According to reports in the media quoting sources, a settlement with the SEC can be made by Tesla Inc’s Elon Musk in relation to the case filed by the US regulator charging Musk of committing fraud in reference to his… Read More ›
Month: September 2018
Blackberry’s Transformation Continues Perfectly
The turnaround of the onetime leader of the mobile phone industry – BlackBerry, is apparently going on well, as it attempts to now become a leader in cybersecurity software and connected cars. Software and services account for over 90% of… Read More ›
Australian Banking Industry Misconduct Driven By Greed: Royal Commission
An inquiry into Australian banking system has concluded that a culture of greed is driving incidents of abuse and misconduct in Australia’s banks and financial institutions. Widespread wrongdoing in the banking industry has been exposed by a royal commission this… Read More ›
Firms Selling Cryptocurrency Mining Equipment Wants To Go Public
Three top developers of cryptocurrency technology are reportedly in the hope of raising billions of dollars by selling shares and thereby offering investors a new method to bet on digital currencies. Cryptocurrencies are based on computer code in stark contrast… Read More ›
Britain’s Competition and Markets Authority to probe super complaint against consumers ‘rip off’
Britain’s Citizens Advice has lodged a super complaint against the country’s financial and telecom providers saying existing customers were being overcharged yearly to the tune of $5.2 billion. Following a complaint by Britain’s consumer body Citizens Advice that customers who… Read More ›
U.S. Securities and Exchange Commission files lawsuit against Tesla’s CEO
The highly unusual lawsuit is potentially aimed at gaining leverage so as to force Tesla Inc’s CEO Elon Musk to settle. According to Teresa Goody, CEO of law firm Goody Counsel, who is also a former SEC attorney, most such… Read More ›
$1 Billion In Profits Lost By Ford Due To Trump Metal Tariffs: CEO
United States president Donald Trump and his administration was encouraged to resolve trade disputes fast by Ford Motor Co’s Chief Executive Officer Jim Hackett. But he also warned that if the trade disputes are not resolved fast, the tariffs would… Read More ›
Australian Study Uses Mango Peel To Eliminate Soil & Water Contamination From Oil Spills
A recent Australian study has found that one of the useful and environment friendly methods to clean up any form of oil spills in the world is making use of mango peels. This conclusion was arrived at in a study… Read More ›
Cost of food and drink likely to shoot up significantly in case of a no-deal Brexit
Consider this snapshot: last year the UK imported food and drink worth 48 billion pounds, 71% of which were not subject to tariffs. As per the results of a study commission by Barclays that was released on Thursday, food suppliers… Read More ›
German institutes warn of major recession in EU and Germany if trade conflict with the U.S. escalates
Germany, the EU’s biggest economy, thrives on its exports of cars to the U.S. EU’s retaliatory measures could also significant slow down the U.S. economy if not trigger a major recession there. On Thursday, leading economic institutes from Germany disclosed,… Read More ›
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