Économie

Ford accelerates drive into electric cars with $500m Rivian deal

Ford accelerates drive into electric cars with $500m Rivian deal Electric truck startup Rivian, which is opening its factory in downstate Normal, announced a $500 million investment Wednesday from Ford that will help the Big Three automaker develop its own next-generation electric vehicles. Both will be powered by battery packs and are created to be luxury vehicles that could appeal to numerous consumers drawn to Tesla and its upscale models. [Full Article...]

Maker Amazon's profit more than doubles in three months

Maker Amazon's profit more than doubles in three months Amazon's latest earnings conference call included the reveal of a major shift for the paid Amazon Prime subscription service: an "evolution" to one-day shipping as a nationwide default. Revenue rose 17% to $59.7 billion, which also beat Wall Street expectations. It has expanded its fleet of jets, has plans to open package sorting hubs at two airports and launched a program previous year that... [Full Article...]

Facebook investigated by New York AG over email harvesting

Facebook investigated by New York AG over email harvesting The social network reportedly used the information to refine its ad targeting processes and friend connections, though it didn't tell users it was collecting their contact lists. Another day, another investigation for Facebook to deal with. "We're in touch with the New York State attorney general's office and are responding to their questions on this matter", a Facebook spokesperson said in a st... [Full Article...]

Google spinoff Wing lands FAA clearance for drone deliveries

Google spinoff Wing lands FAA clearance for drone deliveries It's been a downward grind-characterized by lower highs and lower lows-for Drone Delivery Canada Corp ( CVE:FLT ) ( OTCMKTS:TAKOF ) over the past sixteen months. This will, of course, limit where Wing can operate. The delivery service is set to launch within months in Blacksburg. The drones have a six-mile range, so the staging area - known as the nest - will determine who is able to signup ... [Full Article...]

Microsoft hits $1 trillion market valuation

Microsoft hits $1 trillion market valuation The companies and Amazon .com have taken turns in recent months to rank as the world's most valuable US-listed company. Shares rose 3 percent after the bell, adding to the about 23 percent gain so far this year. It handily beat Wall Street estimates of $29.84 billion. "Demand for our cloud offerings drove commercial cloud revenue to $9.6 billion this quarter, up 41 percent year-over-year", ... [Full Article...]

Wall Street edges lower, energy stocks fall

Wall Street edges lower, energy stocks fall European oil and gas shares jumped 2 per cent, with BP Plc and Royal Dutch Shell Plc leading gains in London, while the FTS Eurofirst 300 Index of leading European shares hit eight-month highs. Chip stocks rose as much as 1.9 per cent to a record high after shares of Texas Instruments clawed back losses. U.S. stocks soared on upbeat results from Twitter Inc, Coca-Cola Co, United Technologies C... [Full Article...]

Ousted Nissan chief Ghosn granted release on bail

Ousted Nissan chief Ghosn granted release on bail She is mentioned in the latest allegations that centre around payments by an Oman business to operations allegedly run by Ghosn, which reportedly have some links to his wife's business. Critics say the system enables authorities to hold alleged offenders in hard conditions for long periods of time in hopes of soliciting an admission of guilt. [Full Article...]

Les réponses du président ne passent pas — "Gilets jaunes"

Les réponses du président ne passent pas — A 18h00, le chef de l'Etat prendra place face à plusieurs centaines de journalistes dans la salle des fêtes de l'Elysée. Pas de pupitre et d'intervention debout, mais un bureau blanc et un fauteuil, comme jadis Charles de Gaulle, qui excellait dans l'art de défier la presse. [Full Article...]

Microsoft profit, revenue beat estimates on cloud growth

Microsoft profit, revenue beat estimates on cloud growth We are accelerating our innovation across the cloud and edge so our customers can build the digital capability increasingly required to compete and grow", CEO Satya Nadella said in a statement. One of these days, Microsoft will decide that it needs to break out the amount of revenue it is recording from sales of its Azure cloud computing services. [Full Article...]

Kim Jong Un arrives in Russian Federation before summit with Putin

Kim Jong Un arrives in Russian Federation before summit with Putin North Korean leader Kim Jong Un and Russian President Vladimir Putin will meet on Thursday in the Russian Pacific port of Vladivostok to discuss the global standoff over Pyongyang's nuclear programme, a Kremlin official said . Kim evoked his father's "great love for Russia" and said that he meant to strengthen the ties between the two countries. Mr Kim's predecessors as leader, his father... [Full Article...]

Elizabeth Warren explains why she wouldn’t be ‘Hillary’d’ in 2020 presidential election

Elizabeth Warren explains why she wouldn’t be ‘Hillary’d’ in 2020 presidential election Those programs, while widely available, are often not well advertised to the people who could use them, leading to ongoing debt crunches Thompson said. Every year, millions of Americans decide not to take out student loans and, instead, attend low-priced trade schools or use their high school diploma to find work - both of which are financially sound decisions that don't require the bailout Warr... [Full Article...]

L'Arabie saoudite appelle à maintenir la pression sur l'Iran — Pétrole

L'Arabie saoudite appelle à maintenir la pression sur l'Iran — Pétrole Paris compte poursuivre sa coopération avec Téhéran. Les États-Unis ont encore renforcé lundi leur campagne de " pression maximale " pour faire plier l'Iran , leur ennemi numéro un au Moyen-Orient, en mettant fin aux dérogations qui permettaient encore à huit pays d'acheter du pétrole iranien . [Full Article...]

Trump Administration Officially Cuts Off Iranian Oil Exports

Trump Administration Officially Cuts Off Iranian Oil Exports Since November, three of the eight countries receiving waivers - Italy , Greece and Taiwan - have stopped importing oil from Iran. The Iranian foreign ministry said Iran was in "constant talks with its worldwide partners including the Europeans" on the ending of the exemptions. [Full Article...]

Justice Issad Rebrab et les frères Kouninef, arrêtés

Justice Issad Rebrab et les frères Kouninef, arrêtés Ces deux anciens hauts gradés, Bey Saïd et Chentouf Habib, selon un ex-colonel du renseignement, ont fourni des armes de guerre à l'homme d'affaires Ali Haddad. Ils sont accusés de "dilapidation des deniers publics et indus avantages". Au lendemain de son arrestation, la justice avait annoncé l'ouverture d'enquêtes sur des faits de corruption et de transferts illicites de capitaux. [Full Article...]

Tesla investigating apparent explosion of parked vehicle in Shanghai

Tesla investigating apparent explosion of parked vehicle in Shanghai For now, there isn't a simple explanation as to why this happened, but Tesla has confirmed it is investigating to figure out what exactly went wrong. "After learning about the accident that occurred in Shanghai , we sent the team to the scene last night", Tesla wrote (according to a Google translation). [Full Article...]

Here's how Elizabeth Warren's student loan debt forgiveness plan would work

Here's how Elizabeth Warren's student loan debt forgiveness plan would work Warren's plan, which would cost roughly $640 billion, would eliminate up to $50,000 in student debt for each person with less than $100,000 in household income. Her campaign's top finance official stepped down in March after a disagreement with Warren over pursuing big-dollar donors, leaving the MA senator ever-more reliant on small-dollar contributions. [Full Article...]

Four Tesla directors to leave company in board streamlining

Four Tesla directors to leave company in board streamlining The fight goes all the way back to Musk's failed bid to take Tesla private in September, and the SEC's later motion to have Musk found in contempt of court. Jurvetson, who is scheduled to depart in 2020, returned to his role at Tesla this month after taking a year-long leave of absence that he began amid reports of inappropriate workplace behavior and harassment. [Full Article...]

Sears sues Lampert, claiming he looted company and drove it into bankruptcy

Sears sues Lampert, claiming he looted company and drove it into bankruptcy Lampert purchased most of Sears' assets in February, including the DieHard and Kenmore brands, after a bankruptcy action. The complaint goes on to say that "Sears would have had billions of dollars more to pay its third-party creditors today and would not have endured the amount of disruption, expense and job losses resulting from its recent bankruptcy filing". [Full Article...]

Ottawa To Rule On Trans Mountain Pipeline Project By June 18

Ottawa To Rule On Trans Mountain Pipeline Project By June 18 The Trans Mountain expansion (TMX) project would almost triple the amount of crude flowing from Alberta's oil sands to British Columbia's coast, but has been beset by regulatory delays and opposition from indigenous groups, environmentalists and the government of British Columbia. [Full Article...]

SpiceJet to give hiring preference to employees of Jet Airways: Chairman

SpiceJet to give hiring preference to employees of Jet Airways: Chairman SpiceJet had said on Thursday that it will induct six more Boeing 737-800 NG aircraft on dry lease in addition to the 16 B737s and 5 Q400s that will soon the fleet. The company has completed its engineering trial of the updated software, and its technical and engineering leaders were on board the final flight test earlier this week, Chief Executive Officer Dennis Muilenburg said in a video messa... [Full Article...]


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