Business

Tesla releases less expensive Model 3

The Model 3 sedan now being offered by Tesla can travel about 260 miles between charges and costs $45,000, some $4,000 below the starting price of the sedan t...


Federal Reserve unanimously backed higher interest rates, despite Trump

The Fed rate has slowly been ratcheting up as the economy has strengthened so they can battle the next economic calamity. In the Treasuries market, the 10-yea...


Pompeo sees 'serious commitment' from Saudis on missing journalist

Khashoggi had left the country past year amid the rise of Prince Mohammed, whom he wrote critically about in the Post . Jamal Khashoggi , a critic of the Sa...


High-Ranking Saudi Intel Officer Oversaw Khashoggi's Interrogation

The three posed for photos, but said nothing in front of reporters. Khashoggi has been missing since he entered the Saudi Consulate in Istanbul on October...


$85 oil opens chasm between emerging market winners and losers

The IEA warned that recent peaks in supply and demand have put a strain on spare capacity. Both global oil demand and supply are now close to new, historica...


Sears files for Chapter 11 bankruptcy

The company listed $6.9bn in assets and $11.3bn in liabilities in documents filed in the US Bankruptcy Court in the Southern District of NY. The talks with le...


Lots of Uncertainty Surrounding Next Tesla Inc (TSLA) Chairman

SEC settlements haven't met much resistance from courts since a judge's decision to reject a settlement between the SEC and Citigroup Inc. Tesla's Elon Mus...


Journalist's disappearance: S. Arabia rejects threats (Lead, Changing Dateline)

Turkey on Saturday stepped up pressure on Saudi Arabia by accusing the kingdom of failing to cooperate with a probe into the journalist's disappearance. The k...


Facebook downgrades breach count from 50 million to 30 million users

The other million people didn't have any information stolen. Facebook scaled its estimate of affected users down to 30 million in an update on Friday, but r...


NPR Interviews Owen on Fed's Interest Rate Hike

On the back of historically-low unemployment rates , a humming economy, and a record bull market, the Fed has already hiked interest rates three times this yea...


USA pastor Andrew Brunson released from Turkish detention

But the judge said Brunson will not spend anymore time in custody because of time served. On Friday , Brunson was convicted on terrorism charges and senten...


Research shows unionists prefer Brexit over the territorial integrity of the UK

Commenting on the Irish backstop, Barnier said the EU's plan to keep Northern Ireland in the Single Market and customs union would help keep the border invisibl...


Labor Dept.: Unemployment, job growth down in September

The economy needs to create roughly 120,000 jobs per month to keep up with growth in the working-age population. Meanwhile, record imports drove the United St...


More steps likely to cut current account deficit: Arun Jaitley

Oil prices in India are not linked to global crude prices but to a phenomenon called elections, the Narendra Modi government has virtually confirmed by waving a...


Apple, Amazon deny Bloomberg report about Chinese spy chips

Apple Inc ( AAPL .O) and Amazon .com Inc ( AMZN .O) denied a Bloomberg Businessweek report on Thursday that said their systems had been infiltrated by mal...


Cut in petrol, diesel prices shows government's sensitiveness: Shah

Chhattisgarh, Assam and Tripura also reduced the fuel prices by Rs 2.50 per litre, while Andhra Pradesh and flood-hit Kerala refused the centre's request. Jai...


Amazon Increases Minimum Wage For Employees

Amazon now has more than 250,000 Amazon employees, and plans to hire more than 100,000 seasonal employees this holiday season. Target , which announced plans...


Elon Musk Settles With SEC, Quits As Tesla Chairman

In a shock announcement in August, Tesla CEO Elon Musk announced that he has weighed taking the electric auto company private at $420 a share. On August...


United States president cheers new USMCA trade deal, heralds end of NAFTA era

Despite Trump's rhetoric, the new agreement keeps the framework of NAFTA largely intact, maintaining the status quo of free trade between the three countries. T...


Elon Musk to give up role of Tesla chairman

The electric car-making company must also appoint two new independent directors to its board, establish a new committee of independent directors and implement a...