Business

Tesla CEO Elon Musk drops Harambe rap song

Tesla CEO Elon Musk drops Harambe rap song Tesla attributed the slowdown to challenges associated with taking the Model 3 to China for the first time. Tesla's stock price sank more than 9% in after-hours trading leading into Thursday's session. Erratic Tesla CEO Elon Musk just released a rap song paying tribute to a dead gorilla. "The now clear incongruence of CEO outlook statements with official company guidance may hurt the ... [Full Article...]

Detained again, Nissan ex-chief Ghosn says latest arrest is outrageous

Detained again, Nissan ex-chief Ghosn says latest arrest is outrageous It is part of another attempt by some individuals at Nissan to silence me by misleading the prosecutors . He added: "Why arrest me except to try to break me? I will not be broken", he said. A former Renault and Nissan CEO facing a series of financial misconduct charges was arrested again last night, according to Japanese media. But even if that resentment lay behind the initial charges,... [Full Article...]

Jeff And Mackenzie Bezos Have Settled The Most Expensive Divorce Ever

Jeff And Mackenzie Bezos Have Settled The Most Expensive Divorce Ever In a tweet , MacKenzie Bezos said she is giving Jeff Bezos all her interest in The Washington Post , the newspaper that he bought in 2013, and Blue Origin , the space exploration company he founded. She is also granting him 75 percent of their shared Amazon stock, including voting control. Jeff also released a similar statement on Twitter Thursday, praising his ex as "an extraordinar... [Full Article...]

540 million Facebook users' records left exposed, security firm says

540 million Facebook users' records left exposed, security firm says When Facebook was alerted about the issue of storing information on public databases, they worked with Amazon to take them down as reported by Bloomberg . "We are committed to working with the developers on our platform to protect people's data". "As Facebook faces scrutiny over its data stewardship practices, they have made efforts to reduce third-party access", the UpGuard post says. [Full Article...]

UK Cabinet still seeking way forward on Brexit

UK Cabinet still seeking way forward on Brexit Downing Street would not say whether Tory MPs would be allowed free votes on the options. The group behind the bill, which also includes former Tory chair Dame Caroline Spelman, Commons Brexit Committee chair Hilary Benn, former attorney general Dominic Grieve and Liberal Democrat Norman Lamb, hopes once it has passed the Commons it could be approved by the House of Lords and granted Royal Assen... [Full Article...]

With British government, parliament and people divided, a disorderly Brexit looms

With British government, parliament and people divided, a disorderly Brexit looms Sturgeon said this was a " potential trap " and that the sensible way forward would be for Britain to take part in upcoming European elections and then to seek a longer delay and allow for a public vote on whatever parliament agrees. It was rejected even after May won over some pro-Brexit lawmakers by promising to quit if it was approved. Mrs May's gambit also seeks to put her back in char... [Full Article...]

Oil hits 2019 high on OPEC cuts, concerns over demand ease

Oil hits 2019 high on OPEC cuts, concerns over demand ease The United States is keen to see that Malaysia, Singapore and others are fully aware of illicit Iranian oil shipments and the tactics Iran uses to evade sanctions, a top USA sanctions official said on Friday. The world's biggest exporter, Saudi Arabia, over-delivered on the group's supply-cutting pact while Venezuelan output fell further due to US sanctions and earlier power outages. [Full Article...]

USA struggling with growing number of asylum seekers

USA struggling with growing number of asylum seekers At times during the year, as much as 100 percent of avocados in the United States come from Mexico because, among other reasons, the country's growing season lasts all year. The president's tweets came after similar threats to close the Southern Border , with Trump accusing Mexico and Central American nations of doing "nothing" as illegal immigration surges. [Full Article...]

Whole Foods realizes it's still expensive, cuts prices again

Whole Foods realizes it's still expensive, cuts prices again Beginning Wednesday, Whole Foods said customers will find lower prices on hundreds of items throughout the store with an emphasis on seasonal produce, including greens, tomatoes, tropical fruits and more. WSJ reported that these cuts will include more than 500 items and could last through the end of the year. "Every time a customer walks into a Whole Foods Market, they expect and trust indust... [Full Article...]

Amazon CEO Jeff Bezos' phone hacked by Saudis, investigator says

Amazon CEO Jeff Bezos' phone hacked by Saudis, investigator says In a blog post on February 7, Bezos alleged that American Media, threatened to publish embarrassing photos of himself and a woman who wasn't his wife. Ever since Khashoggi disappeared at the Saudi consulate in Istanbul, The Washington Post has been producing near-constant coverage of the case. [Full Article...]

Aramco's Giant Profit Dwarfs Joint Earnings of 163 Saudi Stocks

Aramco's Giant Profit Dwarfs Joint Earnings of 163 Saudi Stocks The planned bond sale follows the announced acquisition of a 70 percent stake in Saudi Basic Industries Corp (SABIC) from Saudi Arabia's Public Investment Fund (PIF) in a deal worth $69.1 billion. Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. Given Aramco is fully state-owned, its ratings are in li... [Full Article...]

Burger King Testing Whopper With Vegan Patty Starting Today

Burger King Testing Whopper With Vegan Patty Starting Today Louis goes smoothly". The usual Whopper toppings are included on the no-meat patty. If you think this sounds a like an April Fools' Day prank, you are not alone. "We wanted to make sure we had something that lived up to the expectations of the Whopper", said Chris Finazzo, Burger King North America's president. [Full Article...]

Bradley flights back to normal following software glitch with Southwest, JetBlue, United

Bradley flights back to normal following software glitch with Southwest, JetBlue, United The delay hit Southwest shortly after 7 a.m. ET, forcing the ground stop that lasted until 7:45 a.m. The Federal Aviation Administration said the issues originated from a flight planning weight and balance program . Sisic said shortly before noon. "A brief third-party technology issue that prevented some Delta Connection flights from being dispatched on time this morning has been resolved... [Full Article...]

Erdogan`s AKP leads in Istanbul, Ankara in Turkish local election

Erdogan`s AKP leads in Istanbul, Ankara in Turkish local election Turkey's local election results appear to have dealt a blow to Turkish President Tayyip Erdogan's ruling Justice and Development Party (AKP). Sunday's election came amid an economic downturn and was widely seen as a referendum on his leadership. [Full Article...]

Google adds Snake to Maps for April Fools' Day gag

Google adds Snake to Maps for April Fools' Day gag Google integrated the game Snake into maps for the week of April Fool's. Users should make sure the app is up to date with and they can find the latest version of the app either in Google Play or in the App Store. Instead of animated snakes , the game represents different cities with buses and trains for users to choose from. To play, you just swipe the four cardinal directions to stimulat... [Full Article...]

Brexit chaos returns to Parliament for more indicative votes

Brexit chaos returns to Parliament for more indicative votes May is considering one last push, pitting her deal against whatever is agreed upon by Parliament, in hopes that hold-out Brexiteers would back her deal rather than a softer option. Another risk is that a summit of European Union leaders on April 10 might decide there is no sure way out of the stalemate, and refuse Britain a further year-long extension to sort itself out. [Full Article...]

Huawei vows to ‘shake off’ pressure as network business takes a hit

Huawei vows to ‘shake off’ pressure as network business takes a hit Huawei has repeatedly denied such accusations, going as far as to sue the USA government, but this hasn't stopped Washington from placing pressure on its allies to adopt a similar stance. Washington has been urging allies to restrict or ban the use of Huawei equipment in their 5G networks, alleging Beijing could use the company's products to spy on other nations. [Full Article...]

Turkish opposition set to seize Ankara, Izmir in major setback for Erdogan

Turkish opposition set to seize Ankara, Izmir in major setback for Erdogan Erdogan's AKP suffered a blow in local elections with the ruling party set to lose the capital Ankara and risking defeat in Istanbul . Think your friends would be interested? Votes are still being counted in Istanbul where the race for mayor is said to be "too close to call". [Full Article...]

Lyft Kicks Off IPO With USD 24.3 Billion Valuation

Lyft Kicks Off IPO With USD 24.3 Billion Valuation But, across the pond in the USA, it is a different picture. Later today, Lyft will be first out the gates with its IPO , just weeks ahead of Uber which has plans to list in April. From its earliest days, Uber aggressively outraised Lyft by billions of dollars, employing tactics such as prohibiting prospective investors who reviewed Uber's financial data from investing in the smaller competito... [Full Article...]

Huawei says 2018 sales top $100B despite USA pressure

Huawei says 2018 sales top $100B despite USA pressure Overall revenue grew 19.5 percent while sales in Huawei's consumer business, consisting largely of smartphones, surged 45 percent. The technology is meant to vastly expand mobile networks to support self-driving cars, medical devices and factory equipment, but that makes it more politically sensitive. [Full Article...]


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