Finance

Finance Tesla To Close A Dozen Solar Facilities In Nine States, Documents Show
Author: 0 Tesla To Close A Dozen Solar Facilities In Nine States, Documents Show

As a result, Tripp was reassigned to a different role and expressed anger towards the company. Tesla sued a former employee for purportedly thieving gigabytes of data, making a fake statement about the media. At the time, Tesla was up to 3,500 cars per week - much better than before, but that left a lot of room for improvement. Tesla declined to comment on which solar facilities would be closed, how many employees would lose their jobs or what percentage of Tesla's solar workforce ...

Finance What the Supreme Court sales tax ruling means for New Yorkers
Author: 0 What the Supreme Court sales tax ruling means for New Yorkers

South Dakota had passed a bill in 2016 that said online retailers must collect sales tax if they make more than $100,000 worth of sales in their state, or do 200 transactions in their state. Trump has blasted Amazon CEO Jeff Bezos, who also owns the Washington Post, a newspaper that the Republican president has disparaged for its coverage of him.

Finance European Union slaps tariffs on iconic USA products
Author: 0 European Union slaps tariffs on iconic USA products

The Commerce Department plans to hold two days of public comments in July on its investigation of auto imports. While she did not see a serious "direct impact of tariff increases.it's a trend that is worrying, the breach of confidence that undermines confidence", she said on the sidelines of eurozone ministerial talks in Luxembourg.

Finance Trump's policies have caused high oil prices
Author: 0 Trump's policies have caused high oil prices

Trump imposed fresh sanctions on Tehran in May and market watchers expect Iran's output to drop by a third by the end of 2018. Khalid Al Falih , Saudi Arabia's energy minister. The dispute was settled by the time of the next Opec talks. But Riyadh, which cheered Washington's exit from the nuclear pact, is under pressure from Trump to boost output in order to lower oil prices ahead of November's midterm elections.

Finance OPEC reaches deal to raise oil output
Author: 0 OPEC reaches deal to raise oil output

Saudi Arabia , backed by non-member Russian Federation, has argued that it is time to raise production in order to meet growing demand and appease major consumer countries like the United States, India and China who have complained about a sustained increase in prices since output was cut back from January past year.

Finance OPEC agrees ouput rise of 'about' 1 million barrels - Saudi
Author: 0 OPEC agrees ouput rise of 'about' 1 million barrels - Saudi

Subsequently, the prospect of a full-blown trade war will likely dent risk on sentiment, which in turn will likely keep a lid on further gains for crude prices. Because the cartel had been producing below that ceiling, that effectively means an increase in production. The 24 nations in the supply-cut pact, known as Opec+, agreed in late 2016 to trim production by 1.8 million barrels a day but they have actually been keeping some 2.8 million barrels per day off the market.

Finance Marijuana will be legal in Canada on October 17th
Author: 0 Marijuana will be legal in Canada on October 17th

With the federal government having now decided on an opening day for Canada's legal rec marijuana business, we should expect the provincial supply agreements to come fast and furious, says Jason Zandberg, analyst with PI Financial, who estimates that a fully up-and-running market will produce $10.2 billion in annual sales.

Finance Saudi Arabia wins emerging-market status in MSCI upgrade
Author: 0 Saudi Arabia wins emerging-market status in MSCI upgrade

Both countries are now expected to benefit from investment from some of the world's largest fund managers as a result of the upgrades. Welcoming the MSCI move, Sarah Al Suhaimi, the chairperson of Tadawul, said: "Today's announcement from MSCI, so close on the heels of Saudi's reclassification in the FTSE Russell Global Equity Index Series, marks the further integration of the kingdom into global capital markets ".

Finance Supreme Court sides with online sales tax
Author: 0 Supreme Court sides with online sales tax

Few people actually comply. Take the scenario where a guy from New York City buys a bike online from an OR company. Prior to the ruling , if you lived in NY and bought a TV from a retailer like Newegg - which has no physical stores in NY state - you wouldn't have to pay sales tax on your purchase.

Finance OPEC agrees modest hike in oil supply after Iran softens stance
Author: 0 OPEC agrees modest hike in oil supply after Iran softens stance

However, Saudi Energy Minister Khalid al-Falih appears to have convinced his Iranian peer Bijan Zanganeh to support the increase just hours before Friday's OPEC meeting. Falih has warned the world could face a supply deficit of up to 1.8 million bpd.in the second half of 2018 and that OPEC's responsibility was to address consumers' worries.

Finance European Union retaliates against Trump’s metal tariffs
Author: 0 European Union retaliates against Trump’s metal tariffs

European Union countries retaliatory trade tariffs on a list of United States products, agreed in response to USA tariff hikes on steel and aluminium imports from Canada , the EU, and Mexico , will come into force on Friday, the European Commission announced on Wednesday.

Author: 0 Above $74: Brent oil rises by $1 ahead of OPEC decision

Benchmark Brent crude prices traded at $74.35 a barrel on Thursday morning in London. "We expect from Opec and its members a commitment to step in (and) more than fill the gap to ensure sustainable prices", Indian oil minister Dharmendra Pradhan said at a seminar in Vienna .

Finance Trump Trade Adviser Doesn't Know About iPhone Trade Exemption
Author: 0 Trump Trade Adviser Doesn't Know About iPhone Trade Exemption

The pan-European FTSEurofirst 300 index lost 0.80 percent and MSCI's gauge of stocks across the globe shed 0.43 percent. Intel Corp, the world´s biggest chipmaker by revenue and a prominent U.S. China's heavily regulated economy also gives the ruling Communist Party additional options for retaliation by withholding approval for business activity.

Finance Facing coalition crisis, Merkel seeks migrant talks with EU
Author: 0 Facing coalition crisis, Merkel seeks migrant talks with EU

European Union leaders will try to reassure Germany and Italy over migration at a summit next week as a stand-off in Berlin threatens Chancellor Angela Merkel's ruling coalition. "In essence, that is a scandal", he said, promising to reverse the practice immediately. Merkel has been asking her coalition to delay addressing the question until European Union leaders convene in Brussels to discuss immigration and other issues affecting the 28 members of the bloc on June 28 and 29.

Finance CEO of Audi Arrested in Diesel Scandal
Author: 0 CEO of Audi Arrested in Diesel Scandal

Munich prosecutors and Stadler himself were not immediately available for comment. The charges levelled at Stadler are in stark contrast to Volkswagen Group's claims that only lower-level management knew of the emissions cheats. The executive was arrested at his home in Ingolstadt in the early hours of Monday, they said . Volkswagen Group and Audi confirmed Stadler's arrest this morning, adding that the presumption of innocence applied to Stadler's case.

Author: 0 U.S. imports to attract EU levy from June 22

Duties of 25% will be applied to the raft of United States goods worth €2.8bn - including bourbon, make-up and motorbikes - from 22 June. In return, the European industry leaders want U.S. products, Ms Malmstrom said Brussels had no choice but to fight back. "The rules of worldwide trade that we have developed over the years with our American partners can not be violated without a reaction from our side", Malmstrom said.

Finance Top Bitcoin Exchange Bithumb Reports More Than $30 Million in Cryptocurrencies Stolen
Author: 0 Top Bitcoin Exchange Bithumb Reports More Than $30 Million in Cryptocurrencies Stolen

Two massive attacks within two weeks on separate Korean exchanges have raised concerns. "[Notice for the temporary suspension of the deposits].Due to the increasing safety issues, we are changing our wallet system". Some users reported on cryptocurrency-focused forums that they were missing Ripple (RPX) from their accounts, but this information was never confirmed by the exchange.

Finance Technical glitch causes more cancellations at Charlotte airport
Author: 0 Technical glitch causes more cancellations at Charlotte airport

Employees at TLH say they believe this is an "after-effect" of the glitch that caused hundreds of delays late last week. "Charlotte Douglas International Airport continues to provide assistance to the airlines and our passengers as PSA and American Airlines work to resolve their operational issues.

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