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Economy

Tesla Inc. ( TSLA ) shares took a hit Monday following reports that a Minnesota man crashed his auto while engaged in the vehicle's "autopilot" semi-autonomous feature. Drivers can take their hands off the wheel, but only for short periods. After discussing the crash with his fellow passengers, he now believes that he disengaged Autopilot by stepping on the accelerator before the crash.
  • Chick-Fil-A tests new 'Family Style Meals' in 3 cities

    Chick-Fil-A tests new 'Family Style Meals' in 3 cities

    Economy

    That's because the chicken chain is now testing out family-style meals, TODAY has learned. The fast food chain announced that they are testing family-style meals and two new sides - mac and cheese and bacon baked beans - in three cities starting on Monday.
  • Uber now offers tipping for Detroit drivers

    Uber now offers tipping for Detroit drivers

    Economy

    To mark the occasion, the ride-hailing service said it will match every tip given by riders to drivers across the country on Tuesday, including in Buffalo. "It starts with tipping, which is now available in the Uber Driver app". A press release sent out by the company said that tipping has always been desired by drivers but the new tip feature is optional for riders.
  • Summit Midstream Partners, LP (NYSE:SMLP) Receives $28.50 Average PT from Analysts

    Economy

    EnLink Midstream Partners, LP has a 52-week low of $15.07 and a 52-week high of $19.89. As of the last earnings report the EPS was $1.29 and is estimated to be $1.44 for the current year with 177,317,000 shares presently outstanding. Gendell Jeffrey L owns 240,112 shares or 0.54% of their U.S. portfolio. Investors looking to make big gains in the equity market may be looking to fine tune an existing strategy or create a whole new one.
  • Cess rates make cigarettes costlier

    Cess rates make cigarettes costlier

    Economy

    The new tax rate is part of a new Goods and Service Tax (GST) unveiled on July 1 in the country's biggest tax reform in the 70 years since independence. Hence, it made a decision to increase the compensation cess on all cigarettes. The fixed tax will be raised between Rs 485 and Rs 792 per thousand sticks from midnight Monday.
  • Liverpool resurrect their interest in Virgil van Dijk

    Liverpool resurrect their interest in Virgil van Dijk

    Economy

    The 26-year-old Netherlands worldwide central defender, who is now working his way back to full fitness after suffering a season-ending foot injury against Leicester in January, has been heavily linked with a move away from St Mary's this summer.
  • Barclays Qatar trial set for January 2019

    Barclays Qatar trial set for January 2019

    Economy

    The trial of four former Barclays executives charged with fraud in relation to emergency fundraisings in 2008 has been scheduled for January next year. The charge alleges they conspired together with Barclays Plc "to commit fraud by making a false representation, namely within documents relating to Barclays" capital raising of October 2008, intending to make a gain, namely or cause loss to another, or exposing another to a risk of loss'.
  • US North Korea sanctions bill targets Chinese garment firm

    US North Korea sanctions bill targets Chinese garment firm

    Economy

    Continued North Korea provocations, however, is pushing Washington toward stepping up unilateral sanctions, a move Beijing has opposed. North Korean leader Kim Jong Un said he would never negotiate his weapons programs unless the US abandons its hostile policy toward his country.
  • BlackRock, Inc. (BLK) Posts Earnings Results, Misses Estimates By $0.12 EPS

    BlackRock, Inc. (BLK) Posts Earnings Results, Misses Estimates By $0.12 EPS

    Economy

    The firm bought 711 shares of the asset manager's stock, valued at approximately $273,000. B & T Capital Management DBA Alpha Capital Management acquired a new position in shares of BlackRock, Inc . Finally, Wells Fargo & Company reaffirmed a "market perform" rating and issued a $425.00 price objective (up previously from $380.00) on shares of BlackRock in a research note on Wednesday, July 12th.
  • Shocking!!! Uber driver dies after his vehicle was torched

    Shocking!!! Uber driver dies after his vehicle was torched

    Economy

    Meter taxi drivers demand that Uber taxis be subject to regulations, saying the taxi- hailing app has had a negative effect on their business. The violent feud between Uber and meter taxi drivers has claimed its first murder. "We know that these actions do not represent the entire industry, however, this violence and intimidation against those who choose to use technology apps, like Uber, must stop", Uber said.