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Business

Oil Tanks On Worst Day In Six Months

Oil prices plummeted on Thursday, joining global sell-offs in equities, as the escalating US-China trade war came into the spotlight again, dampening the outlook for economic and oil demand growth a day after the EIA reported further increases in US WTI Crude dropped below $ 60 a barrel handle for the first time since the end of March, and Brent …

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Tesla on the way to defeat record Q4 2018 deliveries, say Elon Musk

An email sent by Elon Musk to Tesla employees started making circles online. Originally shared at a Chinese social media forum, Elon Musk's supposed email hints at what may be a record quarter for Tesla, with the electric car manufacturer potentially surpassing the impressive figures in the fourth quarter of 2018 when the company delivered over 90,000 vehicles for customers. …

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Meet Ford's new robot that can deliver packages straight to your doorstep

While the shipping war between Amazon and Walmart continues to heighten as both retailers race to become the leader on next-day deliveries, Ford's auto giant announces a new robot that could potentially help them meet their goals faster. Tuesday, Ford released images of Digit, and a two-legged robot designed and built by Agility Robotics, which can walk up the stairs …

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2019 iPhone 11 models show up in Eurasian database

Like the clockwork of the past few years, Apple devices have been showing up in the Eurasian Economic Commission regulatory database before their official announcement and release The 2019 iPhones have just appeared in this database with model numbers A2111, A2160, A2161, A2215, A2216, A2217, A2218, A2219, A2220, A2221, and A2223 Try the Amazon Prime 30-Day Free Trial The database …

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The retailer also opens new stores

Bath & Body Works opens, updates and closes stores this year. 46 brand new stores, 175 repairs and 24 closures will be added, according to the quarterly presentation of the parent company L Brands published on Wednesday. In February, L Brands announced 53 Victoria's Secret stores, which will close in 2019. Documents released on Wednesday show that 35 are closed …

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Tesla Splits The Hard Way – Tesla, Inc. (NASDAQ: TSLA)

As we head to the final part of May, there's no stock I'm more concerned about long holders than Tesla (TSLA). The share price is more than 50% off its all-time high, but this was not a 2 for 1 stock split as the company seems to be doing even worse than I originally thought. ( Source: Yahoo Finance) Tesla's …

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Breakfast on Wall Street: Brexit First May

Rising trade strains Trade turmoil is booming again as the United States is considering cutting off the flow of vital US technology to five Chinese companies, including Hikvision – expanding congestion beyond Huawei to include world leaders in video surveillance , DJIA futures were down by 64 points and shares in Shanghai closed down 0.5% lower. Meanwhile, the Chinese son …

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Lowe's shares are down after posting mixed first-quarter earnings

Lowe's shares fell 10% Wednesday as higher costs weighed on its fiscal first-quarter earnings, which fell short of analysts' estimates, and prompted the home improvement retailer to cut its forecast for the year. Lowe's has been in a period of transition since CEO Marvin Ellison joined the retailer less than a year ago. The company is trying to improve its …

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