Finance

Finance 'Brothers' killed by exploding battery in Tesla smash
Author: 0 'Brothers' killed by exploding battery in Tesla smash

Two teenagers were killed when their Tesla Model S drove off the road and hit a concrete wall before catching fire. A third passenger was thrown out of the vehicle after the crash and taken to a nearby hospital. Tesla said a few days later the auto had been in autonomous mode when it crashed. The electric engine of the Tesla burst into flames, with two of the occupants trapped inside.

Finance Energy price rise hits one million npower customers
Author: 0 Energy price rise hits one million npower customers

Increase in policy and wholesale costs are the main reasons for the price rise, Npower said. Simon Stacey, npower's managing director for domestic markets, said: "Announcing this price change today isn't a decision we've taken lightly". Less than half of our customers are on our standard tariff - one of the lowest levels among the larger energy suppliers. No one should pay such high prices for their energy.

Finance Why Symantec Corporation Stock Is Plunging Today
Author: 0 Why Symantec Corporation Stock Is Plunging Today

Investors holded 571.53 million in 2017Q3 but now own 548.16 million shares or 4.09% less. The stock of Symantec Corporation (NASDAQ: SYMC ) has "Sector Perform" rating given on Wednesday, August 12 by RBC Capital Markets. Therefore 25% are positive. Symantec has $34 highest and $21 lowest target. The company now has an average rating of Hold and a consensus price target of $30.87.

Finance Barclays CEO fined about $870k on whistle-blower incident
Author: 0 Barclays CEO fined about $870k on whistle-blower incident

Both regulators viewed his misconduct as serious enough to warrant a penalty equal to 10% of Staley's relevant annual income. The whistle-blowing controversy dates back to June 2016, when Barclays's board received an anonymous letter raising concerns about the recruitment of one of Staley's former colleagues at JPMorgan Chase & Co., Tim Main.

Finance Boston Dynamics SpotMini Robot Dog Walks Itself With Autonomous Navigation Upgrade
Author: 0 Boston Dynamics SpotMini Robot Dog Walks Itself With Autonomous Navigation Upgrade

SpotMini still moves like a robot, but now benefits from fully autonomous navigation. The SpotMini robot is much smaller than Atlas, weighing in at a mere 25kg, and can pick up and handle items using a metal arm and built-in sensors. But some experts in the field warn about the dangers of letting such technology run unchecked, saying that advanced robotics mixed with artificial intelligence could be disastrous.

Finance Elon Musk touts new tunnel under LA in video, promises free rides
Author: 0 Elon Musk touts new tunnel under LA in video, promises free rides

In an Instagram post , the Tesla boss said the tunnel was nearly done, and pending final regulatory approval, members of the public will be able to enjoy free rides in just a few months. Musk also reiterated that while the tunnels will prioritize transporting pedestrians and cyclists, cars and other private vehicles could still use them.

Finance Unemployment in the region down again, says Statistics Canada report
Author: 0 Unemployment in the region down again, says Statistics Canada report

Overall, Canada's unemployment figure remains steady at 5.8 per cent, unaffected by the economy seeing a net loss of 1,100 jobs. Victoria's rate had climbed from December to March after hitting a low of 3.3 per cent in November. Markets see a 68 percent probability the central bank will hike in July, which would make for its fourth rate increase over the course of a year. The goods-producing sector shed 15,900 positions, mostly in construction.

Finance AT&T Chief Calls Hiring Michael Cohen as Consultant a 'Big Mistake'
Author: 0 AT&T Chief Calls Hiring Michael Cohen as Consultant a 'Big Mistake'

Cohen was also hired to advise the company on Federal Communications Commission regulation and tax reform, an AT&T spokesperson told CNN . Dallas-based AT&T Inc. He said all the payments were made in late 2017 and early 2018. The New York Times reported last week that Vekselberg was questioned by U.S. agents this year as part of Special Counsel Robert Mueller's investigation into Russian interference and possible collusion by Trump's campaign.

Finance Here's why: London mayor wants to ban 'junk food' ads on tubes
Author: 0 Here's why: London mayor wants to ban 'junk food' ads on tubes

Dame Sally Davies, the chief medical officer for England, said: "The evidence is clear that although it is not a silver bullet, restricting the amount of junk food adverts children are exposed to will help reduce obesity". The chef and health campaigner said the proposal , which aims to tackle childhood obesity, would send a "massive message". And a bus company in Canberra, Australia, introduced a similar policy in 2015 as part of a crackdown on advertising.

Finance Crypto exchange Upbit raided on fraud allegations
Author: 0 Crypto exchange Upbit raided on fraud allegations

Korean prosecutors raided the office of Upbit, the country's top cryptocurrency exchange , over fraud allegations on Thursday and Friday. According to Coinhills , Upbit is the world's 4th largest cryptocurrency exchange in the world by volume.

Finance Nine Inch Nails announce North American tour, new album
Author: 0 Nine Inch Nails announce North American tour, new album

The new album, Bad Witch , will be their first full-length release since 2013's Hesitation Marks , and comes after two EPs, 2016's Not the Actual Events and last year's Add Violence . Fans of Nine Inch Nails , get ready to rejoice. No tickets will be sold online before or during that date, and seats will be available on a first-come, first-served basis.

Finance Oil jumps after United States abandons Iran deal, plans 'highest level' sanctions
Author: 0 Oil jumps after United States abandons Iran deal, plans 'highest level' sanctions

ANZ bank said Trump's decision "puts into place a scenario that could see the crude oil market tighten significantly in H2 2018 and into next year". The EU, China and Russian Federation have said they are sticking with the deal. Even so, Rystad Energy's head of oil marketsBjørnar Tonhaugen suggested that any crude importers that need to "access the USA financial system" would have to comply with the demands of the USA sanctions on Iran.

Finance The Bank Of England Turns Dovish In May And Walks Away
Author: 0 The Bank Of England Turns Dovish In May And Walks Away

ING's base case is for two of the nine MPC members to dissent and call for higher borrowing costs at the decision at noon in London, and for the central bank to downplay soft economic first-quarter growth and signal that a rate increase later this year is still in the cards.

Finance Chipmaker Nvidia's revenue beats but data center miss weighs on shares
Author: 0 Chipmaker Nvidia's revenue beats but data center miss weighs on shares

This ratio is internally not steady, since the market value of equity is divided by the total revenues of the firm. The company has a debt-to-equity ratio of 0.27, a quick ratio of 7.34 and a current ratio of 8.03. BidaskClub raised Nvidia from a "buy" rating to a "strong-buy" rating in a report on Thursday, January 11th. Following the transaction, the director now owns 30,762 shares in the company, valued at $7,011,582.66.

Finance FCC hits Florida 'robocaller' with record $120M fine
Author: 0 FCC hits Florida 'robocaller' with record $120M fine

The FCC said Adrian Abramovich of Miami made nearly 100 million robocalls over a three-month period in what the agency called a "malicious spoofing" operation. FCC Chairman Ajit Pai said a year ago "Americans are mad as hell" at robocalls and the agency gets more than 200,000 complaints annually. And the Federal Trade Commission said it received roughly 5.3 million complaints about telemarketing calls in 2016.

Finance Canada's WestJet Airlines pilots approve mandate for possible strike
Author: 0 Canada's WestJet Airlines pilots approve mandate for possible strike

The union representing WestJet pilots is now in negotiations for a contract that addresses what they call "gaps in proposals" for compensation, working conditions and job security. "I made a personal call to Mr. Sims, and I explained to him what the vote results were and how it showed how united our pilots were in their need for a contract that protects their careers and their livelihoods", said McFadyen.

Finance Video Shows Cop Brutally Body Slamming Tuxedo-Wearing Black Man #AnthonyHall
Author: 0 Video Shows Cop Brutally Body Slamming Tuxedo-Wearing Black Man #AnthonyHall

Footage of the incident shows a white cop pressing the man against the restaurant's front window then whipping him around before putting his hands around the young man's neck. At one point you can see Wall's hands in the air, "your hands should have never been around my neck have my hands in the air", added Wall. "I was pretty much trying to scream for air to breathe because he was holding my throat", Wall told North Carolina's ABC 11.

Author: 0 US stocks rally after Trump's Iran n-deal decision

Crude hit its highest level in 3-1/2 years as investors bet the U.S. withdrawal from the nuclear deal with Iran would increase risks of conflict in the Middle East and curtail global oil supplies. Among stocks, Qualcomm edged 2.2 percent higher after the chipmaker approved a new $10 billion share buyback program that replaces the previous $15 billion program.

Finance Southwest pilots forced to use hand signals on window blast flight
Author: 0 Southwest pilots forced to use hand signals on window blast flight

Shults, who navigated Southwest Flight 1380 to safety, discussed the incident for the first time since the April 17 emergency that left one passenger dead. They would soon become legends together. "We were passin' through about 32,000 feet when we had a, a large bang and a rapid decompression". The pilots of the Southwest Airlines jet that suffered a midair engine explosion had to use hand signals to communicate because of the deafening roar, they said in a new interview.

Finance Rio Tinto to develop new carbon-free aluminium smelting process
Author: 0 Rio Tinto to develop new carbon-free aluminium smelting process

Apple CEO Tim Cook called the project "ambitious", and said in a statement that he looks "forward to one day being able to use aluminum produced without direct greenhouse gas emissions in the manufacturing of our products". Apple says their involvement began three years ago, when a few engineers tried to find a cleaner way for mass aluminum production. Together, they'll improve and scale-up Alcoa's process, which replaces the carbon with an advanced conductive material.

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