Volkswagen's Electric 'Dune Buggy' Really Is Happening

Along with two other retro-styled models, the ID Buzz microbus and a rumored electric reincarnation of the original Beetle-only with four doors-the dune buggy concept is created to bring attention to VW's new lineup of electric cars. There is no wo... More..

by | Published more than a month ago
Here's Why Facebook Just Hired One of Its Biggest Critics
by | Friday, February 01, 2019

Here's Why Facebook Just Hired One of Its Biggest Critics

The company brought in $16.9 billion in revenue, up 30 percent year-over-year and beating analysts' predictions of $16.39 billion. Revenues topped analysts' forecasts at $16.9 billion and earnings per share...More..

Consumers Energy asks customers to lower thermostats after utility explosion
by | Friday, February 01, 2019

Consumers Energy asks customers to lower thermostats after utility explosion

Ford and Fiat Chrysler plants have also heeded the utility's call. "We don't know when we're going to be able to return to normal operations", said Consumers spokesman Roger Morgenstern. Editor's note: Both...More..

Trump upbeat on US-China trade meetings
by | Friday, February 01, 2019

Trump upbeat on US-China trade meetings

The US tariffs on Chinese goods are just one front in Mr Trump's efforts to upend the global trading order with his "America First" strategy. " China does not want an increase in Tariffs and feels they will d...More..

Wildfire-scorched PG&E, California's biggest utility, files for bankruptcy
by | Thursday, January 31, 2019

Wildfire-scorched PG&E, California's biggest utility, files for bankruptcy

PG&E faced additional pressure not to move forward with the bankruptcy after investigators said a private electrical system, not utility equipment, caused the 2017 wine country blaze that destroyed more t...More..

Tesla's profit fails to please analysts
by | Thursday, January 31, 2019

Tesla's profit fails to please analysts

Tesla said it ended the quarter with $4.3 billion in cash and said it could pay a $920 million convertible bond maturing in March. Analysts were also concerned by Tesla's indication that it is only making c...More..

Ghosn: charges a 'plot' by Nissan execs to halt Renault merger
by | Thursday, January 31, 2019

Ghosn: charges a 'plot' by Nissan execs to halt Renault merger

Mr Ghosn, who spearheaded Nissan's turnaround two decades now, has been held in a Tokyo detention centre since he was arrested . Prosecutors have charged Ghosn with falsifying financial reports in under-...More..

Alibaba profit up but revenue growth eases
by | Thursday, January 31, 2019

Alibaba profit up but revenue growth eases

USA -listed Alibaba's stock rose 2.3 percent to $160.50 during pre-market trading on January 30. Alibaba said that was primarily driven by increased spending from enterprise customers. Anticipating the headwi...More..

A last throw of the Brexit dice for Theresa May
by | Thursday, January 31, 2019

A last throw of the Brexit dice for Theresa May

Having thrown out the exit deal May negotiated with the European Union , divided British lawmakers voted on Tuesday to send her back to get an Irish border "backstop" clause removed. There are concerns in Brit...More..

Unemployment rate highest in 45 years, says survey - govt withholds report
by | Thursday, January 31, 2019

Unemployment rate highest in 45 years, says survey - govt withholds report

I don't blame our opponents for blaming us on the issue of jobs, after all no one has an accurate data on jobs. In 2014, Modi had promised to create 2 crore jobs every year. The gloomy jobs data could be awkwar...More..

Caterpillar and Nvidia warnings send Wall Street tumbling
by | Thursday, January 31, 2019

Caterpillar and Nvidia warnings send Wall Street tumbling

Jan 28 (Reuters) - U.S. stocks tumbled on Monday, as warnings from Caterpillar Inc and Nvidia Corp added to concerns about a slowing Chinese economy and tariffs taking a bite out of U.S. The beginning of th...More..

Wall Street surges after Fed signals patience on rates
by | Thursday, January 31, 2019

Wall Street surges after Fed signals patience on rates

Added together it lifted the $4 trillion MSCI world stocks index, which tracks 47 countries, up 0.5 percent and for the 20th day out of the last 23. The yield on the 10-year Treasury note - which moves in the...More..

Foxconn Freezes Plans for $10 Billion Wisconsin LCD Campus
by | Thursday, January 31, 2019

Foxconn Freezes Plans for $10 Billion Wisconsin LCD Campus

High labor expenses in the United States were mentioned as the main factor in abandoning screen manufacturing, while research, packaging and assembly were the more likely functions of Foxconn's Wisconsin projec...More..

U.S. Lifts Sanctions On Rusal, Other Firms With Links To Deripaska
by | Thursday, January 31, 2019

U.S. Lifts Sanctions On Rusal, Other Firms With Links To Deripaska

The press release also notes that " the companies have agreed to unprecedented transparency of its activities , taking on an extensive, ongoing audit requirements, certification and reporting". In a stock excha...More..

Venezuela COUP? Plane 'loaded with 20 tons of GOLD' flies to Russian Federation
by | Thursday, January 31, 2019

Venezuela COUP? Plane 'loaded with 20 tons of GOLD' flies to Russian Federation

Maduro also praised the country's good financial relations with China and Russian Federation, which he said will continue to develop. He said Trump has his eyes on Venezuela's vast oil reserves and war...More..

Opposition protesters fill streets of Venezuelan capital
by | Thursday, January 31, 2019

Opposition protesters fill streets of Venezuelan capital

Mr Guaido, the eldest of six children from a working-class family who emerged from virtual anonymity as a political activist, is recognised as president by the United States and most Western nations. Pompeo sai...More..

Nissan under U.S. regulators scanner over executive pay disclosures
by | Wednesday, January 30, 2019

Nissan under U.S. regulators scanner over executive pay disclosures

We can not provide further details". In an unexpected twist, Nissan CEO Hiroto Saikawa, a former protégé of Ghosn who led the campaign against his ex-boss, said he too intends to step down in coming months af...More..

Toledo mail delivery suspended Wednesday
by | Wednesday, January 30, 2019

Toledo mail delivery suspended Wednesday

The United States Postal Service said Tuesday it will not deliver mail to areas some parts of the country on Wednesday due to the extreme cold brought on by the polar vortex. Retail offices will be open. A pr...More..

MPs vote against no deal Brexit but reject Article 50 extension
by | Wednesday, January 30, 2019

MPs vote against no deal Brexit but reject Article 50 extension

The result of a series of votes on amendments to Mrs May's Brexit Plan B has left the Prime Minister with a massive headache as the clock ticks towards the scheduled date of European Union withdrawal on Mar...More..

Venezuela prosecutor moves to place travel ban on Guaido
by | Wednesday, January 30, 2019

Venezuela prosecutor moves to place travel ban on Guaido

The move comes after the United States earlier said it has handed control of Venezuela's USA bank accounts to Guaido, to prevent President Nicolas Maduro from commandeering them in an eventual exit from power...More..

Death toll from Brazil dam disaster hits 58, with 305 missing
by | Tuesday, January 29, 2019

Death toll from Brazil dam disaster hits 58, with 305 missing

As the disaster occurred close to lunch hours, many workers are believed to have been inside a refectory area which was completely destroyed by the mud wave. The Journal reported that the state has already slap...More..

Man takes WWII hand grenade to Florida Taco Bell
by | Tuesday, January 29, 2019

Man takes WWII hand grenade to Florida Taco Bell

Investigators say a caller called 911 saying that he found a hand grenade while magnet fishing in Ocklawaha, put it in his trunk and drove to the Taco Bell. Officers evacuated the store and and the bomb squad r...More..

US to announce criminal charges related to Huawei, sources say
by | Tuesday, January 29, 2019

US to announce criminal charges related to Huawei, sources say

The cases accuse the company of everything from bank and wire fraud to obstructing justice and conspiring to steal trade secrets from T-Mobile US Inc. regulations and law. Meng is charged with bank fraud, wir...More..

Peaches and nectarines sold at Ohio Walmarts under recall for listeria concern
by | Tuesday, January 29, 2019

Peaches and nectarines sold at Ohio Walmarts under recall for listeria concern

Listeria monocytogenes can cause possibly fatal infections in children and the elderly. Affected nectarines and peaches were distributed to Market Basket locations in MA. ALDI sells the peaches, nectarines an...More..

Huawei: US charges Chinese telecoms giant with stealing trade secrets
by | Tuesday, January 29, 2019

Huawei: US charges Chinese telecoms giant with stealing trade secrets

United States prosecutors allege that Huawei used a Hong Kong shell company called Skycom to sell equipment in violation of the sanctions, and Ms Meng allegedly misled U.S. The indictment charges Huawei, Huawei...More..

Australia recognises Venezuelan Opposition Leader Juan Guaido as interim president
by | Tuesday, January 29, 2019

Australia recognises Venezuelan Opposition Leader Juan Guaido as interim president

Maduro's refusal, at least so far, to order Guaido's arrest reflects mistrust in his own security forces as well as the Trump administration's warning that any harm to the man the US recognizes as Venezuela's ...More..

Guaido calls for more protests as Maduro displays military might
by | Monday, January 28, 2019

Guaido calls for more protests as Maduro displays military might

In Washington, Republican Senator Marco Rubio, considered a key architect of the United States policy on Venezuela , played down the possibility of a military intervention despite his and Trump's warnings earl...More..

by | Monday, January 28, 2019

One Potential Independent Presidential Candidate Has Dems FREAKED OUT

President Donald Trump probably isn't very anxious about Schultz's nascent campaign - which has yet to begin in earnest - but Democrats are certainly up in arms about Schultz's ambitions. A Democratic strategis...More..

Man wins more than $114M in Powerball jackpot
by | Monday, January 28, 2019

Man wins more than $114M in Powerball jackpot

Dave Johnson, a 56-year-old married father of three , opted for the lump sum payout of $180 million and will take home $114 million after taxes. "I'm not going to work, I'm quitting right away!" According ...More..

Euro falls as markets prepare for cautious European Central Bank
by | Monday, January 28, 2019

Euro falls as markets prepare for cautious European Central Bank

He acknowledged on Thursday that growth in the euro zone was likely to be weaker than previously expected, although the bank stuck to its guidance that it intends to raise interest rates later this year for the...More..