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Monthly Archives: June 2018

Guatemala volcano Fuego explodes again

Luis Echeverria | Reuters A view of an area affected by eruption from Fuego volcano in the community of San Miguel Los Lotes in Escuintla, Guatemala June 4, 2018. Guatemalan authorities warned that the Fuego volcano was showing signs of greater activity on Tuesday night as the death toll from …

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Malaysian central bank governor resigns, successor being decided: PM

MANAN VATSYAYANA | AFP | Getty Images Malaysia’s newly-appointed Central Bank Governor Muhammad Ibrahim delivers his keynote address at the Global Islamic Finance Forum in Kuala Lumpur on May 11, 2016 Malaysian Prime Minister Mahathir Mohamad said on Wednesday he has accepted the resignation of central bank governor Muhammad Ibrahim, …

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WeWork to expand in Southeast Asia

Mandel Ngan | AFP | Getty Images A man enter the doors of the ‘WeWork’ co-operative co-working space in Washington, DC. Office-sharing start-up WeWork is looking to expand within Southeast Asia. The New York-based company, known for spacious buildings consisting of private offices and desks that it rents to freelancers, …

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Primary election results in California, New Jersey, Iowa and Montana

Justin Sullivan | Getty Images News | Getty Images A boy stands in the doorway of a polling station on June 5, 2018 in San Anselmo, California. California voters are heading to the polls to vote in the primary election. The eight states holding primary elections Tuesday will play a …

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Tesla ‘extremely likely’ to make 5,000 Model 3s per week by month’s end

Noah Berger/Bloomberg | Getty Images Workers add seat belts to a Tesla car at the assembly plant in Fremont, California. Tesla CEO Elon Musk said Tuesday it is “extremely likely” Tesla will hit a weekly Model 3 production rate of 5,000 cars. He also said the electric car maker will …

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Tesla talks Shanghai factory at shareholder meeting

Salwan Georges | The Washington Post | Getty Images Tesla’s new Model 3 car on display is seen on Friday, January 26, 2018, at the Tesla store in Washington, D.C. At a shareholder meeting on Tuesday, Tesla’s head of worldwide sales, Robin Ren, revealed that the company plans to build …

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Volcano lava destroys hundreds of homes overnight in Hawaii

Getty Images Zivile Roditis hugs Howie Rosin (L), shortly after Roditis’ home was destroyed by lava from a Kilauea volcano fissure, in Leilani Estates, on Hawaii’s Big Island, on May 25, 2018 in Pahoa, Hawaii. A Hawaii County spokeswoman says lava from the erupting Kilauea volcano destroyed hundreds of homes …

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Cruise ship stocks are the worst performers in S&P 500

Shares of the major cruise-line companies fell broadly on Tuesday after an analyst at Morgan Stanley said he expect the space to get hit by weak travel demand. Carnival, Royal Caribbean Cruises and Norwegian Cruise Line all dropped more than 4 percent and were the worst-performing stocks in the S&P …

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Chinese telecom ZTE signs agreement in principle with US to lift Commerce Department ban: Reuters, citing sources

VCG | Getty Images Employees work on the North America project line of smartphone at a workshop of ZTE Corp. on July 26, 2016 in Xi an, China. ZTE has signed an agreement in principle that would lift a U.S. Commerce Department ban on buying from U.S. suppliers, allowing the …

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Wells Fargo continues branch cull, selling 52 Midwest locations

Andrew Harrer | Bloomberg | Getty Images A pedestrian walks past a Wells Fargo bank branch in Washington, D.C. Wells Fargo continues to slim down its national branch network even as rival J. P. Morgan Chase is set on a big expansion. Earlier Tuesday, Wells said it struck an agreement …

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