Money

Tesla rallies after reporting better-than-expected quarterly revenue (TSLA)

Tesla claimed automotive revenue of approximately $3.4 billion in Q2 2018, and when its energy offerings were lumped in, that figure was closer to $4 billion ...


U.S. mulls 25% tariff on $200bn of Chinese goods, say reports

Washington and Beijing are locked in battle over American accusations that China's export economy benefits from unfair policies and subsidies while stealing Ame...


USA hits Turkey with new sanctions over detained minister

Last week, Ankara rebuked Trump's threats, which had been echoed by his Vice President Mike Pence. He faces up to 35 years in jail if found guilty. Reuters...


USDA gives a great excuse to skip the salad

According to CNN , the cyclospora parasite causes intestinal illness as a result of consuming contaminated food or water. Symptoms may include diarrhea, frequ...


RBI governor says rate hike is primarily to maintain 4% inflation target

This is the first time since October 2013, where RBI has gone for a back-to-back rate hike. In June, the repo rate or the benchmark lending rate was raised fo...


Chipotle sickness: Hundreds report possible illness after eating at Ohio restaurant

The website tracked reports with about a dozen customers in total claiming they became sick after eating at the Chipotle location, the report said. Delaware C...


Counterpoint: OnePlus 6 shipments beat Galaxy S9+ nearly 3:1 in India

The report also reveals that OnePlus, Samsung , and Apple accounted for 88% of the overall premium market, and while this seems like a big figure, a quarter ...


United States plans higher tariffs on US$200 billion in Chinese imports

Stock markets edged up globally on Tuesday on a report that the United States and China were seeking to resume talks to defuse the budding trade war . Beijing ...


Oil posts biggest monthly loss since 2016 as OPEC boosts output

USA crude futures CLc1 were down 44 cents, or 0.6 percent, at $68.32 a barrel, having dropped almost 2 percent on Tuesday. S. crude futures slumped about 7 perc...


Manchester Evening News publisher slashes value of its regional titles

The group also saw its like-for-like revenues fall by 7.2%, though total revenues rose by 10.5% to £353.8m following the acquisition of the Express & Star n...


MoviePass Hikes Prices, Limits Access to Blockbusters

The change will go into effect within the next 30 days, the company said. MoviePass said actions that have been implemented are now cutting their monthly ca...


OH to have a sales-tax holiday

The three-day sales tax holiday starts the first Friday in August, Aug. 3, at 12:01 a.m., and ends the following Sunday, Aug. 5, at 11:59 p.m. Retailers can n...


RBI in a tight spot, is expected to raise rates again

Which brings one to the important question of whether EMIs (equated monthly installments) on home, auto, personal and other loans are set to go up, now that t...


Deutsche Bank Steps Up Euro Clearing Move From London

However, since the Brexit vote, European rivals, including Deutsche Boerse-owned Eurex, have been making moves to steal London's crown. But if other banks w...


Gay couple bumped from airline seats to make room for straight couple

In a lengthy post shared to Facebook , David Cooley , the owner of the West Hollywood gay bar The Abbey , claims he and his partner were discriminated agains...


RBI hikes repo rate by 25 basis points

Ravindra H Dholakia voted against the decision. The last time, the central bank had effected a consecutive raise was in October 2013. Earlier in June, the Centr...


Durex recalls batches of condoms over split fears

Durex, owned by Reckitt Benckiser, has recalled some batches of its "Real Feel" and "Latex Free" condoms in the United Kingdom and Ireland due to concerns they ...


Nicaragua's Ortega rejects early elections, USA rebukes crackdown

Ortega said that the climate in the country has been improving since mid-July when opposition-led roadblocks ended and the state was allowed to restart essentia...


Worst quarterly loss in nine years for Tata Motors

It also ran into trouble in China, a key market, where it said wholesale buyers such as vehicle dealerships delayed purchases to wait for an import duty cut to ...


Uber Kills Self-Driving Truck Division, Clearing the Road for Tesla

Uber said on Monday that it wants to refocus on the self-driving auto programme, which was halted following a crash in which a Uber autonomous vehicle killed a ...


MoviePass Is Falling Apart And Subscribers Are Furious

MoviePass wasn't ideal, but ostensibly, they were trying to make the movie-going experience accessible to everyone, and were met with angry entitlement. On Fri...


Apple beats earnings estimates as iPhone sales climb

One day after Benjamin Geskin's dummy photos of the forthcoming iPhone X Plus and new LCD iPhone hit the internet , a pair of videos showing Apple's 2018 l...


MoviePass is raising its price and cutting access to blockbusters

The short answer is, it can't. After being forced to take out an emergency loan late last week to keep the operation afloat (the effectiveness of which was qu...


A humiliating Brexit deal risks a descent into Weimar Britain

Former England striker Gary Lineker has announced his support for a second Brexit referendum and said it was "more important than football". Some 42 percent o...


How Harley-Davidson plans to revamp itself amid flagging sales

While this will be Harley Davidon's first foray into the adventure motorcycle market, there's no denying that the company knows how to make comfortable touring ...


For Big Mac's 50th anniversary, McDonald's is giving away free burgers

The MacCoin , which was unveiled on Sunday by the fast food giant, will be available to customers in 14,000 participating stores in the USA and can be cashed i...


Tesla's latest product is a $1,500 surfboard, and it's already sold out

Much like Elon Musk's Boring Company Flamethrower , which launched back in January, this new product idea may seem like a joke at first. Tesla added surf...


Homeless man hands out resumes, gets hundreds of job offers

According to his CV, Mr Casarez holds a degree in management information systems from Texas A&M University and worked as a General Motors web developer in A...


Rancid smell of 'dirty socks' diverts Spirit flight

Jonathan Evans told news outlets between seven and 10 people complained of medical problems and one person was taken to a hospital after an 'odor developed in...


Toronto stock index falls on down day led by technology sector stumble

The Dow Jones Industrial Average index shed 51 points to hover at 25,476, led lower by Intel , Exxon Mobil , Microsoft , Visa and Cisco Systems . ENERGY: ...