Articles by admin

Tesla (TSLA) CEO Elon Musk has revealed that the production of a 7-seat version of the Model Y will take place before the end of the year.In a Twitter post, Musk stated that production will begin ‘probably early Q4.’ According to Electrek, this would place the first deliveries around October or November of 2020. The publication also writes that the limited leg-room displayed by prototype models could ultimately see the 7-seat version having a rear-facing third row instead of front-facing.Tesla shares have exploded by 139% so far year-to-date. As a result, Goldman Sachs analyst Mark Delaney recently downgraded the stock …read more […]

(Bloomberg) — Bank of China Ltd. is discussing ending a credit facility to Germany’s Wirecard AG, a move that would complicate the beleaguered company’s fight for survival after it was engulfed by a multi-billion-dollar accounting scandal.China’s fourth-largest lender may write off most of the 80 million euros ($90 million) it’s owed and not extend the credit line, the people said, asking not to be identified as the discussions are private. Bank of China — one of a group of at least 15 commercial banks behind $2 billion in financing to Wirecard — plans to engage an external legal team to …read more […]

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Find out what the experts are predicting about mortgage rates. …read more […]

Apple Inc on Monday will hold its annual conference for software developers, rolling out new features in its operating systems for iPhones and iPads and possibly signaling a departure from Intel Corp’s almost 15-year run supplying Mac computer processors. Apple’s Worldwide Developer Conference comes as paid services sold through the App Store have become central to the Cupertino, California, company’s revenue growth as consumers have slowed the growth of iPhone upgrades. Apple takes a 15% to 30% cut of the sales developers make through the App Store, which is the only way to distribute software onto …read more […]

We can’t believe nobody else is talking about this.
If you have a 401(k)… you can now invest in private equity.
This is one of the biggest twists in retirement law since former Sen. Roth (the fellow behind Roth IRAs) stood up and said, “Hmmm… I have an idea.”
But this move didn’t go through Congress. It’s straight from the president.
It comes in the form of an executive order.
This one is No. 13924.
In Trump’s words, his aim is “to remove barriers to the greatest engine of economic prosperity the world has ever known: the innovation, initiative and drive of the American people.”
Private equity …read more […]

TikTok users say their videos helped drive down attendance at Trump’s Tulsa rally; the White House prepares for a second wave; China halts some chicken imports from Tyson over Covid-19 concerns. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Nicholas Kamm/AFP …read more […]

Hackers could be gearing up to attack another election, says this tech CEO. …read more […]

Top news and what to watch in the markets on Monday, June 22, 2020. …read more […]

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Airlines are struggling to coax passengers back into the skies, and one company is looking to help solve that problem — by giving flyers a breath of their own fresh air. …read more […]