Finance

Tesla has more than 3,000 Model 3 vehicles left in USA inventory

Tesla has more than 3,000 Model 3 vehicles left in USA inventory For Tesla ( TSLA ), the tax credit is winding down at a bad time. The tax credit for Tesla purchases ends in 2020. Musk even offered to deliver cars directly to customers homes or offices, instead having them drive to a Tesla showroom to take delivery. [Full Article...]

At least 6 people injured after jet bridge collapses at Baltimore airport

At least 6 people injured after jet bridge collapses at Baltimore airport Staff on Southwest Flight 822 from Punta Cana, Domincan Republic, requested paramedics meet them on the ground because a passenger had become sick on the plane. Personnel from the airport's Fire and Rescue Department responded, along with mutual aid, an airport spokesman said in a statement. As they exited, the jet bridge, which connects the plane to the terminal, collapsed. [Full Article...]

Cyberattack hits major USA newspapers and affects distribution

Cyberattack hits major USA newspapers and affects distribution It led to distribution delays in the Saturday edition of the Times, the Tribune, the Sun and other newspapers that share a production platform in Los Angeles . "A computer virus infected the business systems associated with the printing process". Tribune Publishing also reported the attack to the Federal Bureau of Investigation on Friday. [Full Article...]

Father books flights to spend time with flight attendant daughter

Father books flights to spend time with flight attendant daughter Their story was revealed by Mike Levy , a passenger on board one of those flights, who took a photo of father and daughter. Her father, Hal Vaughan , used Pierce's family benefits to fly with her on Christmas Eve. He broke his neck shortly after she graduated from flight attendant school. "While chatting with Hal, I mentioned I was heading back home". Her father's decision to spend the ... [Full Article...]

China customs gives green light for U.S. rice imports

China customs gives green light for U.S. rice imports Gao guaranteed that the United States and China have made specific arrangements for face-to-face consultations on January in addition to intensive telephone consultations. The U.S. will hold mid-level trade talks with China in early January, Bloomberg News reported Wednesday. Beijing this week announced a third round of tariff cuts , lowering import taxes on more than 700 goods from January 1 a... [Full Article...]

New Land Rover Defender Coming to U.S. in 2020

New Land Rover Defender Coming to U.S. in 2020 In fact, Land Rover gives nearly no details about the new Defender , aside from saying it will be a "revolutionary product" with a much larger appeal than the old models, and that it will have all the driver-assistance and tech features that customers expect from a modern vehicle. [Full Article...]

2 arrested over UK's Gatwick Airport drone chaos

2 arrested over UK's Gatwick Airport drone chaos Authorities also recovered a damaged drone , which comes after two suspects were released without charge on Sunday. These systems generated a number of false sightings, while the saturation of radio broadcasts around the airport made drones hard to detect. [Full Article...]

Boxing Day still offers allure to bargain shoppers

Boxing Day still offers allure to bargain shoppers While December 26 remains a popular shopping day, United Kingdom average footfall in high streets, retail parks and shopping centres for the period up to 4pm was 3.1% lower than for the same hours on Boxing Day 2017, retail intelligence specialists Springboard said. [Full Article...]

Sears to close Waco, Killeen stores

Sears to close Waco, Killeen stores In all, 80 Sears or Kmart stores have been earmarked to close in late March. This latest round of closings would take Sears closer to 400 remaining stores, not the 500 it was seeking to continue to operate. Some Sears creditors, including landlords and vendors, believe shutting down the company is the best way to retrieve the greatest portion of the money Sears owes them. [Full Article...]

Nebraska to bank more than $5 million from Wells Fargo settlement

Nebraska to bank more than $5 million from Wells Fargo settlement Wells Fargo paid a $185 million fine in 2016 as a penalty for the phony account scandal. Kentucky's share will be placed into the state's general fund for lawmakers to appropriate during the 2020 legislative budget session, Beshear said. It has also said that it sold insurance and other financial products to customers who didn't need them. Wells Fargo will create and maintain a website for consume... [Full Article...]

Sears at CherryVale Mall to close in March

Sears at CherryVale Mall to close in March Sears filed for Chapter 11 bankruptcy earlier this year and closed a number of stores in early November. Lampert, who is still the company's chairman, proposed buying the struggling retailer in full for $4.6 billion through his hedge fund ESL Investments - including 500 Sears and Kmart stores, store inventory and other assets. [Full Article...]

What you should know about NY minimum wage increase on December 31

What you should know about NY minimum wage increase on December 31 Ohio's new minimum wage will be worth just 72 percent of what the federal minimum wage was worth in 1968, $11.83 in today's dollars". The increase is part of a phase-in schedule that will eventually culminate with $15 per hour for affected workers. [Full Article...]

New rules for e-commerce: how they affect marketplace players, buyers

New rules for e-commerce: how they affect marketplace players, buyers With a new policy in place, these brands have to relook at their business strategy. Cash backs: These schemes ought to be fair and non-discriminatory, the new policy says. Such an ownership or control over the inventory will render the business into inventory-based model. Welcoming the move, Snapdeal CEO Kunal Bahl tweeted that "Marketplaces are meant for genuine, independent sellers, many... [Full Article...]

US stocks surge in best rally since March 2009

US stocks surge in best rally since March 2009 During Christmas , the e-commerce giant said that it reached record high sales, pushing the stock price of Amazon up 7.1 percent on the day. Wall Street staged a swift, last-minute turnaround Thursday that rescued stocks from a steep dive and put the market on track to end a topsy-turvy, volatile week with a gain. [Full Article...]

As of late afternoon, no CenturyLink ETA for restored Internet service

You can also call the 10-digit police or fire department number for your specific area. "Our network is experiencing a disruption affecting customer services", CenturyLink tweeted . Company spokeswoman Linda Johnson said CenturyLink is trying to find solutions. "We know how important these services are to our customers and we are working to restore services as quickly as possible". [Full Article...]

Amazon breaks own records this holiday

Amazon breaks own records this holiday Amazon customers used Alexa - and ordered voice-enabled devices - more than ever before this holiday season, signaling that the age of voice tech has truly arrived. Glam Glitter Series Doll with 7 Surprises, Nerf-n-Strike Elite Strongarm Blaster, Melissa & Doug Scratch Art Rainbow Mini Motes with Wooden Stylus, Crayola Inspiration Art Case and LEGO Creator Mighty Dinosaurs Toy. [Full Article...]

Fed chair's job is not in jeopardy: White House economic adviser

Fed chair's job is not in jeopardy: White House economic adviser Bottom line: Trump's ego and his economic team's incompetence not only threaten the stock market , but could tank the whole economy. Mr Trump's comments came after Asian markets suffered a holiday rout on fears about the USA economy and an ongoing government shutdown in Washington that began last Saturday. [Full Article...]

Nikkei enters bear market as Japanese equities face worst December ever

Nikkei enters bear market as Japanese equities face worst December ever Nobuhiko Kuramochi, investment information's chief at Mizuho Securities Co.in Tokyo said, "It's just like panic selling, the equity markets are pricing in concerns over a slowdown in the global economy and a downward revision in corporate earnings in advance". [Full Article...]

Wall St rebounds overnight: ASX set to open higher

Wall St rebounds overnight: ASX set to open higher London's FTSE was little changed, Germany's DAX fell 0.7 percent and France's CAC was up 0.6 percent. "Wall Street is running around like a chicken with its head cut off, while Mr. Market watchers said investors were initially buying on the dip, or taking advantage of lower or cheaper stock prices, pushing the market up. Chris Weston of Pepperstone Group Limited said in a market commentary. [Full Article...]

Model 3 demand looks very strong into 2019 and beyond: Wedbush Securities

Model 3 demand looks very strong into 2019 and beyond: Wedbush Securities But Tesla CEO Elon Musk doesn't think that's fair a deal for his customers. How Tesla will cover that $3,750 difference for late deliveries is unclear, but if Tesla gets back to us with more details, we'll update this story. As if the biggest of the Big Three in Detroit wasn't trying to catch up to Tesla, Elon Musk made a decision to add insult to injury with a well-worded tweet. [Full Article...]


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