Money


North Korea Bans Weddings, Funerals Before Party Congress
- May 10, 2016

Jeong Joon-hee, the South's Ministry of Unification spokesman, said in a briefing on Monday, "We are watching closely the possibility of North Korea kidnapping or conducting acts of terror against our overseas citizens". But North Korea's nuclear threat has South Korea on alert. The Worker's Party of Korea is North Korea's ruling party. "Nominally, it's for the party, but really this congress is for Kim", he added. (more...)
Air Bag Recall Called 'Largest in U.S. History' Air Bag Recall Called 'Largest in U.S. History'
- May 09, 2016

NHTSA says degradation of a chemical propellant can cause it to burn too quickly, rupturing the inflator module and sending shrapnel through the air bag and into the vehicle occupants. The new recalls, to be prioritized by age and risk of exposure to high humidity and phased in through 2019, come as automakers seek enough replacement parts to meet the current demand for recalls. (more...)
CARB lets slip that Tesla will offer a mid-range 75kWh Model S
- May 06, 2016

However Tesla tells The Verge that those who bought a refreshed Model S 70 between April 11 and today can unlock the extra range without having to cough up that little bit of extra cash. Enabling the full 75-kWh charge capacity will increase the range of the Model S by 19 miles. A battery capacity increase of about 7% could theoretically bring that range to about 250 miles. (more...)
Investigators consider overdose in Prince death
- April 30, 2016

This week, as investigators look into Prince's tragic death at the age of 57, new details have emerged that appear to paint a tragic picture. Prince's Paisley Park home and studio were searched on the same day he died. Meanwhile, the Chief Deputy of the Carver County Sheriff's Department said that they are continuing to investigate the circumstances of Prince's death. (more...)
Facebook Says It Gained 60 Million Users in the Last 3 Months
- April 29, 2016

Facebook has also widened its ad options, such as letting brands and agencies stick more spots on its photo-sharing app Instagram. This would potentially allow ZUCKERBERG to sell some of his shares while still maintaining control of the company. (more...)
Chipotle posts first quarterly loss after food scares Chipotle posts first quarterly loss after food scares
- April 29, 2016

Chipotle went offered its IPO in January 2006 and was profitable until a year ago, when a number of health outbreaks at its restaurants around the country sent its profits into a tailspin. Shares of Chipotle were down4% two hours into after-market trading. The brand satisfaction before E. coli outbreak was 70%, while after the crisis it was at 50%, and it has moved up to 61%. (more...)