Money

Money Tesla knocks $1,100 off price of the Model 3
Author: 0 Tesla knocks $1,100 off price of the Model 3

Now, Tesla has updated its website to the new pricing which shows that once the federal tax credit of $US3,750 and a fuel savings (based on 10,000 miles and a cost of $US2.85 per gallon) are applied, USA drivers can buy the mid-range Model 3 for $US34,850 ($US49,049).

Money BB&T and SunTrust announce merger, creating nation's sixth-largest bank
Author: 0 BB&T and SunTrust announce merger, creating nation's sixth-largest bank

While it may be tempting to explain the deal by pointing to the partial rollback of the postcrisis Dodd-Frank financial reform law that signed was into law last spring by President Donald Trump , the bulk of that law's measures were targeted at banks far smaller than the one that will be created by this deal, if it is approved by regulators.

Money Mercedes-Benz Stadium Roof Will Be Closed During Super Bowl LIII
Author: 0 Mercedes-Benz Stadium Roof Will Be Closed During Super Bowl LIII

Twitter users christened Super Bowl 53 between the New England Patriots and Los Angeles Rams on Sunday as the most boring. Atlanta is setting the standard for concession prices at sports games, as even for the biggest game of the year, they managed to maintain incredibly low prices for their products.

Money US oil, gasoline inventories up in latest week
Author: 0 US oil, gasoline inventories up in latest week

Still, "more hard work is needed to turn this market unreservedly bullish". The Organization of the Petroleum Exporting Countries and its allies, including Russian Federation, agreed to production cuts effective from last month to beat back supply growth.

Money Angela Ahrendts quits as head of Apple retail
Author: 0 Angela Ahrendts quits as head of Apple retail

After five years at Apple, senior VP of retail Angela Ahrendts is leaving the company in April. The departure of Ahrendts was a surprise, given her position as a key Apple executive and the perception she could be in the running to inherit the chief executive's crown from Cook, according to Wedbush analyst Daniel Ives.

Money RBI Seen Changing Policy Stance In Shaktikanta Das' First Review Today
Author: 0 RBI Seen Changing Policy Stance In Shaktikanta Das' First Review Today

The repo rate is the rate at which the Reserve Bank lends short-term money to the banks, while the reverse repo rate is the rate at which the central bank borrows money from commercial banks. The CSO has estimated GDP growth at 7.2 per cent for 2018-19. This was the first meeting of the monetary policy committee (MPC) under Shaktikanta Das who took over as the RBI governor in December after the sudden exit of Urjit Patel over differences with the Modi government.

Money Royal Commission report released
Author: 0 Royal Commission report released

So with that strong market reply from investors yesterday it's no wonder that CEO Andrew Thorburn and Chairman Ken Henry yesterday rejected criticism of them and their attitudes in the appearances at the royal commission from Commissioner, Ken Jayne in his final report.

Money Donald Trump to choose Treasury's David Malpass to lead World Bank
Author: 0 Donald Trump to choose Treasury's David Malpass to lead World Bank

Since its founding at the end of World War II, the World Bank has been led by Americans, all of whom were appointed by the US President. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

Money Oil falls 1 percent as supply concerns fade
Author: 0 Oil falls 1 percent as supply concerns fade

Longer-term investors believe the OPEC-led production cuts could eventually trim the global supply glut while stabilizing prices. Brent crude, the global benchmark, was trading below $63 a barrel on Tuesday compared to $61 on January 29, the day after the United States imposed sanctions on Venezuelan state oil firm PDVSA.

Money Crude Oil Price Lower But Remains Range Bound
Author: 0 Crude Oil Price Lower But Remains Range Bound

Bullish traders are banking on the Venezuelan oil sanctions and the OPEC-led production cuts to provide support. A report published by the US Energy Information Administration (EIA) last week showed that the country's oil production averaged a record 11.9 million barrels a day in November, up 345,000 from October and up almost 1.8 million compared with November 2017's average figures.

Money Despite selling 7.3 million copies, Battlefield 5 did not meet EA's expectations
Author: 0 Despite selling 7.3 million copies, Battlefield 5 did not meet EA's expectations

The combination of the poor start, a longer development cycle, and millions still playing Battlefield 1 and 4 were also contributing factors to the lower than expected sales, said CEO Andrew Wilson. "We made some decisions on launch timing and key features of this game that we felt would improve the quality of the experience". "For context, Battlefield 5 was designed from the beginning to offer a long-term live service ".

Money Trade Wars: The Pain and the Gain
Author: 0 Trade Wars: The Pain and the Gain

But the gains for some countries could be undermined by other aspects of the trade war, which has contributed to an economic slowdown in China and triggered volatility in global markets. "Countries that are expected to benefit the most from US-China tensions are those which are more competitive and have the economic capacity to replace US and Chinese firms", the UNCTAD said.

Money Apple reaches €500m tax settlement with France
Author: 0 Apple reaches €500m tax settlement with France

Apple has agreed to pay 500 million euros ($571 million) to France in back tax, Reuters reported Tuesday. However, it's the latest in a spate of issues Apple faces over its taxes . The tax, to be put to parliament in a bill later this month, would affect companies with global sales of more than €750 million and €25 million in France, according to the government.

Money Speaker Pelosi’s Awkward Applause During Trump’s States of the Union Makes Headlines
Author: 0 Speaker Pelosi’s Awkward Applause During Trump’s States of the Union Makes Headlines

Stacey Abrams of Georgia was chosen to give the Democratic Party's response to Trump. And then there was Speaker Nancy Pelosi's golf clap for Trump - a slapping of hands together that has already become a meme. One bright spot for the president has been the economy, which has added jobs for 100 straight months. Last year, the introduction at the State of the Union was given by Republican Speaker Paul Ryan .

Money GM begins layoffs with 4,300 white-collar workers mostly in U.S.
Author: 0 GM begins layoffs with 4,300 white-collar workers mostly in U.S.

Wright says the company expects to have a "modest" number of other salaried reductions completed shortly but declined to provide specifics. When GM CEO Mary Barra made the announcement, she met with legislators on Capitol Hill about why her company planned to close four American plants.

Money Ryanair slumps to FIRST LOSS since March 2014 - share price plummets
Author: 0 Ryanair slumps to FIRST LOSS since March 2014 - share price plummets

Monday's warning of more tough trading came as the Irish company said it had secured the services of its long-standing chief executive Michael O'Leary for another five years. Ryanair slipped into the red at the end of last year after intense competition forced it to cut fares across Europe, and reiterated that Brexit could drag down full-year profits.

Money Theresa May to take bid to reopen Brexit deal to Brussels
Author: 0 Theresa May to take bid to reopen Brexit deal to Brussels

By contrast, the DUP leader, Arlene Foster, said she would tell the Prime Minister the proposed backstop "drives a coach and horses" through the agreement and effectively create a new border between Northern Ireland and the rest of the UK.

Money Alphabet Stocks Drop 3% As Investors Worry About Amazon
Author: 0 Alphabet Stocks Drop 3% As Investors Worry About Amazon

Revenue-wise, Alphabet is still an advertising company , despite its investment in cloud and other business. Overall, Alphabet recorded $39.3 billion in revenue during the fourth quarter, with Google's advertising business accounting for the vast majority of that revenue.

Money Plan to evacuate royals in case no-deal Brexit sparks riots
Author: 0 Plan to evacuate royals in case no-deal Brexit sparks riots

The minister said that without a deal, an extension to Article 50 was increasingly likely, potentially delaying Brexit until the summer. Mrs May will say: "The measure of this moment in Northern Ireland's history must be more than whether we avoid a return to the challenges of the past".

Money Tesla buying battery firm for $218m to speed charging
Author: 0 Tesla buying battery firm for $218m to speed charging

Maxwell Technologies is a small company and has been around for more than 50 years. Analysts think that future Teslas may feature a "co-battery" of sorts, allowing for fast charging and discharging through a series of ultracapacitors , with the main energy storage in the auto still being the lithium battery modules.

Money Crypto company can't access $200M after CEO dies with sole password
Author: 0 Crypto company can't access $200M after CEO dies with sole password

Citing a sworn affidavit by Robertson as she filed for credit protection, Sky News reports that Cotten held " sole responsibility for handling the funds and coins ". Discussion boards on Reddit are peppered with skeptical comments about the company's efforts to work out its issues, and some users say they have upward of $80,000 or $100,000 that has been locked away from them.

Money The most searched for Super Bowl foods, according to Google
Author: 0 The most searched for Super Bowl foods, according to Google

Papa John's has a number of Super Bowl party specials , including "The MVP", which serves 10-15 with five large 1-topping pizzas & two Pepsi 2-liter products. Expecting to get one of the discounts. States surrounding us had more traditional fare, with jalapeno poppers in IL, buffalo chicken dip in OH and pizza in MI.

Money Watch SpaceX Test Fire the Raptor Engine
Author: 0 Watch SpaceX Test Fire the Raptor Engine

The rocket is now being built outside of Brownsville, Texas, and the image and video Musk tweeted is the first time the public has gotten to see it in action. "Engine use methox torch igniters". The nosecone fairing was simply welded on top to improve aerodynamics and provide the appearance and aesthetic of a completed rocket.

Money Uber Raises Prices in New York City, Citing New Minimum Wage Law
Author: 0 Uber Raises Prices in New York City, Citing New Minimum Wage Law

Their injunction wasn't granted, but the judge will allow the companies to place the money intended for drivers into an escrow account, essentially a lockbox, while the case is pending. "They've failed repeatedly, and the TLC should not assist them in their efforts". "Shame on Lyft and Juno for prolonging the suffering for their drivers - thousands of hardworking New Yorkers - and their families", the group's founder, Jim Conigliaro Jr., said in a statement.

Money May claims she is 'armed with fresh' Brexit mandate
Author: 0 May claims she is 'armed with fresh' Brexit mandate

Vehicle giant Nissan announced Sunday it was cancelling plans to build its X-Trail SUV at its plant in northeast England, saying that "the UK's future relationship with the European Union is not helping". The move, first reported on Saturday by Sky News , was confirmed by the company in a letter to workers Sunday. "That is what Parliament instructed me to do".

Money Super Bowl LIII: Here's your fan guide to the big game
Author: 0 Super Bowl LIII: Here's your fan guide to the big game

Meanwhile, the over/under is set at 56.5 points, slightly lower than the opening line of +58 from two weeks ago. Last year, New England was on the receiving end of a 41-33 loss against the Eagles, while 12 months earlier they beat Atlanta 34-28 in overtime.

Money GM expected to start laying off about 4000 workers on Monday
Author: 0 GM expected to start laying off about 4000 workers on Monday

The layoffs are part of a larger restructuring plan that was first announced in November, the Detroit Free Press reported. GM hasn't said exactly when the other 2,000 salaried and contract jobs will be cut, although it will happen sometime this month.

Money Range Rover SV Coupe axed before production begins
Author: 0 Range Rover SV Coupe axed before production begins

The company had planned to build 999 of these exclusive models globally but has canceled all existing orders; according to Auto Express , some customers had already configured their vehicles. Remember ultra-cool Range Rover SV Coupe unveiled past year? We have a feeling now that Land Rover has proven that there is demand for such a thing, coachbuilders and armorers will pick up the model and offer their own similar versions for about the same price, perhaps without stretching the ...

Money 62% of Canadians say human rights trump trade in China relationship
Author: 0 62% of Canadians say human rights trump trade in China relationship

The U.S.is reported to be investigating Huawei's use of a Hong Kong shell company to sell equipment to Iran in violation of U.S. sanctions. A criminal conviction on these charges could lead to broader restrictions on trade in USA export-controlled products with the company.