North Korea launched a missile on Tuesday, with Japan saying it appeared to have landed in the Japanese exclusive economic zone (EEZ), Reuters reported. On its website, South Korean state news agency Yonhap cited South Korea’s military as saying an unidentified ballistic missile launched from a location near the North’s border with China at 9:40 […]
Read moreIn their campaign program for the German election, Chancellor Angela Merkel‘s conservatives have dropped the term “friend” in describing the relationship with the United States. Four years ago, the joint program of her Christian Democratic Union (CDU) and its Bavarian sister party, the Christian Social Union (CSU), referred to the United States as Germany‘s “most […]
Read moreThe Reserve Bank of Australia may be widely expected to keep interest rates on hold at its policy-setting meeting on Tuesday, but analysts will be closely watching its statement to see which way the wind is blowing. “The risk is the RBA adopts more upbeat views on Australian economic activity considering the solid growth in […]
Read moreDave McClure, the founding partner of tech incubator 500 Startups, has resigned just days after the New York Times reported he had sent inappropriate messages to a female entrepreneur seeking a job at the fund, Recode has confirmed. In the hours after the report went live, 500 Startups co-founder Christine Tsai announced McClure would be […]
Read moreWith most investors focused on the rollout of its highly anticipated Model 3, Tesla announced lackluster second-quarter sales, due in part to supply issues with 100 kWh battery packs. “The Q2 Deliveries will be viewed as a negative by investors,” said James Albertine, analyst with Consumer Edge Research. “But that story … can be more […]
Read moreTesla delivered just over 22,000 vehicles in the second quarter, a 53 percent increase from the same time last year. The electric automaker blamed severe production shortfall of 100 kWh battery packs. The company said production average 40 percent below demand, until early June. But once the issue was resolved, Tesla said production speed rebounded. […]
Read moreCurrency, United States Finance
Police arrest man they say planned to kill French President Emmanuel Macron at Bastille Day parade
A 23-year-old was arrested and charged with plotting to kill French President Emmanuel Macron at a Bastille Day parade this month, the BBC reports. The man is believed to be a far-right extremist who told police he also wanted to attack “Muslims, Jews, blacks, homosexuals,” Agence France-Presse reports. Police arrested him in a Paris suburb […]
Read moreCan a few hundred words really change culture? A momentum to do just that is building in tech — and it’s happening in the most digital-first way possible. Since I moved to San Francisco six months ago, ex-Uber employee Susan Fowler’s now infamous blog post was published, which set off an earthquake in Silicon Valley. […]
Read moreRetail stocks are only going to get uglier, former department store executive Jan Kniffen said Monday. “I said last year the fourth quarter is going to be the toughest quarter for retailing,” the CEO of consulting firm J. Rogers Kniffen Worldwide Enterprises told CNBC. “It’s not better this year.” The S&P consumer discretionary sector has […]
Read moreShort-seller Jim Chanos recently explained why President Donald Trump’s infrastructure spending plan will not lead to big economic growth because of the way it is structured. Chanos is the founder and managing partner at Kynikos Associates, one of the largest short-selling investment firms in the world. Chanos is lauded for his prescient negative calls on […]
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