• Tesla Unveils Model Y
Tesla Unveils Model Y

Tesla also recently backtracked on a cost-cutting decision to close all its retail stores, now saying it'll close only around half of them, and announced it is raising vehicle prices by around three percent . Still, the company expects the Model Y to do well. Given how much Tesla's customers waited for the Model 3, there's no denying the pre-or...

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  • Facebook Restores Services 12 Hours After Outage, Blames Server Problem
Facebook Restores Services 12 Hours After Outage, Blames Server Problem

In a tweet about 24 hours after the problems began, Facebook apologized and thanked people for their patience. The outage appeared to be abating early Thursday. A grand jury in NY has subpoenaed information from at least two major smartphone makers about such arrangements with Facebook , according to the Times .

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  • Tesla Abandons Last Week's Decision to Close Stores, Will Increase Prices Instead
Tesla Abandons Last Week's Decision to Close Stores, Will Increase Prices Instead

InsideEVs, a publication close to Tesla , tracks United States electric vehicle deliveries and according to its numbers , January and February deliveries were down by around 80 percent compared to the months leading up. Separately, a NY attorney on Monday announced that Tesla's former chief of security has filed a whistleblower complaint with t...

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  • February Jobs Report: 20,000 Jobs Added, Unemployment 3.8 Percent
February Jobs Report: 20,000 Jobs Added, Unemployment 3.8 Percent

Bureau of Labor Statistics recently reported that MA had the highest employment to population gains of any state in 2018", Labor and Workforce Development Secretary Rosalin Acosta said in a news release. Economists say employers have kept hiring at a strong pace despite low unemployment as more people returned to the labor force, including stude...

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  • Tesla announces it will build more powerful Superchargers
Tesla announces it will build more powerful Superchargers

A new feature called On-Route Battery Warmup heats the battery when the navigation is set to a Supercharger station, ensuring that the battery is at the optimal temperature to charge for reduced charge times. Tesla plans to expand beyond the first beta charger next month, when it will break ground on the first public V3 Supercharger. As Tesla...

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  • China's 2019 Work Report: Growth Target, Tax Cuts Announced
China's 2019 Work Report: Growth Target, Tax Cuts Announced

To help shore up the economy, Li said China's fiscal policy will become "more forceful", with the government pencilling in cuts of almost 2 trillion yuan (US$298.31 billion) in taxes and fees for companies. He added that China-US economic and trade frictions "had an adverse effect on the production and business operations of some companies and on m...

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  • Dentist Preethi Reddy found stuffed in suitcase, ex-boyfriend dies in crash
Dentist Preethi Reddy found stuffed in suitcase, ex-boyfriend dies in crash

Preethi Reddy , 32, was reported missing by her family on Sunday after she did not come home from a dental convention in St. Leonards, a suburb of Sydney , CNN affiliate 7 News Australia reported . The sister of murdered Sydney dentist Preethi Reddy has released a statement saying their family "will never be the same" without her in their l...

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  • Meng Wanzhou’s extradition case raises ‘serious concerns,’ defence lawyer says
Meng Wanzhou’s extradition case raises ‘serious concerns,’ defence lawyer says

Chinese telecoms giant Huawei is suing the U.S. government. In a 13-count indictment , the U.S. Department of Justice accuses Meng, Huawei , and several of the company's subsidiaries of violating sanctions against Iran . Huawei contends that the restrictions are unlawful, and that they will be fought in court. In November 2018, a federal a...

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  • British PM's top lawyer in Brussels for last-ditch Brexit bid
British PM's top lawyer in Brussels for last-ditch Brexit bid

Theresa May's Brexit negotiations appear to have hit deadlock - less than a week before she stages a Commons showdown on her withdrawal plans. The EU sees the backstop as an insurance policy to keep open the border between EU member Ireland and British Northern Ireland - and to preserve the island's peace process.

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  • U.S. to withdraw duty benefits on $5.6 billion exports from India
U.S. to withdraw duty benefits on $5.6 billion exports from India

India was the largest beneficiary of the program in 2017 with $5.7 billion in imports to the US given duty-free status and Turkey the fifth largest with $1.7 billion in covered imports, according to a Congressional Research Service report issued in January.

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  • Cuomo: No reason to think Amazon might reconsider plan
Cuomo: No reason to think Amazon might reconsider plan

Amazon did not immediately reply to a request for comment on the letter. Amazon confirmed they would not build a headquarters in NY on Valentine's Day. The letter promises that Gov. Cuomo will take personal responsibility for the project's state approval, with Mayor de Blasio managing the community development aspect.

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  • Lyft Delivers a Few Punches to Rivals in its IPO Filing
Lyft Delivers a Few Punches to Rivals in its IPO Filing

Lyft expects investors will focus on the rapid expansion of the company's revenue, bookings, and market share rather than its operating losses. The ride-hailing company is trying hard to persuade investors that it has unique advantages over its major competitors.

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  • Trump extends China tariff deadline, cites progress in talks
Trump extends China tariff deadline, cites progress in talks

The US' decision to postpone coincided with an announcement that Trump and Chinese President Xi Jinping would meet in Florida to finalise a new trade deal. continues to push for manufacturing to China to export its emissions via the Green New Deal, it will become more reliant on shipping from overseas, not less.

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  • The ‘base-spec’ $35,000 Tesla Model 3 is finally on sale…
The ‘base-spec’ $35,000 Tesla Model 3 is finally on sale…

The company closed its order books this morning, before reopening them with the Model 3 Standard Range and Standard Range Plus added. A tech-savvy generation that grew up ordering goods online from Amazon sight-unseen has reached car-buying age and is Tesla's target market.

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  • Victoria’s Secret will close 53 stores as struggles mount
Victoria’s Secret will close 53 stores as struggles mount

A list of the stores slated for closure has not been released. L Brands reported mixed results for its crucial fourth quarter amid falling sales at its embattled Victoria's Secret division. Although a change in strategy appears necessary for the survival of Victoria's Secret, which has stuck to the same marketing strategy for decades, it may not ...

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  • Air Canada suspends service to India as tensions with Pakistan mount
Air Canada suspends service to India as tensions with Pakistan mount

Mohammad Faisal, spokesman of the MoFA, wrote: "#Pakistanstrikesback #PAF undertook strikes across LoC from Pakistani airspace. The family of Indian Air Force pilot Abhinandan Varthaman who is in Pakistan's custody has demanded their son be brought back as soon as possible in an interview to The Hindu .

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  • Xi-Trump consensus loadstar for China, US win-win trade agreement
Xi-Trump consensus loadstar for China, US win-win trade agreement

Kersting said . He surely recognizes this, despite his aggressive position towards China past year. U.S. President Donald Trump tweeted on Sunday that he would extend the March 1st deadline that would see an increase in tariffs on Chinese imports, citing substantial progress in recent trade talks.

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  • Man Spends $540 on Cookies to Get Scouts Out of Cold
Man Spends $540 on Cookies to Get Scouts Out of Cold

This man purchased 7 packs of cookies. "What an awesome soul". The troop sold about 221 packages of cookies that night. According to a Facebook post , the man originally stopped at the girls' stand and bought seven boxes; he gave the girls $40 and told them to keep the change.

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  • Amtrak train with 183 aboard freed after 37 hours in snowy Oregon
Amtrak train with 183 aboard freed after 37 hours in snowy Oregon

The train remains stuck almost 24 hours later due to heavy snow and other debris on the tracks. The train, which left Seattle on Sunday morning en route to Los Angeles, is stranded in Oakridge, near Eugene. "We are moving", she said, the camera trained on the snow-covered scenery passing by outside the window. Amtrak has not said when it might ...

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  • YouTube Removes Ads from Anti-Vaccine Channels
YouTube Removes Ads from Anti-Vaccine Channels

This comes in the wake of YouTube removing millions of videos and channels previous year for spam, scams, extreme content, or conspiracy theories. The shocking video has been edited in between the Nintendo game Splatoon and the man Filthy Frank a YouTuber says "Remember, kids, sideways for attention, longways for results".

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  • China Slows Australian Coal Imports as Beijing Denies Ban
China Slows Australian Coal Imports as Beijing Denies Ban

A Chinese media steel industry website says that China will obtain most of its coal imports in 2019 from Russian Federation and Indonesia, reports Sydney Morning Herald . BHP chief executive Andrew Mackenzie said while delays had been experienced in getting both metallurgical coal and thermal coal into China recently, he did not believe it was ...

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  • Oil hovers near 2019 highs amid OPEC cuts
Oil hovers near 2019 highs amid OPEC cuts

Much of that growing output is coming from USA shale fields, where drillers use advanced methods to squeeze crude oil and natural gas from rock formations. That makes it "the only country ever to reach this milestone", said Stephen Brennock, analyst at brokerage PVM Oil Associates Ltd. USA crude oil stockpiles rose for a fifth straight week to ...

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  • US Aid Deliveries to Venezuela Pursuing Political Goals - Foreign Minister
US Aid Deliveries to Venezuela Pursuing Political Goals - Foreign Minister

The 35-year-old lawmaker was greeted there by the presidents of Colombia, Chile and Paraguay, three of the nations that have recognised him as interim president . "But still, these soldiers are scary". Three others smashed through a security barrier on the Simon Bolivar bridge crossing in their jeep. Medics near the bridge were treating dozens of ...

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  • Honda Shuts Factory in United Kingdom but Avoids Blaming Brexit
Honda Shuts Factory in United Kingdom but Avoids Blaming Brexit

Honda has confirmed that it will close its factory in Swindon in the United Kingdom with the loss of 3,500 jobs. Honda will also stop producing the Civic in Turkey (though it will maintain operations in that country) as part of a wider global restructuring.

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  • Indian Oil signs first annual deal for USA oil
Indian Oil signs first annual deal for USA oil

WTI Crude traded up 0.80 per cent at $56.43, while Brent Crude eased off earlier gains to trade down 0.02 per cent at $66.24. This bullish signal combined with renewed optimism coming from both the USA and China that they had made some progress in last week's trade talks.

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  • Copper price slides despite Chinese imports at record pace
Copper price slides despite Chinese imports at record pace

Kudlow provided few details but said the US delegation led by Trade Representative Robert Lighthizer is "covering all ground" ahead of their expected meeting with Chinese President Xi Jinping tomorrow. 'But Sino-US relations are all about the two leaders, and it will ultimately be up to Xi and Trump to come to a deal - or not, ' he wrote Wednesday ...

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  • Global oil supply falls in January '19: OPEC
Global oil supply falls in January '19: OPEC

April Brent crude LCOJ9, +1.94% the worldwide benchmark, gained $1.19, or 1.9%, to end at $63.61 a barrel on ICE Futures Europe, with the front month marking the highest finish since November 19. USA crude stockpiles rose by 3.6 million barrels (Mmbbl) in the week ended February 8, EIA reported. Stocks of gasoline increased by 408,000 barrels to...

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  • U.S. official Lighthizer arrives in China ahead of trade talks
U.S. official Lighthizer arrives in China ahead of trade talks

US campaign against Huawei faces challenge in Eastern Europe / WSJ (paywall)"In the Czech Republic, officials have taken opposite sides on how to balance security concerns raised by the USA, and the country's own cybersecurity officials, with the desire for Chinese investment, trade and business opportunities".

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  • Republican leader says Senate will vote on Green New Deal
Republican leader says Senate will vote on Green New Deal

The proposals known as the Green New Deal were crafted in conjunction with Senator Ed Markey of MA. Senate Majority Leader Mitch McConnell announced Tuesday he'll bring Rep. Want to see what else they had to say? Thankfully, Alexandria Ocasio-Cortez engaged in a lightning-round series of questions during a House committee in a since-viral video, ...

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  • Senior Tories tell May to steer clear of Brexit negotiations with Labour
Senior Tories tell May to steer clear of Brexit negotiations with Labour

The EU says the backstop is vital to avoiding the return of border controls in Ireland and has refused to reopen the Brexit divorce deal, though May insists she can get legally binding changes to replace the most contentious parts of the backstop.

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