Trading Ideas
Elon Musk: Tesla Model 3 dual-motor ordering opens next week
In a sign that Tesla’s Model 3 production continues to improve, CEO Elon Musk …read more […]
Articles by admin
Trading Ideas
As lava oozes, Hawaii officials say rest of island is open
Warnings that Hawaii’s Kilauea volcano could shoot boulders and ash out of its summit crater are prompting people to rethink their plans to visit the Big Island. Then as Kilauea’s magma shifted underground, a magnitude-6.9 earthquake rocked the Big Island. …read more […]
Business News
China’s ZTE paid over $2.3 billion to U.S. exporters last year, ZTE source says
(Reuters) – Chinese technology company ZTE Corp , which this month suspended its main operations after a U.S. Commerce Department ban on American supplies to its business, paid over $2.3 billion to 211 U.S. exporters in 2017, a senior ZTE official said on Friday.
Trading Ideas
China's ZTE paid over $2.3 billion to U.S. exporters last year, ZTE source says
ZTE paid over $100 million each to Qualcomm Inc , Broadcom Inc , Intel Corp and Texas Instruments , the official said. As one of the world’s largest telecom equipment makers, ZTE relied on U.S. companies such as Qualcomm and Intel for components. …read more […]
Business News
AT&T CEO: We made ‘big mistake’ hiring Cohen, chief lobbyist out
(Reuters) – AT&T Inc on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive said it was a “big mistake” to hire Michael Cohen, President Donald Trump’s personal attorney, for advice on working with the Trump administration.
Trading Ideas
Mexico faces prospect of failure in NAFTA talks
MEXICO CITY (AP) — The top trade representatives of the United States, Mexico and Canada ended the latest round of talks on renegotiating the North American Free Trade without a deal Friday, less than a week before an unofficial deadline to get any agreement through the U.S. Congress. …read more […]
Trading Ideas
Ring’s doorbell cam allowed video access after its password was changed
This is likely to be a bit of a black eye from Amazon, as the company looks to …read more […]
Business News
VMware CFO likely to turn down Uber finance chief job: WSJ
(Reuters) – VMware Inc’s Chief Financial Officer Zane Rowe has indicated he will turn down the offer to be become Uber Technologies Inc’s [UBER.UL] finance chief, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Business News
Foreign investment bill targeting China heads for Senate panel vote
WASHINGTON (Reuters) – A bill aimed at tightening oversight of foreign investment in the United States because of concern about China’s acquisition of critical technology is headed for a vote this month in the U.S. Senate Banking Committee, the panel said on Friday.
Business News
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest company EDP, offering a premium of just below 5 percent on the power firm’s closing stock price.
Business News
Trump urges automakers to build more vehicles in U.S., blasts NAFTA
WASHINGTON (Reuters) – President Donald Trump on Friday pressed automakers to build more vehicles in the United States and launched a fresh attack on the North American Free Trade Agreement that has benefited them, while the companies urged him to work with California to keep nationwide U.S. vehicle emissions standards.
Business News
Ford could reopen two U.S. truck plants next Friday: source
(Reuters) – Ford Motor Co could resume production of its best-selling F-150 pickups as early as Friday, May 18 in Dearborn and Kansas City, according to a source familiar with the automaker’s plans.
Business News
Takata’s defective air bags linked to 278 injuries in U.S.: Senator
(Reuters) – Takata Corp’s defective air bags have been linked to 278 injuries across the United States, according to updated figures released by U.S. Democratic Senator Bill Nelson of Florida, in advance of a hearing next week on the nomination of Heidi King to head the National Highway Traffic Safety Administration.
Business News
Ford to reopen two F-150 truck plants next Friday
(Reuters) – Ford Motor Co will resume production of F-150 pickups on Friday, May 18 at its Dearborn and Kansas City plants, according to a source familiar with the automaker’s plans.
Business News
Negotiators fail to reach NAFTA deal, Trump launches new attack
WASHINGTON (Reuters) – Senior American, Canadian and Mexican officials on Friday ended a week of talks without a deal to modernize NAFTA, agreeing instead to resume negotiations soon, ahead of a deadline next week issued by U.S House of Representatives Speaker Paul Ryan.