METAL-NEWS-AUSTRIA.COM: Breaking News - Latest of The Hour 19:17, 05/15/2019

Volkswagen Is Spending a Billion on a Battery Factory to Try to Leapfrog Tesla

There may be a day that Tesla looks back on all this—the Roadster, the S, those troublesome early Xs—and laugh at how simple it was. Volkswagen is rolling in. All that an...

Volkswagen Is Spending a Billion on a Battery Factory to Try to Leapfrog Tesla

Source: jalopnik.com

Volkswagen to invest $1.1B in battery production plant BERLIN — Automaker Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany. Chief executive Herbert Diess said Tuesday that the factory is part of the company’s effort to electrify its ...
13:00, 05/14/2019

Volkswagen to invest 1bn euros in battery production plant BERLIN (AP) — Automaker Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany. Chief executive Herbert Diess said Tuesday that the factory is part of the company’s effort to electrify...
14:00, 05/14/2019

Volkswagen set to announce battery production plans: sources Volkswagen's supervisory board is on the brink of announcing the automaker's entry into battery cell production, two people familiar with the matter told Reuters on Monday....
18:51, 05/13/2019

Tesla says solar factory will now make EV chargers and other products Tesla Inc said on Wednesday its solar factory in Buffalo, New York, would become the "manufacturing home" for its electric vehicle Supercharger cabinets and other energy storage products as it seeks to meet employment targets tied to state subsidies ...
23:00, 05/15/2019

Tesla: N.Y. solar factory to make EV chargers, other products Tesla's Buffalo, N.Y., solar plant will become the "manufacturing home" for EV Supercharger cabinets and other energy storage products. The company disclosed the move in an annual report to New York state, which heavily subsidized the factory....
02:00, 05/16/2019

Exclusive: Tesla's solar factory is exporting most of its cells - document The "great majority" of solar cells being produced at Tesla's factory in upstate New York are being sold overseas instead of being used in the company's trademark "Solar Roof" as originally intended, according to documents reviewed by Reuters....
16:00, 05/15/2019

Tesla's New York solar factory making other products in bid to boost jobs Tesla Inc on Wednesday said its solar factory in Buffalo, New York, would become the "manufacturing home" for its electric vehicle Supercharger cabinets and other energy storage products as it seeks to meet employment targets tied to state subsidies...
10:34, 05/16/2019

UPDATE 2-Tesla's New York solar factory making other products in bid to boost jobs Tesla Inc on Wednesday said its solar factory in Buffalo, New York, would become the "manufacturing home" for its electric vehicle Supercharger cabinets and other energy storage products as it seeks to meet employment targets tied to state subsidies....
01:34, 05/16/2019

Tesla Seeks to Raise as Much as $2.7 Billion, Up From $2.3 Billion Tesla increased the amount it could raise through a stock and bond sale by $400 million and Chief Executive Elon Musk now plans to buy $25 million of the stock....
15:17, 05/03/2019

Tesla to update battery software following car fires Tesla Inc will update its battery software after two recent fires involving its Model S electric vehicles (EV) in Shanghai and Hong Kong, the U.S. automaker said on Thursday, adding that investigations into the incidents are ongoing....
10:34, 05/16/2019

US warns EU over €13-billion defense spending The US has warned the European Union that plans to boost defense cooperation within the EU could undo decades of trans-Atlantic cooperation and damage NATO. The EU's foreign policy chief said US concerns were unfounded....
03:00, 05/15/2019

Tesla expects global shortage of electric vehicle battery minerals Tesla expects global shortages of nickel, copper and other electric-vehicle battery minerals in the near future due to underinvestment in the mining sector....
20:17, 05/02/2019

Tesla is Updating Battery Software After Model S Catches Fire in Hong Kong A Tesla Model S caught fire in a Hong Kong parking lot on Sunday, less than a month after video of a Model S bursting into flames in Shanghai, China went viral. Now, “out of an abundance of caution,” Tesla says, the company is making software changes...
02:34, 05/16/2019

Exclusive: Tesla expects global shortage of electric vehicle battery minerals - sources Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals in the near future due to underinvestment in the mining sector, the company's head of minerals procurement told an industry conference on Thursday, accor...
20:00, 05/02/2019

Exclusive: Tesla expects global shortage of electric vehicle battery minerals -sources Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals down the road due to underinvestment in the mining sector, the company's global supply manager for battery metals told an industry conference on Thursday...
20:00, 05/03/2019

Volkswagen sets aside 5.5 billion euros in contingent liabilities for diesel scandal Volkswagen said it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, chief financial officer Frank Witter said on Thursday....
18:17, 05/02/2019

Trump seeks extra $1.6 billion in NASA spending under goal of returning to moon The Trump administration asked Congress on Monday to increase NASA spending next year by an extra $1.6 billion to accommodate the accelerated goal of returning Americans to the surface of the moon by 2024....
01:34, 05/14/2019

Trump Seeks Extra $1.6 Billion In NASA Spending To Send Americans To Moon The Trump administration asked Congress on Monday to increase NASA spending next year by an extra $1.6 billion to accommodate the accelerated goal of returning Americans to the surface of the moon by......
05:51, 05/14/2019

Trump seeks extra $1.6 billion in NASA spending to return to moon by 2024 The Trump administration asked Congress on Monday to increase NASA spending next year by an extra $1.6 billion as a "down payment" to accommodate the accelerated goal of returning Americans to the surface of the moon by 2024....
08:34, 05/14/2019

President Trump Is Spending $20 Billion on an Aircraft Carrier. The Navy Wanted That Money for Cybersecurity In March, a report to the Secretary of the Navy warned that the service is preparing for the wrong war, one fought not with bombs and artillery but with terabytes and artificial intelligence. “We find the Department of the Navy preparing to win...
10:34, 05/03/2019

Volvo signs multi-billion dollar EV battery supply deal An electric XC40 will launch later this year Deal promises battery supply for next decade as Swedish firm forges ahead with electrification strategy Volvo has bolstered its electrified model roll-out by signing long-term deals with battery makers ...
11:17, 05/15/2019

Tesla closes $2.7 billion capital raise Tesla said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was oversubscribed, giving the electric car maker much-needed cash as it ramps up production. The electric car maker sold about $860 million in sha...
16:51, 05/08/2019

Tesla Looks to Raise as Much as $2.3 Billion in Debt and Equity Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightened concerns about the company’s cash on hand....
15:51, 05/02/2019

China's CATL signs multi-billion-dollar battery supply deal with Volvo China's top battery maker, Contemporary Amperex Technology Co Ltd (CATL), said it had signed a multi-billion dollar battery supply deal with Volvo Car Group....
10:51, 05/15/2019

Tesla Completes $2.35 Billion Stock and Bond Sale Tesla Inc. has completed a $2.35 billion stock and bond sale, giving the company a much-needed boost of liquidity as it continues its quest to become the first mass producer of electric cars....
19:51, 05/03/2019

Tesla to issue more than $2 billion in debt to fund expansion Tesla launched issues of new shares and debt worth more than $2 billion Thursday, with chief executive Elon Musk pitching in $10 million as the electric car maker gave in to Wall Street pressure to bolster its cash reserves. Analysts have been predic...
18:00, 05/02/2019

Tesla Looks to Raise $2.3 Billion Through a Bond and Stock Sale Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightened concerns about the company’s cash on hand....
21:51, 05/02/2019

Tesla seeks up to $2.3 billion from share, debt issues Tesla Inc announced plans to raise up to $2.3 billion in new capital on Thursday, easing Wall Street concerns over the electric carmaker's ability to see through its ambitious investment plans while it works to deliver a steady profit....
18:17, 05/02/2019

UPDATE 1-Tesla to raise $2 billion from share, debt issues Tesla Inc said on Thursday it had filed with regulators to launch around $2 billion in fundraising through issues of new shares and debt, with Chief Executive Officer Elon Musk pitching in $10 million of his own money to buy shares....
15:34, 05/02/2019

Tesla closes $2.7 billion mixed offering of shares, debt Tesla Inc said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production....
14:17, 05/08/2019

Tesla boosts capital raise to $2.7 billion, Musk buys more stock Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet....
20:00, 05/03/2019

Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansion Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines....
05:17, 05/03/2019

Tesla readies $2 billion capital boost in stock, bond offerings Tesla plans to raise about $2 billion through debt and stock offerings, after Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining....
19:00, 05/02/2019

Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines....
20:00, 05/02/2019

Man City 1 Leicester 0: Vincent Kompany stunner Premier League champions leapfrog Liverpool in title race Manchester City's captain fantastic Vincent Kompany produced one of the Premier League goals of the season to break down a resilient Leicester City and keep his side's title hopes on track....
23:51, 05/06/2019

California governor unveils record $213 billion budget, says $70 billion recession could hit coffers California Gov. Gavin Newsom, in his revised state budget released Thursday, proposed a record-setting $213.5 billion spending plan for the upcoming fiscal year — that's a 2% increase over his January budget....
06:34, 05/10/2019

GM Cruise autonomous vehicle unit valued at $19 billion with latest $1.15 billion funding round The $19 billion valuation comprises over one-third of GM's market value of roughly $54 billion. GM stock is up 25 percent this year, and company shares were up over 1% in morning trading Tuesday....
16:51, 05/07/2019

GM’s Cruise raises $1.15 billion at $19 billion valuation GM's self-driving Cruise division has raised $1.15 billion at $19 billion valuation ahead of the rollout of its first commercial taxi service.Read More...
18:34, 05/07/2019

U.S. Factory Activity Slows in April U.S. factory activity slowed in April, with the Institute for Supply Management’s manufacturing index falling to 52.8, amid concerns over trade tensions and delays at the U.S.-Mexico border....
19:51, 05/01/2019

If You Want to Buy a Car Factory, Ukrainian Automaker ZAZ Is Selling One  Ukranian automaker ZAZ, the builders of the Soviet Union’s first real “people’s car,” has been having a rough go for the past few years. After being fire-sale’d for just $9 million dollars just a couple of years ago, ZAZ is again in bankruptcy, and ...
04:34, 05/08/2019

Honda confirms UK car factory closure in 2021 Thousands of workers at the Japanese car manufactuer's plant in Swindon are set to lose their jobs. Honda's president previously said that the move had nothing to do with the United Kingdom's exit from the EU....
23:34, 05/13/2019

Multimatic considering options after Ford's factory WEC, IMSA exit Multimatic Motorsport is pursuing numerous options to remain in international sportscar competition following Ford's decision to withdraw factory support for its World Endurance Championship and IMSA SportsCar Championship programmes...
13:51, 05/02/2019

Honda confirms Swindon factory closure following consultation Honda's Swindon plant produces 150,000 cars per year Japanese manufacturer says no "viable alternative" could be found to keep plant open; 3500 workers set to lose jobs Honda has confirmed that it will close its manufacturering plant in Swindon i...
17:17, 05/13/2019

Heiress downplays factory's forced labor use during Holocaust The Bahlsen biscuit empire heiress sparked outrage after claiming forced workers were "well" treated during World War II. Despite her apologies, the case has reignited debate over Germany's remembrance culture....
21:00, 05/15/2019

Waymo factory plan in Detroit spotlights talent needs Waymo's plans to establish an advanced manufacturing facility in the heart of Detroit illustrates how Silicon Valley and Michigan have grown to recognize each other's value to the industry....
10:00, 04/29/2019

Opinion: How the Volkswagen ID 3 got its name Volkswagen's eagerly-anticipated first bespoke electric model ditches the brand's long-held naming traditions for good reason So it turns out that three really is the magic number - at least as far as Volkswagen is concerned. After much anticipation...
23:34, 05/08/2019

Here's where GM layoffs stand after stunning blow to factory workers GM said it has jobs for all the 2,800 hourly workers affected by its move to idle four U.S. factories. Here's a look at how the numbers stack up.        ...
20:34, 05/06/2019

Foxconn Tore Up a Small Town to Build a Big Factory---Then Retreated The iPhone maker got fat incentives to build a $10 billion LCD plant that largely hasn’t materialized on land where Mount Pleasant, Wis., razed homes and crops. “We’re talking about things that are just imaginary.”...
19:51, 04/29/2019

Shell explosion kills worker at Romania weapons factory BUCHAREST, Romania (AP) — Romania’s emergency service says an employee at a weapons factory has been killed by an exploding artillery shell. The Inspectorate for Emergency Situations, or IGSU, said Thursday that the 22-year-old man was working ...
16:00, 05/16/2019

U.S. factory activity at two-and-half-year low, points to slowing economy U.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in March, suggesting economic growth was moderating after surging in the first quarter....
22:00, 05/01/2019

South Korea allows businesspeople to visit North factory park SEOUL, South Korea — South Korea has decided to allow its businesspeople to visit their factories at an industrial park in North Korea that was shut down by Seoul’s previous conservative government in 2016 following a North Korean nuclear test....
14:51, 05/17/2019

WRAPUP 2-U.S. factory activity at 2-1/2-year low, points to slowing economy U.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in March, suggesting economic growth was moderating after surging in the first quarter....
20:00, 05/01/2019

G.M. Says It Will Sell Lordstown Factory to Workhorse, a Maker of Electric Vehicles General Motors, which stopped production at the plant recently, confirmed a statement by President Trump that it was selling the factory and investing elsewhere in Ohio....
19:17, 05/08/2019

Oil dips on expectations of rising output, China factory and services stutter Oil prices dipped on Tuesday on expectations rising output from the United States and producer club OPEC would offset most of the shortfall expected from U.S. sanctions on Iran, but analysts said markets remained tight....
05:17, 04/30/2019

Wilson: My snooker career almost died in a Findus frozen food factory "World Championship long shot Gary Wilson tells Desmond Kane how he was forced to take drastic action to save his snooker career from the deep freeze."...
17:17, 05/01/2019

METALS-Copper prices rise despite weak Chinese factory data Copper prices rose on Tuesday as investors bet that top consumer China would respond to weak factory data with stimulus measures and the U.S. dollar weakened, making metals cheaper for buyers with other currencies....
15:34, 04/30/2019

Explosion at Illinois factory kills one person, two more presumed dead, officials say At least one person was killed and two more are presumed dead after a massive explosion took place at an Illinois silicone factory Friday night, officials said....
02:34, 05/05/2019

Honda forecasts 6% rise in annual profit on Europe factory revamp Honda Motor forecast a 6% increase in operating profit for the current fiscal year due to cost reduction efforts and a restructuring of its production network in Europe....
20:34, 05/08/2019

Global Update: New Polio Strains That Protect Vaccine Factory Workers The strains have the same ability to invoke an immune reaction as the live viruses now used to make vaccine do, but with no risk to vaccine factory employees....
18:17, 04/28/2019

Volkswagen T-Cross 1.0 TSI 95 2019 UK review New compact crossover retains its classy, substantial feel on UK roads, even in mid-range, lower-powered form It’s absolutely no reflection on its expectations of the customer base, as I’m sure it would be at pains to point out, but Volkswagen has ...
18:17, 05/01/2019

New Volkswagen ID.3: 10,000 pre-orders for all-electric hatch News 9 May, 2019 Volkswagen nets more than 10,000 pre-bookings for the all-electric ID.3, just 24 hours after the limited edition model's reveal...
19:00, 05/09/2019

Volkswagen ID 3: 10,000 pre-orders for electric hatch VW receives more than 10,000 pre-orders in 24 hours for limited-edition sub-£34,000 launch version of EV Volkswagen says the pre-orders for the launch edition of its ID 3 electric hatchback have "significantly" exceeded expectations – with more than...
21:17, 05/09/2019

Volkswagen's sub-£18,000 electric car set for Frankfurt reveal The affordable electric crossover will sit alongside models like the Crozz An electric 'people's car' concept is touted for Frankfurt motor show in September alongside the ID 3 hatch Volkswagen is set to unveil the concept version of its entry-lev...
16:17, 05/08/2019

New Volkswagen ID.3: 15,000 pre-orders for all-electric hatch News 14 May, 2019 More than 15,000 pre-bookings have been taken for the all-electric Volkswagen ID.3, just one week after the limited edition model's reveal...
14:35, 05/14/2019

Volkswagen ID.3 name confirmed for Golf-sized EV News 8 May, 2019 Volkswagen ID.3 name confirmed for brand's first ID. model, as order books open and launch edition model is detailed...
17:51, 05/08/2019

You're Spending Too Much on 'Convenience' How much money do you waste each month? Have you ever tallied it up, or do you just groan at the impulse buys as they add up on your bank statement?...
21:51, 05/09/2019

Europe shares close lower as BOE holds rates; factory activity contracts; VW up 4% European stocks closed lower on Thursday as traders reacted to comments from the chair of the Federal Reserve, more corporate earnings and disappointing data from the euro zone....
17:34, 05/02/2019

Bombardier to shed Belfast factory in revamp, shares slide on forecast fears Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's reluctance to say it would meet 2020 goals sent shares lower....
06:00, 05/03/2019

Parents, kids protest development at site of old thermometer factory over mercury fears Lower Manhattan moms are feverishly fighting the Howard Hughes Corp. over its plans to dig up and develop the site of a former thermometer factory — possibly exposing school kids across the street to long-buried mercury. They’re worried that work at ...
03:51, 05/19/2019

Emission Fiasco: No Coercive Action Against Volkswagen, says SC The Supreme Court Monday said no coercive action will be taken against German auto major Volkswagen against whom the National Green Tribunal has imposed a fine of Rs 500 crore for damaging the......
13:51, 05/06/2019

Meeting Jost Capito, the man behind Volkswagen's R division Jost Capito now heads VW's R performance division The engineer turned high-flying car company executive has developed cars including the BMW E30 M3 and Porsche 964 RS during his stellar career in road and race car development While some senior car...
07:34, 05/04/2019

Volkswagen ID 3: pre-orders for electric hatch reach 15,000 VW has received orders for more than half of limited-edition launch version of sub-£34,000 EV Volkswagen says it has received pre-orders for more than half of the launch edition versions of its ID 3 electric hatchback. Customers in 29 European count...
15:00, 05/14/2019

Under the skin: how Volkswagen's DSG gearbox predicted the future Dual-clutch transmissions like Volkswagen’s seven-speed DSG are light, compact and efficient, saving fuel and reducing emissions Entering the mainstream on the first Golf R32, dual-clutch transmissions combine the best bits of manual and auto 'boxe...
07:17, 05/13/2019

Volkswagen to make batteries in Germany, slim down Volkswagen will invest almost 1 billion euros ($1.1 billion) in battery cell production at a facility in western Germany and is seeking to simplify the group by spinning off or selling units, the automaker said on Monday....
23:34, 05/13/2019

Volkswagen Plans To Produce Batteries In Germany The moves are part of Volkswagen Chief Executive Herbert Diess's efforts to slim down and simplify the group which has 12 brands, trucks, buses, motorbikes, cars and electric bicycles as part of its......
07:34, 05/14/2019

New Volkswagen ID.3: name confirmed and order books open News 9 May, 2019 Volkswagen ID.3 name confirmed for brand's first ID. model, as order books open and launch edition model is detailed...
14:34, 05/09/2019

New Volkswagen ID: new images of electric hatch leak Volkswagen will introduce its first purpose-built electric car early next year; prototypes show design is closely linked to the concept Fresh images of the all-electric Volkswagen ID hatch, showing the car in a bold camouflage livery, have leaked on...
13:00, 05/07/2019

Volkswagen ID 3: pre-orders begin for electric hatch A Volkswagen image of the ID 3, with colours edited by Autocar to better show the car's shape Limited-edition launch version of first production car on MEB platform to have 261-mile range and cost less than £34,000 Volkswagen has opened registrati...
16:17, 05/08/2019

Volkswagen models to get Mountune performance upgrade News 13 May, 2019 The UK-based tuning company and USA-based wheel manufacturer have launched a new Volkswagen performance brand, called M52...
05:00, 05/14/2019

The Missing Link Between Volkswagen and Porsche Is Up for Auction We all know that the first Porsche, the 356, was built in 1948, and largely derived from Volkswagen Type I (you know, the Beetle) designs and components. Ferdinand Porsche was, of course, the lead engineer in charge of developing the car that would b...
23:51, 05/16/2019

Volkswagen ID: new images of electric hatch leak Volkswagen ID hatch Volkswagen will introduce its first purpose-built electric car early next year; prototypes show design is closely linked to the concept Fresh images of the all-electric Volkswagen ID hatch, showing the car in a bold camouflage ...
22:34, 05/07/2019

ICT spending in UAE to grow 2.5% to $16.7b this year Spending on information and communications technology (ICT) in the UAE is expected to reach $16.7 billion this year, a year-on-year increase of about 2.5% compared to $16.3 billion a year ago, an industry expert said.Jyoti Lalchandani, vice-president...
15:17, 05/14/2019

WRAPUP 3-Bombardier to shed Belfast factory in revamp, shares slide on forecast fears Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's reluctance to say it would meet 2020 goals sent shares lower....
00:51, 05/03/2019

Volkswagen will make batteries in Germany, slim down group Volkswagen plans to invest almost $1.1 billion in battery cell production in Germany, while seeking to slim down its multibrand group, including launching an initial public offering of its Traton trucks unit....
18:00, 05/14/2019

Volkswagen will use Traton proceeds to internationalize truck business: CEO Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the "internationalization" of the division, Chief Executive Officer Herbert Diess said on Tuesday....
10:17, 05/14/2019

Volkswagen Expands Network With First City & Pop-up Stores In India German auto giant has inaugurated its first city and pop-up stores in India, in a bid to expand its presence and touchpoints in the country. The manufacturer opened its first City store at Richmond......
22:51, 05/14/2019

Volkswagen Accused of Illegally Selling Prototypes Not Fit for the Road The automaker, which is trying to regain the trust of car buyers after an emissions scandal in 2015, has acknowledged improperly selling preproduction cars....
19:00, 04/28/2019

Hot hatch face-off: Volkswagen Golf GTI TCR vs main rivals Final fling for the Mk7 Golf GTI doesn’t want for visual clout The TCR, a last hurrah for the current Golf GTI, takes on the Honda Civic Type R and Renault Megane RS 300 Trophy A recent straw poll on Autocar’s Twitter asked which of today’s hot h...
07:34, 05/04/2019

Volkswagen sounds out buyers for MAN Energy Solutions -sources Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, which makes large diesel engines for ships and power generators, people close to the matter said....
21:17, 05/06/2019

Volkswagen teams up with China's NIU to make e-scooters: Die Welt German carmaker Volkswagen will join forces with China's NIU to produce battery-powered kick scooters, German newspaper Die Welt reported on Monday without giving sources....
12:00, 05/06/2019

Volkswagen Earnings Dented by Diesel Woes, China Volkswagen reported a nearly 10% drop in profit in the first quarter, hit by slowing growth in China and fresh charges from its diesel emissions-cheating scandal....
10:17, 05/02/2019

U.S. judge questions SEC on delay in filing Volkswagen suit A federal judge on Friday sharply questioned the U.S. Securities and Exchange Commission on the timing of its civil suit filed in March accusing Volkswagen AG of defrauding investors and demanded the agency explain its rationale....
23:34, 05/10/2019

Don’t let Congress bust the spending caps again Senate Majority Leader Mitch McConnell, R-Ky., recently told reporters he had spoken with Speaker Nancy Pelosi, D-Calif., about a potential deal to increase the discretionary spending caps for fiscal years 2020 and 2021. House and Senate Republicans ...
03:00, 05/03/2019

5 ways to get more back from your everyday spending Want to get back even more from your everyday spending? Here are five ways to get even more back from your everyday spending.        ...
13:34, 05/01/2019

Volkswagen shares up 2.7% in early trade on truck listing plans Volkswagen shares were up 2.7% in early trade on Tuesday after the multi-brand carmaking group said it would press ahead with a listing of its trucks unit Traton in what could be Germany's biggest share offering this year....
10:17, 05/14/2019

World's Largest Private Collection Of Volkswagen Cars Is Up For Sale Puerto Rico is known for its sandy beaches, mofongo and Pina Coladas, but for the auto enthusiast, it is home to the largest private collection of Volkswagen cars in the world. In fact, over 170......
23:51, 05/09/2019

New Volkswagen Golf Mk8: high-tech cabin design shown Volkswagen's eighth-generation Golf will get technology revamp with digital dashboard, but launch is delayed until 2020 Volkswagen has released an interior design sketch for the new Mk8 Golf, showing a distinct evolution of the brand's cabin look an...
00:51, 05/16/2019

Volkswagen’s diesel emissions scandal bill runs to €30bn Group swallows up €1bn Dieselgate legal charge to meet first quarter operating profit forecasts Volkswagen has met its first-quarter operating profit forecasts for 2019, despite taking a €1 billion hit due to legal costs related to the 'Dieselgate' ...
13:51, 05/02/2019

Gizmodo Netflix Is Losing Some of Its Most Popular Shows, Thanks to AT&T | Jalopnik Volkswagen I Gizmodo Netflix Is Losing Some of Its Most Popular Shows, Thanks to AT&T | Jalopnik Volkswagen Is Spending a Billion on a Battery Factory to Try to Leapfrog Tesla | Kotaku Pokémon Rumble Rush Is Heading To iOS And Android | Lifehacker Bookmark Th...
17:51, 05/15/2019

UPDATE 2-Volkswagen sounds out buyers for MAN Energy Solutions -sources Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, which makes large diesel engines for ships and power generators, people close to the matter said....
17:17, 05/06/2019

Volkswagen Questionably Advertises the Manual Transmission as a Security Feature “Manual Transmission Foils Car Theft” is a headline we write all too often, and now Volkswagen has taken advantage of America’s stick shift incompetence to advertise its Jetta GLI’s manual transmission as a security feature. So just leave your manual...
04:34, 05/08/2019

A Huge Air-Cooled Volkswagen Museum in Puerto Rico Is Selling Everything Right Now I’ll admit, I’m a bit late to write about this since it’s been going on the past few days, but I was sick as a dog last week, and, well, you’re the real victims, here. But no more wallowing in self-pity! If you love old air-cooled Volkswagens, then y...
23:00, 05/06/2019

New technologies drive military spending: SIPRI Military spending has surged across the globe, according to a new report published by SIPRI. With new advances in defense technologies, countries are spending more to gain an edge....
18:17, 05/01/2019

Flexa launches mobile app for spending cryptocurrency Flexa has launched a global payment network and mobile app to help people buy and sell their cryptocurrency and make payments at select retailers.Read More...
21:00, 05/13/2019

US construction spending drops 0.9% as housing takes a hit U.S. construction spending dropped in March or the first time in four months, and spending on U.S. home construction fell to the lowest level in more than two years....
18:17, 05/01/2019

Volkswagen Set to Launch a New Compact SUV Called Tarek for North America: Report During an event in Argentina, Volkswagen announced to the gathered crowd that a new SUV, slotted below the Tiguan, would be built for worldwide consumption. According to Argentina Autoblog he car will be built in Russia and China under the Tharu name...
06:00, 05/18/2019

New 2019 Volkswagen Golf: spy shots reveal new high tech interior News 16 May, 2019 The Mk8 Volkswagen Golf is fast approaching, and new spy shots have uncovered the car's interior ahead of its Frankfurt debut...
18:51, 05/16/2019

Volkswagen unit Porsche to pay 535 million euro fine over diesel cheating German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests....
17:34, 05/07/2019

Volkswagen approaches potential buyers of MAN Energy Solutions unit: sources Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, a unit which makes large diesel engines used in ships and power generators, people close to the matter said....
14:51, 05/06/2019

Jeremy Hunt: Military spending must increase 'decisively' Jeremy Hunt has signalled he wants military spending to increase "decisively" to counter new threats as he waded into the defence brief in a move many will see as a leadership pitch....
03:51, 05/14/2019

BMW profit hit by anti-trust case, spending on technology FRANKFURT, Germany (AP) — German automaker BMW says its profits fell 74 percent in the first quarter as earnings were hit by a 1.4 billion-euro ($1.6 billion) set-aside for an expected anti-trust penalty from the European Commission and by higher up-...
09:51, 05/07/2019

2019 Beatlemania means spending $234,000 on their rarest record As everyone knows, the only way to prove that you care about an artist is to spend hundreds of thousands of dollars collecting their memorabilia. In this post-truth world, there’s no way to know for sure that someone who says they love the Beatles, f...
17:34, 05/10/2019

Tokyo Olympics cut spending; sports federations unhappy TOKYO (AP) — The Tokyo Olympics are caught between the proverbial rock and hard place. Tokyo organizers are trying to cut spending, under pressure from the International Olympic Committee, which has been widely criticized for pushing host cities to b...
13:00, 05/08/2019

U.S. adults are spending big on video games, playing mostly on smartphones The average American video gamer is 33 years old, prefers to play on their smartphone and is spending big on content -- 20 percent more than a year ago and 85 percent more than in 2015, a report showed on Thursday....
15:34, 05/09/2019

Spending money like water – David Cameron’s £8,000 ‘posh tub’ The former prime minister has splashed out on a luxurious addition to his Cornish retreat – what better way to chillax as Brexit unfolds?Writing a book is hard work. Just ask David Cameron. Even though it hasn’t got a title or an exact publication da...
19:00, 05/09/2019

The Latest: Budget ups fire spending; no money for retrofits SACRAMENTO, Calif. (AP) — The Latest on California Gov. Gavin Newsom’s budget proposal (all times local): 2:55 p.m. Gov. Gavin Newsom says he wants to see Californians “harden” their homes to protect them from deadly wildfires. But ...
01:34, 05/10/2019

Leaked Documents Show Some Pretty Insane Spending at the NRA We already knew the National Rifle Association was experiencing internal turmoil and financial problems as of late. But new documents leaked online shed some new light on the extent of spending by the NRA, its chief executive, Wayne LaPierre, and its...
17:00, 05/12/2019

Wall Street spending big to protect against hacking: report Wall Street’s biggest companies are pumping more cash into cybersecurity, as the industry’s brass openly frets that hackers are the next major threat to the financial system. Financial middlemen like stock exchanges, clearinghouses and payment proces...
15:00, 05/02/2019

Mastercard beats profit estimates on higher spending Mastercard Inc beat Wall Street's estimates for quarterly profit on Tuesday, as a strong U.S. job market and a boom in online shopping boosted transaction volumes on the company's payment network....
18:17, 04/30/2019

U.S. consumer spending posts biggest increase since 2009 U.S. consumer spending increased by the most in more than 9-1/2 years in March, but price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months....
15:34, 04/29/2019

U.S. tops world in defense spending; Russia falls out of top 5 The United States spent more than any other country on defense in 2018, but Russia fell out of the top five for the first time in nearly 15 years, the Stockholm International Peace Research Institute said....
15:17, 04/29/2019

This is the best way to keep your battery life Here are the ways to keep your phone’s battery life. Buzz60’s Natasha Abellard has the story.        ...
23:00, 05/01/2019

MSG Shareholders Sue James Dolan, Reportedly For Spending Too Much Time With His Band A group of shareholders in the Madison Square Garden Company claim that MSG CEO and Knicks owner James Dolan is paying himself way too much money for a job he’s barely doing. Court records show shareholders filed a civil suit against Dolan in Delawar...
17:17, 05/02/2019

Virgin Australia to delay taking Boeing 737 MAX jets to cut spending Virgin Australia Holdings said on Tuesday it would delay taking the first deliveries of Boeing Co 737 MAX jets for nearly two years to reduce capital spending and give it time to be satisfied with the model's safety....
08:00, 04/30/2019

Factbox: India's elections - Rules on campaign financing and spending Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) is flush with cash in the current Indian general election, and is expected to easily outspend opposition parties, as he seeks a second term in office....
09:00, 05/01/2019

Leaked letters reveal details of NRA chief's alleged spending National Rifle Association Chief Executive Wayne LaPierre billed the group’s ad agency $39,000 for one day of shopping at a Beverly Hills clothing boutique, $18,300 for a car and driver in Europe and had the agency cover $13,800 in rent for a summer ...
11:17, 05/12/2019

UPDATE 1-Mastercard beats profit estimates on higher spending Mastercard Inc beat Wall Street's estimates for quarterly profit on Tuesday, as a strong U.S. job market and a boom in online shopping boosted transaction volumes on the company's payment network....
15:34, 04/30/2019

Only 17 Days in Office, Erdogan’s Rival Saw Spending to ‘Spoil a Mayor’ Before President Recep Tayyip Erdogan of Turkey forced a do-over of the Istanbul election, the opposition leader Ekrem Imamoglu found evidence of wasteful spending by Mr. Erdogan’s allies, he said....
01:51, 05/10/2019

UPDATE 1-Televisa profit falls in 1st-qtr as government cuts ad spending Mexican broadcaster Televisa, the world's biggest producer of Spanish-language content, reported on Monday a 20 percent drop in its first-quarter net profit, battered by the new government's reduced advertising spending....
06:00, 04/30/2019

Sensor Tower: Pokémon Go’s 2019 spending up 33% from first 4 months of 2018 Sensor Tower estimates Pokémon Go brought in $65 million worldwide in April, a 15 percent over what it made in April 2018, and $270 million for the year, up 33% from 2018.Read More...
22:34, 05/06/2019

March consumer spending climbed at highest rate since 2010 U.S. consumer spending rose about 1 percent in March, the Bureau of Economic Analysis said Monday, a possible indication the post-recession rebound continues....
01:17, 04/30/2019

Hate campaign spending? Gillibrand's 'democracy dollars' would put it on steroids Presidential candidate Sen. Kirsten Gillibrand, D-N.Y., has a new plan to tackle money in politics: Create a subsidy for political candidates so lavish that they can raise “exponentially higher” amounts....
03:00, 05/03/2019

Tory treasurer cleared of false campaign spending claims Scotland Yard has dropped a case against a former treasurer of the Conservative Party accused of making false declarations about the party's 2015 election campaign in key marginals, the Standard has learned....
14:17, 05/10/2019

Economy Week Ahead: Labor Market, Consumer Spending In the week ahead, the U.S. will release fresh data on consumer spending and the labor market. Overseas, China will publish a manufacturing gauge and the European Union will post its first-quarter economic growth estimate....
07:00, 04/29/2019

CORRECTED-UPDATE 1-Mastercard beats profit estimates on higher spending Mastercard Inc beat Wall Street's estimates for quarterly profit on Tuesday, as a strong U.S. job market and a boom in online shopping boosted transaction volumes on the company's payment network....
16:34, 04/30/2019

Wynn Resorts Revenue Falls as High-Rollers Slow Spending Wynn Resorts swung to a profit in the first quarter but missed Wall Street revenue targets as it was hit by lower casino revenue from high-rollers in Macau, the world’s largest gambling market....
01:34, 05/10/2019

Fed Holds Rates Steady, Signals Concern Over Sluggish Spending, Low Inflation Federal Reserve officials agreed to hold their benchmark interest rate steady and noted some key economic activity had slowed during the first quarter....
01:17, 05/02/2019

Halt: In first, Trump’s ambassador to Germany requests $0 more in budget, cuts spending Richard Grenell, the U.S. ambassador to Germany and an ardent supporter of President Trump’s agenda, has broken the long practice of embassies seeking — and getting — more funding every year. In what was described as a first, he asked for zero extra ...
19:51, 05/17/2019

Texas man accused of spending PAC donations on lavish lifestyle pleads guilty A Texas man pleaded guilty on Thursday to scamming voters out of over $540,000 using phony PAC’s that instead funded his lavish lifestyle including trips to Belize, bottle service and “club dances performed by entertainers,” prosecutors said....
04:34, 05/10/2019

Disaster aid spending package keeps growing as parties bicker over funding deal The House on Friday passed a $19.1 billion aid package to help states and territories recover from a string of recent natural disasters, but the ballooning spending measure is snagged in a dispute with Republicans and President Trump over funding for...
20:51, 05/10/2019

Chase sparks backlash over tweet mocking customers for spending money A now deleted ‘#MondayMotivation’ tweet shamed customers for splurging taking cabs, eating out and buying coffeeChase Bank deleted a tweet this week where it appeared that the bank was doing some personal finance shaming. The tweet mocked customers f...
21:00, 05/01/2019

Amazon is spending $800 million to make free one-day shipping standard for Prime More than a decade ago, Amazon launched its Prime membership service with the promise of free two-day shipping. The unique offer helped attract millions of subscribers, shifted consumer expectations for shopping convenience and forced other large ret...
19:00, 04/29/2019

NRA Board member calls on CEO LaPierre to resign amid spending allegations Former congressman and National Rifle Association board member retired Lt. Col. Allen West called on the gun rights group to replace longtime CEO Wayne LaPierre amid allegations of lavish spending and financial mismanagement....
00:17, 05/15/2019

Power Everything From a Phone to a Fridge With This $105 Battery It should be pretty clear from the picture, but this isn’t your average, pocket-sized USB battery pack. No, this lithium-ion power station includes USB ports, plus an AC and a DC outlet, and can charge laptops, drone batteries, medical devices, mini ...
21:17, 05/07/2019

Does Europe, does Germany really need its own battery cells? France and Germany have asked the EU Commission to approve state subsidies for a cross-border battery cell consotium to curb Asia's market dominance in the sector. German analyst Marcel Weiss says they should calm down....
11:34, 05/02/2019

White House pushes for a debt ceiling increase while Democrats are divided over spending The White House is opposed to bundling together the debt ceiling and a measure to fund the government, while expressing that Trump will not accept another significant increase in federal spending, a source says....
21:17, 04/28/2019

The biggest government pledge to science spending for 60 years – but who benefits? | Sarah Main All political parties have said research and innovation can help raise living standards. A good start would be to invest in staffAmid the turbulence of Brexit deadlines and extensions, you might be pleased to know that there are at least some long-te...
17:17, 05/01/2019

Eight million jobs, $9tn in spending: Jay Inslee's radical plan to tackle climate change The Washington governor and Democratic 2020 hopeful wants to decarbonize the economy while boosting employmentJay Inslee, the governor of Washington state, is introducing a second portion of his climate change plan as most Democratic contenders for p...
20:00, 05/16/2019

As bank profits soar, Wall Street’s political spending hits new high Banks and financial institutions dramatically increased their political spending as Congress debated, and then passed, legislation last year that rolled back several key industry regulations....
16:51, 04/30/2019

Global military spending at new post-Cold War high, fueled by U.S., China - think-tank Global military expenditure reached its highest level last year since the end of the Cold War, fueled by increased spending in the United States and China, the world's two biggest economies, a leading defense think-tank said on Monday....
17:17, 04/29/2019

Cheesecake Factory's free cheesecake promotion goes awry, one person arrested A free cheesecake promotion celebrating Cheesecake Factory's 40th anniversary turns ugly as orders and DoorDash delivery drivers flood restaurants....
20:51, 05/01/2019

Fire At Chemical Factory In Delhi's Naraina, 30 Fire Engines At The Spot A major fire broke out at a chemical factory in south west Delhi this morning. Thirty fire engines are at the location in Naraina Industrial Area to control the fire....
11:00, 04/29/2019

METALS-Most metals fall as China April factory growth is below expectations Most industrial metals fell on Tuesday after data showed factory activity in China, the world's biggest copper consumer, unexpectedly slowed in April, suggesting the country's economy is struggling....
11:23, 04/30/2019

Here's why transportation leaders including Daimler and Volkswagen are pouring billions into R&D for electric trucks (UPS, DMLRY, BUD, OTC, TSLA, FDX, VWAPY, PEP) This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. Trucking, which can be perceived as the lifeblood of global economies, has experienced healthy growth in recent years due in part...
16:34, 05/01/2019

Hyundai's Ioniq EV gets a bigger battery and more connectivity Hyundai is refreshing its Ioniq line-up with the hybrid, plug-in hybrid, and electric models all getting design tweaks and new features. The EV in particular will get a larger, 38.3 kWh battery pack that has 36 percent more storage capacity than its....
00:34, 05/04/2019

RAC launches EV flat-battery recovery scheme New portable charger has been installed in six patrol vans so far UK-developed device can recharge 99% of electric vehicles stranded at the roadside The RAC has launched a new emergency charger for drivers of electric vehicles stranded at the road...
18:17, 05/01/2019

LG Chem sues rival SK over battery secrets Battery maker LG Chem has sued rival SK Innovation in the U.S. for allegedly stealing trade secrets by poaching scores of highly knowledgeable employees....
21:00, 04/30/2019

Battery problem affected Hamilton's qualifying Lewis Hamilton's Spanish Grand Prix qualifying was affected by a battery problem, Mercedes principal Toto Wolff said on Saturday after the reigning champion lost out to team mate Valtteri Bottas in the battle for pole position....
20:51, 05/11/2019

How to See if Your MacBook is Eligible For a Free Battery Replacement If you have a 13-inch MacBook Pro that was made between October of 2016 and October of 2017 then you might be eligible for a free battery replacement....
03:00, 05/12/2019

Save $27 Off an iPhone XR Smart Battery Case Apple’s surprisingly terrific smart iPhone battery cases just made an unexpected comeback for the latest generation of iPhones, and, right now, a black case for the iPhone XR is just $102, or $27 off on Amazon.Read more......
20:00, 05/15/2019

Energizer's Gigantic Battery Phone Just Ran Out of Juice Earlier this year, the Energizer Power Max P18K Pop made a splash at Mobile World Congress thanks to its massive size and 18,000mAh battery. But while everyone wants better battery life on their smartphones, it turns out no one wants it so bad that t...
22:51, 04/30/2019

CHEAP: Never run out of juice with this $5 (!) Morphie external battery Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! Despite all the joys that gadgets, gear, and general electronics have bought me, there’s one downfall: battery. Everything always needs to be recharged and, well,...
12:17, 05/13/2019

The phone with the biggest battery in the world has been canceled The Energizer Power Max P18K Pop was announced at MWC 2019 back in February as the smartphone with the world’s biggest battery. But just two months later, the product has been officially canceled.The company behind Energizer’s recent devices, Avenir ...
13:34, 05/02/2019

Asia In Charge Of Electric Car Battery Production Europe is looking catch up with the Asian Markets, with France and Germany saying on Thursday they would form an alliance to develop next-generation batteries in a bid to counteract Asia's dominance....
17:34, 05/03/2019

Stronger spending powers Mastercard profit, revenue beat; shares hit record high Mastercard Inc on Tuesday beat quarterly profit and revenue estimates, as a strong U.S. job market, rising wages and surge in online shopping boosted transaction volumes, sending shares of the world's second largest payments processor to an all-time ...
19:17, 04/30/2019

House Democrats reject Trump budget cuts, roll out $46.4B energy and climate spending bill House appropriators on Tuesday sought to increase funding to combat global warming, releasing a fiscal year 2020 energy and water spending bill that rejects President's Trump's proposed budget cuts....
01:00, 05/15/2019

Pentagon: US moving Patriot missile battery to Mideast WASHINGTON (AP) — The Pentagon says the U.S. will move a Patriot missile battery into the Middle East region to counter threats from Iran. The department provided no details, but a defense official says the move comes after intelligence showed that t...
00:17, 05/11/2019

France, Germany agree on first battery cell consortium: FAZ France and Germany have asked the European Commission to green-light state subsidies for a cross-border battery cell consortium involving carmaker PSA with its German subsidiary Opel and Total's Saft, FAZ newspaper reported on Monday....
18:00, 04/29/2019

Florida Gators quarterback accused of sexual battery Florida quarterback Jalon Jones was accused of sexual battery last month though no criminal charges were filed, according to a police report obtained Thursday by the Tampa Bay Times....
23:17, 05/02/2019

France, Germany agree on first battery cell consortium - FAZ France and Germany have asked the European Commission to green-light state subsidies for a cross-border battery cell consortium involving carmaker PSA with its German subsidiary Opel and Total's Saft, FAZ newspaper reported on Monday....
18:34, 04/29/2019

Hamilton: F1 battery issue part of 'not good enough' Spanish GP Q3 An imperfectly charged battery hindered the start of Lewis Hamilton's Spanish Grand Prix final qualifying session, but he believes Mercedes Formula 1 team-mate Valtteri Bottas was faster when it mattered...
18:00, 05/11/2019

Government increases investment in UK electric battery centre A further £28 million will be invested in UK Battery Industralisation Centre near Coventry, as a step towards a British Gigafactory The Government will invest a further £28 million in the new UK Battery Industrialisation Centre, which will be tasked...
03:17, 05/16/2019

One app update could make the battery on your Android phone last longer In theory, the ability for mobile apps to run in the background is a welcome one. It’s a pain to have to fully reload an app every time you want to use it, and background apps have made this issue mostly obsolete. But this functionality occasio...
14:17, 05/18/2019

Extreme E switches to WAE battery supply deal for first two seasons The Extreme E electric off-road SUV racing championship will use batteries provided by Williams Advanced Engineering and not McLaren Applied Technologies as had been previously announced...
15:34, 05/01/2019

Asus’ new Zenfone 6 has a flip-up camera and a 5,000mAh battery We’ve seen some whacky implementations from phone makers to overcome the notch: pop-up camera, pizza shaped-camera, and even a rotating camera. Now, Asus has added another method to the list by placing a flip-up camera into their latest flagship, the...
12:34, 05/17/2019

ASUS' ZenFone 6 has a flippable camera and giant battery It's no secret that ASUS had been struggling in the smartphone world, but following the resignation of its previous CEO, the company has since shifted its focus from the masses to power users, with last year's ROG Phone already hinting at a...
01:17, 05/17/2019

Texas toddler lands in ICU after swallowing dad's watch battery A Texas mother is warning about the dangers of everyday household objects after her toddler required emergency surgery to remove a watch battery from her esophagus. ...
16:51, 04/30/2019

Justin Gimelstob Pleads No Contest in Battery Case Gimelstob, the tennis commentator, coach and ATP board member, was sentenced to three years’ probation and 60 days of community service after a felony charge was reduced to a misdemeanor....
23:00, 04/28/2019

| Trump praises Orban | Brexit demands defence spending: WATCH the top World news videos for today Trump praises Hungary's anti-immigration PM | Hunt: UK should boost defence spending after Brexit; here are the top World news videos for today. WATCH....
09:51, 05/14/2019

N4T Investigators: Young father needs surgery for failing pacemaker battery TUCSON – For people dealing with heart problems, medical science offers lifesaving technology, but one young Tucson father is learning that technology can sometimes be unpredictable. “I didn’t know there was a problem until they called me...
05:00, 05/09/2019

24 Hours of Battery For 24 Dollars: Save On One of the Most Popular Bluetooth Speakers Ever Anker’s original SoundCore Bluetooth speaker isn’t water resistant like its successors, but it still sounds great, boasts an incredible 24 hours of battery life, and is one of the most popular products in Kinja Deals history....
01:00, 05/15/2019

Samsung Galaxy Note 10 battery leak points towards biggest one yet Samsung Galaxy Note 10 concept renderBattery life is one of the most controversial topics when it comes to premium smartphones. Over the course of the past year, though, Samsung has been pushing itself to improve results. And with the Galaxy Note 10 ...
18:17, 05/15/2019

UK moves closer to major battery plant for electric cars Report claims Britain is "well-placed" to supply materials for mass battery production The challenge to equip a new-generation of British-built electric cars with high-tech batteries also made in the UK has received a £4.8 billion boost from the che...
18:17, 05/01/2019

Verizon has the big-battery Moto G7 Power on sale at a 50 percent discount For a mid-range device, the Moto G7 Power is certainly shining in the US carrier support department, with official availability ranging from Verizon to T-Mobile, Cricket Wireless, and Metro in addition to the typical slew of major authorized retailer...
14:34, 05/17/2019

Energizer's giant battery phone reached just 1 percent of its funding goal Remember the comically enormous phone that Avenir Telecom showed off under the Energizer brand at this year's Mobile World Congress? Its subsequent crowdfunding campaign has crashed and burned, as The Verge points out....
12:34, 04/30/2019

France, Germany to support battery cell consortium including PSA, Saft France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a German official said on Monday....
20:00, 04/29/2019

Dodgers pitcher Julio Urias arrested on suspicion of domestic battery Los Angeles Dodgers pitcher Julio Urias was arrested Monday night on suspicion of domestic battery, a Los Angeles police spokesperson confirmed to Fox News....
18:51, 05/14/2019

Apple’s iPhone battery life claims are greatly exaggerated, study says Apple is exaggerating the maximum battery life for several of its iPhones, a new consumer advocacy report concludes. According to UK consumer group Which?, in tests of nine iPhone models, all of them fell short of Apple’s battery life claims by...
21:00, 05/07/2019

Motorola Moto G7 Power is headed to Verizon, fantastic battery life in tow Back in February, when Motorola announced its new Moto G7 smartphone series, it mentioned that one particular model - Moto G7 Power - would be released via two major carriers: T-Mobile and Verizon Wireless. T-Mobile (alongside its prepaid brand Metro...
13:34, 05/02/2019

Samsung insider teases mysterious battery innovations for the Galaxy Note 10 The Galaxy Note 10 is the only Samsung flagship left to launch this year, and we’ve already got an increasing number of rumors detailing the unreleased device. We already know that Samsung will have a 5G version of the Note 10 in stores, and so...
16:34, 05/06/2019

Lead measured in teeth of kids living near former battery-recycling plant Children living near a former car-battery recycling plant in Los Angeles have lead in their baby teeth at levels that track with neighborhood contamination, according to a study of exposure to the toxic metals in the womb and during early childhood....
23:51, 05/15/2019

Huawei P30 Pro review: game-changing camera, stellar battery life New smartphone with Leica quad camera has 5x optical zoom, super low-light performance and fun featuresHuawei’s latest top-end phone, the P30 Pro, has a genuinely groundbreaking new quad camera system on the back with amazing low-light performance an...
19:00, 05/01/2019

These AirPods rivals are twice as cheap with competitive battery life and water resistance It's no longer a big secret that Apple has struck gold with its first "magical" generation of AirPods, following the incredibly popular wireless headphones with a refreshed model that also seems to be doing extremely well at the global box-office and...
22:17, 05/09/2019

Energizer P18K Pop With 18,000mAh Battery Fails to Raise Funding Target After turning heads with its 18,000mAh battery and pop-up front dual-camera setup, the Energizer P18K Pop failed to meet its Indiegogo funding target....
10:17, 05/01/2019

Ex-UFC fighter Anthony Johnson arrested for alleged misdemeanor battery of ex-girlfriend Former UFC light heavyweight Anthony Johnson was arrested in Florida on a single charge of misdemeanor battery, according to online records.        ...
14:34, 05/08/2019

Is your Android phone draining battery like crazy overnight? Update the Netflix app Have you ever wondered why you wake up with your phone's battery down 30% instead of the usual single digits overnight? Then you start reading about rogue apps with ghost consumption when idle, and try to find the culprit, only to find out that your ...
19:51, 05/17/2019

B&O's refreshed Beoplay H9 headphones come with monster battery life and Google Assistant After (narrowly) beating Apple to the punch with super-expensive "truly wireless" earbuds supporting wireless charging functionality, Bang & Olufsen is shifting its attention to the premium Beoplay line of wireless over-ear headphones to release a re...
23:17, 05/18/2019

Huawei P Smart Z With Dual Rear Cameras, 4,000mAh Battery Launched Huawei P Smart Z is official. The Huawui P Smart Z includes a 6.59-inch screen, Android 9 Pie, fingerprint sensor, and Kirin 710F octa-core processor....
17:51, 05/08/2019

US deploys amphibious assault ship and Patriot battery to Middle East The US is beefing up its forces in the Middle East to counter what it called military threats from Tehran. US officials are claiming that Iran is moving short-range ballistic missiles onto small boats....
06:17, 05/11/2019

Vivo Y17 With Triple Rear Cameras, 5,000mAh Battery Launched in India Vivo Y17 sports a gradient design and packs triple rear cameras as well as a large 5,000mAh battery. Vivo Y17 price in India has been set at Rs. 17,990....
21:34, 04/28/2019

Amputee who says United Airlines took his scooter battery takes battle to court Stearn Hodge, a 68-year-old amputee who lost his arm and leg in an accident, says United and airport employees took a battery needed for his scooter.        ...
17:00, 05/02/2019

Exclusive: Scania signs Northvolt battery deal, in talks on equity Volkswagen truck brand Scania has signed a battery supply deal with Sweden's Northvolt and is in talks about making an equity investment as part of the startup's efforts to raise 1.5 billion euros, Scania's chief executive said....
13:34, 05/13/2019

Oukitel K9 has the “world’s largest” smartphone display, a 6000mAh battery, and costs $200 at launch Advertorial by Oukitel: the opinions expressed in this story may not reflect the positions of PhoneArena! disclaimerWhile the high-end smartphone segment is a world of ever-increasing prices and incremental upgrades, mid-range phones have been kill...
12:00, 05/15/2019

Volvo taps Asia's LG Chem, CATL for long-term battery supplies Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 percent of sales by 2025....
10:51, 05/15/2019

OnePlus Bullets Wireless 2 are released with longer battery life, BT 5.0, and good price Besides the new 7 Pro phone edition, OnePlus today updated its wireless earphone line, too, with the Bullets Wireless 2. A triple-driver affair they bring enhanced mids and highs, while leaving the excellent base of their predecessors on board.The ot...
19:34, 05/14/2019

EV battery maker LG Chem sues SK Innovation, alleges trade secret theft Electric vehicle (EV) battery maker LG Chem said it has sued its South Korean peer SK Innovation in the United States for alleged theft of trade secrets....
10:00, 04/30/2019

UPDATE 1-France, Germany to support battery cell consortium including PSA, Saft France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a German official said on Monday....
19:51, 04/29/2019

Samsung Galaxy S10e review: Better biometrics and ergonomics than the S10 Plus at the cost of battery life The Samsung Galaxy S10e may be the best new Samsung phone for the masses with a reasonable price, small size, excellent cameras, and more. The flat screen and fingerprint scanner may even make it more appealing than the high end S10 Plus....
18:17, 05/17/2019

Miami Cop Filmed Brutally Arresting Dyma Loving Arrested, Charged With Battery Officer Alejandro Giraldo, the Miami-Dade cop filmed violently taking down and arresting a black woman who called the police for help, was arrested and charged with first-degree misdemeanor battery and felony official misconduct Friday afternoon, nea...
00:34, 05/04/2019

Intel explains Project Athena laptops, promises nine hours of battery life It's been five months since Intel teased its Project Athena program, and until now, all we really knew was that it'd be similar to the Ultrabook scheme, which paved the way for slim yet efficient premium laptops. With just three weeks to go...
02:17, 05/09/2019

Australia's St George Mining in talks with Chinese battery maker - executive chairman St George Mining Ltd is in talks with a Chinese battery manufacturer that is interested in buying a stake in the Australian nickel producer, Executive Chairman John Prineas said on Wednesday....
20:00, 05/01/2019

Coros announces VERTIX GPS adventure watch: 45-day battery life and extreme operating profile There are wearables for daily activity tracking, casual runners, serious athletes, and extreme athletes. The new Coros GPS watch is designed for climbers, runners, and outdoor explorers....
05:17, 05/15/2019

Pentagon responds to Iran by sending additional ship, Patriot missile battery to Gulf The USS Arlington and a Patriot missile defense battery will join the carrier strike group and bomber task force deployed to the Persian Gulf earlier this week, the Pentagon announced Friday....
04:34, 05/11/2019

Jen Harley Arrested 5 Months After Ronnie Ortiz-Magro Filed Domestic Battery Report Ronnie Ortiz-Magro's on-again, off-again girlfriend, Jen Harley, has been arrested. A source tells E! News that Jen was arrested today, May 16, in Las Vegas. Jen, who is the mother of......
01:34, 05/17/2019

Asus reveals powerful specs for upcoming Zenfone 6 flagship, including massive battery The ZenFone 6 is one of the latecomers in the flagship territory this year, along with the OnePlus 7, but that doesn't mean Asus won't do everything in its power to turn it into a market success. We know since February that Asus plans to launch its n...
17:00, 05/09/2019

|Tesla'skeyinventoryfiguretops$2bnforthefirsttime The value of Tesla’s finished goods inventory, which includes vehicles available for sale, exceeded $2bn for the first time as the Model 3 sedan began overseas deliveries....
17:00, 04/30/2019

Here Are the Details About Tesla's New Insurance Elon Musk’s ideas for offering Tesla insurance, more on the U.S.-China tariffs, slowing Chevrolet Corvette sales as buyers await the upcoming car, suppliers’ preparation for General Motors’ plant closure, and BMW’s first-quarter losses. All of this...
04:34, 05/08/2019

Why Tesla is such a battleground stock Elon Musk's Tesla is a classic battleground stock involving Wall Street hedge fund shorts; long-term investors; traditional industries like autos and oil ripe for disruption; and opposing political views about climate change and the future....
18:51, 04/28/2019

Tesla Model 3 on sale in the UK from £38,900 Tesla's compact saloon now available to order online, with first deliveries scheduled for June The Tesla Model 3 saloon is now available to order in the UK. The company's most mainstream EV to date will see right-hand-drive deliveries from June, wit...
18:17, 05/01/2019

The Pentagon says it will move a Patriot missile battery along with ships, bombers to Middle East to counter Iran threat WASHINGTON (AP) — The Pentagon says it will move a Patriot missile battery along with ships, bombers to Middle East to counter Iran threat....
00:17, 05/11/2019

Tesla's Model 3 finally goes on sale in the UK It's been a long road, but the right-hand drive Tesla Model 3 has at last gone on sale in the UK. Elon Musk previously teased a May launch date for the most "affordable" car in Tesla's range, after a rocky start to deliveries in Europe....
13:51, 05/01/2019

Electric dreams? What you need to know about Tesla's Model 3 The electric car will be available in the UK soon. We look at costs and how it compares with rivalsLaunched with the intention of being Tesla’s first mass-market electric car, the new Model 3 is smaller and simpler than the other vehicles in the Cali...
17:00, 05/18/2019

Tesla May Be Especially Burned By the U.S.-China Trade War Tesla’s China strategy may be thrown into disarray by the trade war, Uber’s stock continues to plunge, questions about the electric vehicle supply chains in the U.S., all that and more for The Morning Shift of Tuesday, May 14, 2019....
18:00, 05/14/2019

T. Rowe Sells Most of Its Tesla Shares T. Rowe Price Associates sold roughly 81% of its shares in Tesla over the first three months of 2019. For years, it had been one of the electric-car maker’s biggest investors....
02:51, 05/16/2019

Tesla adjusts Autopilot to comply with new EU regulations Tesla will push an updated Autopilot in Europe that scales back on a couple of functions in order to comply with new regulations. The changes will require faster lane changes and limit how far you can turn the steering wheel on Autosteer. Electrek re...
02:17, 05/18/2019

Tesla says may seek alternative financing sources Tesla Inc said on Monday it could seek alternative sources of financing although it expects cash generated from its business to be enough to fund its investments and pay down debt for at least the next 12 months....
15:34, 04/29/2019

Tesla warns employees against leaking info Tesla has a rough history with leakers, and it's apparently eager to remind employees of that fact. CNBC said it had obtained an email from Tesla's security team (yes, the irony is thick) warning staff against leaking sensitive information....
00:34, 05/05/2019

Tesla slashes solar panel prices With discussions about climate change and climate legislation at the forefront of many minds across the United States, Tesla has announced plans to cut the price of its solar panels to 16% below market average....
09:17, 05/17/2019

Tesla seeks to raise up to $2.3bn as losses stack up Tesla is seeking to raise up to $2.3bn (£1.8bn) after chief executive Elon Musk hinted it may have to go to the capital markets to aid its future plans....
17:34, 05/02/2019

CORRECTED-Tesla offering priced at $243 per share Tesla Inc said on Friday its offering of 3.1 million shares was priced at $243 per share and Chief Executive Officer Elon Musk will buy shares worth up to $25 million....
13:51, 05/03/2019

Tesla Shares Surge on Fundraising Push The car maker’s stock surged 4.6% after Tesla said it would raise as much as $2.3 billion by selling shares and bonds that may convert to shares—the latest surprising Wall Street reaction to the company’s tribulations....
23:51, 05/02/2019

'Tesla needs to cement its place as THE electric car maker' Opinion 8 May, 2019 Tesla needs to prove that it is the definitive electric car maker and stay ahead of its mainstream rivals, says John McIlroy...
17:51, 05/08/2019

Man buys Tesla with money he made with Alexa's help When Nick Schwab isn't at his day job, working as a software engineer at Ford, he's building voice apps for Amazon's Alexa voice assistant. It's a part-time gig that's proved quite lucrative....
12:00, 05/07/2019

Tesla says may seek new funding; shares up after SEC agreement Tesla Inc said on Monday it could seek alternative sources of financing, days after Chief Executive Officer Elon Musk reached a deal with U.S. securities regulators to settle a dispute over his Twitter use, removing an overhang on the stock....
22:51, 04/29/2019

Here's a Good Perspective on the Tesla Model 3 as a Fun Performance Car Tesla Model 3 owner and autocross racer Dean Rhodes told Grassroots Motorsports that he was tired of hearing that electric cars can’t withstand hard driving. So, he stepped up and started racing with an EV. His experience provides some interesting pe...
02:17, 05/17/2019

Tesla Model 3 Performance 2019 UK review Much ballyhooed ‘affordable’ electric saloon will be in showrooms later this year, making the question of its suitability for Britain’s awful roads look all the more urgent. We take it to some favourite ‘ride’ roads to discover the truth There can’...
18:17, 05/01/2019

Another Tesla may have spontaneously caught fire in Hong Kong Whether you’re a fan of Tesla or convinced that the company is destined to fail spectacularly, it’s impossible to deny that Tesla manufactures some of the safest cars the automotive world has ever seen. With that said, it’s a bit pe...
04:17, 05/14/2019

Tesla to reduce solar panel prices by up to 38 percent: NYT Tesla Inc plans to announce on Tuesday that it has started selling solar panels and related equipment for up to 38 percent below the national average price, the New York Times reported on Tuesday....
10:34, 04/30/2019

UPDATE 1-Tesla to reduce solar panel prices by up to 38 pct - NYT Tesla Inc plans to announce on Tuesday that it has started selling solar panels and related equipment for up to 38 percent below the national average price, the New York Times reported on Tuesday....
11:23, 04/30/2019

Tesla to Investigate Car That Appeared to Burst Into Flames in Shanghai The fire, involving a Tesla sedan in a parking garage, left no one injured, the fire department said. The automaker said it had dispatched a team “at once.”...
19:00, 04/28/2019

New Tesla driver experience: From an unattainable dream to $30,000 moneymaker? Initially a luxury buyer's experience, driving a Tesla can come with a sticker price comparable to a higher-end Honda Civic and now income potential.        ...
22:00, 04/28/2019

Tesla to reduce solar panel prices by up to 38 percent - NYT Tesla Inc plans to announce that it has begun selling solar panels and related equipment for up to 38 percent below the national average price, the New York Times reported on Tuesday....
11:23, 04/30/2019

This is the email Tesla sent employees after a series of recent leaks Tesla this week sent an email to employees warning about the impact of on-going press leaks. The email reminded employees that each of them signed confidentiality agreements, warning the company would take action against those it felt were in violati...
13:17, 05/05/2019

Tesla bid for tariff exemption on Model 3 'brain' rejected by U.S. U.S. trade officials rejected Tesla's bid for relief from President Trump's 25 percent tariffs on the Chinese-made computer "brain" in the Model 3, one of more than 1,000 product denials linked to China's industrial development plans....
04:34, 05/04/2019

U.S. rejects bid by Tesla for tariff exemption for Model 3 'brain' U.S. trade officials rejected Tesla Inc's bid for relief from President Donald Trump's 25 percent tariffs on the Chinese-made computer "brain" of its Model 3 electric vehicle, one of more than 1,000 product denials linked to China's industrial devel...
23:17, 05/03/2019

U.S. rejects Tesla bid for tariff exemption for Model 3 'brain' U.S. trade officials rejected Tesla Inc's bid for relief from President Donald Trump's 25 percent tariffs on the Chinese-made computer "brain" of its Model 3 electric vehicles, one of more than 1,000 product denials linked to China's industrial deve...
00:34, 05/04/2019

Elon Musk Says Tesla Needs Financial Micromanagement or It Will Go Broke If you look at the news coming out of Tesla over the last year or so, it’s obvious that the company is desperately trying to find ways to decrease operating costs. Whether it’s by closing down dealerships, publicly dismissing LIDAR because it’s too e...
02:51, 05/19/2019

Electric car incentives in Canada — what to know about the rebate that includes Tesla 3 When the Liberals released the 2019 federal budget, it included an incentive program for drivers to switch to an electric car. Here's what you need to know....
21:34, 05/01/2019

Tesla Posts Big Quarterly Loss as Its Electric-Car Sales Lag The $702 million loss exceeded expectations, but the company reaffirmed its guidance on the year’s deliveries. It said it was open to raising capital....
19:00, 04/28/2019

SEC commissioner decries agency's deal with Tesla's Musk A U.S. Securities and Exchange commissioner on Tuesday criticized a settlement between the regulator and Tesla Inc CEO Elon Musk over his use of Twitter....
07:17, 05/01/2019

Tesla's Autopilot Was Engaged During Another Fatal Crash: Report Back in March, a Tesla Model 3 crashed into a semi-truck turning onto a Florida highway, killing the driver. After a preliminary investigation, the National Transportation Safety Board has concluded Autopilot, Tesla’s semi-autonomous driving technolo...
23:51, 05/16/2019

US rejects Tesla's bid for tariff exemption for Model 3 'brain' U.S. trade officials rejected Tesla's bid for relief from President Donald Trump's 25% tariffs on the Chinese-made computer "brain" of its Model 3 electric vehicle....
23:34, 05/03/2019

Tesla fires sound alarms about safety of EV batteries Why is the auto industry worried? Should Chinese consumers slow their shift to EVs because of safety worries, it would be a serious blow because the nation accounts for more than half of the world's EV sales....
13:51, 05/16/2019

Ford to Invest $500 Million in Rivian, a Tesla Rival Rivian is developing a pickup and an S.U.V. on a chassis that Ford plans to use for models of its own. Two months ago, Amazon led a $700 million investment....
19:00, 04/28/2019

This Tesla Model 3 Badged as a 'Civic Si' Actually Kind of Works Some of the best badge engineering happens way out of an automaker’s control. Just take this Tesla Model...uh, I mean “Honda Civic Si” for example....
00:51, 05/16/2019

U.S. rejects Tesla bid for tariff exemption for Autopilot 'brain' U.S. trade officials rejected Tesla Inc's bid for relief from President Donald Trump's 25-percent tariffs on the Chinese-made Autopilot "brain" of its Model 3 and other electric vehicles, one of more than 1,000 product denials linked to China's indus...
06:34, 05/04/2019

Tesla raises $2.7B in expanded stock, bond sale Tesla is set to raise up to $2.7 billion in a record-setting round of new capital secured by the EV maker, as investors scoop up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet....
17:17, 05/03/2019

Tesla seeks to raise $2.3bn after concerns it is running out of money Company announced last week it had lost $702m in the first three months of the year and sold 31% fewer vehicles in the first quarterTesla is seeking to raise $2.3bn after its latest results heightened concerns that the troubled car company is running...
17:00, 05/02/2019

VW adds electric-car plants in China that will overtake Tesla Volkswagen is building two plants in China to produce 600,000 vehicles on its MEB battery-car platform in a level of scale that will likely leave Tesla trailing behind....
14:17, 05/15/2019

Third fatal Tesla Autopilot crash renews questions about the system Tesla's Autopilot system was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida, in at least the third fatal U.S. crash reported involving the driver-assistance system....
16:51, 05/17/2019

Tesla adds Lane Departure Avoidance that works when Autopilot is off While Tesla continues to tout the benefits of its Autopilot driving assist and insist that true self-driving capability is close to release, its latest updates work even when Autopilot isn't on. As described in a blog post, Lane Departure Avoida...
08:00, 05/03/2019

Musk, SEC Reach Deal to End Court Fight Over Tesla CEO's Tweets Elon Musk reached a deal with U.S. regulators that would eliminate the risk of him being held in contempt for allegedly violating an earlier court order over his use of Twitter....
18:17, 04/28/2019

Tesla's Musk agrees to new vetting rules for tweets in SEC deal Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over his use of Twitter, agreeing to submit his public statements about the company's finances and other topics to vetting by ...
18:17, 04/28/2019

Tesla seen finding ample appetite for its newest convertible bond Tesla Inc should find no shortage of demand for the $1.35 billion convertible bond the electric carmaker is selling even though the terms it is offering look inferior on paper to a similar deal two years ago, bond investors said Thursday....
05:17, 05/03/2019

Elon Musk weighs in on porn filmed in Tesla on autopilot Just call it the Tesla Model XXX. Telsa CEO Elon Musk responded nonchalantly this week to word that an aspiring porn star had used his vehicle’s autopilot feature to make a sex flick while driving through traffic. “Turns out there’s more way to use A...
02:34, 05/11/2019

Tesla is hurting but electric and self-driving cars are still a good investment Tesla is having a brutal year. But the company's missed sales forecasts and weakening demand shouldn't scare investors away from the electric vehicle business....
03:51, 05/17/2019

NTSB: Tesla’s Autopilot was enabled during fatal Model 3 crash A report by the NTSB shows that Tesla's Autopilot system was engaged in the minutes leading up to a fatal Model 3 crash in Florida last March.Read More...
01:51, 05/17/2019

NTSB says Tesla's Autopilot was active during fatal Model 3 crash The National Transportation Safety Board said in a preliminary report that Tesla's Autopilot system was active at the time of a fatal Model 3 crash in Delray Beach, Florida. Data showed the car's driver, who died in the March 1st incident, ...
01:17, 05/17/2019

Musk courts controversy with tweets on sex video filmed in Tesla Tesla CEO Elon Musk sent a series of tweets loaded with double entendre Thursday after a video surfaced this week of two people having sex in a Tesla operating on Autopilot....
14:51, 05/10/2019

Musk to review all of Tesla's expenses in new cost cutting plan Tesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he will increase scrutiny of the company's expenses in his latest initiative to cut costs at the electric car maker....
02:00, 05/17/2019

Third fatal Tesla Autopilot crash renews questions about system Tesla Inc's Autopilot system was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida, in at least the third fatal U.S. crash reported involving the driver-assistance system, the National Transportation Safety Board said on...
23:00, 05/16/2019

UPDATE 1-U.S. SEC commissioner decries agency's deal with Tesla's Musk A U.S. Securities and Exchange commissioner on Tuesday criticized a settlement between the regulator and Tesla Inc CEO Elon Musk over his use of Twitter....
06:51, 05/01/2019

Musk to review all of Tesla's expenses in new cost-cutting plan Elon Musk, in an email to employees, said Tesla's net proceeds from its recent stock and debt offering gave the company only 10 months to achieve breakeven at the rate it burned cash in the first quarter....
13:34, 05/17/2019

Tesla Looks to Regain Its Luster in Solar Energy by Slashing Prices The company said it would slash the cost of solar energy by up to 38 percent by standardizing systems and asking customers to take on more responsibilities....
09:17, 04/30/2019

Tesla's Autopilot system was engaged during fatal crash, NTSB says The NTSB's preliminary report said the Tesla driver engaged Autopilot about 10 seconds before crashing into a semitrailer and the system did not detect the driver's hands on the wheel for fewer than eight seconds before the crash....
21:00, 05/16/2019

Tesla profitability will not 'magically return,' analyst says, as Q1 was a 'debacle' for Musk Wedbush lowered its rating of Tesla shares to neutral from outperform on Thursday after the company reported a first-quarter loss that was far worse than Wall Street expected....
18:51, 04/28/2019

RPT-Tesla seen finding ample appetite for its newest convertible bond Tesla Inc should find no shortage of demand for the $1.35 billion convertible bond the electric carmaker is selling even though the terms it is offering look inferior on paper to a similar deal two years ago, bond investors said Thursday....
13:51, 05/03/2019

Tesla car catches fire in Hong Kong parking lot: media A Tesla Inc electric car caught fire in a parking lot in a Hong Kong shopping mall, the Apple Daily newspaper said on Tuesday, but no one was injured in the blaze, whose cause was not immediately known....
10:34, 05/14/2019

Watch a Tesla Model 3 quickly swerve on its own to avoid an accident at the last second It’s a shame that much of the narrative surrounding Tesla these days centers on the company’s stock price, Elon Musk’s shenanigans on Twitter, or other trivial details that don’t truly capture some of the impressive automotive...
05:00, 05/07/2019

| Tesla plunges 11% as deliveries drop-off deepens demand concerns Tesla shares have plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago....
20:00, 04/28/2019

Elon Musk to buy more Tesla stock in upsized capital raise Tesla on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company’s cash-depleted balance sheet. The comp...
19:34, 05/03/2019

UPDATE 4-U.S. rejects Tesla bid for tariff exemption for Autopilot 'brain' U.S. trade officials rejected Tesla Inc's bid for relief from President Donald Trump's 25-percent tariffs on the Chinese-made Autopilot "brain" of its Model 3 and other electric vehicles, one of more than 1,000 product denials linked to China's indus...
04:17, 05/04/2019

A Tesla Model S caught fire in a garage in San Francisco (TSLA) Tesla A Tesla Model S sedan caught fire in a garage in San Francisco, the San Francisco Fire Department tweeted on Friday. The fire was extinguished, and the vehicle was removed from the garage. Tesla told Business Insider in a statement that it had...
02:51, 05/04/2019

Elon Musk and S.E.C. Reach New Accord, Lifting Cloud Over Tesla Securities regulators and the chief executive of Tesla came up with a new agreement about when Mr. Musk’s social media posts must be reviewed by a lawyer....
19:00, 04/28/2019

Tesla, auto stocks hammered by China trade war fears Tesla shares fell 5.2 percent to $227.01 after China defied U.S. President Donald Trump by announcing plans to raise duties on $60 billion worth of American imports starting June 1. Most other auto stocks slipped on Monday. ...
22:51, 05/13/2019

Tesla rolls out new software update with two brand new safety features Say what you will about Tesla’s underlying business model or Elon Musk’s various antics, there’s simply no denying that Tesla vehicles are some of the safest cars on the planet. The NHTSA, for example, recently said that the Model h...
16:34, 05/04/2019

Tesla seeks dismissal of suit challenging Musk pay package DOVER, Del. (AP) — A Delaware judge is weighing whether to dismiss Tesla shareholders’ complaints over a compensation plan that could net CEO Elon Musk more than $50 billion over the next decade. The shareholder lawsuit says the automaker’...
23:00, 05/09/2019

UPDATE 3-U.S. rejects Tesla bid for tariff exemption for Model 3 'brain' U.S. trade officials rejected Tesla Inc's bid for relief from President Donald Trump's 25 percent tariffs on the Chinese-made computer "brain" of its Model 3 electric vehicles, one of more than 1,000 product denials linked to China's industrial deve...
23:17, 05/03/2019

Apple's iPhone battery life claims are exaggerated, claims UK watchdog According to new tests conducted by UK consumer watchdog Which?, Apple is greatly overestimating the battery life of various iPhone models, with the iPhone XR falling particularly short of the manufacturer's 25-hour talk time claim.The independe...
07:34, 05/06/2019

Ending tough week, Tesla shares sink to lowest in two years Tesla Inc's stock price slumped 5% on Friday to its lowest in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors....
18:34, 04/28/2019

Watch Tesla’s ‘Sentry Mode’ capture two men keying a Model 3 for no reason This past February, Tesla introduced a new security feature dubbed Sentry Mode. As the name subtly implies, Sentry Mode takes advantage of the array of video cameras on Tesla vehicles in order to capture 360-degree video when an incident like an atte...
05:00, 05/15/2019

Tesla CEO Elon Musk faces trial for ‘pedo’ insult of diver LOS ANGELES (AP) — Tesla CEO Elon Musk will have to go to trial to defend himself for mocking a British diver as a pedophile in a verbal sparring match that unfolded last summer after the underwater rescue of youth soccer players trapped in a Thailan...
00:51, 05/11/2019

Tesla critic fights company lawsuit, denies he menaced workers In a fiery court filing, Randeep Hothi -- known on Twitter as "Skabooshka" -- said none of the allegations the company made to get a judge to order him to stay away from its factory and employees are true....
19:00, 05/02/2019

Tesla aids Michigan customers with service center at Ohio border The location of Tesla's new service center on the Ohio border with Michigan could help the electric carmaker serve its Detroit area customers. Tesla has about 1,500 customers in Michigan. ...
00:34, 05/09/2019

Tesla sued over fatal 2018 Model X crash with Autopilot engaged Last spring, Apple engineer Walter Huang aka Wei Lun Huang died in a crash when his Tesla Model X hit a median on Highway 101 in Mountain View while the car's Autopilot driving assist was engaged. Now ABC 7 News and NBC Bay Area report that Huan...
10:51, 05/01/2019

America’s most eco-friendly vehicles from BMW to VW, includes a Tesla trio and two Toyotas 24/7 Wall St. used the Environmental Protection Agency’s passenger vehicle reviews to determine the most fuel-efficient 2018 models sold in the US.        ...
13:34, 05/01/2019

Elon Musk Predicts Tesla Driverless Taxi Fleet Next Year Mr. Musk said Tesla cars would soon drive themselves and serve as robot taxis. But many experts think autonomous cars are at least several years away....
19:00, 04/28/2019

Tesla's Autopilot Was Engaged in Fatal Florida Crash, Investigators Find Tesla’s driver-assistance feature was active and the driver’s hands weren’t detected on the wheel during a fatal crash in March, U.S. safety investigators said, a finding that could amp up scrutiny of the car maker’s Autopilot system....
00:51, 05/17/2019

Tesla Model S Catches Fire In Hong Kong Parking Lot: Report A Tesla Inc electric car caught fire in a parking lot in a Hong Kong shopping mall, the Apple Daily newspaper said on Tuesday, but no one was injured in the blaze, whose cause was not immediately......
13:00, 05/14/2019

Tesla Posts Surprisingly Large $700 Million Net Loss for Q1 as Sales Fall 31% SAN FRANCISCO — Tesla CEO Elon Musk had prepped Wall Street for a first quarter loss but analysts were still stunned by its size: $702.1 million, among the company’s worst quarters in the past two years. The net loss was more than double ...
18:17, 04/28/2019

Tesla's Autopilot Engaged in Fatal Florida Crash, Finds NTSB Tesla's "Autopilot" system was engaged by a driver who was killed in a March crash in Florida, according to an initial accident report released Thursday....
09:51, 05/17/2019

Tesla's China plant takes shape as key to Musk's future ambitions Foundations for the plant in Shanghai have been laid, and construction workers are erecting walls and other structures for the factory, which could eventually rival production from its U.S. assembly plant....
14:00, 04/29/2019

On the radar: Nissan stays cool on lidar tech, siding with Tesla Nissan Motor Co Ltd said on Thursday it would, for now, stick to self-driving technology which uses radar sensors and cameras, avoiding lidar or light-based sensors because of their high cost and limited capabilities....
14:17, 05/16/2019

Tesla sued over fatal crash blamed on Autopilot navigation error The family of Walter Huang said in the lawsuit that his Tesla, which was sold as a “state-of-the-art” automobile, lacked safety features, such as an automatic emergency braking system....
03:34, 05/02/2019

Tesla to raise money after painful first quarter with CEO Elon Musk is buying in A week after revealing a first quarter loss and the need to raise cash, Tesla is doing just that with CEO Elon Musk buying $10 million in new shares.        ...
06:34, 05/03/2019

Elon Musk owes $507 million to banks helping Tesla raise capital Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla's stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday....
06:00, 05/03/2019

Tesla stock drops after a report that Autopilot was engaged during a deadly crash in Florida The National Transportation Safety Board said Tesla's Autopilot system was active when a driver was killed in during a 2018 crash in Florida.        ...
21:17, 05/17/2019

Tesla stock slips after Elon Musk reveals company’s cash crunch Tesla’s stock slid Friday after Elon Musk warned that the electric-car maker could run out of cash in less than a year — even as US regulators revealed that Tesla’s controversial “Autopilot” software was activated during yet another fatal crash. In a...
22:17, 05/17/2019

Wheels: Tesla Got an Early Lead, but Luxury Electric Rivals Are Racing to Catch Up Several months ago, Jaguar introduced the I-Pace sport utility vehicle, and more rival electrics will soon be available from Audi, Mercedes, Porsche and Volvo....
19:00, 04/28/2019

Soros Fund Management increases stake in Tesla convertible bonds: filings Billionaire George Soros' investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc's convertible bonds due in 2021 by 17.5 million convertible bonds to 37.5 million convertible......
04:00, 05/16/2019

Can Elon Musk's robotaxi plan help Tesla owners make $30,000 a year? Tesla CEO Elon Musk said he is “very confident” Tesla would be able to offer robotaxis next year as a rival to ride-hailing apps like Uber and Lyft.        ...
22:00, 04/28/2019

GM joins Tesla, Ford in building EV pickups — but Texas ranchers don't want a 'playboy's truck' The Rivian pickup "wouldn't make sense for me. It sounds like a playboy's truck, instead of a work truck," Texas rancher Frank Helvey said....
19:51, 05/03/2019

Tesla sneaks past Canada EV incentive law with cheap 93-mile-range Model 3 The workaround allows customers to take advantage of the $5,000 EV incentive.The Tesla Model 3 has been too expensive to qualify for the federal EV incentive in Canada due to the restrictions the Canadian government has in place. In order for a consu...
18:17, 05/01/2019

UPDATE 6-Tesla ends 'Spartan diet,' seeks up to $2.3 bln from share, debt issues Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines....
00:51, 05/03/2019

Tesla's Autopilot system was engaged during fatal Florida crash in March: NTSB Tesla Inc's Autopilot feature was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida, in at least the third fatal U.S. crash reported involving the driver-assistance system, the National Transportation Safety Board said o...
20:00, 05/16/2019

Tesla Autopilot Malfunction Caused Crash That Killed Apple Engineer, Lawsuit Alleges Apple engineer Walter Huang was driving his 2017 Tesla Model X on U.S. Highway 101 in Mountain View, California, the morning of March 23, 2018, when the car steered left into a concrete median, killing Huang in the resulting crash.Read more......
00:17, 05/02/2019

Elon says Tesla will field 1M fully autonomous robo-taxis by 2020 – AI experts call BS Elon Musk, the PT Barnum of tech, is currently getting a ration of ridicule from some of the world’s foremost leading AI experts over his ridiculous claim that Tesla will field a million fully autonomous cars by 2020. If there are a million Tesla rob...
07:34, 05/09/2019

These idiots shot a porno in an Autopilot-enabled Tesla and Elon Musk deserves some blame Taylor Jackson is a pioneer, of sorts. The adult actress, to our knowledge, is the first to shoot a pornographic scene in a moving vehicle without a human driver. And much like other pioneers her actions will inspire some while leading others to reen...
07:34, 05/09/2019

Tesla CEO Elon Musk faces trial for calling Thai rescue diver a ‘pedo’ LOS ANGELES — Tesla CEO Elon Musk will have to go to trial to defend himself for mocking a British diver as a pedophile in a verbal sparring match that unfolded last summer after the underwater rescue of youth soccer players trapped in a Thailand cav...
02:34, 05/11/2019

Elon Musk emailed employees about how great Tesla's autonomy day was, but the plan has lots of holes The event served as a distraction from Tesla's recent operational, regulatory and financial troubles, which will be in full focus during the company's first-quarter earnings report on Wednesday....
18:51, 04/28/2019

Tesla reports bruising first-quarter loss of $702M amid concerns about Model 3 demand Facing concerns about demand and profitability, Tesla reported a bruising first-quarter net loss of $702 million on Wednesday.        ...
22:00, 04/28/2019

UPDATE 3-Tesla's Autopilot system was engaged during fatal Florida crash in March - NTSB Tesla Inc's Autopilot feature was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida, in at least the third fatal U.S. crash reported involving the driver-assistance system, the National Transportation Safety Board said o...
19:34, 05/16/2019

Elon Musk responds after porn star posts video of sex encounter while riding in Tesla on Autopilot A Los Angeles adult film performer and her boyfriend found a perhaps predictable way to use their time while riding in a Tesla on Autopilot mode last week -- and their online post drew the attention of Tesla CEO Elon Musk....
13:34, 05/10/2019

Report: Tesla to slash solar panel prices to stymie market-share loss [correction] Enlarge / Close-up of logo for Tesla Solar, a home solar power generation solution offered by Tesla Motors, San Ramon, California, March 28, 2018. (Photo by Smith Collection/Gado/Getty Images) (credit: Getty Images) In Tesla's first-quarter financi...
14:17, 05/02/2019

'Jersey Shore' star Ronnie Ortiz-Magro's ex-girlfriend arrested for domestic battery “Jersey Shore” star Ronnie Ortiz-Magro’s on-again-off-again girlfriend has been arrested, accused of battering him. Nathan Rousseau Smith has the story.        ...
21:34, 05/18/2019

Ford passes Tesla in market cap: Wall Street warms to 116-year-old car maker, doubts Musk's future Ford's big gains after its first-quarter earnings led the 116-year-old automaker to pass the market capitalization of Elon Musk's struggling electric-car maker, Tesla. The value of Tesla shares has fallen roughly 30% this year....
18:51, 04/28/2019

MoKo Xbox One/One S Controller Charger Dock Kit 2 x 800mAh Rechargeable Battery Packs Charging Station for Xbox One One S One X Xbox One Elite Controllers - White MoKo Xbox One/One S Controller Charger Dock Kit 2 x 800mAh Rechargeable Battery Packs Charging Station for Xbox One One S One X Xbox One Elite Controllers - White...
02:34, 05/09/2019

GM Cruise Is Now Worth $19 Billion Because Why Not Cruise, GM’s autonomous vehicle arm, raised another $1.15 billion at a total valuation of $19 billion, according to several media reports including TechCrunch. The new investment adds T. Rowe Price to the list of the company’s investors, as well as i...
04:34, 05/08/2019

Tesla CEO Elon Musk faces trial for calling British diver a 'pedo' Tesla CEO Elon Musk will have to go to trial to defend himself for mocking a British diver as a pedophile in a verbal sparring match from last summer.        ...
05:51, 05/11/2019

Uber, Down $14 Billion Since Friday, May Drop Even Further Outpacing the New York Stock Exchange’s losses on another rocky day of trading, Uber’s disappointing IPO is becoming disastrous, falling an additional 10.8 percent in its second day as a public company.Read more......
04:00, 05/14/2019

This app has saved Americans $10 billion on prescriptions so far Start-up GoodRx is upending pharmacies with an app that gives users real-time drug prices at 70,000 locations nationwide. It was ranked No. 6 on the 2019 CNBC Disruptor 50 list....
13:17, 05/15/2019

Pakistan To Get $6 Billion From IMF Over Next Three Years: Official Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement....
21:17, 05/12/2019

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved....
06:00, 05/16/2019

Uber slips below $70 billion value in turbulent first day It took more than two hours for Uber shares to finally start trading after Uber executives and drivers congregated at the New York Stock Exchange for the bell-ringing ceremony. Uber closed at $41.57, giving it a market capitalization of just $69.7 bi...
19:00, 05/11/2019

An $8 Billion Refinery? Mexican President Says, Yes We Can Experts told Mexico’s president it’s impossible to build a refinery at the price he wants, so he orders Mexico’s struggling oil company to do it instead....
03:00, 05/10/2019

Treasury to Sell $109 Billion in Debt The U.S. Treasury Department will auction next week $109 billion in securities, comprising $62 billion in new debt and $47 billion in previously sold debt....
21:17, 05/16/2019

IFM Investors to Buy Buckeye Partners for $6.5 Billion Australian-based IFM Investors has agreed to acquire Buckeye Partners LP at a value of $6.5 billion. The infrastructure-focused investment manager agreed to an all-cash transaction that would give Buckeye shareholders $41.50 apiece for all of the sha...
17:34, 05/10/2019

Pakistan to Accept $6 Billion Bailout From I.M.F. Prime Minister Imran Khan had opposed any bailout before taking office, but has since reluctantly embraced the need for a rescue with Pakistan’s economy facing a crisis....
20:51, 05/12/2019

IBM Completes $20 Billion Bond Sale International Business Machines sold $20 billion of bonds Wednesday to help fund its purchase of Red Hat Inc., adding to a busy week for corporate-debt issuance....
01:00, 05/09/2019

Treasury to Sell $159 Billion in Debt The U.S. Treasury Department will auction next week $159 billion in securities, comprising $84 billion in new debt and $75 billion in previously sold debt....
20:34, 05/02/2019

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr) Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent year on year, to set a new record for the company'...
16:51, 05/02/2019

US trade deficit rises to $71 billion The U.S. international trade deficit was $71.4 billion in March, the U.S. Census Bureau reported Friday, up half-billion dollars from February, or 0.7%....
17:34, 05/03/2019

Qualcomm to Get at Least $4.5 Billion in Apple Settlement Qualcomm will receive at least $4.5 billion from Apple as part of a settlement that ended more than two years of wrangling over the chip maker’s patent-licensing fees....
00:00, 05/02/2019

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, its block trading platform powered by BIDS technolo...
23:34, 05/01/2019

Berkshire Investing $10 Billion in Occidental to Help Anadarko Bid Berkshire Hathaway has agreed to make a $10 billion investment in Occidental Petroleum as part of an effort to help the oil company complete a proposed deal to buy Anadarko Petroleum....
16:00, 04/30/2019

Facebook could be fined up to $5 billion by the FTC due to privacy violations Facebook has been dealing with one privacy-related scandal after another for more than a year now, a reality that’s about to present the social networking company with a seriously heavy financial penalty. The company shared its first quarter re...
12:51, 05/02/2019

Mexico’s Pemex gets refinancing worth $8 billion MEXICO CITY (AP) — Mexico’s heavily indebted state-owned oil company has won about $8 billion in refinancing and extended lines of credit from three private banks. Petroleos Mexicanos needed the refinancing to handle a debt that currently total...
19:17, 05/13/2019

Qualcomm Scored $4.5 Billion or More in Settlement With Apple Semiconductor and telecommunications equipment manufacturer Qualcomm said on Wednesday it will take home a one-time payment of between $4.5 billion to $4.7 billion from its settlement with tech giant Apple over the next quarter, the New York Times re...
05:00, 05/02/2019

SoftBank Considers IPO for $100 Billion Vision Fund SoftBank Group is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size....
13:34, 05/03/2019

SoftBank Invests in an Opaque $100 Billion Industry More and more companies are using intermediaries like Greensill to pay their suppliers early. It’s a part of accounting in desperate need of transparency....
12:51, 05/15/2019

Trump: Japan will invest $40 billion in U.S. car factories U.S. President Donald Trump on Saturday said at a rally that Japanese Prime Minister Shinzo Abe told him Japan is investing $40 billion in new car factories in the United States....
18:17, 04/28/2019

FCA completes sale of Magneti Marelli for $6.5 billion Fiat Chrysler Automobiles has completed the sale of supplier Magneti Marelli to Calsonic Kansei for $6.5 billion, slightly below the initial price tag due to the unit's changed financial position....
19:00, 05/02/2019

China raising tariffs on $60 billion in US goods China announced Monday that it will impose tariffs on $60 billion worth of American products starting June 1 – an apparent retaliation to President Trump’s decision to hike duties on goods from the country. Beijing will slam a number of US imports wi...
15:51, 05/13/2019

Donald Trump Somehow Lost $1 Billion in Ten Years We all know that our president is a terrible businessman, but information about his federal income tax returns obtained by the New York Times showss that he is even worse than previously thought. Between the years of 1985 and 1994, Trump lost an asto...
12:17, 05/08/2019

GM's Cruise Receives $1.2 Billion Equity Investment General Motors’ Cruise division has landed another $1.2 billion in outside financing, bringing the value of the driverless-car developer to $19 billion....
20:17, 05/07/2019

The Latest: Couple with $2 billion win still resent Monsanto SAN FRANCISCO (AP) — The Latest on $2 billion verdict against Monsanto (all times local): 7 p.m. A Northern California couple both stricken with cancer they say was caused by Monsanto Co.’s weed killer say they still resent the company even aft...
07:17, 05/14/2019

Huawei's $105 billion business at stake after U.S. broadside The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment....
16:17, 05/16/2019

US trade deficit edges up to $50 billion in March WASHINGTON (AP) — The U.S. trade deficit increased slightly in March even though the deficit with China fell to the lowest point in five years. The Commerce Department said Thursday that the total deficit in goods and services edged up 1.5% to $50 bi...
15:17, 05/09/2019

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
16:34, 05/18/2019

$5 billion fine is a 'bargain' for Facebook, top US senators say A bipartisan letter published Monday puts additional pressure on the FTC as it weighs steps to punish Facebook for mishandling users' personal information....
11:17, 05/07/2019

US$84 billion? Uber is set to hit the road in this year's biggest IPO Ride-hailing company entered the final stretch of the ultimate capital-raising exercise on Friday, when it disclosed details of an initial public offering that could bring set its value at around US$84 billion....
18:00, 04/29/2019

$42 Billion Slump For India's Auto Sector - And It May Not Be Over A gauge of automobile companies has fallen 30 percent since reaching a record in December 2017, and is the worst-performer among 19 sector indexes in the nation's equity market this year. That's as......
12:00, 05/03/2019

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, Cboe FX, reported record spot average daily volume...
23:34, 05/01/2019

Trump says he’s adding $1.6 billion to NASA’s budget WASHINGTON (AP) — President Donald Trump says he is adding $1.6 billion to NASA’s budget “so that we can return to Space in a BIG WAY!” Trump announced the decision in a series of tweets Monday about the budget. He says that under h...
00:51, 05/14/2019

Novartis buys dry eye drug from Takeda for up to $5.3 billion Novartis is buying dry-eye drug Xiidra from Takeda Pharmaceutical Co for up to $5.3 billion as the Swiss drugmaker refreshes its ophthalmic medicines portfolio with a potential blockbuster....
14:00, 05/09/2019

SoftBank Plans for Second $100 Billion Vision Fund Less than two years after the Vision Fund’s launch, the Japanese company has deployed most of its money, investing in the world’s most valuable technology companies, including Uber and WeWork....
12:17, 05/09/2019

China to hike tariffs on $60 billion of US goods China said the move was a "response to US unilateralism." Recent talks to end the trade spat between the world's two largest economies ended without a breakthrough last week....
23:34, 05/13/2019

How Russia contaminated $2.7 billion of oil exports to Europe It was a quiet Easter holiday at the offices of major European oil companies and refiners when an email in Russian landed. "What the hell does it say?" one manager recalled thinking as he sent it to his Moscow office for translation....
18:17, 04/30/2019

US to raise tariffs on $200 billion of Chinese goods up to 25% In announcing the tariff hike, US President Donald Trump complained that trade talks with China were moving "too slowly." The tariff increases on $200 billion of Chinese goods are set to start by the end of the week....
20:51, 05/05/2019

U.S. farmers receive $8.52 billion in aid to date, USDA says The U.S. Department of Agriculture has to date paid out $8.52 billion in direct payments to American farmers as part of the 2018 aid program, designed to offset losses from trade tariffs by China and other trading partners, a spokesman for the agency...
18:00, 05/15/2019

China's Xi touts more than $64 billion in Belt and Road deals President Xi Jinping on Saturday hailed deals worth more than $64 billion signed during China's Belt and Road Initiative (BRI) this week as he sought to reassure skeptics the project will deliver sustainable growth for all involved....
18:17, 04/28/2019

Amy Klobuchar Proposes $100 Billion for Addiction and Mental Health Ms. Klobuchar said she was making addiction, including alcoholism and the opioid crisis, an early focus of her campaign in part because of her experience with her father’s alcoholism....
13:00, 05/03/2019

Lyft’s First Results After I.P.O. Show $1.14 Billion Quarterly Loss The ride-hailing company’s revenue nearly doubled for the quarter, while its loss was driven by a hefty charge for its stock-based compensation plan....
02:00, 05/08/2019

Trump administration proposes another $1.6 billion for Moon efforts The Trump administration isn't convinced the $10.7 billion set aside for space exploration in the proposed 2020 budget is enough to help put astronauts on the Moon by 2024. The President has submitted an amendment to the fiscal 2020 budget that...
06:34, 05/14/2019

GM's Cruise gets $1.15 billion new cash from T. Rowe Price, SoftBank General Motors Co's majority-owned Cruise self-driving division on Tuesday said T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, valuing the unit at $19 billion....
17:34, 05/07/2019

BMW profit slides 78% hit by $1.6 billion legal provision, expenses BMW's first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 billion) legal provision....
12:00, 05/07/2019

Big Banks Push to Free Up $40 Billion From Postcrisis Restrictions The biggest U.S. banks are ramping up efforts to secure a regulatory reprieve they believe will give them access to a nearly $40 billion pot of money tied up by restrictions....
23:34, 05/07/2019

Pakistan, IMF in final round of talks on $8 billion bailout Pakistan and the International Monetary Fund have launched the final round of talks over the $8 billion bailout package for Islamabad, a deal that's expected to be signed next month....
14:51, 04/29/2019

Warren Buffett bankrolls Occidental's Anadarko bid with $10 billion Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp....
19:17, 04/30/2019

China announces retaliatory tariffs on $60 billion in U.S. goods China announced Monday it will raise tariffs on $60 billion in U.S. goods in response to the Trump administration raising tariffs on $200 billion in Chinese products....
18:00, 05/13/2019

Trump takes credit for $1 billion US Steel investment President Trump took credit Thursday for an announcement by U.S. Steel Corp. that it would invest more than $1 billion in a facility in Braddock, Pa., near Pittsburgh....
08:34, 05/03/2019

China Hits Back With Tariffs on $60 Billion in U.S. Goods China fired back at the U.S. Monday, raising tariffs on roughly $60 billion worth of U.S. goods in retaliation for President Trump’s decision to escalate tariffs on Chinese imports....
17:17, 05/13/2019

Vodafone offloads NZ business to Brookfield, Infratil for $2.36 billion Vodafone Group Plc said on Monday that it had agreed to sell its New Zealand business for about 2.1 billion euros ($2.36 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada's Brookfield Asset Management....
23:34, 05/13/2019

FCA Offloads Parts Supplier Magneti Marelli For $6.5 Billion Fiat Chrysler Automobiles announced Thursday that it has sold Italian-based parts supplier subsidiary Magneti Marelli to the Japanese holding company CK Holdings, itself the parent company of competitive automotive parts supplier Calsonic Kansei. Mag...
07:17, 05/03/2019

Trump says U.S. farmers to get $15 billion in aid amid China trade war President Donald Trump said on Monday that his administration was planning to provide about $15 billion in aid to help U.S. farmers whose products may be targeted with tariffs by China amid a deepening trade war....
23:34, 05/13/2019

Over 2 billion YouTube users are logged in and watching every month YouTube has hit a new milestone, with over two billion viewers logged into the service and going square-eyed every month. That's a little over a quarter of the world's population.As CNET reports, YouTube CEO Susan Wojcicki announced the new...
18:51, 05/03/2019

Satellites could save Americans $30 billion on internet bills Upcoming satellite technology could lower prices for internet services, a new report predicts. Low Earth Orbit (LEO) satellites from Elon Musk’s SpaceX Starlink project and Jeff Bezos’ Project Kuiper could save American households more than $30 billi...
22:51, 05/13/2019

Facebook Is Preparing for a Multi-Billion Dollar Fine From the FTC (SAN FRANCISCO) — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users’ privacy. The company set aside $3 billion in its quarterly earn...
18:51, 04/28/2019

SoftBank mulls IPO of $100 billion Vision Fund: source Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday....
20:00, 05/03/2019

NASA is asking for another $1.6 billion to fulfill the Moon 2024 promise Back in March, the Trump administration declared that it was directing NASA to send humans back to the Moon no later than 2024. That’s an incredibly tight deadline for an agency with a budget that is nowhere near what it was (in adjusted dollar...
05:00, 05/16/2019

China Says It Will Impose Tariffs On $60 Billion Worth Of US Goods China said Monday it will impose tariffs on $60 billion worth of US goods from June 1, in apparent retaliation after Washington announced plans to tax almost all Chinese imports....
18:51, 05/13/2019

BHP faces $5 billion claim over 2015 Brazil dam failure Anglo-Australian mining giant BHP is facing a landmark, $5.0 billion damages claim in England for being "woefully negligent" in the run-up to a 2015 dam failure that led to Brazil's worst environmental disaster, a lawsuit alleges....
15:00, 05/07/2019

Berkshire Hathaway To Invest $10 Billion In Occidental For Anadarko Buy Occidental and Chevron Corp are locked in a battle to buy Anadarko's prized assets in West Texas' huge Permian shale oil field, the biggest oil-industry takeover in years...
00:51, 05/01/2019

Monsanto ordered to pay US$2 billion in latest Roundup blow Jury in California orders Bayer-owned Monsanto to pay more than US$2 billion in damages to a couple that sued on grounds the product caused their cancer....
21:34, 05/15/2019

‘Avengers: Endgame’ Conquers the World With a $1.2 Billion Opening The superhero movie took in roughly $350 million in North America, easily beating “Star Wars: The Force Awakens.” It was the No. 1 movie in at least 54 countries....
18:51, 04/28/2019

Newspaper: Trump lost more than $1 billion from 1985 to 1994 WASHINGTON (AP) — The New York Times is reporting that Donald Trump’s businesses lost more than $1 billion from 1985 to 1994, based on tax information the newspaper acquired. The Times says it has acquired printouts from the future president...
03:51, 05/08/2019

Boeing wins $5.7 billion U.S. defense contract - Pentagon Boeing Co has been awarded a $5.7 billion U.S. defense contract for post-production requirements for the KC-46 Pegasus aircraft, the Pentagon said on Monday....
03:34, 04/30/2019

SoftBank eyeing near US$1-billion investment in Colombia's Rappi Rappi was founded in 2015 by three friends as a restaurant-delivery business in Colombia’s capital, Bogotá. It has since spread across Latin America....
17:34, 04/30/2019

U.S. Takes Aim at $300 Billion in Chinese Imports for Higher Tariffs (BEIJING) — U.S. officials are targeting a $300 billion list of additional Chinese imports including laptop computers for tariff hikes, ratcheting up a trade fight that is shaking financial markets and fueling fears about global economic growth...
11:34, 05/14/2019

Buffett's Berkshire to invest $10 billion in Occidental for Anadarko buy Warren Buffett's Berkshire Hathaway Inc will put $10 billion behind Occidental Petroleum Corp's bid as it tries to see off competition from Chevron Corp to buy smaller rival Anadarko Petroleum Corp....
18:17, 04/30/2019

Qualcomm expects to make $4.5 billion from Apple settlement The costs of Apple's truce with Qualcomm are now much clearer. Qualcomm now estimates that it will pull in revenue between $4.5 billion and $4.7 billion from the settlement in the third quarter of the year, including both the one-time payment f...
01:51, 05/02/2019

Uber’s $82 billion valuation underwhelms in most anticipated IPO since Facebook Uber priced its IPO at the low end of its target for a valuation of $82.4 billion, an underwhelming result for the most anticipated IPO since Facebook.Read More...
10:34, 05/10/2019

J&J agrees to pay about $1 billion to resolve hip implant lawsuits: Bloomberg Johnson & Johnson agreed to pay about $1 billion to resolve the bulk of lawsuits claiming the company sold defective metal-on-metal hip implants that ultimately had to be removed, Bloomberg reported on Tuesday, citing people with knowledge of the mat...
21:00, 05/07/2019

Budweiser Brewer Plans $7 Billion Hong Kong IPO The Asian business of beer giant Anheuser-Busch InBev filed an application to list on the Hong Kong stock exchange, moving closer toward a multibillion-dollar initial public offering later this year....
08:17, 05/10/2019

Cboe LIS Hits New Milestone of €20 Billion Traded Since Launch LONDON – 3 January 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe Equities traded more than €20 billion in notional value on Cboe LIS, its Eur...
23:34, 05/01/2019

Uber and Eight Other Once-Small Startups Are Now Worth a Combined $250 Billion Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and cloud computing....
03:17, 05/10/2019

Nextdoor Valued at More Than $2 Billion in Fresh Funding Round Neighborhood-focused social network Nextdoor said it has secured a $123 million investment led by Riverwood Capital, valuing the company at $2.1 billion....
18:00, 05/14/2019

'Avengers: Endgame' Surpasses $2 Billion in Record Time Walt Disney Co.’s “Avengers: Endgame” became the second-highest-grossing movie of all time, reaching nearly $2.19 billion in global box-office revenue just 12 days after hitting theaters....
02:51, 05/06/2019

DoorDash Takes Aim at Nearly $13 Billion Valuation in New Funding Round Food-delivery startup DoorDash is raising a new round of financing that could value the company at close to $13 billion, according to people familiar with the situation....
04:34, 05/18/2019

Avengers: Endgame Becomes 1 of Only 5 Films to Make $2 Billion Globally (LOS ANGELES) — “Avengers: Endgame” continued its global domination at the box office in a second week victory lap that saw the blockbuster cross the $2 billion mark in record time and unseat “Titanic” as the second high...
05:51, 05/06/2019

Cboe Periodic Auctions Hits First €1 Billion Day on 24 April LONDON – 25 April 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe’s Periodic Auctions book set a new one-day record of €1.08 billion notional value t...
17:51, 05/01/2019

US Approves Nearly $6 Billion In Weapons Sales To Gulf Allies The U.S. State Department has approved a possible $6 billion worth of weapons sales to Bahrain and the United Arab Emirates in three separate packages, the Pentagon said on Friday after notifying......
05:34, 05/04/2019

EU fines major banks €1 billion over currency cartels Regulators in the European Union have levied a hefty fine on Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG over collusion in currency trading....
02:34, 05/17/2019

US To Raise Tariffs On $200 Billion Worth Of Chinese Imports The United States will raise tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports effective Friday, according to a notice posted to the Federal Register on Wednesday....
15:51, 05/08/2019

China's billion-dollar Belt and Road party: Who's in and who's out Leaders from across the world have arrived in Beijing for the second Belt and Road Forum, drawn by the possibility of billions of dollars in Chinese funding for infrastructure projects....
19:00, 04/28/2019

Fiat Chrysler to spend $2 billion on CO2 fines and credits The $2 billion to be spent by FCA in fines and credit purchases over three years compares with $10 billion that it plans to invest in EVs within the 2018-22 business plan....
14:00, 05/11/2019

Pentagon shifting $1.5 billion to border wall construction WASHINGTON — The Pentagon is shifting $1.5 billion in funds originally targeted for support of the Afghan security forces and other projects to help pay for construction of nearly 80 miles of wall at the U.S.-Mexican border, officials said Friday. Co...
13:34, 05/11/2019

Singapore's GIC Takes Stake in WaterBridge at $3 Billion Valuation Singapore sovereign-wealth fund GIC has bought a stake in WaterBridge Resources in a deal that values the Houston-based handler of oil-drilling wastewater at nearly $3 billion including debt, according to people familiar with the matter....
13:51, 05/17/2019

Loss of the UK’s ash trees due to fungal disease may cost £15 billion Ash dieback, a fungal disease in the UK’s ash trees, could cost the country nearly £15 billion in clean-up and lost ecosystem benefits like carbon sequestration...
18:17, 05/06/2019

Japan's SoftBank invests $1 billion in delivery app Rappi Japan's SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming earlier media reports....
00:17, 05/01/2019

Pentagon shifts another $1.5 billion for Trump’s border wall (CNN) — The Pentagon has diverted an additional $1.5 billion in Defense Department funds from various accounts in order to fund President Donald Trump’s border wall, acting Defense Secretary Patrick Shanahan told reporters Friday. He said the m...
03:00, 05/11/2019

General Electric agrees to pay $1.5 billion civil penalty CNBC's Dom Chu reports on the settlement reached between General Electric and the Department of Justice. General Electric agreed to pay a $1.5 billion penalty for allegations related to subprime lending unit...
18:17, 04/28/2019

Nvidia’s Q1 revenues down 31% to $2.22 billion, beating modest estimates Nvidia reported earnings and revenues that were well below last year's figures, but the graphics and AI chips company beat analyst expectations.Read More...
01:51, 05/17/2019

FCA Completes Sale Of Magneti Marelli To CK Holdings For $6.5 Billion Fiat Chrysler Automobiles (FCA) has approved the sale of its car parts corporation Magneti Marelli to Japanese firm CK Holdings. The latter is part of the Calsonic Kansei Corporation and has purchased......
17:51, 05/02/2019

350 Kilograms Narcotics Worth Over Rs 3.45 Billion Seized In Pakistan The Pakistan Coast Guards during a raid in the country's restive Balochistan province recovered 350 kgs narcotics worth over Rs 3.45 billion, officials said....
12:51, 05/01/2019

VW shrugs off 1 billion euro legal hit with higher SUV sales Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.7 percent higher....
18:17, 05/02/2019

Wynn Resorts in talks to sell $2.6-billion Encore casino to MGM Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday....
23:00, 05/17/2019

Siemens pips GE in race for Iraq's $14 billion electricity scheme Siemens is well placed to win the bulk of orders flowing from a $14 billion scheme to rebuild Iraq's electricity infrastructure following years of war, the country's Prime Minister Adel Abdul Mahdi said in Berlin on Tuesday....
18:17, 04/30/2019

Disney, Sinclair have $10.6 billion deal for 21 regional sports networks Sinclair Broadcast Group will get 21 regional sports networks in markets such as Detroit, LA and Miami from Disney in a deal valued at $10.6 billion.        ...
00:00, 05/04/2019

Bayer nears seven-year low after $2 billion award in Roundup trial Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer....
18:51, 05/14/2019