Month: July 2018

Amazon poached more Microsoft executives from 2015 to 2017 than any other tech company, CNBC reports, citing the data-collecting startup Paysa. Microsoft is known for churning out quality employees, but while other tech giants took two (Apple and eBay) or five (Google) execs in those three years, Amazon managed to poach 30. Proximity most likely has a lot to do with the migration, but Amazon’s innovation and compensation are said to also be deciding factors, especially for employees who have already spent years at Microsoft. …read more […]

Ready or not, change is coming to the House Democrats. It’s not just that some of the Democrats, like 28-year-old Alexandria Ocasio-Cortez, are young and progressive. Or that many are women entering politics who want to fight President Donald Trump. …read more […]

Tesla appears to have produced nearly 5,000 Model 3 electric vehicles in the …read more […]

Tesla Inc nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the midnight goal set by Chief Executive Elon Musk, two workers at the factory told Reuters. It was not clear if Tesla could maintain that level of production for a longer period of time. Musk said the company hit its target of 5,000 Model 3s in a week, according to an email sent to employees on Sunday afternoon and seen by Reuters. …read more […]

Tesla Inc nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the midnight goal set by Chief Executive Elon Musk, two workers at the factory told Reuters. It was not clear if Tesla could maintain that level of production for a longer period of time. “I think we just became a real car company,” Musk wrote. …read more […]

With Sling TV and YouTube TV raising prices in recent months, you knew it was …read more […]

Canada began imposing tariffs Sunday on $12.6 billion in U.S. goods as retaliation for the Trump administration’s new taxes on steel and aluminum imported to the United States. Some U.S. products, mostly steel and iron, face 25 percent tariffs, the same penalty the United States slapped on imported steel at the end of May. Other U.S. imports, from ketchup to pizza to dishwasher detergent, will face a 10 percent tariff at the Canadian border, the same as America’s tax on imported aluminum. Trump had enraged Canada and other U.S. allies by declaring imported steel and aluminum a threat …read more […]

President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran. The president, in an interview with Fox News’ “Sunday Morning Futures with Maria Bartiromo,” also said he would not complete a new NAFTA trade deal with Canada and Mexico until after the November congressional elections. Trump, who is spending the weekend at his golf property in New Jersey, said in a tweet on Saturday that Saudi Arabia’s …read more […]

The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing slightly higher Tuesday as healthy gains melted away in the final hour of trading. Energy companies … …read more […]

The day after Antwon Rose Jr. was shot through the cheek and elbow and in the back, killing the 17-year-old honors student, young black people swarmed the East Pittsburgh police station. Rose’s killing is the first in the Pittsburgh area in the Black Lives Matter era, and residents are galvanized. From the sustained marches to the swift announcement that Officer Michael Rosfeld will face charges of criminal homicide, what has unfolded in the hills of western Pennsylvania’s steel country is a rare response to the killing of an unarmed black male, despite longstanding tensions in the area between …read more […]