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Economy

The two new Model 3 variants are available to buy now in the United States of America, with global sales set to start in around three to six months. "This is a game changer", Wedbush Securities analyst Daniel Ives said in a telephone interview. In January it had said it was "optimistic" about being profitable in every quarter of 2019.
  • Brexit: Theresa May heads back to Brussels for further talks

    Brexit: Theresa May heads back to Brussels for further talks

    Economy

    EU Commission spokesman Margaritis Schinas said "the EU27 will not reopen the withdrawal agreement", a condition that many British lawmakers are insisting on before they back a deal to have Britain leave the bloc on March 29. Mr Barclay and Attorney General Geoffrey Cox were said to have had a "productive" discussion with the EU's chief negotiator, Michel Barnier , in the Belgian capital on Monday.
  • Apple, Google under fire over Saudi app that lets men track women

    Apple, Google under fire over Saudi app that lets men track women

    Economy

    However, he noted that, "obviously we'll take a look at it if [the complaints about it are accurate]". In some cases, it has reportedly been used by men to stop women in their family from leaving the country. "I haven't heard about it", he told NPR . "American companies should not enable or facilitate the Saudi government's patriarchy", Wyden wrote , adding that the Saudi system of control over women "abhorrent".
  • Baby born on JetBlue flight to Florida inspires name change for plane

    Baby born on JetBlue flight to Florida inspires name change for plane

    Economy

    A drunk airline passenger who became incensed after finding out she was seated next to "a f***ing three-year-old", was kicked off the plane for spitting at passengers. "I called someone old because they were", Gonzalez said. A JetBlue worker blocked her, and in retaliation, Gonzalez reportedly hit the worker over the head.
  • Thousands to lose jobs as Honda shuts down only British factory

    Thousands to lose jobs as Honda shuts down only British factory

    Economy

    Such a move would put 3,500 on-site jobs "at risk", plus thousands more in the factory's nationwide supply chain. Honda has not yet officially commented on the reports, which first surfaced on Sky News on Monday February 18th. Although it was reported to be business-based decision by Honda , online commentators linked the expected shut-down to Brexit uncertainty. " Honda will be consulting with all staff and there is not expected to be any job losses, or changes in production until ...
  • European Union lawmakers invited by Guaido barred from entering Venezuela

    European Union lawmakers invited by Guaido barred from entering Venezuela

    Economy

    He has given the Maduro government until Saturday to let the shipments into the country, which is in the grip of a humanitarian crisis due to shortages of food and medicine exacerbated by hyperinflation. Trump also highlighted socialist governments in Cuba and Nicaragua, which also have large expatriate communities in the Miami area. "President Trump is two-faced on the Venezuela issue", said Florida Democratic Party Chairwoman Terrie Rizzo.
  • Payless is closing its 2100 U.S. shoe stores

    Payless is closing its 2100 U.S. shoe stores

    Economy

    The company has been trying to find a buyer, but so far Payless has been unsuccessful. The company struggled to manage debt taken on in a 2012 leveraged buyout by Golden Gate Capital and Blum Capital Partners, filing for bankruptcy protection in April 2017.
  • Tesla releases Sentry Mode protection against break-ins

    Tesla releases Sentry Mode protection against break-ins

    Economy

    The idea was implemented after a Twitter user asked if a pet safety feature could be implemented. The video recording begins 10 minutes before the incident, provided the owner has inserted a formatted USB drive into the auto before enabling Sentry Mode .
  • Surprise! Get Ready For JP Morgan Coin (UPDATED 2)

    Surprise! Get Ready For JP Morgan Coin (UPDATED 2)

    Economy

    He has previously labeled bitcoin one of the biggest scams in history. Last year, several big USA lenders including JPMorgan , banned the purchase of bitcoins by credit-card customers. JPM Coin is created to be used, at least initially, by major institutional customers, not individuals, although JPMorgan expects to roll it out to a broader range of customers later this year.
  • Amazon cancels New York City headquarters

    Amazon cancels New York City headquarters

    Economy

    After a year-long bidding battle between more than 200 cities across the USA for the development, which promises to bring 50,000 new jobs to the market, the online retail giant announced last November to split their second headquarters between Long Island City in NY and Arlington in Virginia.
  • US and China Meet for Final Trade Talks Before Deadline

    US and China Meet for Final Trade Talks Before Deadline

    Economy

    Jointly chairing the talks are Chinese Vice Premier Liu He, US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin . The two US cabinet officials will meet with Xi on Friday, the South China Morning Post reported, citing a source briefed on the arrangements.
  • Oil pushed up by deepening OPEC supply cuts, sanctions on Venezuela

    Oil pushed up by deepening OPEC supply cuts, sanctions on Venezuela

    Economy

    President Donald Trump's sanctions against Iran and Venezuela. "Expectations of lower American crude stockpiles added to the optimism". Most of that reduction has been thanks to Saudi Arabia. Oil prices have remained steady near $60 a barrel in London even as turmoil builds in Venezuela, as markets work through plentiful supplies accumulated previous year, the IEA said.