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Tesla Motors Inc (NASDAQ:TSLA) Is Raring To Go: The Show Off Of Its Massive Gigafactory

Tesla Motors Inc (NASDAQ:TSLA) Is Raring To Go: The Show Off Of Its Massive Gigafactory

Despite the fact that Tesla has begun the production of lithium-ion battery cells at its massive Gigafactory, there are is still so much information hanging in the balance. However, prevalent speculations indicate that more details will be revealed at an upcoming event, whereby Kurt Kelty, Tesla’s Senior Director of Cell […]

Alphabet Inc. (NASDAQ:GOOGL) Google Is Planning To Sell Of Its Satellite Business To Planet Labs

Alphabet Inc. (NASDAQ:GOOGL) Google Is Planning To Sell Of Its Satellite Business To Planet Labs

Although it is not commonly known that Alphabet Inc. (NASDAQ:GOOGL) Google has its own form of satellite business, the company recently made a public statement, which was to disclose that they would be selling their satellite business, Terra Bella. The buyer of said entity will be a start-up, which goes […]

Baidu Inc (ADR) (NASDAQ:BIDU) To Unveil A Gadget To Serve Translation Purposes

Baidu Inc (ADR) (NASDAQ:BIDU) To Unveil A Gadget To Serve Translation Purposes

This Chinese web company and search giant has expressed its great commitment towards making it a lot much easier for all tourists to get around Japan, China and the English-speaking countries. To achieve its objective, it will soon be unveiling a new gadget. It will have the ability to listen […]

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

In Venezuela this week the government announced that it would no longer be accepting payments in U.S. dollars for the oil it sells. This is a huge shift from typical practices in the oil market. The government is believed to have decided that PDVSA, its national oil company will now […]

Investigators: Tainted Food Not Recalled Quick Enough by FDA

Investigators: Tainted Food Not Recalled Quick Enough by FDA

According to a new report the Department of Health and Human Services’ inspector general issued, contaminated food is not being removed from stores shelves quick enough. The reports indicated that the U.S. Food and Drug Administration does not always use an effective and efficient process for food recall that ensured […]

California Sued by Drug Companies Over Transparency Law

California Sued by Drug Companies Over Transparency Law

The pharmaceutical industry filed a lawsuit challenging the constitutionality of a new law that California Governor Jerry Brown signed and who many consider to be the most comprehensive legislation related to transparency in prices of prescription drugs in the country. The Pharmaceutical and Manufacturers of America, calling the two-month old […]

Steel Tariffs in U.S. Could Cost U.S Steelworkers Their Jobs

Steel Tariffs in U.S. Could Cost U.S Steelworkers Their Jobs

Steelworkers are worried that the big tariffs that President Donald Trump is imposing on imported steel and aluminum will cost them their livelihoods. In western Pennsylvania’s Mercy County voters were heavily in favor of Trump during the presidential election of 2016. Some strategists for the Republicans believe that the tariffs […]

Conoco Moving to Take Over Assets of PDVSA in Caribbean

Conoco Moving to Take Over Assets of PDVSA in Caribbean

Conoco/Phillips the oil giant based in the U.S. is moving on taking over Caribbean assets of PDVSA the state-run Venezuelan oil business to enforce an arbitration award of $2 billion over a nationalization of its projects more than a decade ago in the South American country, said sources close to […]

Bill Ackman Making Comeback With ADP in His Sights

Bill Ackman Making Comeback With ADP in His Sights

Bill Ackman the embattled activist investor has started his comeback, but it does not appear he picked a target that will be easy. Automatic Data Processing, the outsourcer that handles payroll checks for more than 26 million workers in the U.S., is resisting pressure from Pershing Square Capital Management, Ackman’s […]

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China Offering Tax Breaks As Incentive to Tax Overhaul in U.S.

China has responded to the tax overhaul in Washington by offering a break to foreign companies on taxes in China in an attempt to keep investment. Late Thursday, the measure was announced and is the Beijing’s first major reaction to the decision by the U.S. to slash corporate taxes. It […]