Within days of releasing their Q3 financial results, Tesla Inc. announced on Tuesday that it would be reducing the price of the Model S “Long Range” sedan by 4% in the United States. This news comes after the electric car manufacturer reported record quarterly deliveries.
With their third-quarter results scheduled...
The British pound sterling climbed by as much as 1.2% to $1.3384 as of Sunday morning, following talks between the United Kingdom and the European Union regarding a trade deal following Brexit.
During discussions, British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed that both...
The Bank of England unveiled a new 50-pound ($69) note on Thursday, in honor of mathematician Alan Turing who helped the United Kingdom win the Second World War with his code-breaking skills. In 1936, Turing wrote a paper that laid the foundation for modern computer science. The paper also...
With lawmakers currently in the process of debating whether or not to pass a stimulus package later this week, the direction that stocks on the NYSE are set to take remains uncertain.
The three major indices each incurred their fairly balanced share of gains and losses on Wednesday, with several...
Shareholders of the U.K. branch of Unilever recently voiced their opinions in a vote regarding the motion to unify the company’s headquarters in Britain, an inside source revealed.
With the vote expected to be officially announced at a shareholders’ meeting on Monday, it is believed that those involved voted heavily...
Earlier this month, Royal Dutch Shell plc decided to shut down operations at its Convent refinery in Louisiana—a move that will result in a loss of 700 jobs. This is just one American refinery that has been shut down as a result of shifts in the oil-refining industry stemming...
Biotech firm Moderna and ride-sharing company Uber have announced their intention to partner up in an effort to promote coronavirus vaccine distribution and improve ease of access.
In an announcement on Tuesday, the companies revealed that the first stage of their partnership would involve providing the public with “credible information”...
Nvidia's plans to acquire chip designer Arm from Softbank are officially off the table. The news was confirmed by both companies via press release on Tuesday.
Nvidia previously agreed to purchase Arm for $40 billion in cash and stocks back in late 2020. The news caused Nvidia's stocks to soar,...
In a study conducted by CoreLogic, a financial data and analytics firm, it was found that the proportion of US homeowners who are at least four months behind on their mortgage payments has reached 1.4%, a 21-year record high.
This figure is up 0.12% from July 2019, and is the...
Brian Niccol, the new CEO of Starbucks, intends to primarily focus on improving the company’s business in the United States in his early days as the coffeehouse chain’s top executive.
In an open letter shared this week, Niccol said that Starbucks “isn’t delivering” on providing the best experience for its...









