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News & Updates

January 18, 2019 Tesla cuts 7% of its workforce to boost Model 3 production; Musk says ‘very difficult’ road ahead

Source: CNBC

Tesla is cutting its full-time staff headcount by approximately 7 percent, as it looks to ramp up production of its Model 3 sedans, CEO Elon Musk said Friday.

January 18, 2019 Why Pipeline Opposition Undermines Environmental Progress and Safety

Source: Forbes

Pipelines have been quietly providing most of the energy used in America on a daily basis for nearly a century. That is, until most recently. In recent years small, yet very vocal groups of environmentalists have argued pipelines...

January 18, 2019 Analysis: EPA Ignored Scientific Research Showing Monsanto’s Glyphosate Causes Cancer

Source: EWG news release

WASHINGTON – A new analysis from the peer-reviewed scientific journal Environmental Sciences Europe documents the diametrically different approaches the U.S. Environmental Protection Agency and the World Health Organization took...

January 18, 2019 American Express misses estimates on slowing customer spending; shares drop

Source: Reuters

American Express Co (AXP.N) missed Wall Street’s fourth-quarter profit estimates on Thursday, as the rate of customer spending slowed despite a strong U.S. holiday sales season.

January 17, 2019 US reportedly investigates Huawei for allegedly stealing trade secrets

Source: Engaget

Huawei and the US government have been at odds for months now, and it looks like things are about to get far more severe. The Wall Street Journal reports that US federal prosecutors are working on a criminal investigation into...

January 17, 2019 Stock Market News: Dow Jones Led By Goldman Sachs, But Growth Stocks Lag

Source: IBD

Financial stocks did the heavy lifting in the stock market Wednesday, helping lift the Dow Jones to a gain of 0.6% in afternoon trading. In stock market news today, earnings reports from Goldman Sachs (GS), Bank of America (BAC)...

January 17, 2019 EU tightens import rules for some fruits, vegetables, nuts

Source: Food Safety News

The European Commission has updated the list of imported products subject to official controls including the frequency of checks.

January 17, 2019 When did globalization begin? The answer might surprise you

Source: World Economic Forum

“Globalization” is the 21st century’s favourite buzzword. It is part of our current zeitgeist: we are witnessing an unparalleled compression of time and space, as goods, services, people and information move more quickly than...

January 17, 2019 Davos: Climate is the biggest risk to business (and the world)

Source: CNN

Companies and investors are waking up to the dangers posed by climate change and extreme weather. Many now consider environmental risks, such as droughts and wildfires, to be even more dangerous than turbulent markets,...

January 16, 2019 Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sources

Source: Reuters

NEW YORK - Sears Holdings Corp (SHLDQ.PK) Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to...

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