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Monthly Archives: February 2019

House passes gun control background check bill, Trump pledges to veto

Chip Somodevilla | Getty Images Seven thousand pairs of shoes, representing the children killed by gun violence since the mass shooting at Sandy Hook Elementary School in 2012, are spread out on the lawn on the east side of the U.S. Capitol March 13, 2018 in Washington, DC. The House …

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Amazon announces Project Zero to reduce counterfeit products

Alex Wong | Getty Images Amazon CEO Jeff Bezos, founder of space venture Blue Origin and owner of The Washington Post, participates in an event hosted by the Air Force Association September 19, 2018 in National Harbor, Maryland. Amazon is taking a new approach to its counterfeit problem by putting …

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Top Tesla analyst Jonas takes a few guesses at what the big announcement on Thursday will be

Aly Song | Reuters Tesla CEO Elon Musk and Shanghai’s Mayor Ying Yong attend the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Widely followed analyst Adam Jonas took some guesses at what the big announcement from Tesla will be on Thursday afternoon. Jonas believes it could …

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Rep. Matt Gaetz faces bar inquiry because of Michael Cohen tweet

Gaetz on Tuesday tweeted directly at Cohen, using Cohen’s Twitter handle, a message that said: “Hey @MichaelCohen212 – Do your wife & father-in-law know about your girlfriends?” “Maybe tonight would be a good time for that chat. I wonder if she’ll remain faithful when you’re in prison. She’s about to …

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Uber and Lyft drivers will reportedly get stock in the highly anticipated IPOs

Lane Turner | Boston Globe | Getty Images A driver with placards for both Lyft and Uber waits for a traffic light outside South Station in Boston after picking up a passenger. Ride-hailing companies Uber Technologies and Lyft will give some of their drivers a chance to participate in their …

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Trump agreed to nothing with North Korea, completely defying experts

Saul Loeb | AFP | Getty Images U.S. President Donald Trump during a bilateral meeting with North Korea’s leader Kim Jong Un in Hanoi on Feb. 28, 2019. All told, Lisa Collins, a fellow with the Korea Chair at the Center for Strategic and International Studies, said she did not …

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Tesla lining up about $2 billion in loans for Shanghai Gigafactory

Source: Shanghai Municipal People’s Government  Shanghai Mayor Ying Yong and Tesla Chairman and CEO Elon Musk pose in from of a plaque for the Tesla (Shanghai) Ltd. Electric Vehicle Development and Innovation Center.   Tesla is lining up about $2 billion (more than 13 billion RMB) from Chinese lenders to build …

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Fourth quarter growth expected to fall back to slower trend, hit by trade

A widening trade gap, a more sluggish consumer and softer business spending bit into fourth quarter growth, and economists now expect that the economy grew at about 2.3 percent in the final quarter of 2018. On top of that, first quarter growth is looking even weaker, at less than 2 …

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FDA plans first public hearings on legalizing CBD foods in April

Zach Gibson | Getty Images FDA Commissioner-designate Scott Gottlieb testifies during a Senate Health, Education, Labor and Pensions Committee hearing on April 5, 2017 at on Capitol Hill in Washington, D.C. The Food and Drug Administration will hold its first public hearings on CBD in April as the agency weighs …

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L Brands, Square, HP and more

Bloomberg | Getty Images A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Victoria’s Secret has been under scrutiny for failing to keep up with shifting consumer demands, especially involving …

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