Shares of Tesla Motors tumbled Friday as investors were rattled by the departures of two executives and a late-night interview in which chief executive Elon Musk was seen smoking marijuana . "As a result, this caused me to reconsider my future". His brother Kimbal Musk told the newspaper that the reason Mr Musk "seems to attract drama" is because he is "so transparent, so open, in a way that can come back to bite him".
We have a chance to flip the House of Representatives". His appearance - one day after a strongly worded critique of President Trump at University of IL at Urbana-Champaign - touched on themes of retirement security, climate change and education.
Recent times haven't resulted in expected profits in the world of the crypto market , and it is amounting to the even worse news. Goldman Sachs has an interesting relationship with crypto in that it was among the first to actively clear bitcoin futures from Chicago's CME and Cboe late a year ago.
Fox Business Network's Charlie Gasparino tweeted Friday that the Air Force "is looking into Elon Musk's pot-smoking", which is prohibited by anyone who has a government security clearance. Musk's irreverent behavior has been seen by many of his followers as refreshing. The Tesla board needs to act quickly to get a handle on the situation, said Betsy Atkins, a director at companies including Volvo Cars and Wynn Resorts Ltd.
Talk of the bonus $267bn tariff package comes as the White House has yet to settle all of the specifics of the planned $200bn tariff prospoals - which, as we said, would follow up that earlier $50bn package. But 2018 imports from China through July were up almost 9% over the same period of 2017, according to US Census Bureau data. Given the smaller amount of goods China imports from the United States on which it could slap duties, Beijing has vowed to hit back with unspecified ...
He co-founded the Chinese internet retailer in 1999 and built it into an empire now worth $420 billion and making the former English teacher China's richest man worth about $40 billion. While Ma's retirement from a formal role is a milestone, analysts and industry professionals say it is unlikely Ma's involvement will change significantly.
The airline said that the breach involved customer bookings made between August 21 and September 5. The company says its website is working properly now. Enough information was stolen to allow criminals to use credit or bank card information, Mr Cruz said. Will I have to get a new card? "Called bank and had to cancel both mine and my wife's card".
The reversal in oil prices from early July highs was triggered by easing threats of the tropical storm Gordon hitting the Gulf of Mexico. Oil prices were also under pressure as global shippers stopped loading Iranian oil in preparation for USA sanctions against Iran .
The Minneapolis Police Department had not yet decided Sunday if it would bring charges against Liu, spokesman John Elder told The Washington Post . In a statement posted on Chinese social media network Weibo, JD.com confirmed that Mr Liu had been arrested over what it described as a false allegation during a business trip.
He went on to warn USA lawmakers against involving themselves into the negotiations, tweeting that should they do this he "will simply terminate NAFTA entirely and we will be far better off". "There is no political necessity to keep Canada in the new NAFTA deal". The U.S. must give six-months notice to both Canada and Mexico if it intends to pull out of the deal.
South Africa's President Cyril Ramaphosa , left, shakes hands with China's President Xi Jinping after his speech during the opening ceremony of the Forum on China-Africa Cooperation at the Great Hall of the People in Beijing September 3, 2018.
The latest acquisition is a continuation of the diversity push. The deal comes hot the heels of another big money acquisition in the sector. "A significant majority" of the proceeds will be given to the shareholders, the firm added. The British company Whitbread is selling Costa for £3.9 billion, or R74 billion. Its current owners, Whitbread, are selling the chain in order to focus on their Premier Inn hotel business .
May's comment, made to reporters as she headed to Africa to boost Britain's trade ties ahead of Brexit in March 2019, came after her finance minister Philip Hammond said last week that a no-deal departure from the European Union would damage public finances.
Never one to turn his back on a potential Twitter fight, Musk fired back, making a thinking-face-emoji insinuation about why Unsworth never sued him , despite being offered free legal services. East Coast-based small business owner Paul Shust, who told Reuters he uses information posted on $TSLAQ FinTwit and has an options bets against Tesla , said he was so upset by Musk's August 7 tweet that he wrote to SEC Commissioner Kara Stein that day, according to an email seen by Reuters .
But it's still serious business and how a company handles the situation tells you a lot about how much they value you and your business (*cough* Equifax *cough*). The breach's limited scope might also be attributable at least partially to what was described as the quick response on the part of T-Mobile's cybersecurity team.
On Tuesday , Cohen pleaded guilty to eight felonies, including two counts related to hush money to women who alleged affairs with Trump . Though Donald Trump has consistently claimed that he has no business interests in Russian Federation, the author of a new book alleging the president was tied to Russian Federation mobsters laundering money in his properties put that claim to the test during an MSNBC interview Friday.
Analysts said growing USA political uncertainty, reinforced by the criminal convictions of two of Trump's ex-advisors this week, was keeping the dollar under pressure, despite the United States embarking on greater monetary tightening than elsewhere.
Cohen pleaded guilty on Tuesday to handling hush money for Mr Trump in violation of campaign finance laws. According to prosecutors, Cohen sent an invoice to Executive 1, meaning Weisselberg, for "Payment for services rendered for the month of January and February, 2017", a payment that was really meant to reimburse Cohen for a payment to Stormy Daniels .
In currencies, the dollar came under pressure after Trump reiterated his displeasure at the Fed's rate hikes, saying the central bank should do more to help him boost the USA economy. "While Trump's displeasure for rising interest rates is nothing new, and the Fed maintains full operational independence, markets remain attentive to such comments", wrote strategists at ANZ.
Trump has broken from the majority of Republicans on monetary policy with his support for low interest rates to stimulate the economy. Trump nominated Powell and was told by key advisers that Powell would not move aggressively to raise interest rates.
Pepsi will pay $144 per SodaStream share in cash, representing a 10.9% premium to Friday's closing price of SodaStream's US-listed stock and a 32% premium to its 30-day average. Over the years, many users have used Sodastream only for making fizzy water, without the flavored syrups it sells. Citing financial reasons, Sodastream closed the plant in 2015 and moved to Lehavim, in southern Israel.
He said he thinks the research can help "start a dialogue with the producers of contact lenses and to work with them to take better care of the material flow" - and to encourage them to include instructions on their packaging to let consumers know to toss them in the trash.
House of Fraser's website was taken offline on Wednesday amid a payment dispute with XPO Logistics . House of Fraser's warehouse operator XPO Logistics has temporarily stopped processing orders following a dispute over payment with retailer's new owner.
The currency has recovered from record lows earlier this week. US Charge d'Affaires Jeffrey Hovelier has visited US pastor Andrew Brunson who is being held under house arrest in Izmir. Elmira Bayrasli, who teaches global affairs with a focus on Turkey at Bard College, said that Erdogan is improving relations with Europe to increase confidence in the Turkish market.
Turkey has been hit by a currency crisis fuelled by a heated row with the United States . The lira , which earlier this week traded at well over seven to the dollar, had rebounded slightly over the last three days but on Friday it lost almost five percent of its value and was quoted at 6.1 against the dollar.
Meanwhile, Turkish officials said Qatar had pledged 15 billion (£11.7 billion) of direct investments for Turkey, in a bid to help the economy. On the Milan stock exchange, shares in motorway operator Atlantia were sharply lower after a bridge collapsed on the A10 Italian motorway which the company runs.
President Donald Trump increased U.S. tariffs on Turkish aluminum and steel imports to 20 percent and 50 percent, respectively. Turkey entered into an understanding to the Russian defense system despite being a North Atlantic Treaty Organisation ally, and has been increasingly cozying up to Russian President Vladimir Putin, alarming both the U.S.
In the days following Musk's tweet, Tesla stock tumbled back down to around $353 per share. Isaacs is seeking approval to become the lead plaintiff in a class-action lawsuit representing all Tesla shareholders who traded after Musk's tweet on Tuesday or at any time on Wednesday.
Meanwhile, firefighters made significant progress trying to tamp down a wildfire that threatened homes and has been raging for days south of Los Angeles, officials said Saturday. On Thursday, Agriculture Secretary Sonny Perdue tweeted that he and Interior Secretary Ryan Zinke would be visiting the city of Redding Monday, where the Carr Fire is about half contained.
Citing two people familiar with the internal response to Musk's August 7 tweet , The Times said the Tesla CEO had sent that tweet "with little forethought". He said the Saudi sovereign fund has recently purchased nearly 5 percent of the Silicon Valley-based electric auto maker's stocks on the public markets, and that the fund's managing director "strongly expressed his support for funding a going private transaction for Tesla at this time ".
One such official is Mathew Palmer, who was expected to begin his new assignment soon as US Deputy Assistant Secretary of State in the Bureau of European Affairs who will be responsible, among other countries, for Turkey . "You dare to sacrifice 81-million Turkey for a priest who is linked to terror groups?" American pastor Andrew Brunson , if convicted, faces a jail term of 35 years.
Relations with Washington worsened further Friday when Trump tweeted that he had authorized a 20 percent duty on aluminium and 50 percent duty on steel. U.S. President Donald Trump introduced a round of sanctions on August 1, preventing the Turkish justice an interior ministries from doing business with U.S.
Following Musk's bold announcement last week that he would take the company private at $420 per share, Tesla's stock initially shot up 11 percent. Once those discussions are complete, Musk will bring a proposal to Tesla's board. He added that most capital for the deal would come from equity and it would not be "wise" to burden the company with added debt.
Beijing has released an additional list of $60 billion worth of U.S. products it would start taxing if the White House proceeds with the further escalation. trade deficit with that country. The bad news is the trade war fears in China are escalating. Companies are already adjusting to the new trade barriers, and shifting supply chains away from China.
The lira has always been falling on worries about Mr Erdogan's influence over monetary policy and worsening relations with the United States. The lira extended its losses to trade at 6.2 to the dollar, a loss of 11.5 percent on Friday.
In July, the USA imposed 25 percent tariffs on United States dollars 34 billion worth of Chinese imports, and Beijing retaliated with a similar move. Trump has boasted that trade wars are "easy to win" and warned he would hit virtually all Chinese imports if Beijing does not back down and take steps to reduce its $335bn USA trade deficit.
The board said only that Musk had "addressed the funding for this to occur". Tesla posted a new blog to its site , essentially a copy-and-paste of an email Musk sent to Tesla's employees regarding taking the company private again. oh boy. 'Basically, I'm trying to accomplish an outcome where Tesla can operate at its best, free from as much distraction and short-term thinking as possible, ' Musk wrote .
Washington has long criticized China's trade surplus with the United States and has demanded Beijing cut it. Earlier this month, China included for the first time liquefied natural gas (LNG) in its list of goods up for a potential 25-percent import tariff, should the United States impose additional tariffs on Chinese imports.
Staff made the discovery on Tuesday and immediately called for help. A member of an American Airlines cleaning crew discovered a dead fetus in an airplane toilet at LaGuardia Airport early Tuesday morning, CBS News' Kris Van Cleave reports.
Elon Musk sent shares of Tesla into a frenzy on Tuesday, when the billionaire inventor wrote in an unconfirmed tweet that he's considering taking the auto company private, and has already secured the funding - language he should be sure to follow through on, according to Scott Galloway.
He is also betting that the US could wield more leverage because Beijing cannot match the tariffs proposed on $200 billion in Chinese goods. China has been quick to retaliate against most U.S. - United States dollars rises as White House ups ante in US-China trade spat. At a campaign rally in Florida Tuesday night, Mr. Trump said China's response targeting US farmers has been "not nice".
The share price jumped by more than 8 percent this week after Apple reported impressive quarterly earnings on Tuesday, driven largely by strong sales for high-price iPhones. Apple said it expects revenue of $60 billion to $62 billion for the fiscal fourth quarter that ends in September 30. Those changes are giving Apple a fundamentally different financial look, and investors haven't yet been forced to confront how much this altered Apple should be worth.
The Sales Tax Holiday overall is estimated to save Wisconsin families a total of $14.8 million from August 1 - 5, 2018. This year, the state of Louisiana did not offer a tax free weekend which created extra shoppers heading down to MS to make their purchases.
The peak reached Thursday seemed unimaginable in 1997 when Apple teetered on the edge of bankruptcy, with its stock trading for less than $1. The Silicon Valley stalwart's stock has surged more than 50,000 percent since its 1980 initial public offering, dwarfing the S&P 500's approximately 2,000-percent increase during the same nearly four decades.
At almost $10 billion (let's just round for convenience), Services is making up almost 20% of Apple's $53.3 billion in total revenue. With a market capitalization of more than $900 billion, Apple is tickling at the title of world's first trillion-dollar company.
Laying out a plan it calls "More Roads to Harley-Davidson", the company expects to spend $675 million U.S. to $825 million United States over the next four years, looks to chop costs and generate more than $1 billion USA of incremental annual revenue in 2022.
That was a pickup from the first quarter's revised growth rate of 2.2 per cent, the New York Times reported . Compared to the second quarter a year ago, output grew 2.8 per cent. Economists in a Reuters poll earlier this week predicted that growth will slow notably from here. "And the year-over-year growth rate is just above the long term trend of 1.8 percent".
The results were among the first signs that the issues had pierced the company's image and would have a lasting effect on its moneymaking machine. Facebook's value was down by $111bn when Wall Street opened on Thursday, one of the most dramatic share price declines in history, after the social networking firm reported slowing growth in user numbers following a string of recent scandals .
The U.S. Senate passed a bill in June prohibiting Turkey from buying F-35 fighter jets because of Brunson's imprisonment and Turkey's purchase of Russia's S-400 air defense system. Turkey responded that Brunson's detention falls within the jurisdiction of its independent judiciary. Turkish-US relations are already strained over Washington's refusal to extradite Gulen as well as American backing for a Kurdish militia in Syria which Turkey says is linked to the PKK.
US trade representative Robert Lighthizer is hosting Mexican Economy Minister Ildefonso Guajardo as well as Jesus Seade, who will represent the incoming Lopez Obrador administration. If the wage floor was enacted immediately, the Canadian official said, four major Mexican auto plants would immediately go out of business. In the letter, Trump said that countries need to increase cooperation.