Economy

Tesla sold about 25,000 Model S and Model X vehicles worldwide in the first quarter compared with 617,000 by Ford in the United States and 690,000 GM cars and trucks in the first three months. Elon Musk owned almost 19 percent of the bedraggled solar panel company before the merger. Tesla's stock run-up also demonstrates Musk's magnetic power, he said: "People are definitely enamored with Elon Musk and Tesla".
  • Passenger dragged off United flight plans legal action

    Economy

    Two officers tried to reason with the man before a third came aboard and pointed at the man "basically saying, 'Sir, you have to get off the plane, '" said Tyler Bridges, a passenger whose wife, Audra D. United Airlines CEO Oscar Munoz has apologized for the incident. The dragging has turned into a public-relations nightmare for the entire industry, not just United, and led to calls from politicians and consumer advocates to suspend or ban overbooking.
  • Power problem leaves train stuck in Hudson River tunnel

    Power problem leaves train stuck in Hudson River tunnel

    Economy

    NJ Transit Northeast Corridor train #3850 departed Trenton at 1:44 p.m., and was scheduled to arrive at Penn Station New York at 3:15 p.m. Riders were seeing delays of about two hours due to the disabled train. NJ Transit was already operating on a modified holiday schedule. Check the latest Amtrak updates here . Penn Station was packed with commuters when the incident unfolded.
  • United Air passenger says scorpion bit him on flight from Texas

    Economy

    The airplane had flown to Houston earlier in the day from Costa Rica, according to FlightAware, a flight-tracking platform. 'Something fell on my head so I grabbed it. Scorpion stings are painful but are usually harmless to humans. Though there's no word on where the scorpion came from (though it's assumed it was merely a stowaway), this surely won't be a trip Richard Bell soon forgets.
  • Tesla Inc (TSLA) Model 3 Final Unveil Will Take Place in July

    Economy

    It would make sense considering Tesla is rapidly pushing for autonomous driving and the potential impact of the technology on the trucking industry. On Thursday, Musk said in response to a Twitter question that the pickup truck would be unveiled "in 18 to 24 months" and that the new roadster in the works would be a convertible.
  • Next-generation aircraft carrier: builder's sea trials done

    Next-generation aircraft carrier: builder's sea trials done

    Economy

    It's not quite the Navy's boat yet, but she took a big step in that direction this past week during builder's sea trials during which testing was done on the ship's systems, components and compartments at sea for the first time. While undergoing trials, the Ford came to the aid of a sailor in distress on board another ship. "I'm ecstatic and could not be prouder of the ship's successful performance".
  • United says it won't use police with bumped passengers

    United says it won't use police with bumped passengers

    Economy

    Dao , his family, the passenger on the flight, our customers, our employees, that is not who our family at United is", said Munoz. The letter follows an incident Sunday in which United requested that four volunteers disembark from a full plane on the tarmac in Chicago to make room for company employees.
  • Switch, Zelda smash American Nintendo launch sales records

    Economy

    That's a pretty good situation for Nintendo to be in as they hang their hopes on making the Switch the success that the Wii U failed to be. The news of sales number is revealing how well not only the Switch is doing but also Zelda . In the first month, the Switch has nearly outsold the Xbox One and is close to the PS4. Per SuperData's projections, Switch will shift over 7.2 million consoles in 2017, putting it over halfway toward the Wii U's total install base that took four-plus years to ...
  • 'Conflict could break out at any moment' over N Korea: China

    Economy

    A White House foreign policy advisor said Friday that the United States is assessing military options in response to North Korea's weapons programs, saying another provocative test was a question of "when" rather than "if". North Korea's official name is the Democratic People's Republic of Korea. And the USA has dispatched an aircraft carrier into waters off the Korean Peninsula.
  • Delta will pay you up to $10000 to give up your seat

    Delta will pay you up to $10000 to give up your seat

    Economy

    A storm had caused a lot of travel chaos for Delta Airlines, with a number of delays and cancellations meaning running flights were under pressure. It's no surprise airlines would want to beef up the incentives for customers they need to bump from flights.
  • Wells Fargo to claw back $75m from former executives after sales scandal

    Economy

    It also led to the ouster of then-CEO John Stumpf - who, it was announced Monday, would be required to return some $28 million in compensation for failing to heed warnings of abuses in the company. Sen. Elizabeth Warren (D-Mass.) holds up copies of Wells Fargo earnings call transcripts as she questions John Stumpf , chairman and CEO of Wells Fargo .
  • Trump repeals ISP privacy rules

    Economy

    Trump's signature comes a few days after both houses of Congress narrowly voted to stop the rules, which were adopted a year ago but had not yet taken effect. While proponents of the FCC rules said it gave customers greater control over what ISPs can do with their data, Republican opponents argued it stifled innovation and gave internet giants such as Facebook, Google and Twitter an unfair advantage to collect more data to create targeted advertising.