BOE Raises Interest Rate for First Time in More Than Decade – Bloomberg

BOE Raises Interest Rate for First Time in More Than Decade – Bloomberg

Bank of England policy makers raised interest rates for the first time in a decade, yet expressed concern for Britain’s Brexit-dented economy by indicating that another increase isn’t imminent. Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 on Thursday to increase the benchmark rate to 0.5 percent from 0.25 percent. The minutes […]

Elon Musk Tesla Model 3 Production Is Months Behind Schedule – WIRED

Elon Musk Tesla Model 3 Production Is Months Behind Schedule – WIRED

If you are eagerly awaiting your Tesla Model 3, it might be time to download that meditation app, because you’re gonna have to relax and get ready to wait. In the third quarter of 2017, Elon Musk’s automaker delivered just 222 of the all-electric, affordable sedans. That’s far fewer than it had promised, and puts […]

Powell for Federal Reserve chair could support stocks bull market – Reuters

NEW YORK (Reuters) – President Donald Trump’s expected nomination on Thursday of Federal Reserve Board Governor Jerome Powell to be the next chair of the U.S. central bank likely will provide investors with some assurance of continuity in monetary policy, supporting the eight-year long stock market rally, but perhaps dealing a blow to those looking […]

Elon Musk: Why Tesla Fired 700 Employees – Fortune

Tesla CEO Elon Musk called recent media coverage over the company’s decision to fire about 700 employees following annual performance reviews “ridiculous” and that the automaker must have higher standards than its competitors if it hopes to survive. “At every company in the world, there’s annual performance reviews,” Musk said, adding that Tesla has an […]

Fed keeps rates unchanged, remains on road to December rate hike – Reuters

WASHINGTON (Reuters) – The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labour market while playing down the impact of recent hurricanes, a sign it is on track to lift borrowing costs again in December. Investors had all but ruled out a rate hike at […]

Delta passengers busted having oral sex after meeting on plane – New York Post

A couple of strangers aboard a Delta airliner joined the “Mile High Club” — all from the comfort of their seats, according to reports. The 48-year-old Nashville-bound woman and 28-year-old Miami-bound man were busted Sunday on the Los Angeles-to-Detroit flight after she performed oral sex on him, WDIV reported. “The act itself is inappropriate in […]

1 2 3 142