joshua defeats Joseph Parker via unanimous decision
- April 04, 2018

After beating Joseph Parker via unanimous decision , Anthony Joshua says he'd want to fight Deontay Wilder or Tyson Fury . Parker's trainer backed up his fighter's claim that the referee's ability to understand English was not up to scratch. (more...)
Trump Slams California Governor for Pardoning Convicts Facing Deportation Trump Slams California Governor for Pardoning Convicts Facing Deportation
- April 03, 2018

Now in Trump's most recent Twitter rampage, he condemns the governor for pardoning five immigrants. While the deportation proceedings are not halted due to the pardons, the state convictions which determine federal authorities' decisions on deportations are eliminated. (more...)
USA stocks open mixed as tech concerns weigh on Wall Street USA stocks open mixed as tech concerns weigh on Wall Street
- April 02, 2018

Amazon bounced back to end the day up 1.1 percent despite further criticism by President Donald Trump that the company does not pay enough taxes and a 4.6 percent loss during trading hours. Also gaining were tech giants Facebook, up 4.4 per cent and Tesla, up 3.2 per cent. Facebook has been under pressure over a consumer data scandal and Tesla following a fatal auto accident California. (more...)
Under court order, Walker calls for special elections Under court order, Walker calls for special elections
- March 30, 2018

Walker on March 28 reversed course and said he would not ask the Wisconsin Supreme Court to delay a court order that he call special elections to fill the legislative vacancies. But Democrats say he's afraid Democrats will win, especially after the party pulled off an upset victory in a special state Senate election in December. (more...)
Shanghai Sept crude futures turnover eclipses Brent in early trade Shanghai Sept crude futures turnover eclipses Brent in early trade
- March 29, 2018

China's yuan-denominated crude oil futures have launched in Shanghai, and were up sharply in the first day of trading. "Rightly so, China would want to play a more active role in influencing the price of crude oil". It is more of a game changer for the US. On the other hand, global stocks, which have proven to be a significant influence on crude prices, came off six-week lows due to expectations that the USA and China will soon begin trade talks rather than undertake an all-out trade war. (more...)
Amazon Stock Falls On Trump Tax Rumors Amazon Stock Falls On Trump Tax Rumors
- March 29, 2018

Andra Ap-Fonden sold 3,368 shares as Genuine Parts Co (GPC)'s stock declined 6.84%. The institutional investor held 829,582 shares of the technology company at the end of 2017Q4, valued at $10.59M, up from 434,082 at the end of the previous reported quarter. (more...)
Waymo Adding Up to 20K Jaguar SUVs to Self-Driving Taxi Fleet Waymo Adding Up to 20K Jaguar SUVs to Self-Driving Taxi Fleet
- March 28, 2018

The company has plans to roll out a ride service to the public in the Phoenix area in the coming months, with plans to later launch it more widely. Previously using Chrysler's Pacifica people-carrier and Google's pod auto - dubbed the "clown car" by some - and even a giant Peterbilt truck, the addition of the I-Pace is a crucial step forward both for Waymo but even more so for Jaguar , as it becomes the first established OEM to take the EV fight to Tesla and take the high ground as a ... (more...)
Mamata Banerjee to meet Sonia Gandhi, Sharad Pawar and Kejriwal in Delhi Mamata Banerjee to meet Sonia Gandhi, Sharad Pawar and Kejriwal in Delhi
- March 28, 2018

They may have been reduced to less that 50 seats in the Lok Sabha, but Congress is still a national party and seen as principle opposition to the BJP. "Will certainly go if they ( Mayawati and Akhilesh Yadav) call us to Lucknow", she said. Replying to a query, Banerjee said she has been exchanging messages with Rahul Gandhi According to a senior NCP leader, Banerjee favoured forming a "federal front" to defeat the BJP without involving the Congress. (more...)
JD Sports to buy USA sportswear retailer Finish Line JD Sports to buy USA sportswear retailer Finish Line
- March 28, 2018

JD is the leading European retailer of sports, fashion and outdoor brands. "We are extremely excited to be joining up with Finish Line , a well-established USA operator", said Peter Cowgill , Executive Chairman of JD. On completion of the acquisition, the company will focus on bringing JD's highly differentiated multi-channel retail proposition to the United States market. (more...)
Remington, One of America's Oldest Gun Makers, Files for Bankruptcy Remington, One of America's Oldest Gun Makers, Files for Bankruptcy
- March 27, 2018

It also faced political and financial backlash after the Sandy Hook shooting in CT left 20 first-graders and six educators dead in 2012. The company's biggest creditors are Pension Benefit Guaranty Corporation and The Marlin Firearms Company Employees' Pension Plan. (more...)
Elon Musk's Father Errol Says Child with Stepdaughter Was 'God's Plan' Elon Musk's Father Errol Says Child with Stepdaughter Was 'God's Plan'
- March 27, 2018

When the market takes a dive and your portfolio value goes down, what you're really looking at is a loss on paper (or, these days, a loss on your computer screen). Tesla ( NASDAQ TSLA ) traded up $2.68 on Monday, hitting $304.22. Well, it looks like a little insane runs in the family. The Tesla, Inc . has shown a weekly performance of -6.16% and monthly performance stands at -12.89%. (more...)