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  • Flood warning, watches in Racine County
Flood warning, watches in Racine County

Additional rounds of showers and storms are expected through Tuesday morning. Flash flooding can not be ruled out, but the primary concern is flooding of small streams and low-lying areas, according to the weather service alert. for counties north of D.C. and along the Maryland and Pennsylvania line. As of 10:30 p.m., the weather service said h...

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  • Margot Kidder, Lois Lane of the Superman franchise, has died
Margot Kidder, Lois Lane of the Superman franchise, has died

She was later placed in psychiatric care. "You've reached the goal, the thing that you said you wanted ... but also, it makes your life incredibly public", said Annie Kidder , who is based in Toronto. She also appears alongside Christopher Reeve in one of the most famous scenes in cinema history. In recent years though Kidder has been able...

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  • Kia confirms 48-volt mild hybrid Sportage is coming
Kia confirms 48-volt mild hybrid Sportage is coming

The battery recovers energy from the diesel engine's crankshaft when the vehicle is decelerating or driving downhill. The Korean automaker confirmed a new diesel mild-hybrid powertrain , which will debut in the Sportage later this year, followed by the third-gen Ceed in 2019.

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  • Tesla Bull Turns Bearish As Clouds Over Elon Musk Continue To Darken
Tesla Bull Turns Bearish As Clouds Over Elon Musk Continue To Darken

Tesla has shut down its production line twice before. It is our view that the challenges in ramping up Model 3 production reflect fundamental issues of vehicle design, manufacturing process, and automation levels that can weigh against the profitability of the vehicle.

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  • Russia, Iran discuss nuclear deal after United States withdrawal
Russia, Iran discuss nuclear deal after United States withdrawal

Several Irish firms began trading with Iran , the Middle East's second-largest economy, in the wake of the 2015 deal to control Tehran's nuclear ambitions, which led to the lifting of long-standing global sanctions and the resumption of formal trade ties with several European countries.

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  • Starbucks joins Amazon, lambasting Seattle's new head tax on top-grossing companies
Starbucks joins Amazon, lambasting Seattle's new head tax on top-grossing companies

Seattle declared a civil state of emergency over homelessness in late 2015. González said she was pleased to have the support of nearly every councilmember - Sawant did not support the amendment, but ended up voting in favor of the tax - but disappointed she couldn't find support for more.

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  • Trump pledges to get ZTE back in business
Trump pledges to get ZTE back in business

Chinese telecom equipment maker ZTE has been offered a lifeline after Donald Trump asked the US Commerce Department to help the company ZTE "get back into business, fast". "This egregious behaviour can not be ignored". "Imagine how the United States would feel if China had the power to crush one of our major corporations and make it go out ...

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  • European Union guarantees may help preserve Iranian nuclear deal - Rouhani
European Union guarantees may help preserve Iranian nuclear deal - Rouhani

Iran had been able to safeguard its oil industry against such threats over the past few years, Zangeneh was quoted as saying by Xinhua news agency. US officials in announcing the renewed sanctions said they expected USA allies in the oil-rich Persian Gulf region to make up Iran's shortfall in production, in a move they said would soften the impa...

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  • Ford halts production of F-150s
Ford halts production of F-150s

The news comes as Ford becomes even more reliant on its popular F-Series trucks . F-Series pickups generate most of Ford's profits and Morgan Stanley recently estimated the value of the franchise as greater than that of the entire company.

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  • California Authority Says State's New Homes Must Be Solar Powered
California Authority Says State's New Homes Must Be Solar Powered

Currently, only 15 to 20 percent of new single-family homes built in California come installed with solar panels . The Golden State is one step closer to becoming The Solar State. Luminalt solar installers Pam Quan (L) and Walter Morales (R) install solar panels on the roof of a home on May 9, 2018 in San Francisco, California .

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  • Sensex ends flat, up 8 points at 35216; Nifty above 10700
Sensex ends flat, up 8 points at 35216; Nifty above 10700

Global crude oil prices hovered above the $75 per barrel mark on uncertainties over the United States re-imposing sanctions on Iran , fanning fears of a supply disruption. The 30 share index gained 180.73 points (0.51 percent) to 35388.87. Overseas, Asian markets were trading higher following firm leads from Wall Street overnight.

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  • Comcast Considering Hostile Offer for 21st Century Fox Assets
Comcast Considering Hostile Offer for 21st Century Fox Assets

However, that deal may soon be off the table, as Comcast has started a bidding war not only for the acquisition of the Britain based satellite group Sky , but reportedly began discussions to find a way to beat Disney to the punch in acquiring Fox.

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  • Tyler Winklevoss tells Bill Gates how to short Bit Coin
Tyler Winklevoss tells Bill Gates how to short Bit Coin

He said: "As a class of asset, you aren't producing anything so you should not just expect it to go up". So Buffett says anyone buying bitcoin is betting that someone else will pay more for it later. Bill Gates is not the first important figure that talks negatively about cryptocurrencies in general. Bill Gates has a strong opposition to bitc...

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  • Billionaire Warren Buffett Calls Bitcoin 'Rat Poison Squared'
Billionaire Warren Buffett Calls Bitcoin 'Rat Poison Squared'

A day after acquiring the shares, Buffett said the iPhone maker should spend more cash buying its own shares. USA billionaire investor Warren Buffett said on Saturday that the world depends on the U.S. CNBC also reported Sunday that DataTrek Research co-founder Nick Colas-the first analyst on Wall Street to have covered Bitcoin-was advising ...

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  • Tesla ETFs Up Despite Musk's 'Bonehead' Tweet
Tesla ETFs Up Despite Musk's 'Bonehead' Tweet

RBC Capital Markets analyst Joseph Spak: The first question is related to the Model 3 reservations. "We're going to go as long as there are good questions to answer", he said of the question and answer phase of the call. According to CNCB, "The dollar amount of shares shorted on Tesla increased 28 percent in the last month to $10.7 billion, acc...

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  • Non-farm payrolls: United States jobs grow at slower-than-expected rate
Non-farm payrolls: United States jobs grow at slower-than-expected rate

Employers added about 164,000 jobs in April, up from last month's revised number of 135,000 jobs. The jobless rate, derived from a separate survey of households, fell to 3.9%, the lowest since December 2000, after six months at 4.1%. Some 236,000 USA workers left the workforce in April, which the Wall Street Journal suggests is the catalyst f...

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  • UK: New Home Secretary Javid pledges Windrush help
UK: New Home Secretary Javid pledges Windrush help

She also confirmed that a compensation scheme will be set up for people who have suffered loss or damages due to their inability to show they remained in Britain legally and to access services. It follows the resignations of former defence secretary Sir Michael Fallon, Priti Patel as global development secretary, Damian Green as first minister an...

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  • US Fed holds interest rates steady: 5 key takeaways
US Fed holds interest rates steady: 5 key takeaways

Still, Wednesday's statement didn't upgrade the language around inflation expectations. All eyes turn to the Fed's next meeting in June, when rates are set to go up. Fears over a widening account deficit, inflation more than double the central bank target and an ongoing reoccurrence of political risk is going to continue discouraging traders from...

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