Markets


London police chief says more officers armed for next attack
- August 08, 2016

Sir Bernard said: "The reality of having to deal with armed and deadly attackers is that you need firearms officers who will use force to stop those attackers in their aim". The Metropolitan Police announced in January that Operation Hercules would boost the number of armed officers to a total of 2,800. These are whole communities united in defeating terrorism. (more...)
Much Easier Than Model 3 Much Easier Than Model 3
- August 08, 2016

Tesla posted $1.56 billion in revenue compared to the $1.62 billion predicted by analysts. In its financial performance report, Tesla noted that earnings fell short of Wall Street expectations during the quarter. "The point at which the factory looks like an alien dreadnaught, you know you've won", Musk said . "And then we just managed to sort of climb out of hell basically part way through June". (more...)
Pro Football Hall of Fame class inducted
- August 08, 2016

So it was that the former Alabama star's enshrinement was bittersweet, moving his twin 17-year-old grandsons, Justin and Jack Moyes, to tears as they helped Fred Biletnikoff, a Hall of Fame wide receiver and a favorite target of their grandfather's with the swashbuckling Oakland Raiders of the 1970s, unveil Stabler's Hall of Fame bust at Tom Benson Hall of Fame Stadium. (more...)
FAA approves Moon Express's MX-1E spacecraft to land on moon
- August 08, 2016

A Florida spaceflight company is one step closer to returning an American landing craft to the moon for the first time since the 1970s. The company hopes to launch the robotic lander next year - and win the $20 million race for the Google Lunar X Prize in the process - but The New York Timesreports that the company has yet to fly its rocket or assemble the lander. (more...)
U.S. says 'high likelihood' of Zika spreading locally
- August 08, 2016

The number of Floridians diagnosed with the virus has steadily climbed, but until recently health officials said all of the infections had resulted from travel outside the state. And while public health officials in England have updated the country's travel advice in light of the outbreak in Florida, the leading national public health institute in the United States is not yet advising pregnant women to avoid non-essential travel to the southern state. (more...)
Michael Phelps eager to get started on 5th Olympics, likely in relay
- August 08, 2016

Men's and women's tennis roll on with first-round matches in both singles and doubles, where the Serena Williams has her first match (the second match on a slate that begins at 9:45 a.m.). "But whatever. I'll be fine tonight". "Maybe over the next few years but it's hard to say because he's the greatest of all time ", she said . China's Wu Minxia, the first woman to win diving gold in three consecutive Olympics, will try to break her own record and make it four in the synchronized 3m ... (more...)
Brazil's interim president declares Olympic Games open
- August 08, 2016

Critics charged that Bach and the International Olympic Committee should have followed the lead of the IAAF, track and field's global governing body, which banned Russia's track team from competing in Rio. The opening ceremony included a tribute to the many nationalities that have contributed to Brazil's culture - indigenous people, Europeans (who came as explorers and conquerers), Africans (who came as slaves), and Arabs and Asians (who came as immigrants escaping hardships). (more...)
49ers Chip Kelly: DeBartolo 'left an indelible impression' on franchise 49ers Chip Kelly: DeBartolo 'left an indelible impression' on franchise
- August 08, 2016

DeBartolo had no plans to bask in the innumerable accomplishments that warranted his hall of fame induction: an average of 13 wins per season from 1981-98, 13 division championships, and five Lombardi Trophies. We saw them as sons, husbands, fathers (and) brothers, with families and responsibilities", DeBartolo said. Two years later, he hired Bill Walsh as the team's head coach. (more...)
Tesla Motors sees mind-blowing technology - but not yet Tesla Motors sees mind-blowing technology - but not yet
- August 08, 2016

Revenue rose 33 percent to $1.27 billion. The earnings report followed what has been a roller coaster month, even by the standards of a company like Tesla that has previously teetered on the edge of bankruptcy. Musk's ambitious promises to broaden Tesla's product offerings come as the company is bleeding money. With that in mind, Jason Wheeler, Tesla's CFO posited during a conference call with analysts on Wednesday that Tesla could turn profitable on a non-GAAP basis soon. (more...)
Tesla losses grow in Q2 as it fails to reach sales goals
- August 08, 2016

It said that was due to higher spending at its vehicle and battery factories. However, the reported earnings per share (EPS) was much wider than analysts' anticipation of 52 cents. The company's losses ballooned to $150 million in the quarter ending in June, more than twice what Wall Street had expected. He also warned contractors and suppliers that they could endure his wrath if they don't meet their July 1 Model 3 production dates. (more...)
China's manufacturing sector contracts 1st time in five months
- August 08, 2016

Last month marked only the second time in the recovery since early 2013 that the UK's manufacturing PMI fell below 50, Markit said. The PMI records general economic performance in a given sector, with any reading below 50 representing contraction rather than growth. (more...)
Zika in Florida: CDC says spraying cut mosquito population
- August 08, 2016

Karen Smith. The Centers for Disease Control and Prevention says that 13 babies have been born in the US with birth defects from Zika. The species of mosquito that carries the virus does not survive harsh winters in IL, but public health officials say they continue to trap and test mosquitos statewide just in case. (more...)
Tesla (TSLA) Q2 Earnings In-Depth: Vehicle Shipments at 14k Tesla (TSLA) Q2 Earnings In-Depth: Vehicle Shipments at 14k
- August 08, 2016

At a later date the company also expects to see customers adding their cars to a Tesla ride sharing fleet and use it when they are not driving it. Tesla announced in May that it anticipates to spend almost $2.25 billion in 2016 in order to help get its affordable Model 3 all set for mass production. (more...)
Owen Smith looks to 1945 to inspire Labour
- August 08, 2016

Labour leadership hopeful Owen Smith has accused the Conservative Government of "destroying Labour's legacy" and said he is the man to beat. We've got to heal the party or we're going to lose and the Tories will benefit. "What Owen Smith needs to do, and he could kill this off altogether, by saying: look whatever the result of the election, if Jeremy Corbyn does get reselected he will serve under Jeremy Corbyn - and to say to his supporters, who are talking up this split, just stop it ... (more...)
Hamilton steals 4, gets 3 hits, scores 3 as Reds top Pirates Hamilton steals 4, gets 3 hits, scores 3 as Reds top Pirates
- August 08, 2016

After allowing two earned runs in a serviceable 5 2/3 innings against the San Diego Padres on July 31, Bailey lacked control Saturday. The Bucs managed to cluster many of their baserunners today and hit two home runs, but still didn't manage much offense. (more...)
Korea fires mid-range missile close to Japan
- August 08, 2016

According to South Korea's UN Ambassador Oh Joon, North Korea had conducted 13 rounds of ballistic missile tests and has fired 29 various rockets. The regime's latest missile launches are expected to further ignite discussions on the deployment of the USA missile defense system on the Korean peninsula. (more...)
Shares rise, pound drops on United Kingdom stimulus measures Shares rise, pound drops on United Kingdom stimulus measures
- August 08, 2016

Global stock markets rose and sterling slid on Thursday after the Bank of England cut interest rates and revived a bond-buying program to cushion the economic blow from Britain's June 23 vote to leave the European Union. A new scheme to provide £100bn ($131 billion) of new funding to banks for passing down the base rate cut to the real economy. While the pace of hiring and economic growth slowed in the first half of the year, consumers could spend more in the months to come. (more...)
2 killed, dozens rescued in Maryland flash floods
- August 08, 2016

He signed an executive order Sunday morning, declaring a state of emergency. No firm financial damage estimate is available, but Ryan Miller, director for emergency management in the county, said it would run into the millions of dollars. (more...)
Sitharaman meets Startup heads to know about the progress of the sector Sitharaman meets Startup heads to know about the progress of the sector
- August 07, 2016

A lot of them talked about reducing the compliance burden in areas like environment, labour and inter-state issues. The start-ups that took part in the meeting include Ola, Paytm, Practo, mapmygenome, Delhivery, Urbanclap and CarDekho. For easier compliance towards various rules and regulations they suggested that a handbook should be prepared and put on public domain. A senior DIPP official said: "We will follow all the issues with respective ministries and departments". (more...)
Tesla To Buy SolarCity For $2.6B
- August 07, 2016

Tesla is dreaming to transform it as a carbon-free energy and transport company and the merger will help in offering one-stop solar and storage experience with one installation, one service contract and one phone app. Elon Musk is selling his solar power company to his electric vehicle company. Tesla says that it expects the merger with SolarCity to be finalized by the fourth quarter of 2016. (more...)

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