Some strategists say that slumping shares of Tesla could be in for even deeper losses, as the auto maker faces big tests of investor sentiment and its business strategy. Tesla stock ended its worst weekly run in about a year and a half, dropping over 13 percent this week and briefly dipping into a bear […]
Read moreGreat Lakes Brewing Company’s head engineer, John Blystone, said one of the most complicated processes of making craft beer is managing the lauter tun. The machine, one of many that helps transform grain into liquid, traditionally requires a tedious 17-step process, Blystone said. It’s one of the mission-critical processes that helps the Cleveland-based brewery make […]
Read moreAmazon‘s third, annual Prime Day is next week, and shoppers are routinely buzzing about when and where to find the best deals. But this year is different. With the Amazon-Whole Foods deal at the top of everyone’s mind, the Seattle-based e-retailer this time could use Prime Day to showcase and sell something it hasn’t been […]
Read moreAn app called Earny can save you money on online purchases that might have dropped in price after you’ve bought an item. Still, the app’s central function is creepy. As one of my CNBC colleagues found out, it will automatically send emails from your Gmail account on your behalf. Here’s the quick background story: After […]
Read moreU.S. President Donald Trump on Saturday promised $639 million in funding for humanitarian programmes, including $331 million to help feed starving people in four famine-hit countries – Somalia, South Sudan, Nigeria and Yemen. Trump’s pledge came during a working session of the G20 summit of world leaders in Hamburg, providing a “godsend” to the U.N. […]
Read moreGerman police braced for a third day of violent clashes with anti-capitalist protesters bent on disrupting the G20 summit of global leaders in Hamburg port, after radicals torched cars, smashed shops and injured officers overnight. While around 100,000 protestors have staged peaceful marches since Thursday, a hard core of the Black Bloc militants from across […]
Read moreCurrency, United States Finance
Putin plane makes detour avoiding Poland, Baltics on way to G-20 – flight tracker
A plane carrying Russian President Vladimir Putin to the G20 summit in Germany made a detour of about 500 km (300 miles) to avoid flying over NATO members Poland or the Baltic states, data from a flight tracker showed. According to the FlightRadar24 website, a Russian government jet flying from Moscow to Hamburg on Thursday […]
Read moreWorld leaders meeting for a summit in Germany have agreed every aspect of a joint statement apart from the section on climate where the United States is pushing for a reference to fossil fuels, European Union officials said on Saturday. The officials said aides had worked until 2 a.m. to finalise a communique for the […]
Read moreU.S. President Donald Trump on Saturday met with British Prime Minister Theresa May and said he hoped the United States can quickly seal a bilateral trade deal with the United Kingdom. “We’re working on a trade deal which will be a very, very big deal, a very powerful deal, great for both countries,” Trump told […]
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