No Picture
Trading Ideas

Tesla shares drop on report that it asked suppliers for refunds

Tesla has asked some suppliers to refund money paid by the electric car maker since 2016, the Wall Street Journal reported on Sunday citing a memo. The memo, which the paper said was sent by a global supply manager, described the request as essential to Tesla’s continued operation and characterized it as an investment in the car company to continue the long-term growth between both players. Tesla could not be immediately reached for comment, although the WSJ quoted the company as confirming it is seeking price reductions for projects, some of which date back to 2016. …read more […]

No Picture
Trading Ideas

Iran dismisses Trump’s explosive threat to country’s leader

Iranians on Monday shrugged off the possibility that a bellicose exchange of words between President Donald Trump and his Iranian counterpart could escalate into military conflict, but expressed growing concern America’s stepped-up sanctions could damage their fragile economy. In his latest salvo, Trump tweeted late on Sunday that hostile threats from Iran could bring dire consequences. Within hours, Iran’s state-owned news agency IRNA dismissed the tweet, describing it as a “passive reaction” to Rouhani’s remarks. …read more […]

No Picture
Trading Ideas

Deadly LA market shooting started with domestic feud

Gene Evin Atkins, 28, was booked Sunday on suspicion of murder after an explosion of violence that a relative said may have been brewing for weeks. Melyda Corado, 27, was shot to death Saturday at a Trader Joe’s market in the Silver Lake neighborhood after a gunfight that shattered the store’s glass doors, witnesses said. My world,” her brother, Albert Corado said on Twitter. …read more […]