Business

by | July 18, 2020 | 01:38

Instead of releasing the model created, Tesla developed another new "Standard Range Plus" version of the Model 3, which also has a slightly more extended range than the previous and starts at $38,000. As you can see, it's still on the table, and it will have a range of over 300 miles. Doing range testing now. Extremely good for any EV, especially an SUV.

by | July 15, 2020 | 00:29

Two of Pfizer and BioNTech's potential COVID-19 vaccines have been granted Fast Track status by the FDA, a process created to hasten their development and review. They also expect to make up to 100 million doses by the end of this year and potentially more than 1.2 billion doses by 2021-end, if the vaccine is successful.

by | July 15, 2020 | 00:36

OPEC + will meet on Wednesday to discuss whether to keep in place production cuts of 9.6 million barrels per day (bpd) or roll them back, possibly by 2 million bpd. OPEC and Russian Federation were expected to ease their supply cuts as global oil demand has recovered and prices have bounced back. Opec+ will hold a video conference on Wednesday to review the deal.

by | July 14, 2020 | 01:20

As such, Trudeau said the federal government "will be discussing with our American partners what the next steps should be, and we will have more to say later this week, I'm sure". WE Charity disclosed last week that between 2016-2020 it paid honoraria to Trudeau's mother, Margaret, amounting to C$250,000 for speaking at some 28 events, while his brother Alexandre received about C$32,000.

by | July 14, 2020 | 01:54

During the keynote, Pichai announced the Google for India Digitization Fund with an investment of Rs. 75,000 crore. Investments will focus on four key areas of India's digitisation, he said. After that, a $1 Million Grant through Global Distancing fund for helping teachers to deliver virtual education for students was also announced. "There's still more work to do in order to make the internet affordable and useful for a billion Indians ...

by | July 11, 2020 | 00:51

The anticipated deficit represents a 1,633 percent rise over the $14.66 billion budget shortfall in the fiscal year 2019-20 and 181-fold rise from the $1.41 billion surpluses the Trudeau government inherited from the previous government in 2015.

by | July 07, 2020 | 01:30

According to The Times, Uber is expected to merge Postmates with its popular homegrown food-delivery app Uber Eats . Postmates was founded by Bastian Lehmann, Sam Street, and Sean Plaice in 2011 and says it has grown to include 600,000 merchants across all 50 states.

by | July 06, 2020 | 00:46

Rocket Lab cut the live stream at that point and it was later announced that the mission failed. "The financial loss here is generally covered from our customers by insurance. The mission appeared to be progressing as intended, but the launch vehicle appeared to experience unexpected stress during the "Max Q" phase of launch, or the period during which the Electron rocket experiences the most significant atmospheric pressure prior to entering space.

by | July 05, 2020 | 01:48

U.S. President Donald Trump's White House on Thursday rallied around the message that all was well both in the battle against coronavirus and in efforts to get the U.S. The president, during his earlier comments to reporters, expressed confidence that the surge in virus cases would not slow the recovery. Texas again topped its previous record on Wednesday with 8,076 new cases, while SC reported 24 more deaths, a single-day high for the state.

by | July 01, 2020 | 01:08

Some advertisers are additionally motivated by a desire to preserve "brand safety", objecting to their promotional material appearing next to inappropriate content. We will take this time to reassess our advertising policies to determine whether revisions are needed. The campaign also alleged that Facebook had "turned a blind eye to blatant voter suppression" on its platform, adding that while Facebook could protect and support Black users as well as call out Holocaust denial as hate, it is ...

by | July 01, 2020 | 00:33

Champions of the boycott say Facebook has not done enough to keep white supremacists and racist, false and unsafe content off its platform. They are also disappointed that the company has allowed users to call for violence against protesters fighting for racial justice in the wake of the deaths of several Black Americans.

by | June 29, 2020 | 01:45

Oil headed for a weekly decline - only the second since April - as a surge in U.S. coronavirus cases clouded the demand outlook, though the pessimism was tempered by huge cuts to Russia's seaborne crude exports. The cost of the August futures for Brent crude on the London ICE Futures exchange to 18:00 GMT on Friday is $40,59 per barrel, or $0,46 (1,12%) below the price of closing of previous session.

by | June 26, 2020 | 01:19

Bayer bought the U.S. firm two years ago for $63bn in a deal now regarded as one of the most disastrous takeovers in corporate history. "In short, this is the right action at the right time for Bayer", CEO Werner Baumann said during a conference call with reporters.

by | June 23, 2020 | 00:35

Anganwadi centres, Rural roads, rural housing, Railway works, RURBAN Mission in rural areas which are taking shape of urban areas, solar pumpset, laying of fibre optic cables, jal jeevan are other various works included in the 25 public works.

by | June 22, 2020 | 02:13

He continued, accusing the media of being "negative" and discouraging people from attending the rally, which is happening as coronavirus cases continue to grow in the United States. The country's racial divide remains a political vulnerability for Trump. The Saturday rally also came as U.S. states and cities have begun removing statues of Confederate figures amid a national reckoning over police brutality and racism sparked by the death of George Floyd, a 46-year-old African American man, ...

by | June 21, 2020 | 01:35

The Nasdaq was little changed. Apple announced that the company would re-close almost a dozen stores in four states where the number of cases of COVID is rising. AMC Entertainment Holdings Inc rose 0.8% on plans to reopen theaters at about 450 locations in the United States next month and the company expects to return to full-seating capacity around Thanksgiving.

by | June 20, 2020 | 00:58

The oil-to-technology major has raised Rs 1.15 lakh crore through stake sales to multiple investors in its technology subsidiary Jio Platforms and around Rs 53,000 crore through a rights issue. In the weeks since, the telecom operator has raised an additional $9.5 billion from a roster of nine high-profile investors including Silver Lake , KKR , and General Atlantic .

by | June 19, 2020 | 10:19

During the week ending June 13, residents of Northeast Tennessee, an eight-county region that includes Washington, Carter, Sullivan and Unicoi counties, filed 649 new claims for unemployment. "That suggests we are still dealing with more than 2 million new claims in the latest week", Bankrate.com senior economic analyst Mark Hamrick said in an email to IBTimes.

by | June 17, 2020 | 00:42

Most AU traders can only trade the United States stock market's from 23.30 to 06.00 AEST, but with our extended hours you can trade for much longer. "A potential COVID-19 steroid treatment in the United Kingdom combined with record retail sales and news of additional stimulus has been met with unbridled optimism".

by | June 16, 2020 | 00:30

We do not hesitate to recognize today a necessary outcome of that legislative choice: "An employer who fires an individual merely for being gay or transgender defies the law". The Supreme Court combined 2 cases. a man in Clayton County, GA who claimed he was sacked as a social worker after he became more open about being gay, and a man fired as a skydiving instructor.

by | June 15, 2020 | 01:07

The company is raising concerns over how the technology can be used by law enforcement to racially profile people. In March, John Frank, Microsoft's vice president of EU Government Affairs, revealed to IT Pro that the company had previously rejected an application from an unnamed United States police that sought to use facial recognition technology in its body-mounted cameras.

by | June 12, 2020 | 01:32

John Thune, a South Dakota Republican and the majority whip in the chamber, also pointed to local officials to change policing compared to a federal leeal solution". "We must pass legislation that makes our common values and our common ideals real in the law of our land", said Booker, the first black elected to the Senate from New Jersey.

by | June 11, 2020 | 01:18

The Federal Reserve kept the benchmark United States interest rate at zero, saying it will remain there until a recovery from the crisis triggered by the coronavirus pandemic is underway. But the projections are the first issued since December, and offer policymakers' views on how fast employment and economic growth might recover, and an initial steer on how long the federal funds rate will be pinned down.

by | June 11, 2020 | 01:39

Over the past year, consumer prices are up 0.1 per cent and core prices are up 1.2 per cent. Nevertheless, lower energy prices were essentially countered by a 0.7 percent rise in food prices in May. Inflation also came out in China. Cost inflation for transportation facilities edged up slightly by 0.1 percentage point to dip 1.9 percent year on year in May, partly due to the restoration of highway tolls across the country from May 6, according to Lu.

by | June 10, 2020 | 01:13

The S&P 500, which is about 5% below its own all-time high, also erased its year-to-date losses. Stocks have been rising since late March, at first on relief after the Federal Reserve and Capitol Hill pledged to support the economy and more recently on hopes that the recovery may happen more quickly than forecast.

by | June 09, 2020 | 01:04

HSBC raised its 2020 Brent oil price forecast to $39 from $37 per barrel and its outlook on West Texas Intermediate (WTI) to $34.60 from $32.80. Saudi Arabia - which had curtailed output by more than its agreed quota - said at a press conference Monday that those extra reductions will last just one month as planned, as the measures have served their goal.

by | June 08, 2020 | 02:01

Although it's hard to say just how large the effect is, economists say the surprisingly strong numbers are likely driven by the stimulus programs passed by Congress, especially the Paycheck Protection Program , which has incentivized small businesses - including many restaurants and bars, which gained 1.4 million jobs - to put employees back on the payroll.

by | June 07, 2020 | 00:39

On Thursday, American Airlines surged 41% for the biggest gain in the S&P 500 after it said it plans to fly 55% of its normal US schedule next month, up from only 20% in April. Since the crisis, caused by a coronavirus, the government has poured into the economy roughly $3 billion to mitigate the effects of the pandemic. Thursday's main focus was the Department of Labor's latest unemployment claims data, which revealed layoffs in the USA continued at a furious but slightly slower pace last ...

by | June 06, 2020 | 02:07

ME had uncovered and canceled at least 2,200 fraudulent claims and was investigating at least 1,000 more as of last Wednesday . This past week, close to 23,000 Tennessee residents filed new unemployment claims. As part of a fiscal package worth almost $3 trillion, the government greatly expanded eligibility for unemployment benefits to include self-employed and independent contractors who have been affected by the COVID-19 pandemic.

by | June 06, 2020 | 00:26

South Korea's Kospi surged 2.7% to 2,143.45. Yesterday, the Australian share market closed 0.85 per cent higher at 5,992. Shares rose in Bangkok, Taiwan and Singapore but fell back in Jakarta. That number had dropped the prior week, which had raised hopes that some companies were rehiring workers. But the World Health Organization warned that the COVID-19 pandemic, which brought the global economy to its knees in the wake of mandated shutdowns, is far from over and new cases are on the ...

by | June 06, 2020 | 02:13

But concessions will be needed from both sides for even a very narrow deal to be agreed by the UK-imposed deadline of the end of this year. Following four days of video discussions, the sides remained at loggerheads on many topics, including on regulations for businesses.

by | June 05, 2020 | 01:27

The new grille extends almost the full width of the nose with T-shaped LED daytime running lights extending up to the leading edge of the hood. The rear end of the vehicle features new LED elements for the tail lamps, while now there is also a new LED bar that horizontally runs across the entire boot lid, and connects the two tail lights.

by | June 05, 2020 | 02:01

The contract climbed to as high as US$40.53, the highest since March 6, after gaining 3.3% on Tuesday. Oil turned lower after US government data showed fuel demand isn't recovering as quickly as first believed. According to sources, the alliance's ministers could extend this level of reduction after June, while earlier they meant to relax restrictions. The DOE inventory data today was mixed with crude oil inventories showing a surprise drawdown of -2.07 million barrels vs.

by | June 04, 2020 | 00:57

The headline PMI measures manufacturing conditions through the weighted average of five indices: new orders (30%), output (25%), employment (20%), suppliers' delivery times (15%) and stocks of purchases (10%). The market-research firm's Caixin China General Manufacturing Purchasing Managers Index (PMI) posted an overall reading of 50.7, up from 49.4 in April, returning to expansion territory.

by | June 01, 2020 | 01:16

ThousandEyes is the latest in a string of cloud-based software acquisitions made by Cisco , following last month's announcement that it intends to buy FluidMesh Networks, as well as last year's purchases of Exablaze, CloudCherry, and Voicea.