Tesla 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 […]
Read moreI decided to buy Apple’s latest MacBook almost two weeks ago and, as my return window starts to close, I’ve decided not to keep it. The device, which hit retail stores in June, is highly portable and a gorgeous machine, but it’s not powerful enough for what I need. Most shoppers will probably be better […]
Read moreIn the wake of Travis Kalanick’s professional demise thanks to a sexist, toxic culture at Uber, and Binary Capital co-founder Justin Caldbeck’s resignation due alleged sexual harassment, two more high profile Silicon Valley insiders, Chris Sacca and Dave McClure, have confirmed their sexist behavior towards women, after they were called out by a recent New […]
Read moreGoldman Sachs is reportedly reviewing its longtime commitment to commodities trading following another decline in the first half of the year. An anonymous source told Bloomberg that Goldman Sachs suffered its worst start to the year in commodities in over a decade, down from peak annual performance of $3.4 billion in 2009. In initiating the […]
Read moreWhen you’re binge watching a TV show or several movies on Netflix, you want the minimal amount of distractions. Here are some built-in shortcuts to help create the ultimate viewing experience. Keyboard shortcuts If you’re watching Netflix on a computer and don’t want to move your mouse, here’s a list of keys to keep handy. […]
Read moreOil prices are positioned to head higher in the second half, analysts said on Monday, after crude’s dismal performance in the first six months of 2017 caught many commodity watchers flat-footed. Crude oil prices fell about 14 percent this year through Friday’s close, as an effort led by OPEC to drain huge global stockpiles disappointed […]
Read more