Tesla Expands Borrowing Capacity Amid Costly Work Toward Model 3
Bloomberg, 24 June at 00:07
Tesla Inc. boosted its ability to borrow for the second time in about six months, as Chief Executive Officer Elon Musk spends heavily to bring his cheapest electric car yet to market. The company expanded credit agreements by a combined $800 million to ...
Why did the factory cross the road? To get away from Donald Trump's kiss of death
Quartz, 23 June at 23:51
If you are an American worried about your local factory losing jobs, better not let Donald Trump find out. Four reasons why: No.1. In February, the US president visited the Boeing factory in North Charleston, SC. “We are going to fight for every last
Travis Kalanick is no longer Uber's CEO, but drivers still want him on the hook in lawsuit
Los Angeles Times, 23 June at 23:40
Recent scandals have put Uber on such shaky ground that a lawyer representing aggrieved drivers has filed a lawsuit against Travis Kalanick and Garrett Camp — the ride-hailing firm's co-founders — in case the company doesn't survive long enough to ...
Newest round of Sears closings reaches store in Metro Detroit
MLive.com, 23 June at 23:22
Sears Holdings Company plans to close an additional 20 unprofitable Sears stores in the U.S., according to a filing on Friday with the SEC. One of those will be one of Metro Detroit's first suburban Sears: The store in Macomb Mall in Roseville, north
Wal-Mart will not bid against Amazon for Whole Foods: report
MarketWatch, 23 June at 23:20
Wal-Mart Stores Inc. WMT, -0.90% is not considering a bid for Whole Foods Market Inc. WFM, -0.59% the grocery chain that Amazon.com Inc. AMZN, +0.24% has agreed to purchase for $13.7 billion, according to a Friday afternoon report. Reuters reported ...
Walmart Not Considering a Bid for Whole Foods
TheStreet.com, 23 June at 23:04
Walmart ( WMT) is not considering placing a bid for health grocer Whole Foods ( WFM) , according to Reuters. There has been some rumblings that Walmart could potentially make a rival bid for Whole Foods in attempt to block Amazon.com's $13.7 billion ...
Fed's Mester Argues for Rate Hikes as Bullard Counsels Patience
Bloomberg, 23 June at 23:00
Federal Reserve officials on Friday argued both sides of the debate over how the U.S. central bank should react to a recent downturn in inflation, highlighting a discussion that could determine how many more times its raises interest rates this year
Amazon's idea for a massive drone dock looks like a cross between a beehive and a spaceship
Recode, 23 June at 22:38
Amazon is interested in moving its future drone delivery fulfillment centers closer to urban centers. by April Glaser@aprilaser Jun 23, 2017, 3:38pm EDT. tweet · share · Linkedin. Screenshot from Amazon patent application. Amazon has applied for a
Asian carp found in Chicago canal, just 9 miles from Lake Michigan shores
Milwaukee Journal Sentinel, 23 June at 22:14
Asian carp are on the move toward Lake Michigan, even as the Trump Administration refuses to release an ambitious new plan to block the migration of the fish up the Chicago Sanitary and Ship Canal and into the Great Lakes. A single live Asian carp was ...
Amazon's Whole Foods Strategy: It's Not What You Think
Forbes, 23 June at 21:58
Ever since Amazon.com AMZN +0.03% announced it was acquiring Whole Foods earlier this week, the pundits have been jumping on the story, each one theorizing about Amazon's motivations for the acquisition. Some guesses make more sense, ...
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