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Elon Musk: About 150,000 orders thus far for Tesla Cybertruck

“146k Cybertruck orders so far, with 42% choosing dual, 41% tri & 17% single motor”, Musk said in a tweet, adding separately that the orders were achieved without any advertising or paid endorsements. At the launch, Musk had taken aim at the design, power and durability of mainstream trucks, only to be shaken when the windows of Tesla’s new vehicle shattered while being tested. With a starting price of $39,900, the Cybertruck’s angular body in gun-metal gray resembles an armoured vehicle. …read more […]

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Barron’s Picks And Pans: Pfizer’s New Identity, Electric Vehicles, Hong Kong Exodus — And Is The Bull Market About To End?

This weekend’s Barron’s cover story takes a look at Pfizer Inc. (NYSE: PFE) as it seeks to take a new direction. Other featured articles consider whether the bull run on Wall Street may end next year, and a look at the prospect of a major merger in financial services. Also, a look at an effort to put a speed bump into the market to slow high-speed transactions. …read more […]

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UPDATE 1-Novartis nears deal to buy U.S. biotech firm Medicines Co for about $7 bln- WSJ

Swiss drugmaker Novartis AG is nearing an agreement to acquire U.S. biotechnology firm The Medicines Co for about $7 billion, the Wall Street Journal reported https://on.wsj.com/2qveZtj on Saturday. The deal, in which Novartis has agreed to pay $85 a share, could be announced this weekend, the Journal reported, citing people familiar with the matter. Novartis declined to comment. …read more […]

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Business News

U.S. and China can still clinch phase 1 deal by end year: U.S. national security adviser

United States national security adviser Robert O’Brien said on Saturday that a phase 1 trade agreement with China is still possible by the end of the year, while warning that President Donald Trump would not turn a blind eye to what happens in Hong Kong.

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Charitable Giving: How to Support the Causes That Resonate With You Most

In a recent survey, 97.8% of Wealthy Retirement readers indicated that they engage in charitable giving.
These readers should feel proud of their efforts. While 77% of American adults believe that everyone can make a difference through charitable giving, only 30% step up and give.
For this reason, while the country grows wealthier, charitable giving has grown only one-third as fast.
Luckily, there are more ways to give now than ever before – and to give of our talents as well as from our wallets.
In our survey, the majority of respondents (92.9% and 79%, respectively) indicated that their giving includes direct financial or …read more […]