Tesla’s big stock drop this month will have negative implications for its ability to raise critically-needed funds, according to Wall Street analysts. The company’s shares declined 22 percent in March on concerns over a fatal car crash in California last week and worries over its Model 3 production rate. Tesla’s […]
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This former Google X engineer wants to put a robot security guard in every office
A start-up called Cobalt Robotics is making roving security robots for use in commercial buildings — whether that’s an office, data center or a hospital. The robot could help companies save money on human security guards: businesses spent almost $68 billion on physical security in 2016, according to industry research […]
How a country lawyer pulled off biggest Social Security fraud ever, and why it could happen again
The bigger the pool of taxpayer money, the bigger the magnet it is for fraudsters. And there is not much that is bigger than the $2.8 trillion Social Security trust fund. But even by those standards, the $550 million fraud pulled off by Kentucky attorney Eric C. Conn — the […]
This company in Indiana is already feeling the heat from Trump’s new tariffs
President Donald Trump pitched his steel tariffs as a way to save U.S. steel jobs, saying it was a move designed to urge “all companies to buy American.” However, some small businesses, like LOOK Trailers in Indiana, are feeling the heat from Trump’s trade move. LOOK’s president, Matt Arnold, said […]
How to download a copy of everything Google knows about you
If you use Google services, there’s a really easy way to download everything you have stored on the company’s servers. This is particularly important if you ever decide to quit Google and delete your account entirely, but still want a record of your Google Calendar, an archive of the pictures […]
China launches new share issue options to attract innovative firms to the mainland
China’s State Council announced on Friday a pilot scheme to encourage technology, bio-tech and high-end manufacturing firms to issue shares in mainland centers Shanghai and Shenzhen, pitting them against the offshore market of Hong Kong. The scheme would allow qualifying overseas-listed companies with a market value of no less than […]
Russia summons Western diplomats to set out retaliatory steps in spy poisoning rift
The Russian Foreign Ministry summoned a slew of senior Western diplomats on Friday to set out the retaliatory measures it was taking in a standoff with the West over the poisoning of a former Russian spy and his daughter in Britain. Russia said on Thursday it was expelling 60 U.S. […]
Starbucks coffee in California must have a cancer warning, judge rules
Scientists haven’t rendered a verdict on whether coffee is good or bad for you but a California judge has. He says coffee sellers in the state should have to post cancer warnings. The culprit is a chemical produced in the bean roasting process that is a known carcinogen and has […]
NYSE reportedly in talks to buy Chicago Stock Exchange for around $70 million
The New York Stock Exchange (NYSE) is in talks to acquire the Chicago Stock Exchange, the Wall Street Journal reported on Friday citing sources. Chinese-led North America Casin Holdings was previously trying to acquire CHX Holdings, the parent company of the Chicago Stock Exchange, but the deal collapsed in February […]
Russia tests its intercontinental ballistic missile that Putin says ‘can reach any point in the world’
Russia tested its new intercontinental ballistic missile (ICBM) for the second time on Friday, the country’s defense ministry said in a tweet. The nuclear weapon called Sarmat will replace the current Soviet-era missile called Veovoda. Russia’s ministry of defense tweeted a video showing the ICBM taking off. TWEET It’s the […]