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Stories about Business

Mar 17 2019

Tesla Unveils 7-Seater Model Y

Another important tip with the Model Y is that Tesla will release each Model Y auto at a different time. That did adjust the pricing, but still today Tesla is sel...

Mar 15 2019

Facebook recovering from global outage

In April Zuckerberg took questions for almost five hours in a Senate hearing without making any further promises to support new legislation or change how the social netwo...

Mar 12 2019

Tesla changes tack: More stores to remain open, prices rise to compensate

There won't be a price increase to the $35,000 version of the Model 3 , though costlier variants will be made more expensive. 'Over the past two weeks we have been clo...

Mar 11 2019

Five Canadians aboard fatal Ethiopian Airlines plane crash identified

He was a "towering figure in African and post-colonial scholarship", said the school's president, Benoit-Antoine Bacon. He had an "excellent flying record", GebreMariam s...

Mar 10 2019

Conservative Group Hits AOC with Ethics Complaint

Ocasio-Cortez, Chakrabarti and the lawyer representing the political committees deny wrongdoing. Critics say such entities allow both donors and vendors to mask their act...

Mar 10 2019

Users' privacy is the new focus, says Facebook

The move to encryption will prevent Facebook from collecting data about its users from their messages, but Zuckerberg said it will still continue to retrieve data fro...

Mar 09 2019

Trump’s trade wars lead to highest USA trade deficit in a decade

A year ago was market by Trump's trade war with China as the U.S. claimed it had unfair trade practices. He promised to turn things around by picking a few easy-to-wi...

Mar 08 2019

Huawei sues USA over security ban on firm's products

Instead, the USA government is driven by xenophobia and fear that Huawei's relationship with the Chinese government, which is normal in that country, will help that gover...

Mar 08 2019

Tesla will upgrade Superchargers to faster V3

The company is also rolling out a new feature called On Route Battery Warmup, which will heat your car's battery to the optimum temperature for efficient charging when yo...

Mar 04 2019

Lyft's IPO filing reveals almost $1B in net losses in 2018

Dual-class share structures are increasingly common among technology companies, although Uber got rid of its dual-class stock as part of a broader governance reform. Ub...

Mar 04 2019

Volvo's Polestar joins electric auto race with rival to Tesla 3

Polestar says this contributes to the rigidity of the vehicle and improves noise, vibration and harshness levels. Rather than flying in journalists from around the world...

Mar 03 2019

Powell says Fed not swayed by political attacks

In his testimony to the House Financial Services Committee , Powell says the Fed was setting set monetary policy "based on our best thinking and not political consider...

Mar 03 2019

A whopping 53 Victoria's Secret stores are set to close

L Brands CFO Stuart Burgdoerfer said the locations set for closure is based on "current and projected performance, sales, profit, cash flow", as well as the stores' effe...

Mar 02 2019

TikTok Hit With $5.7 Million Fine Over Child Privacy

TikTok must also comply with the Children's Online Privacy Protection Act , or COPPA , going forward and take down any videos uploaded by users under 13. Musical.ly was ...

Feb 27 2019

Elon's Latest Tweet Could Land Him In Trouble With The Law Again

Tesla did not respond immediately to a request for comment on the reported lawsuit. The SEC is claiming the tweets were in violation of his October agreement to st...

Feb 25 2019

Microsoft workers protest military use of HoloLens headsets

The public has come up with a variety of reactions to Microsoft employees questioning the visual augmentation contract from last November, whereby their top-notch engin...

Feb 24 2019

Minister insists 'Australia's trading relationship with China is strong'

The news had roiled markets on Thursday as it was seen as a sudden escalation of trade tensions between the two countries. Australia exported around 36 million t of...

Feb 24 2019

USA oil inventories increase last week

Crude oil output in the U.S. rose by 89,000 barrels per day (bpd) for the week ending February 15 to reach a new all-time record of 12 million bpd, according to the U.S....

Feb 24 2019

Venezuela: Clashes break out near Colombian border

Colombia's migration agency says soldiers from Venezuela's National Guard have left their posts along the border between the two countries . "I have made a decision to ...