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Partly sunny Labor Day, maybe some showers | WEEKEND WEATHER

High near 70 and low around 54. Northeast wind around 5 miles per hour becoming calm in the evening. Wednesday .Mostly sunny with a 20 percent chance of showers and thunderstorms. Partly sunny, with a high near 93. Winds SE 25-30 miles per hour. M...

Tesla's Autopilot software update makes automated cars safer

According to him, it is the last chance to improve performance and attract more investors. Tesla Motors Inc (NASDAQ:TSLA) is officially in gear for its second round of raising capital for 2016. Palo Alto-based Tesla plunged 5.3 percent in Thur...

Educate Oklahoma: ACT Scores Remain High

The state composite average is 19.5. "In 2015, our ACT scores were a five-year high in all individual subject areas, as well as in the composite score". "We are very thankful to our PK-12 staff, parents, and community for the value they place on ed...

Tesla Autopilot Update to Manage Freeway Interchanges, Report Says

Tesla co-founder and CEO Elon Musk just tweeted to inform the public that the company has been working on a major Tesla Autopilot update and that it's going to be released soon. Autoblog , based on a report from Electrek , states that the...

Eurozone inflation remains weak in August

Economists note that the drop in oil prices should get phased out of the inflation data in coming months, helping inflation edge up. Unemployment has remained stubbornly high in the eurozone since the financial crisis. Overall, there were few signs...

United Kingdom should work with European Union on migration

Meanwhile, Liam Fox has argued that not being in the single market is a price worth paying for border control. "Our aim must be clear: Never again should we allow the chaos of 2015 to repeat in Europe", Mr. Finance minister Philip Hammond reportedl...

Yum China sold for $460M

It also further expands the reach of Ant Financial, which runs Alibaba's Alipay mobile payments platform and has been expanding into China's restaurant industry. KFC and Pizza Hut brands reaped the rewards of catering to China's booming economy, with...

Stocks slip into losses in the afternoon after Yellen speech

Oil prices fell early on Monday as output from Iraq rose and as Iran said it would only cooperate in upcoming producer talks to freeze output if fellow exporters recognised its right to fully regain market share. Louis. The dollar rose against the ...

Earnings Analysis of: Tesla Motors, Inc. (NASDAQ:TSLA)

Owners will not have to visit a service station to get the updates . Tesla looks ready to launch Autopilot 2.0 as its first fully autonomous self-driving system in a wave of new software updates that are on their way in the coming weeks.

Truck bomb kills at least 7 in Somalia

Somali soldiers help a man, center, who was wounded by a blast near the presidential palace in the capital Mogadishu , Somalia, Tuesday, Aug. 30, 2016. Al Shabaab's Radio known as Andaluz reported that the group was the mastermind of the explosion...

Allegiant to add seasonal non-stop flights to Puerto Rico

Allegiant is adding a nonstop route between Louis Armstrong International Airport and Concord, North Carolina. Austin's airport is adding nonstop flights to two more cities. Petersburg-Clearwater on February 17. As of August 30, Allegiant operate...

Obama Administration Considers Ending For-Profit Immigrant Detention

Homeland Security Secretary Jeh Johnson said Monday that he directed an internal council to determine whether the use of private immigration detention centers should be eliminated. Corrections Corp. of America fell 9.7 percent to $15.81 at 1:28 p....

European Union insists 'ball still rolling' on United States trade deal

But the negotiations have been bogged down over the terms of the agreement as well as Britain's shock vote to leave the European Union and rising opposition to the deal in France and Germany. Republican presidential candidate Donald Trump pledging ...

Ann Coulter: If Clinton Wins, 'No Hope for GOP Winning Another Election'

And his new campaign manager, Kellyanne Conway, now describes his position on the issue as: "To be determined". Maybe Donald Trump has changed his position on immigration, and maybe he hasn't. While the meeting was behind closed doors, leaked acc...

Best Buy posts higher profit, better online and store sales

In a recent conference call, BestBuy CEO Hubert Joly said virtual reality "has the potential to contribute to our growth ", but it's unlikely to generate a material impact on results this year. Granted, enterprise dollar sales and comps were just a ...

Elon Musk takes Tesla to the top

SolarCity will cut 80 positions from its San Mateo headquarters and 28 in San Francisco. Lyndon Rive , SolarCity's chief executive officer, and Peter Rive , its chief technology officer, are each buying $17.5 million. Mr. Musk's unconventional d...

US Jobless Claims Decrease Further

Forecasts by economists averaged 265,000. An economists' rule of thumb is that any time claims are below 400,000, the labor market is growing steadily. A Labor Department analyst said there were no special factors influencing last week's claims data ...

ME land from Burt's Bees founder is new national monument

Angus King. It's sad that rich, out-of-state liberals can team up with President Obama to force a national monument on rural Mainers who do not want it. The distinction between the two categories of National Park Service sites does not affect how the...

Stocks fall in early trading as oil prices decline

Markit's Flash U.S. Manufacturing Purchasing Managers Index is also expected to be released in the morning. Now, in the ongoing "will they, won't they" saga, the next key marker is Fed chair Janet Yellen's speech this Friday at the gathering of ...

Travel misery for London commuters as union begins five-day strike

Shadow transport secretary Andy McDonald said: "It has become increasingly clear that the barrier to resolving the Southern-GTR dispute is the Tory government". "The union believes that there is a deal to be done based around the ScotRail principles ...

Donald Trump's new campaign manager: 'He doesn't hurl personal insults'

Now his campaign appears less definitive when it comes to that issue. That's what Kellyanne Conway, the Republican nominee's campaign manager, said on CNN's State of the Union when repeatedly asked whether the Republican presidential nominee ...

Stock Market News for August 11, 2016

Traders are looking ahead to Friday, when the government delivers its latest monthly retail sales figures. The S&P 500 fell 4 point, or 0.21 percent, to 2,177, with energy leading six sectors lower and consumer staples leading advancers.

Brent crude oil prices dip on prospect of record Saudi output

US crude settled at $48.22, up 3.06 percent after touching a session high of $48.38, the highest since July 5. It would confirm the bull market if USA oil settles above $47.41 a barrel and for Brent if it settles above $50.16. The 14-member bloc is...

Amid flagging sales, Macy's to shutter 100 stores

The closings represent a large shift in the company's portfolio, which now includes 728 Macy's stores around the country. Even Nordstrom's got caught out in shift of consumer buying habits - reporting the worst sales this spring since 2009.

Republican Donald Trump shaking up campaign

Robby Mook said Trump's shakeup indicates that he is not going to moderate his rhetoric, which included describing Mexican immigrants "rapists", calling for a ban on Muslims entering the US, and tweeting an attack on Clinton that used an anti-Semitic...

Cisco Systems to lay off about 14000 employees

According to the report , the company has already offered early retirement package plans to many of its employees. Cisco CEO Chuck Robbins, who took leadership in July 2015, has made efforts to boost growth and revenue. Analysts project a 2 per ce...

Hillary Clinton To Release 2015 Tax Returns

Clinton is trying to taking advantage of the turmoil in the Trump campaign, pitching herself to independents and moderate Republicans, and building on her momentum after party conventions. She is expected to release her 2015 tax filing this week, alo...

Erdogan positive about idea of creating Turkey-Russia-Azerbaijan trilateral summit mechanism

Turkey announced a mending of fences with Russian Federation with the establishment of joint military, intelligence and diplomacy procedures. But during their Moscow meeting, Erdogan and Putin said they would increase bilateral military and intelli...

Delta hopes to have operations back to normal by end of day

Delta Air Lines said it will start Wednesday, Aug. 10 operations with a little over 150 system-wide cancellations, with expectations that normal operations will return by mid-to-late afternoon. Delta's problem came only weeks after a similar meltdow...

Had fantastic tenure; results to be visible in 5-6 yrs: Rajan

Earlier in the day, RBI Governor Raghuram Rajan continued to criticise banks for not passing on rate cuts stating that banks may find new reasons everytime in order to ensure that the pass through does not happen. The move, which provides for a mar...

Facebook counters ad-blockers on their site

In 2016, 69.8 million Americans will use an ad blocker, an increase of almost 35% from a year ago, says research firm eMarketer. While this latest move may help protect its desktop ad sales, the vast majority (84%) of Facebook's ad revenue now co...

United Kingdom ties with China at risk over nuclear plant deal

Almost £40bn in investment deals and contracts were secured for the United Kingdom during Mr Xi's visit. China's ambassador in London called for a quick decision on the project, in which his country has a one-third stake, and said he hoped the Un...

Implementation of GST will boost Indian manufacturing industry

However, Congress Vice-President Rahul Gandhi had left immediately after the Bill was passed. As far as GST rate is concerned, he said it has to be low as it prevents distortion. But it was not easy getting the bill through in the Indian parliament...

Disappointed by Neymar, Brazil turns to Marta for Olympic football glory

The host nation, who also drew 0-0 with South Africa on Thursday, were roundly booed by the 65,000 crowd in Brasilia as they failed to break down a stubborn Iraq side. Portugal snatched their second consecutive win to advance to the quarter-fi...

Plane was burning, but Kerala passengers were busy taking belongings

The reaction of passengers and crew on an Emirates jetliner, seconds after the plane had crash-landed and seconds before it the fuselage was engulfed in a ball of flame, is caught on video obtained by Reuters . A mobile phone video filmed by passeng...

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Breaking News

OPEC members complaining, says Nigeria is overproducing

Whether to exempt Iran from making any cuts was one sticking point in the meeting, said a delegate. Iraqi minister Thamir Abbas Al Ghadhban said deliberations would continue on...

China vows quick action on U.S. trade promises: 'The sooner the better'

The yield on the 5-year Treasury note has fallen below the yield on the 2-year note, a move that suggests investors are fearful about the economy's longer-term health. Yet many eco...

Trump says China to "reduce and remove" tariffs on US-made cars

President Donald Trump left his top advisers scrambling on Monday to explain a trade deal he claimed he'd struck with China to reduce tariffs on USA cars exported to the cou...

Diplomats struggle for agreement on G-20 summit statement

Ms Merkel also said she hopes a meeting between the U.S. and Chinese leaders will help resolve trade tensions between the two countries. Last week the US President said "it coul...

US stocks decline as trade angst weighs; TSX slightly up

On their face, the comments were a reversal from early last month, when Powell said the key interest rate was probably still a " long way " from a so-called neutral level and that ...

Trump Wants GM To Reimburse America For The Bailout?

GM is set to idle five factories in the U.S. and Canada and eliminate about 14,000 jobs, more than ten percent of its North American workforce. "This callous decision by GM to r...

Historical photos of King Abdul Aziz Al-Saud's visit to Egypt

The Egyptian presidency said the prince is due to arrive in Cairo later Monday for talks with President Abdel Fattah al-Sisi. In Tunis , he is expected to hold talks with the ...

Why Cold Snaps Don't Disprove Climate Change

The climate assessment is required by law every few years. One benefit the report may have, even despite a lack of media coverage, may be to weaken the administration's legal...

Bitcoin Dips Below $5,000 For The First Time In 13 Months

The free fall in crypto prices is pretty steep at the moment. BTC/USD is down more than USD 1,000 and it is now (UTC 08:30 AM) trading below the USD 4,500 level. Past year the ...

Amazon Has Made its Decision...Ocasio Cortez Is Not Happy

Amazon has amassed an unduplicated database of available sites and cities' strengths and weaknesses from the volumes of HQ2 proposals submitted. The company said the new fac...

Special Reports

MI becomes first Midwest state to legalize recreational marijuana

MI becomes first Midwest state to legalize recreational marijuana

Many opposed to the measure argued that the proposal was too unstructured as it would have allowed for people to grow and possess as much cannabis as they want. "This is yet anothe...

What you need to know about the Pa. midterm elections

What you need to know about the Pa. midterm elections

Laying into the tangled legal scandals enveloping the Trump administration - especially the possible collusion between his presidential campaign and Russian operatives - Obama sc...

Apple Will No Longer Report Hardware Sales Figures

Apple Will No Longer Report Hardware Sales Figures

Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season. Sure enough, in the three month p...

Crude oil is doing something it hasn't done in years

Crude oil is doing something it hasn't done in years

The reign as world's biggest oil producer may be short-lived: Russian Federation in September produced 11.37 million barrels a day and they may be above 11.4 million in October....

IBM buying North Carolina-based Red Hat in $34B deal

IBM buying North Carolina-based Red Hat in $34B deal

Both Red Hat and IBM said the combined company will accelerate "hybrid multi-cloud adoption". "IBM's commitment to keeping the things that have made Red Hat successful - always t...