• Elon Musk to buy United States dollars 65m of SolarCity's solar bonds
Elon Musk to buy United States dollars 65m of SolarCity's solar bonds

However, it did not disclose the cumulative amount raised through bond offering. The 6.5 percent bonds will be senior unsecured obligations of the company, and will be due in February 2018. The deal was announced on August 1 and is part of an effort by Tesla to improve economies of scale in electrical energy management systems, battery production a...

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  • Oil Prices Slip on Reports out of Iraq
Oil Prices Slip on Reports out of Iraq

U.S. crude jumped 70c, or 1.4%, to $48.11. Now, prices are once again testing $50, but the rally has lost momentum as disrupted supplies from Nigeria and Iraq threaten to come back online. Oil extended its biggest loss in three weeks before the release of USA crude inventory data on Wednesday, while Goldman Sachs Group Inc. cautioned that any OPEC...

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  • In latest hedge, Trump says immigration laws can be softened
In latest hedge, Trump says immigration laws can be softened

If there's one illegal immigration prescription for which Trump has unwaveringly stood by, it's his pledge to build a wall on the southern border. Already, GOP senators in IL and Wisconsin are widely considered unlikely to survive in November.

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  • Speedo pulls out of sponsorship deal with Ryan Lochte
Speedo pulls out of sponsorship deal with Ryan Lochte

Speedo said it would be donating a $50,000 portion of Lochte's fee to Save The Children, a global charity partner of Speedo USA's parent company, for children in Brazil. " Ralph Lauren continues to proudly sponsor the US Olympic and Paralympic Team and the values that its athletes embody". Brazilian officials said the swimmers were actually hel...

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  • Drake Reignites Meek Mill Feud, Calls Him A
Drake Reignites Meek Mill Feud, Calls Him A "P***y" Onstage

Meek Mill has since been involved in legal trouble, confined to house arrest from February until June this year after violating parole relating to a conviction of drug dealing and gun possession that dates back to 2008. 'I'ma let y'all ni***s know right now, we 100, 200 deep, ' he said in one IG video. Again, while it's still unclear if the group...

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  • Feds release new heavy-truck emission rules
Feds release new heavy-truck emission rules

That's why we support the new Phase II standards for medium and heavy-duty trucks . However, she suggested that tractor-trailers should recoup those costs in about two years while owners of large pickup trucks and vans should achieve payback in about three years.

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  • Augmented reality is a 'core' technology for Tim Cook's Apple
Augmented reality is a 'core' technology for Tim Cook's Apple

Apple's Tim Cook tells The Washington Post about the "lonely" job of CEO. They thought they couldn't achieve anything. If you have ten minutes to kill, check out the full interview at The Washington Post . Both Donald Trump and Hillary Clinton have different views on how to change the corporate tax issue, but Cook said they can at least agr...

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  • Turkish and Russian presidents meeting raise eyebrows
Turkish and Russian presidents meeting raise eyebrows

An "axis" between Moscow and Ankara would be a victory for Putin, also in terms of resolving the Syrian crisis. "Russia and Turkey are important strategic partners for Kazakhstan". "Some of the pilots who were involved in the downed Russian jet incident are remanded in custody right now", Cavosoglu said. Cooperation is to be increased on severa...

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  • Ruby Tuesday shares sink after earnings miss, 95 store closures announced
Ruby Tuesday shares sink after earnings miss, 95 store closures announced

The chain operates 724 Ruby Tuesday restaurants in 44 states and 14 foreign countries. The company will offer employees impacted by closures positions in nearby restaurants where possible. While the company said it expects business to remain tough for some time, it suggested sales would improve over the course of the year, projecting same-resta...

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  • Amid campaign turmoil, Trump allies urge him to get back on track
Amid campaign turmoil, Trump allies urge him to get back on track

The sales increase came as Trump and the Khans engaged in a public back-and-forth regarding Trump's statement about the speech . In an interview with CBS News , Byrne said she didn't think Pence answered her question. Flanked by veterans and families who've lost loved ones at war, Inslee then called on his gubernatorial opponent to di...

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  • Concerns on Make in India campaign have come true, says Raghuram Rajan
Concerns on Make in India campaign have come true, says Raghuram Rajan

The Reserve Bank of India Governor Raghuram Rajan delivered no surprises in its last monetary policy meeting while keeping the key policy rate unchanged at 6.50 percent. This will cease to exist going ahead as the subsequent policy announcements regarding interest rates will be made by an independent six member committee appointed by government of ...

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  • Guy Survives Plane Crash, Wins $1M Days Later
Guy Survives Plane Crash, Wins $1M Days Later

Less than a week after he survived a crash-landing at the Dubai airport, the 62-year-old expatriate from India has found out that he had won a $1 million jackpot. He told The Newsminute : "I have no great plans about how to spend the money". A third family, Jijy George and his wife, Daliya David and two children, lost seven bags, some of which...

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  • Tesla to merge with solar power company SolarCity
Tesla to merge with solar power company SolarCity

Tesla has announced that it will merge with SolarCity , creating a 30,000-employee entity it claims will be "the world's only vertically integrated sustainable energy company". The deal is also contingent on a green light from shareholders as well as financial regulators. Shares in Tesla rose US0.09 to US234.80 in morning trading in NY, but S...

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  • Tesla posts second-quarter loss, misses expectations
Tesla posts second-quarter loss, misses expectations

Analysts said that they can excuse production problems now as long as the company gets on track by the time subsequent models are set to be produced by the hundreds of thousands. Production on the Model 3, its first mainstream electric auto, and building its battery factory have proven more expensive than anticipated. That would put the company c...

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  • Oil rises on fresh calls for production freeze
Oil rises on fresh calls for production freeze

There are no specific plans to renew the failed April agreement with non-members to freeze oil production, they said. He agreed with Al Sada's view that oil demand will be higher in the second half compared with previous year. WTI in NY averaged $40.79 - down $1.87 - for the week, while Brent crude traded in London averaged $42.97 - down $1.32 ce...

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  • Facebook hates ad blockers so much it now blocks them
Facebook hates ad blockers so much it now blocks them

Andrew Bosworth , the chief of advertising at Facebook told Business Insider , "This isn't something that we need or are motivated to do for revenue, this is something that we really believe in.For us, it's a very principled stance on how Facebook should be delivered".

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  • Hillary Clinton's campaign fires a warning shot at Donald Trump over
Hillary Clinton's campaign fires a warning shot at Donald Trump over

He lacks self-control and acts impetuously. Trump also proposed a 15 percent tax rate for businesses. Clinton quickly accused Trump of offering "super big tax breaks" to huge companies and rich people and disputed his claim that she wanted the middle class to pay more.

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  • China warns UK: Don't dump $23B nuclear power project
China warns UK: Don't dump $23B nuclear power project

Liu Xiaoming said the delay in approving the scheme has brought the nations to a "crucial historical juncture". It is reported that British Prime Minister Theresa May is concerned about the security of the project due to China's involvement.

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  • Delhi Government Favours GST, Could Be First State To Clear Bill
Delhi Government Favours GST, Could Be First State To Clear Bill

GST , hailed as the most powerful tax reform that India has seen, aims to do away with multiple-tax regime on goods and services and bring them under one rate. "The "kacha bill" and "pakka bill" system in our country has helped mobilise black money", PM Modi stated. "We can not predict specifically any such thing.

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  • Vail Resorts to take over Whistler Blackcomb
Vail Resorts to take over Whistler Blackcomb

The deal is expected to close in the fall. Dave Brownlie, CEO of Whistler-Blackcomb Holdings, said the takeover would help his company fulfill its plans to grow and give it greater marketing exposure. Vail said it plans to integrate Whistler Blackcomb into its Epic Season Pass and other season pass products for the 2017-18 winter season. Vail R...

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  • Brazil slipped even against Iraq in Olympics
Brazil slipped even against Iraq in Olympics

Brazil's next opponent is Denmark , who downed South Africa 1-0 in the second round of the group games. Such a thought should inspire the men's Brazilian football team, as getting knocked out at these Olympics in the group stage would, without a doubt, be the biggest upset possible at these games.

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  • Stocks soar on strong jobs report
Stocks soar on strong jobs report

All but two of the S&P's 10 sectors were higher by the end of the day, with financials posting the largest gain of 1.8% amid speculation that the Federal Reserve may now have room to raise interest rates after the jobs data. Facebook's stock rose 1.6% to $124.50 and was the biggest driver of the S&P and the Nasdaq . SECURITY: Security software...

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  • 14 bodies recovered from India bridge collapse site
14 bodies recovered from India bridge collapse site

The Indian Navy, along with 25 cadet divers, and the NDRF with a team of 50 rescuers have resumed search operations. "A judicial inquiry will be conducted", Fadnavis said replying to a discussion on the issue in the state Assembly. Mumbai: Today, 3 August midnight at 1am a disaster had happened at Mumbai-Goa Highway. The administration is ascerta...

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  • Time Warner beats on second-quarter earnings, misses on revenue
Time Warner beats on second-quarter earnings, misses on revenue

Investing in the future of streaming media and pay TV, Time Warner spends $583 million for an equity stake in Hulu in an all-cash transaction. At the same time, Time Warner is facing the dual problem of cord-cutting and rising programming costs.

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  • Oil Prices Snap Back Above $40
Oil Prices Snap Back Above $40

Oil traded near $41 a barrel after USA gasoline supplies fell the most since April, retreating from the highest seasonal level in at least two decades. The commodity settled at $40.06, down 3.7% for the day. Supplies rose to 521.1 million barrels through July 22, keeping them more than 100 million barrels above the five-year average.

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  • McDonald's revamps menu ingredients after consumer pressure
McDonald's revamps menu ingredients after consumer pressure

Other products free of artificial preservatives are pork sausage patties, omelet-style eggs served on items like breakfast sandwiches, and scrambled eggs. The chemical composition of high-fructose corn syrup, derived from corn, is almost identical to that of sugar, and it is unclear whether natural sugar is indeed healthier.

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  • Murdoch replaces Ailes at Fox News
Murdoch replaces Ailes at Fox News

The news comes after former anchor Gretchen Carlson filed a sexual harassment lawsuit against him, followed by multiple women who gave similar claims, including Megyn Kelly. Any sign that Fox was losing its tough, take-no-prisoners attitude without Ailes could at least raise suspicions with its loyal fans. Ailes' departure has been widely spe...

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  • USA approaches to peak of oil export zone
USA approaches to peak of oil export zone

On July 26, Brent and WTI hit their lowest since April, at $43.27 and $41.68 per barrel, respectively, after U.S. government data revealed a surprise buildup in crude and gasoline inventories. reporting second-quarter earnings last week that were worse than estimated. Over the past five years, their demand for oil has dropped an average of 1.2 mi...

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  • Aberdeen Asset Management says will vote against SABMiller, AbInbev deal
Aberdeen Asset Management says will vote against SABMiller, AbInbev deal

SABMiller Chairman Jan du Plessis said the board's decision was hard given changes in circumstances since the board originally recommended the offer in November. " SABMiller's chairman has played hardball, extracting the highest price from AB InBev ", the business daily wrote. SABMiller also offers AB InBev critical market access in the La...

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  • NextEra agrees to buy Texas electric giant Oncor for $18.4B
NextEra agrees to buy Texas electric giant Oncor for $18.4B

The definitive agreement is part of an overall plan of reorganization that is created to allow EFH to emerge from Chapter 11 bankruptcy. Florida-based NextEra Energy has unveiled a deal to buy Oncor, Texas' largest electric transmission company.

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  • The Loneliest Clinton: Struggling Investor Marc Mezvinsky Makes DNC Debut
The Loneliest Clinton: Struggling Investor Marc Mezvinsky Makes DNC Debut

She was quick to fire back with, "It would be that question: 'How would your father do that '". For those unswayed by the testimonials and touching anecdotes of others, only Clinton can make the case for why she deserves a second look. Hillary laughed. "Easy question!" They are also parents to Arabella Rose Kushner, 5, and Joseph Frederick Kushne...

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  • China Tells Local Governments to Promote Ride-Hailing
China Tells Local Governments to Promote Ride-Hailing

First, it creates a legal framework for both ride-hailing services, something which countries in Europe and many states throughout the USA haven't been able to figure out. "This is a welcome step in a country that has consistently shown itself to be forward-thinking when it comes to innovation". Uber has had its offices raided and was accused of ...

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  • Amazon Q2 Earnings Skyrocket
Amazon Q2 Earnings Skyrocket

Sales on this day, mind you, weren't even included during the recent earnings report. Amazon Web Services, the company's cloud computing division, generated $2.9 billion in revenue in the second quarter of 2016, up 58% from a year earlier.

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  • Revised offer by AB InBev
Revised offer by AB InBev

The pound has collapsed in value versus the dollar since the June 23 vote, falling more than 10% to 1.31 United States dollars. SABMiller said its chairman talked with his counterpart at AB InBev on Friday about the offer in the light of exchange rate volatility and market movements, although they did not discuss the new terms.

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  • Fiat Chrysler revises sales, shows streak ended in 2013
Fiat Chrysler revises sales, shows streak ended in 2013

Securities and Exchange Commission and the U.S. Department of Justice. FCA US maintained Tuesday that the previously inflated auto sales figures did not impact its reported revenues in financial statements. Sales also declined in August 2015 (one percent) and May 2016 (seven percent). That means the string of monthly year-over-year increases actu...

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