Money

Money Consumer Reports Removes Tesla Model 3 Recommendation. Will it Affect Tesla Sales?
Author: 0 Consumer Reports Removes Tesla Model 3 Recommendation. Will it Affect Tesla Sales?

The Model 3 , while popular and in demand on three continents, suffers from lots of problems. In the short term, no. While Teslas perform well in Consumer Reports' road tests and have excellent owner satisfaction, their reliability has not been consistent, according to our members, which has resulted in changes to their recommended status.

Money Police believe airport insider was behind Gatwick drone chaos
Author: 0 Police believe airport insider was behind Gatwick drone chaos

It comes as the no-fly zone for drones around airports is to be extended following the disruption at Gatwick in December, the government says. Flights resumed a short time later. No one has been arrested over the incident, which saw the airport shut for parts of three days. "Minister Ross's previous comments that the likelihood of a drone attack in Ireland was "low" clearly shows his lack of understanding of the seriousness of the issue".

Money Southwest Airlines declares emergency due to broken planes
Author: 0 Southwest Airlines declares emergency due to broken planes

Southwest was assigning some work to a team of third-party vendors to allow the airline's mechanics to handle "the increased workload of maintenance tasks they have identified", Van de Ven said. According data from the flight tracking sight, FlightAware Friday, 100 southwest flights were canceled, and more than 1,000 were delayed ... more than any other USA carrier.

Money Thousands to lose their jobs as Honda's Swindon plant closes
Author: 0 Thousands to lose their jobs as Honda's Swindon plant closes

Volkswagen also said its monthly sales dropped dramatically towards the end of previous year - as much as 37 per cent in September - as it struggled to adjust to tough new European Union regulations on diesel emissions. Many businesses fear economic chaos if there isn't an agreement on the rules and conditions that will replace the 45 years of frictionless trade that came with being an European Union member.

Money RCom-Ericsson Case: Supreme Court Finds Anil Ambani Guilty of Contempt
Author: 0 RCom-Ericsson Case: Supreme Court Finds Anil Ambani Guilty of Contempt

The Apex Court asked Ambani to pay a part of the amount sought at Rs 453 crore to Ericsson in four weeks. Shares of Reliance Group companies fell sharply after the Supreme Court's verdict. Now the court says Mr Ambani will be jailed for three months unless he pays. "They (Anil Ambani and two others) live like emperors.No one has the intention to honour the order of the SC.They think they are god's gift to mankind".

Money Amazon pulls HQ2 from New York: Here are all the reactions
Author: 0 Amazon pulls HQ2 from New York: Here are all the reactions

The new development would have been in the Long Island City neighborhood of Queens, near Ocasio-Cortez's district. Bill Gates, concerned about the high United States budget deficits, said that if taxes are ultimately increased to address the shortfall, it would be appropriate for wealthy people to pay much higher taxes.

Money Brexit: May heads back to Brussels but EU not budging
Author: 0 Brexit: May heads back to Brussels but EU not budging

The European Commission has issued another warning to the British government, that they will not reopen the Brexit withdrawal agreement as the prime minister prepares for talks in Brussels. The admission throws into stark relief Trade Secretary Liam Fox's old promise that the deals would be ready at "one second past midnight" after Brexit day.

Money Nigeria's biggest Indian oil buyer signs first deal for USA oil
Author: 0 Nigeria's biggest Indian oil buyer signs first deal for USA oil

The increased purchase from the US -based oil companies has come within months of re-impostion of economic sanctions against Iran-India's third-biggest supplier of oil. "OPEC production cuts and US sanctions on both Iran and Venezuela are limiting supply". Oil prices rose yesterday, extending last week's gains amid rekindled hopes that the United States (U.S.) and China could reach a trade deal.

Money North Korean envoy en route to Hanoi ahead of summit
Author: 0 North Korean envoy en route to Hanoi ahead of summit

Speaking to reporters at a White House event, Trump said sanctions against the Asian nation would remain in place in the meantime and noted Pyongyang has not conducted nuclear or rocket tests recently. If Kim Jong-un does in fact board a train to Hanoi, it would take him approximately three days to traverse the 4,023 kilometers from North Korea through China to Vietnam.

Money Valerie Gonzalez, JetBlue Passenger
Author: 0 Valerie Gonzalez, JetBlue Passenger

Bye". She then got up out of her seat and went to another that was not assigned to her. When she notices some plane passengers are filming her, she responds with another outburst. "I'll take my f-- s-". "I've been drinking all day", Metro News reported . In 2016 , a Jetstar passenger, who was so honored with the care the crew and people onboard gave her during her midair delivery, named her son "Saw Jet Star".

Money Apple And Google Urged To Drop Saudi App That Monitors Women
Author: 0 Apple And Google Urged To Drop Saudi App That Monitors Women

The so-called guardian also exercises complete control over woman's travel and can specify the airports and routes along which she is "allowed" to travel. Last week, it was reported that both Apple and Google were hosting the " Absher " app. Democratic Senator Ron Weiden also lashed out at Google and Apple because of the location in the app, saying that it was "unfair" and allows for "offensive actions against women in Saudi Arabia ".

Money Payless ShoeSource Is Closing 2,300 Stores
Author: 0 Payless ShoeSource Is Closing 2,300 Stores

This will be the second time the footwear retailer is going down the bankruptcy road. Payless reportedly plans to close thousands of stores in what could be the largest retail liquidation. Payless is the latest brick-and-mortar retailer to suffer in the age of Amazon, joining Toys "R" Us , Brookstone and clothing store Charlotte Russe.

Money Payless is closing all its 2,100 United States stores
Author: 0 Payless is closing all its 2,100 United States stores

Signs at the Miller Hill Mall Payless store have been posted, saying: "Everything must go." and "All sales final". Payless has more than 40 locations in metro Detroit, according to its website. The Topeka, Kan.,-based company has more than 3,600 stores worldwide. But that wasn't enough to keep it afloat in an time of continuing challenges that have seen the closing of retailers such as Toys R Us , Sears and Shopko.

Money United Kingdom concludes it can mitigate risk from Huawei equipment use in 5G
Author: 0 United Kingdom concludes it can mitigate risk from Huawei equipment use in 5G

The cybersecurity centre's findings have not yet been made public, but FT claims that it found "ways to limit the risks" from using Huawei's equipment in 5G networks . We have set out the improvements we expect the company to make. The report doesn't offer any further details, and an official review from the United Kingdom government - which will likely be strongly influenced by the NCSC's findings - is expected in March or April.

Money Honda to announce United Kingdom plant closure ahead of Brexit
Author: 0 Honda to announce United Kingdom plant closure ahead of Brexit

Honda was the first major Japanese vehicle company to get involved in large scale manufacturing the United Kingdom when it did a deal with British Leyland in 1980 to produce Honda-based models in BL factories. Earlier this month, Japan's Nissan announced that it would not build a new SUV at its plant in Sunderland, England, as previously planned. Jaguar Land Rover, Britain's biggest carmaker, said in January it would scrap 4,500 positions in response to a sales slowdown blamed on Brexit, as ...

Money Payless ShoeSource to close all USA stores, report says
Author: 0 Payless ShoeSource to close all USA stores, report says

According to Reuters , Payless ShoeSource has searched unsuccessfully for a buyer and will now proceed with liquidation. The chain said today it will hold liquidation sales starting Sunday and wind down its e-commerce operations. The company is set to close all of its 2,300 stores in North America after it files for bankruptcy later this month. It is unknown how many of those are in the United States and Puerto Rico.

Money Trump to say Venezuela's military at risk for supporting Maduro
Author: 0 Trump to say Venezuela's military at risk for supporting Maduro

A successful peaceful transition to democracy in Venezuela would help promote democracy in Nicaragua and Cuba. During a contentious hearing before the House Foreign Affairs Committee, the US special envoy for Venezuela, Elliott Abrams , told members of the committee that while the Trump administration has preferred to use economic, humanitarian and diplomatic channels to deal with the Maduro regime, the use of military force is not being ruled out.

Money Amazon Invests in Rivian, an Aspiring Tesla Rival
Author: 0 Amazon Invests in Rivian, an Aspiring Tesla Rival

Alongside Amazon , the funding round included participation from existing Rivian investors. Amazon ( AMZN ) and electric vehicle producer Rivian are teaming up . It's unclear whether the potential deal would include GM taking an equity stake. Aurora is developing the technology for autonomous vehicles, but leaving the making of cars to other companies and said in a blog post it wants to work alongside, rather than compete with, leading automakers.

Money Renault denies Carlos Ghosn his severance package
Author: 0 Renault denies Carlos Ghosn his severance package

Ghosn, Nissan's one-time savior, has been held in detention since his November 19 arrest and indicted for under-reporting his salary and breach of trust. In 2018, Ghosn was forced to accept a 30% pay cut from Renault under pressure from the French state following a public outcry about the 7 million euros he was paid annually.

Money Amazon is buying home wi-fi startup Eero
Author: 0 Amazon is buying home wi-fi startup Eero

Even without waiting for new products, consumers might benefit from deals when Amazon puts its own devices, such as Kindle e-readers and Echo Dot smart speakers, on sale. A statement from Eero's CEO and founder Nick Weaver suggests that the router manufacturer will maintain its brand at least in the near term. Google Wifi became the best-selling mesh technology Wi-Fi system in the USA in 2017.

Money Turbulence prompts emergency landing for Seattle-bound flight
Author: 0 Turbulence prompts emergency landing for Seattle-bound flight

A video posted to Twitter shows a beverage cart on its side in the aisle and personal items scattered throughout the cabin. Delta Flight 5763 was making its run from Santa Ana, California to Seattle when the bottom fell out. Two other passengers were also injured but were treated at the scene. "We apologise for this experience as we get customers to Seattle", said Delta.

Money Amazon pulls out of plans to build headquarters in New York City
Author: 0 Amazon pulls out of plans to build headquarters in New York City

A major bone of contention is the $2.8 billion worth of incentives NY was going to give to Amazon . NY has offered Amazon (NASDAQ:AMZN) as much as $3 Billion in incentives for the latter to build its headquarters in Queens. " I hope this is the start of a conversation about vulture capitalism and where our tax dollars are best spent ", wrote New York City Council Speaker Corey Johnson .

Money JP Morgan is launching 'JPM Coin,' its first cryptocurrency
Author: 0 JP Morgan is launching 'JPM Coin,' its first cryptocurrency

JPM made a decision to roll the new crypto out on their Ethereum based Quorum blockchain. - a private blockchain originally created to rehouse intra-bank payment records. The second is for securities transactions . Per Farooq's statement, JPM coin will be on board for three key reasons. Apparently, the heavyweight of the banking industry is anxious about the impact crypto coins are beginning to have on the financial industry over time, especially Ripple, which has gotten itself quite ...

Money Tesla pushes Sentry Mode, Dog Mode updates to its EVs
Author: 0 Tesla pushes Sentry Mode, Dog Mode updates to its EVs

Tesla is right at the forefront of technology when it comes to cars, and its latest Sentry and Dog modes for the Model 3, plus higher end Model S and falcon-winged Model X aim to increase that reputation further. If - for instance - someone unwittingly leans against the auto, it switches up to the equivalent of Star Trek's yellow alert (actually called "Alert" state).

Money New round of China-U.S. trade talks starts in Beijing
Author: 0 New round of China-U.S. trade talks starts in Beijing

USA tariffs on $200 billion worth of imports from China are scheduled to rise to 25 % from 10 % if the two sides don't reach a deal by the deadline, increasing pressure and costs in sectors from consumer electronics to agriculture. China has offered to buy more USA goods but is expected to resist making deeper changes to its economy. There was no indication whether negotiators are making progress on the thorniest dispute: US pressure on Beijing to scale back plans for government-led ...

Money Airbus to stop production of world's largest passenger airliner A380
Author: 0 Airbus to stop production of world's largest passenger airliner A380

Some customers had second thoughts about whether the giant aircraft was the right choice for meager times, and cancellations started piling up. Due to weaker demand, the Dubai carrier is expected to scale down these purchases and place greater focus on smaller models in a shake-up that could have implications for both Airbus and its U.S.

Money Trump flexible on China tariff deadline as he seeks the ‘real deal’
Author: 0 Trump flexible on China tariff deadline as he seeks the ‘real deal’

President Trump has said he will not agree to any trade deal with China without meeting with President Xi first, though this meeting is not expected to happen before the March deadline. President Donald Trump said he is open to letting a March 1 deadline to raise tariffs on Chinese products pass without penalty if the two sides are near an agreement, sending a conciliatory signal as talks to resolve a trade war between countries continue.