• Tesla to stop selling $35,000 Model 3 online
Tesla to stop selling $35,000 Model 3 online

And a standard Model 3 costing US$35,000 just became harder for customers to actually order. " Tesla is now facing a reckoning", said Jessica Caldwell, executive director of industry analysis at car-shopping researcher Edmunds. The California-based firm said in a statement that Chinese customers can now order a standard range Model 3 variant w...

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  • Times Jeff Bezos Tried To Warn Us Amazon Is Listening
Times Jeff Bezos Tried To Warn Us Amazon Is Listening

According to a Bloomberg report , Amazon uses voice recordings to improve Alexa's functionality and to help develop new features for the smart speaker . Alexa software is created to continuously record snatches of audio listening for its wake word , Bloomberg alleged, adding that clips assessed by workers included what they believed to b...

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  • Fisher-Price 'Rock 'n Play Sleepers' officially recalled after infant deaths
Fisher-Price 'Rock 'n Play Sleepers' officially recalled after infant deaths

The CPSC said the recall involved 4.7 million Fisher-Price Rock 'n Play Sleepers. In it's statement , the AAP said it does not recommend "inclined sleep products like the Rock n' Play, or any other products for sleep that require restraining a baby".

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  • House passes net neutrality bill with no hope of becoming law
House passes net neutrality bill with no hope of becoming law

After the FCC repealed net neutrality laws back in 2017, The Daily Caller released a video on YouTube, where Ajit Pai argued that removing the laws would "restore internet freedom" and wouldn't prevent users from continuing to practice their daily activities online.

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  • Jet Airways cancels three flights for Friday
Jet Airways cancels three flights for Friday

An agency report quoting a source said, " Jet Airways flights to London, Amsterdam and Paris from Mumbai , New Delhi and Bengaluru scheduled for April 12 are cancelled for operational reasons". As per rules, an airline needs to have a minimum of 20 aircraft to be eligible to operate worldwide flights. According to a second official, the minis...

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  • Uber Files Public Offer Documents, Could Seek $100 Billion Valuation
Uber Files Public Offer Documents, Could Seek $100 Billion Valuation

Uber's IPO is just the latest trouble for Lyft , which has endured an unenviable first few days as a public company having attracted skepticism about its market share growth, revenue expansion and optimistic valuation. Uber said it operates on six continents with some 14 million trips per day and has totalled more than 10 billion rides since it ...

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  • International Monetary Fund revises up China's 2019 growth forecast from 6.2 to 6.3%
International Monetary Fund revises up China's 2019 growth forecast from 6.2 to 6.3%

The report also estimated that Iran's economy, the second largest in the region behind Saudi Arabia, shrunk by 3.9 percent in 2018, as opposed to 1.5 percent projected earlier. This has been done taking into consideration other downside risks, including a possibility of tensions related to trade flaring up again, and possible disruptions in globa...

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  • OPEC: Venezuela’s Low Oil Output Tightened Market Supplies
OPEC: Venezuela’s Low Oil Output Tightened Market Supplies

But the group said that the market remained oversupplied and warned of slowing demand growth, according to S&P Global Platts. Current oil demand stands at around 100 million bpd. Meanwhile, close market watchers have predicted that oil price would continue to leap in the coming weeks, mainly because of crises in major oil and gas producing nation...

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  • James Packer's $10b casino deal with Las Vegas gambling giant falls through
James Packer's $10b casino deal with Las Vegas gambling giant falls through

Both companies had previously confirmed the talks. But it plunged to A$12.55 in early Sydney trading Wednesday, from A$14.05 at the close on Tuesday, after Wynn said overnight it had "terminated all discussions with Crown" due to their "premature disclosure".

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  • American Airlines extends Max-caused cancellations to June 5
American Airlines extends Max-caused cancellations to June 5

All of Boeing's 737 Max planes were grounded after the crash in Ethiopia last month. American, for its part, also believes the grounding may last that long, and canceled flights on the affected plane through at least June 5 on Monday.

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  • Fiat to pay Tesla in a deal to meet European Union emission standards
Fiat to pay Tesla in a deal to meet European Union emission standards

It would seem that by counting Teslas cars, which produce zero emissions, FCA will be able to bring down its average to a permissible level. The automaker formed an open pool with Tesla on February 25, the FT said, citing a declaration with the European Commission, allowing FCA to include Tesla vehicles to help lower its average emissions acros...

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  • The Best and Worst Day to Get Gas For Your Car
The Best and Worst Day to Get Gas For Your Car

I believe the peak price that we face will likely be in the next month, then prices should trail off as long as there are no unforeseen issues". Friday is the busiest day, with - not surprising - 5:00 p.m. Have you seen gas prices lately? "California will soon be home to something not seen in almost five years: a statewide average of over $4 pe...

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  • Tusk suggests Brexit delay of up to year
Tusk suggests Brexit delay of up to year

British MPs have rejected a deal May negotiated with the European Union three times, but the PM is now in talks with the opposition Labour party to try break the deadlock. She met French President Emmanuel Macron in Paris and German Chancellor Angela Merkel in Berlin for talks ahead of the summit. The reason for the change was unclear, though conce...

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  • Worrying times for Lancashire Debenhams workers as department store goes into administration
Worrying times for Lancashire Debenhams workers as department store goes into administration

The retailer's lenders have seized control of the company, however, under the pre-pack administration passed through by the department store, the business will continue to operate. Debenhams said in a statement: "The board confirms that it received a revised, highly-conditional, proposal from Sports Direct in the early hours of 9 April, which indic...

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  • Bezos remains the richest man in the world after divorce
Bezos remains the richest man in the world after divorce

If MacKenzie Bezos sells her shares, the buyer would have to enter into an agreement with Jeff Bezos to grant him the rights to vote those shares, according to the filing with the Securities and Exchange Commission. really one of the best". The tweet concluded with: "She is resourceful and brilliant and loving, and as our futures unroll, ...

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  • Canada Sheds Jobs in March: StatsCan
Canada Sheds Jobs in March: StatsCan

MA added 20,300 jobs from From February 2018 to February 2019. "The 196,000 jobs added in March shows the USA economy is not stalling out, something investors were anxious about following February's disappointing numbers". For Canada, the jobless rate stayed the same at 5.8 per cent. The accuracy of last month's unemployment rate is plus or m...

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  • UK’s May meets Labour leader for Brexit compromise talks
UK’s May meets Labour leader for Brexit compromise talks

The dramatic move came as MPs in parliament failed again to reach a consensus on what path to follow on Brexit . In an about-face that left pro-Brexit members of May's Conservative Party howling with outrage, May sought to forge an agreement with left-wing Labour Party leader Jeremy Corbyn after failing three times to win Parliament's back...

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  • European Union leaders lukewarm on British PM's Brexit extension request
European Union leaders lukewarm on British PM's Brexit extension request

She's requested an extension to the Brexit process until June 30, but says if MPs agree to a deal, the United Kingdom should be able to leave before European parliamentary elections are held on May 23. Mr Tusk offered the proposal saying, "The only reasonable way out would be a long but flexible extension". In a letter to European Council Preside...

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  • Trump wants Herman Cain for Fed board
Trump wants Herman Cain for Fed board

Trump has been a vocal and strident critic of the Fed's rate hikes under Jerome Powell, whom the president picked two years ago to chair the USA central bank. Four current Fed board members were appointed by Trump, including Chairman Jerome Powell, an appointment Trump apparently regrets. Minutes of meetings during that period, obtained by Reu...

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  • UK Chancellor Philip Hammond says second Brexit referendum must be considered
UK Chancellor Philip Hammond says second Brexit referendum must be considered

Labour has called for any departure deal to ensure the protection of the "exact same benefits" as the United Kingdom now has as a member of the EU's single market and customs union. Mr Farage also accused the Prime Minister and parliamentarians of trying to "kill Brexit stone dead". Britain's upper House of Lords is set to resume debate on the...

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