[ad_1] Intel (INTC) was defeated and downgraded due to supply constraints, performance issues and delays in the introduction of 10nm chips. In an open letter sent on September 28, 2018 to his …
Read More »GE clears gains after Moody's downgrade warning and Culp's dividend dilemma
[ad_1] General Electric (GE) shares erased their gains on Tuesday after Moody's Investors Service revised its A2 credit rating for a possible downgrade just one day after equities surpassed the S & …
Read More »Tesla CEO Elon Musk resigns as president – here's what it means
[ad_1] Elon Musk will step down as president of Tesla to settle charges of fraud brought by the United States over allegations that he has deprived his company of confidentiality. Under the …
Read More »New Hyperloop passenger module unveiled
[ad_1] The HTT capsule is 105 feet long and weighs five tons. The company has not yet completed its interior, which should accommodate between 28 and 40 passengers. The capsule will now …
Read More »At the age of 5, the hyperloop industry continues to make noise
[ad_1] If you are not in El Puerto de Santa Maria for the beaches or the annual sherry festival, you are probably there for history. The old town of Cadiz Bay, in …
Read More »Collapse of Primera Air: What you need to know if you booked through the airline
[ad_1] Thousands of passengers who chose to travel with the struggling airline Primera were left in limbo. The budget operator, which was scheduled to launch a service from Manchester Airport to Malaga …
Read More »Emerson Electric to Acquire GE's Intelligent Platforms Business Unit
[ad_1] Industrial automation equipment maker Emerson Electric agreed Tuesday to buy back General Electric's smart platform business, a day after the CEO's replacement by the conglomerate. The terms of the agreement, which …
Read More »Tesla Exceeds Delivery Expectations for Model 3, Model S and Model X Vehicles
[ad_1] Tesla Inc. TSLA, + 17.35% announced deliveries of 83,500 vehicles in the third quarter, including the delivery of 55,840 model 3 vehicles that exceeded the FactSet consensus of 55,600 vehicles. The …
Read More »After being criticized, Amazon announces that it will raise the minimum wage to $ 15 for all workers
[ad_1] An employee packs a box at the Amazon Distribution Center in Robbinsville, New Jersey, in June. (Bess Adler / Bloomberg News) Amazon.com announced Tuesday that it would raise its minimum wage …
Read More »Amazon raises minimum wage to $ 15 for 350,000 US workers
[ad_1] Effective November 1, Amazon will pay all US employees a minimum wage of $ 15 per hour, which, according to the e-commerce giant, will impact more than 250,000 full-time and on-time …
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