Economy

Tesla begins manufacturing solar roof tiles

Tesla begins manufacturing solar roof tiles They were first presented in October 2016, while the United States company started taking orders at the beginning of May 2017. This comes over one year after the unveiling by Tesla of the shingles to much fanfare as well as skepticism. The companies began production of traditional solar panels at the site past year, but they have not yet been installed on rooftops. A total estimated cost for a n... [Full Article...]

World Bank projects 7.3 percent growth rate for India in 2018

World Bank projects 7.3 percent growth rate for India in 2018 However, growth will remain below pre-crisis averages, partly reflecting a struggle in larger economies to boost private investment, according to the 2018 Global Economic Prospects of the World Bank released today. According to the World Bank's 2018 Global Economics Prospect, despite initial setbacks from demonetization and implementation of a Goods and Services Tax (GST), things in India will i... [Full Article...]

Karnataka girls 'warned' on ties with men of other faiths

Karnataka girls 'warned' on ties with men of other faiths The girl committed suicide on January 6. Screenshots of a WhatsApp exchange with a friend, in which the 20-year-old stated that she "loved Muslims", were shared widely on social media. The boys had alleged that she was becoming a victim of Love Jihad. We will arrest all those who harassed her either orally or through social media. The caller, later identified as Santosh, a Bajrang Dal activist... [Full Article...]

Meet the Tesla-challenging 161mph Fisker EMotion electric and self-driving vehicle

Meet the Tesla-challenging 161mph Fisker EMotion electric and self-driving vehicle The manufacturer didn't note the EMotions 0-60 time (potentially due to the machine's inevitably heavy weight due to the amount of energy storage used to power the auto for 400 miles); however, it did mention that the vehicle's top speed will be around an estimated 161-miles per hour. [Full Article...]

Discount airline Allegiant adds service to Charleston

Discount airline Allegiant adds service to Charleston This is the regional airport's first ultra-low-cost carrier and is expected to bring 100,000 more passengers to Sarasota Bradenton International Airport. Allegiant Air has announced two, new direct flights from CVG to Sarasota-Bradenton, Florida and to Charleston, South Carolina , reports the Cincinnati Business Journal . [Full Article...]

Jamie Dimon regrets calling bitcoin a 'fraud'

Jamie Dimon regrets calling bitcoin a 'fraud' After his comments earned him a position as one of the more reviled figures among the crypto community, Dimon claimed he was " not going to talk about Bitcoin anymore ". The digital currency's price soared 1,300% previous year. The high-profile chief executive added that he is "not interested that much in the subject at all". [Full Article...]

Whirlpool appliances to communicate with Apple Watch in early 2018

Whirlpool appliances to communicate with Apple Watch in early 2018 This collaboration with Apple Watch is another demonstration of Whirlpool Corporation's commitment to innovation that serves a goal. The Smart Front Control Range allows consumers to use a smartphone or tablet to get the right settings every time for frozen foods with Scan-to-Cook technology [1] or make multi-step meals more simple with technology that sends multiple instructions to the oven a... [Full Article...]

Ban on Plastic Microbeads Finally Launched in the UK

Ban on Plastic Microbeads Finally Launched in the UK The US, Canada and New Zealand are among the countries that have banned the use of microbeads in products. As a coastal area we know all too well that plastic in the sea and on our beaches is a growing problem. The ban will not affect "leave on" products such as make-up and sunscreen. It is estimated up to 51 trillion microbeads are now in our oceans, while a single shower can flush away a... [Full Article...]

Gary Rowett set to sign new Derby County deal

Gary Rowett set to sign new Derby County deal But Derby have made clear that they are not willing to release their manager, who has 18 months to run on the contract he signed when he took charge in March. In a statement, Hughes, who presided over three ninth-placed finishes at the club, admitted: "We haven't matched the high standards set in previous years". [Full Article...]

Discovery Communications moving from Silver Spring to NYC

The company has been known to hold local events in downtown Silver Spring and in the D.C. metro area, both during Shark Week and throughout the year. Discovery, which employs 7,000 people globally, said it will maintain a "Maryland network hub" to house select network functions and government relations, given its close proximity to the nation's capital, and it will also maintain its technology a... [Full Article...]

NY Assemblywoman Pamela Harris Indicted On Fraud, Witness Tampering Charges

NY Assemblywoman Pamela Harris Indicted On Fraud, Witness Tampering Charges Harris, 57, was charged with two counts of wire fraud, one count of conspiracy to commit wire fraud, four counts of making false statements , two counts of bankruptcy fraud, one count of witness tampering and one count of conspiracy to obstruct justice, according to the U.S. [Full Article...]

Old school Kodak +67% on blockchain move

Old school Kodak +67% on blockchain move Kodak's stock rose 44 percent on the news and is now trading at $4.30, up $37.60 on the day. Kodak has become just the latest brand name company to jump on the crypto trend to send its stock soaring. If an unlicensed usage of an image is detected, the KODAKOne platform says it will "manage the post-licensing process in order to reward photographers". [Full Article...]

Amazon's Jeff Bezos is now the richest person in the world

Amazon's Jeff Bezos is now the richest person in the world For example, he made roughly $1.4 billion in gains Monday when Amazon stock climbed almost 1.5%. According to CNN , he owns 78.9 million shares of Amazon . Bezos surpassed Microsoft founder Bill Gates to gain the title of richest person in history. He moved back ahead of Gates in October. That allowed Bezos, 53, who also owns the Washington Post and private space tourism company Blue Orig... [Full Article...]

India Not Eyeing Anyone's Territory: PM

India Not Eyeing Anyone's Territory: PM Talking about India's bond with the ASEAN countries, he said, "We have strengthened our strong relationship with ASEAN countries". As many as 10 leaders from ASEAN countries will be guests of honour on January 26 Republic Day celebrations in the Capital. [Full Article...]

TCL Aims for Innovation and Purpose at CES 2018

TCL Aims for Innovation and Purpose at CES 2018 A follow-up to this year's P Series, the 6-Series will be available in screen sizes of 65 and 55 inches and will feature Contrast Control Zone technology (local dimming), a new iPQ Engine, and the new HDR Pro Gamma control. This feature sounds a bit like Airplay, because devices enabled with Roku Connect or powered by Roku OS can easily talk to each other over the air. The TVs span two different s... [Full Article...]

Tesco wins out in battle of the big four for festive sales

Tesco wins out in battle of the big four for festive sales But sales of non-food items, such as clothing, fell 3.7% - marking their steepest drop in five years. Figures found many shoppers bought close to home and at convenience branches with Christmas Eve falling on Sunday meaning restricted opening hours for the larger supermarkets. [Full Article...]

Hyundai Fuel Cell EV First Look: Hyundai Prepares its New FCEV SUV

Hyundai Fuel Cell EV First Look: Hyundai Prepares its New FCEV SUV Hyundai has revealed the new Hyundai NEXO, its new fuel-cell vehicle packing the automaker's latest driver-assistance technology. And it displays side and rear views on the center dash display while the vehicle changes lanes either way. Hyundai says Nexo improves the range of the Tucson fuel cell by 105 miles to 370 miles on hydrogen refueling. The NEXO also supports 350 bar and 700 bar refuelin... [Full Article...]

Regulators In Bitcoin's Top Market Is Doing This To Curb Speculation

Regulators In Bitcoin's Top Market Is Doing This To Curb Speculation The move appears to have taken place just before 5 a.m. UTC (1 a.m. ET), when a steep, $35 billion drop in the total market cap of cryptocurrencies can be seen in CoinMarketCap's data. South Korea has taken an increasingly harder line on Bitcoin in recently months. Along with Japan, South Korea is among the largest trading venues for cryptocurrencies. [Full Article...]

Jet sacks pilots involved in mid-air brawl

Jet sacks pilots involved in mid-air brawl But that on the Monday flight, arguments turned violent and he slapped her, after which she came out of the cabin crying, the source alleged. "During examination of her checked-in and hand baggage, United States dollars 4,80,200 wrapped in aluminium foil having market value of Rs 3.25 crore, has been recovered", the statement said. [Full Article...]

Jaguar Land Rover reports record annual sales

Jaguar Land Rover reports record annual sales The UK meanwhile had "a solid performance", with sales on a par with 2016's record. Overall, Jaguar Land Rover sold 118,213 vehicles during 2017, slightly down from 118,290 in 2016 but comes against the backdrop of a United Kingdom auto market which saw a fall of 5.6 per cent a year ago. [Full Article...]


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