The elbows of Federal Reserve Chairman Jerome Powell (L) and Treasury Secretary Steven Munuch Tasos Catopotis / Press Pool / AFP / Getty Images One of the biggest stories of the past year Massive receivables in bond exchange-trading funds. In a less long-term world, investors are looking for any margin they can find, and some ETFs may yield a little …
Read More »Economy
European bank shares fell after money laundering allegations; Dow futures down 400 points
Signatures for HSBC (L) and Standard Chartered Bank (R) will be displayed at the local headquarters of each bank in Hong Kong on April 28, 2020. Anthony Wallace / Agencies France-Press / Getty Images Shares of Europe’s top banks fell on Monday after reports emerged that they were continuing to trade with customers suspected of money laundering and other wrongdoing. …
Read More »Tesla (DSLA): Elon Musk says ‘registration is possible’ in leaked employee email
Elon Musk, CEO of Tesla (DSLA), said in a leaked email to employees that he had ‘a shot’ in the record quarter for vehicle delivery. The quarter is coming to an end and, as usual, Tesla is in a rush of deliveries to improve its funding for the quarter. Unlike other automakers, Tesla has its entire distribution system – that …
Read More »NYC subway crash: A train derails after hitting debris at a station in Chelsea, north of Manhattan
Chelsea, Manhattan (WABC) – Police are investigating a man who allegedly dumped rubbish on a subway track in Manhattan on Sunday morning, causing a train derailment, disrupting hours of service, but causing no serious injuries. A train derailed at the 8th Avenue and 14th Street train station in Chelsea at around 8am on the north side. Authorities described the man …
Read More »A happy ending after the story of the homeless woman featured on TV
“Hey Q Q!” Shirley Raines calls. Colorful flowers, potted plants and the “Home Sweet Home” sign adorn the entrance to Q’s home. K, who is transgender and HIV positive, says in the episode that he felt vulnerable life in the main area of Skid Row. “This zone is so sweet to me,” Kay says. “It’s very safe for me.” The …
Read More »Tesla Model S driver using autopilot arrested for falling asleep while driving at 90 mph
Tesla’s autopilot alarm is a helpful feature for drivers to increase the pleasure of driving and add a layer of vehicle safety. However, stories about irresponsible users have been circulating in the news on occasion, this time from the owner of a 2019 Model S in Alberta, Canada. On Thursday, the Royal Canadian Mounted Police (RCMP) announced the arrest, suspension …
Read More »Six people have been charged with bribing Amazon employees to help third-party vendors
Amazon has received FAA approval to move forward with its drone distribution program. Fox Business’ Susan Lee More. A Federal Grand Jury Is in the state of Washington Charged Six were charged with bribery Amazon.com Employees to receive benefits for third-party retailers of retailers Online storefront. The U.S. attorney’s office in Seattle said each of the defendants provided consulting services …
Read More »The judge summarizes the Tesla case against the former employee and dismisses the defamation suit
Written by Jonathan Stampel (Reuters) – Tesla Inc. on a former employee The lawsuit was probably funded by a federal judge who allegedly hacked into its computers and leaked privacy data to a reporter. The judge also dismissed the former employee’s defamation suit. At one point Thursday, Chief Justice Miranda Du of the Federal Court in Reno, Nevada, said that …
Read More »Michelop appoints ‘Chief Research Officer’ to visit Ultra National Parks
Picture of Joshua Tree National Park in California. Michaellob Ultra sends someone to be the brand’s new “chief research officer” for at least six national parks, including the Joshua Tree. (IStack) Michaellob Ultra It costs big bucks to send someone to explore National Parks. The Beer brand recently announced the hiring of a new “CEO” – a CEO. The “CEO” …
Read More »Kashkari of the central bank says the warnings about runaway inflation are just ‘ghost stories’
Minneapolis Federal Reserve Chairman Neil Kashkari said Friday that warnings that US inflation was on the rise did not support any evidence that it was tantamount to “ghost stories.” Kashkari said that as inflation has been rising since 2008, it will accelerate, forcing the central bank to reduce the brakes by sharply raising its policy interest rate. In an article …
Read More »