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CEO Elon Musk: Tesla will remain a public company

CEO Elon Musk: Tesla will remain a public company

After raising thinking over these issues, Musk raised them with Tesla's Board of Directors to let them know that he believes it would be better for the company to remain public, which the board agreed with. "We've shown that we can make great sustainable energy products, and we now need to show that we can be sustainably profitable". Over the past year, Tesla repeatedly failed to meet production goals for the Model 3, its lease expensive electric vehicle. Consulte Mais Informação

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Chinas Didi suspends carpool service after murder

Chinas Didi suspends carpool service after murder

Didi Chuxing, the biggest ride-sharing firm globally by number of trips, was "immensely saddened by the tragedy", it said in a statement. We fell short of your expectations. However, the driver had altered the car's licence plate before the trip, the company said. Didi Chuxing - which has been valued at $50 billion and counts SoftBank Group Corp ( 9984.T ) as a major investor - is aggressively expanding overseas, targeting new markets in Mexico, Brazil and Australia, going head-to-head with ... Consulte Mais Informação

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Trump Organization CFO Allen Weisselberg reportedly granted immunity

Trump Organization CFO Allen Weisselberg reportedly granted immunity

Michaels Cohen's attorney clarified the record, saying his client does not know if President Trump knew about the Trump Tower meeting (out of which came nothing!). Trump Foundation . His involvement may also explain why federal authorities did not gain Cohen's full cooperation during their probe: They may not have needed to, given Weisselberg's superior knowledge of Trump's finances. Consulte Mais Informação

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Maker of AK-47 entering electric car market

Maker of AK-47 entering electric car market

Kalashnikov told the Russian news outlet RBC on Thursday that it expected the vehicle to "keep up" with Tesla . Kalashnikov, the makers of the famous (or infamous) AK-47 Assault Rifle has just showcased a new electric vehicle. Kalashnikov didn't give any pricing details for the potential vehicle, but the specs that the company provided didn't exactly stack up with Tesla. More bad news for Tesla - they've now got competition. Consulte Mais Informação

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The Mexican peso is jumping on hope for NAFTA progress

The Mexican peso is jumping on hope for NAFTA progress

Donald Trump has tweeted that a "big trade agreement" with Mexico could be coming soon and America's relationship with its neighbor is "getting closer by the hour" - despite two years of tensions over his much-touted border wall. "The idea is that we are staying because we know there are issues to resolve", he said. Jesus Seade, the envoy from incoming Mexican leader Andres Manuel Lopez Obrador , arrived at a meeting with U.S. Consulte Mais Informação

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Our comments on Brexit 'No Deal' technical notices

Our comments on Brexit 'No Deal' technical notices

Some observers say the advisory was also an indirect missive to the Irish Government that it bears some of the responsibility in coming up with a solution to the Border issue. Despite reports that drug companies have been asked to stockpile extra medicine in the case of a no deal, the Brexit Secretary, Dominic Raab, dismissed what he said were "wilder claims" about the impact of not reaching a deal, including that it could spark a " sandwich famine " in the United Kingdom and that the army ... Consulte Mais Informação

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A week of devastating body blows for Donald Trump

A week of devastating body blows for Donald Trump

He declared that while he's attorney general "the actions" of the DOJ " will not be improperly influenced by political considerations". They wanted me to go up and punch him in the face. In an interview with "Fox & Friends", Trump said: "I don't know how you can impeach somebody who's done a great job". Trump has denied the affairs but his lawyer Rudy Giuliani said he knew about the $130,000 payment to Daniels. Consulte Mais Informação

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Sessions bites back as Trump says impeachment would sink economy

Sessions bites back as Trump says impeachment would sink economy

Michael Cohen , Trump's one-time "fixer" and attorney was convicted on eight counts of campaign finance violations, tax fraud, and bank fraud in a plea deal with prosecutors reached earlier this week. The attorney general must get a referral to opening a criminal probe. The CNN also reports Trump and Sessions "rarely" speak on the phone emphasizing the breakdown in communication and the relationship between POTUS and the Attorney General. Consulte Mais Informação

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Further rate increases best way to protect US recovery: Fed’s Powell

The dollar weakened and U.S. stocks rose following his remarks, with the Nasdaq and benchmark index, the S&P 500, hitting record highs. The Fed is very confident in the USA economy and Powell indicated there is no intention of slowing down the Fed's rate hikes, said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina. Consulte Mais Informação

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SEC Stays Wednesday Decision Denying Bitcoin ETF Applications, Commission Will Review — Newsflash

SEC Stays Wednesday Decision Denying Bitcoin ETF Applications, Commission Will Review — Newsflash

According to tweets from SEC Commissioner Hester Peirce on August 23, the decision to deny nine ETF proposals from three different companies is under review . Rather, the Commission is disapproving this proposed rule change because [of] the requirement that a national securities exchange's rules be created to prevent fraudulent and manipulative acts and practices. Consulte Mais Informação

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Ryanair pilots in deal to end strike

The deal, details of which remain highly secretive, will be put to the ballot with Forsa's recommendation for acceptance. In a statement, Ryanair said it will take the proposals to its board "in due course" after the pilots' ballot. Some of the other trade unions stuck in negotiations around Europe have said they are watching the Irish talks closely. Negotiations in the country have been among the most hard, the company has said. Consulte Mais Informação

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SEC quashes more bitcoin ETF pitches in another blow to cryptocurrencies

Rather, the Commission is disapproving this proposed rule change because [of] the requirement that a national securities exchange's rules be created to prevent fraudulent and manipulative acts and practices. "On August 22, 20 18, the Division of Trading and Markets took action, pursuant to delegated authority, 17 CFR 200.30-3 (a)( l2), disapproving the proposed rule change by NYSE Arca, Inc.to list and trade the shares of the above-referenced exchange-traded products under NYSE Arca Rule ... Consulte Mais Informação

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Sears Is Closing 46 More Stores -- Including In Michigan

Sears Is Closing 46 More Stores -- Including In Michigan

The closures are expected to be complete by November. More Sears and Kmart stores are closing their doors. A small group of stores were initially pulled from the May list for further evaluation. The mall's owners purchased the building from Sears for $20 million, in a deal that included a leaseback option for the struggling retailer. The company has seen a decline in sales each quarter since 2011. Consulte Mais Informação

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