Tesla’s electric big rig is already facing stiff competition
Daimler, Bosch and Warren Buffett are all racing to electrify trucking Tesla CEO Elon Musk announced earlier this year that an all-electric semi was already in development. He later teased its driving impressions during a Technology, Entertainment and Design conference. While the company plans to show off its electrified rig in coming days, Tesla is already facing competition from some […]
Viacom expects affiliate sales to drop in 2018; shares sink
FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. Viacom Inc, owner of MTV, Comedy Central and Paramount, said Thursday it expects high single-digit declines in revenue from U.S. cable TV operators and online distributors in the first half of 2018, sending its shares down 8 percent. […]
Gold steady as dollar gains amid U.S. rate hike expectations
A 1000 gram gold bar is seen at the Kazakhstan’s National Bank vault in Almaty, Kazakhstan September 15, 2017. REUTERS/Mariya Gordeyeva By Vijaykumar Vedala (Reuters) – Gold prices were little changed on Thursday after upbeat U.S. economic data bolstered the prospects of interest rate increases next month and beyond by the Federal Reserve. Spot gold […]
Brexit: Goldman Sachs chief Lloyd Blankfein suggests second vote
REUTERS The chief executive of Goldman Sachs, Lloyd Blankfein, has suggested holding another referendum on Brexit. Mr Blankfein tweeted: “Here in UK, lots of hand-wringing from CEOs over #Brexit… So much at stake, why not make sure consensus still there?” The firm, which is known to have taken office space in Frankfurt, employs about 6,000 […]