Business

Starbucks to close all stores May 29 for racial-bias education

Starbucks to close all stores May 29 for racial-bias education Melissa DePino, whose video of the arrest went viral on social media, told ABC News the men were doing nothing more than sitting at a table when police officers entered the shop, put them in handcuffs and hauled them away. Starbucks will close the stores May 29 to offer the training to 175,000 employees, reported the New York Times . It is hoped that the training will prevent fur... [Full Article...]

Tesla Model 3 Moves to 24/7 Production

Tesla Model 3 Moves to 24/7 Production Tesla produced 9,766 Model 3s in the first quarter and missed a goal to build 2,500 of the sedans in the last week of March. Elon Musk said that the assembly process for the Model 3 relied too much on automation. Tomorrow, it will stop work at Fremont, for three to five days. After a similar shutdown in February, Model 3, about which Tesla released almost the same statement, production di... [Full Article...]

Morgan Stanley up 2.4% after topping estimates

Morgan Stanley up 2.4% after topping estimates FINRA issued shorted shares of MS's total 10.69 million shares. Wells Fargo & Company MN lifted its holdings in Morgan Stanley by 18.5% during the 3rd quarter. Conning Inc. now owns 37,427 shares of the financial services provider's stock valued at $1,200,000 after buying an additional 890 shares in the last quarter. [Full Article...]

Capitals-Blue Jackets, 1st Ld-Writethru,628

Capitals-Blue Jackets, 1st Ld-Writethru,628 Grubauer started Game 1 of the series , also a Washington loss, and allowed four goals on 27 shots. It was the Capitals' turn to prevail in OT, this time on the Blue Jackets' home ice, to pull to 2-1 in the best-of-seven series . Sweet goals, awesome saves and a double-overtime victor - this game had it all. The Washington Capitals are trying to be part of the 12 percent to defy expectations ... [Full Article...]

Canelo Alvarez suspended for 6 months for doping violations

Canelo Alvarez suspended for 6 months for doping violations The Mexican boxer twice tested positive for the performance-enhancing drug in February and was given his punishment at a hearing in Nevada on Wednesday. Alvarez has denied knowingly taking the prohibited substance and blamed the positive tests on contaminated beef, which has been an issue in Mexico for years.Ranchers have been known to use clenbuterol in their feed, even though it is also banned... [Full Article...]

Prime Minister encounters pipeline protest in London

Prime Minister encounters pipeline protest in London David Eby said government legal experts looked at the legislation Alberta tabled Monday and concluded it's unconstitutional, against the law and created to not be enacted. "We want to step back as an industry from there and just look at how do we move this project forward", he said. The Canadian Association of Petroleum Producers called the Alberta bill a "very strong tool" it hoped was not need... [Full Article...]

Dick's Sporting Goods destroys firearms it stopped selling

Dick's Sporting Goods destroys firearms it stopped selling But it takes a remarkable amount of expertise and knowledge (don't forget common sense) to be investing in these companies and being successful. Alternately, if the indicator goes under -80, this may show the stock as being oversold. Start focusing on ordinary profitability ratio which covers margins; DKS has a profit margin of 3.80%. Kbc Group Nv who had been investing in Dicks Sporting Good... [Full Article...]

United Kingdom inflation cools to one year low in March

United Kingdom inflation cools to one year low in March Pantheon Macroeconomics expects CPI inflation to continue to fall sharply towards 2 per cent later this year. Retailers have been struggling since the 2016 Brexit vote pushed the value of the pound down, and the cost of living rose. Inflation started to overtake wages in February previous year, squeezing incomes. A pound at 10.30am was worth $1.42, down from $1.43 before the inflation a... [Full Article...]

Excessive automation at Tesla was a mistake: Elon Musk

Excessive automation at Tesla was a mistake: Elon Musk Thirteen equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the company's stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website . The company has endured a number of difficulties recently, including production bottlenecks and severe mounting debt, but Mus... [Full Article...]

China, Japan seek to mend ties as Trump trade war looms

China, Japan seek to mend ties as Trump trade war looms The visit gives the leaders an opportunity to discuss Trump's upcoming summit with North Korea, which Japan eyes warily. Trump welcomed the two days of meetings at his private Mar-a-Lago club. Trump said on Twitter on Tuesday he looked forward to the meeting with Abe: "Working on Trade and Military Security". Abe instead wants to promise more Japanese direct investment in the U.S. [Full Article...]

Scientists Accidentally Create Super Enzyme That Can Devour Plastic Pollution

Scientists Accidentally Create Super Enzyme That Can Devour Plastic Pollution McGeehan and colleagues were examining the structure of the natural, PET-degrading enzyme when they found they could increase the degradation rate by manipulating the chemical structure of the enzyme. The team used the Diamond Light Source , near Oxford, UK, an intense beam of X-rays that is 10 billion times brighter than the sun and can reveal individual atoms. [Full Article...]

'Unusual demand' reason for cash crunch, says govt

'Unusual demand' reason for cash crunch, says govt Currency with the public excludes cash with banks, while currency in circulation includes notes in circulation, rupee and small coins, and deposits with commercial banks in current and savings accounts. Several netizens took to Twitter and expressed their disappointment over the issue. "Sir, with due respect the cash shortage in Banks & ATMs is neither sudden nor temporary". [Full Article...]

Here's how Facebook tracks you even when you're logged out

Here's how Facebook tracks you even when you're logged out To make login processes simpler, some websites allow users to log in to their platform using their Facebook credentials. Although much of this has been reported on before, until now, Facebook has not commented in detail on its activities. [Full Article...]

James Comey: 'Even in Private' Trump Won't Criticize Putin

James Comey: 'Even in Private' Trump Won't Criticize Putin It's about setting the stage for the impeachment of Donald Trump . "I just thought it was a weird enough experience for me to be talking to the incoming president of the United States about prostitutes in a hotel in Moscow". Jennifer Palmieri, who served as Clinton's communications director, told CNN on Sunday that Comey worked "very clearly outside of the bounds of how the Federal Bureau of ... [Full Article...]

International Monetary Fund says global economy will slow after 2019

International Monetary Fund says global economy will slow after 2019 While iPhones aren't physically exported from Ireland, the gadget giant's intellectual property is based here, which has led the authors of a report into smartphones and global trade to estimate that in value-added terms, iPhone exports accounted for 25 per cent of the Irish economy's growth in 2017. [Full Article...]

Supreme Court to hear case focused on online sales tax

Supreme Court to hear case focused on online sales tax Cuomo proposed the Internet Fairness Conformity Tax in the 2019 state budget, but lawmakers didn't include it in the final document). Overall there are 20 states where at least one third of their revenue is derived from sales taxes, said the report, highlighting how the expected June ruling will have bigger stakes in some states than others. [Full Article...]

Bevin apologizes for child sex abuse remarks

Bevin apologizes for child sex abuse remarks Matt Bevin's explosive remarks toward teachers . Bevin, whose veto of a two-year spending bill with a almost half-billion-dollar tax increase was overridden by fellow Republicans in the legislature, has recently sparred with teachers groups amid educator protests across the country fueled by claims of low pay and underfunded school systems. [Full Article...]

Goldman Sachs delivers impressive Q1 results on robust trading revenue

Goldman Sachs delivers impressive Q1 results on robust trading revenue Moreover, Parallax Volatility Advisers L P has 0.01% invested in The Goldman Sachs Group, Inc. The company's stock sank 4.52% while Essex Investment Management Co Llc sold 12,361 shares. Rival Morgan Stanley (MS), which reports results on Wednesday, rose 1.1%. Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. Munchener Ruckvers presently has an average rating of "Buy" and... [Full Article...]

Automobiles drive USA retail sales higher in March

Automobiles drive USA retail sales higher in March Economists surveyed by The Wall Street Journal expected a 0.3% increase. Retail sales-a measure of outlays at stores, restaurants and websites-increased a seasonally adjusted 0.6% in March from the prior month, the Commerce Department said Monday, beating economist expectations. [Full Article...]

Minutes Report Names Allegiant Air Possibly 'Most Dangerous' US Airline

Minutes Report Names Allegiant Air Possibly 'Most Dangerous' US Airline The company is now in the process of phasing out some of its older planes, such as the MD-80 that are known for having more mechanical issues than others. "Allegiant Air has experienced issues in the past, like any growing airline, but has worked to correct them". 60 Minutes also spoke to a pilot who claimed that he was sacked for an "evacuation that was entirely unwarranted" in a separate... [Full Article...]


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