Tesla walks back its plan to close most showrooms

The $35,000 base Model 3 will still be available, but the company is raising prices by 3 percent on all other models. In a Monday filing with government regulators, Tesla now says it closed 10 percent of its stores, but a few of those will now remain open. Another 20 percent are being evaluated and some could remain open. The company gave no numbers, but said it would close only about half the stores that it had intended to. It has 378 stores and service centers worldwide and about 100 stores in the U.S. If the company closes 30 percent of the stores that would equal about 110. “As a result of keeping significantly more stores open, Tesla will need …

CNN 10 – March 11, 2019

March 11, 2019 TRANSCRIPT Click here to access the printable version of today’s CNN 10 transcript. CNN 10 serves a growing audience interested in compact on-demand news broadcasts ideal for explanation seekers on the go or in the classroom. The show’s priority is to identify stories of international significance and then clearly describe why they’re making news, who is affected, and how the events fit into a complex, international society. Thank you for using CNN 10 Original Article : HERE ; This post was curated & posted using : RealSpecific

Formula E to make London return with ‘one-of-a-kind indoor/outdoor’ track

(CNN)Formula E plans to stage a race in 2020 that will feature an indoor section as the sport returns to London. London previously held four editions of the electric car race between 2015 and 2016, with Sam Bird claiming glory on home soil in the second of the 2015 races. However, the Battersea Park Street Circuit used as the final event during Formula E’s first two years was scrapped after facing opposition, which accused the environmentally-focused series of harming the local green space area. Bird, who now has eight Formula E race wins to his name and 17 podiums, said that he was “delighted” by the news. He explained: “As a British driver and a previous London E-Prix winner, I’m …

He took the leap into cannabis. Now everyone is following

Constellation Brands, a major American beverage company, had been weighing whether to break into the cannabis business for a while when executive chair Rob Sands had an epiphany. Ginni Rometty is shaping IBM’s future with a $34 billion acquisition Channing Dungey made Roseanne a hit again. Then she fired her Read all 14 Risk Takers profiles The hefty sum has already spooked investors. In January, Constellation slashed its 2019 forecast because of additional expenses from the deal and expected weakness in its wine business. Shares of the company plummeted. That report shows just how much Constellation has on its plate. Not only is the company breaking ground in the cannabis sector, but it also has to keep up with evolving …

Delay would be ‘calamity’, say Brexiteer MPs

They said that such an outcome would be “a costly delay for businesses which have prepared to exit on 29 March”. Both were confident that without changes to the deal, Mrs May would be “defeated firmly” again on Tuesday. Related Topics Steven Baker Nigel Dodds Theresa May Brexit Original Article : HERE ; This post was curated & posted using : RealSpecific

The Latest: Pakistan arrests key suspects in Kashmir attack

Pakistan’s Interior Ministry says authorities have arrested dozens of suspects, including the brother of the leader of the outlawed Jaish-e-Mohammad group that India has blamed for the Feb. 14 suicide bombing in Indian Kashmir that killed 40 troops. That bombing last month triggered a dangerous escalation that last week pushed Pakistan and India close to an all-out war over Kashmir. In Tuesday’s statement, the ministry says 44 suspects were arrested, including prominent members of the outlawed militant group. Among those arrested was Mufti Abdul Rauf, the brother of the group’s leader, Masood Azhar. The ministry says the brother was among suspects listed in a file on the February bombing that India gave to Pakistan over the weekend. Kashmir is split …

Elon Musk’s adventure in space

(CNN)On Saturday, SpaceX launched the unmanned Crew Dragon capsule on a Falcon 9 rocket. A little more than 24 hours later, the Crew Dragon docked successfully with the International Space Station. SpaceX CEO Elon Musk and his team are right to celebrate this tremendous achievement. Then as now, the Russians and United States were leaders in space. What’s different about the SpaceX docking feat is that it’s a private company, not a government, that’s in charge of the operation. After 2011, when NASA retired the Space Shuttle after 30 years and 135 flights, astronauts had to be ferried to and from the ISS on Russian Soyuz spacecraft. Developing a new crewed capability has been a priority for NASA, and by …

The secret to closing the nation’s skills gap: moms

For years, Americans have been talking about the growing skills gap: 7 million science, technology, engineering and math jobs are predicted to open by 2028, according to the labor market analysis firm EMSI, and employers fear there won’t be enough skilled workers to fill them. Americans have been talking, too, about how closing the gender gap is crucial to solving this problem. While women constitute nearly half the US workforce, they hold just 29% of STEM jobs. 4 signs a company is a good employer for women Shell is tying executive pay to carbon emissions. Here’s why it could create real impact America is facing a leadership crisis. It’s on us to fix it Excellent technical programs are often designed …

Trump asks China to remove all agricultural tariffs on US

(CNN)President Donald Trump asked China in a tweet Friday to lift all of its tariffs on American agricultural products, pointing to his decision to delay a second round of tariffs and to improving trade relations with China. Trump on Sunday had lauded “substantial progress” in the talks covering “important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues” and resulting in “a very good weekend for U.S. & China!” Trump’s request Friday came following his decision to walk away from negotiations with North Korea at a summit in Vietnam on Thursday, alleging that leader Kim Jong Un had insisted on full sanctions relief in exchange for partial denuclearization in an unacceptable offer. Trump had …

Debenhams in profit alert as sales slide

Debenhams secures cash lifeline Debenhams ‘trying to make shopping fun again’ Debenhams may close stores this year Sergio Bucher, the chief executive of Debenhams, said: “We are making good progress with our stakeholder discussions to put the business on a firm footing for the future. “We still expect that this process will lead to around 50 stores closing in the medium term.” He said the business would need the help of landlords and local authorities to address rent and rate levels and lease commitments. A month ago, the department store chain said it had been granted a cash injection of £40m to buy it extra time as it battled to secure a longer-term deal with lenders. At the time, the …

App stalkers, robocall defenses and more: Tech Q&A

A: If you’re hearing this for the first time and think, “That sounds like Y2K,” you’re not alone. The problem, and its effects are shockingly similar to the ones we feared in 1999. Many of our current systems were constructed in a very different time when a 20-year cycle sounded eons away. But the clock is ticking, and April 6 can indeed cause some problems. How significant are they? And will drivers start weaving into ditches because their GPS devices have gone haywire? The details will come as a relief to most people, yet not all. Tap or click here to prep for the GPS meltdown of 2019. Stop apps from tracking you Q: I heard you say on your …

The Prince of Wales, the oligarch and the house

The loan was secured on land nearby, which Prince Charles was confident his foundation could develop. The plan was to turn it into a model village akin to Poundbury in Dorset, to be called Knockroon. The hope was that income from the town and tourism would support the estate and help to regenerate the neighbouring area. The crash Then came the 2008 financial collapse. By 2009 the value of the land, after planning permission was granted, was barely £9m, far less than the foundation owed, putting the loan in negative equity. The prince, or the Duke of Rothesay as he is officially titled in Scotland, told ITV it was a “huge worry”: “You know you wake up in the middle …

The stock market is worried about China, not Michael Cohen

New York (CNN Business)The stock market doesn’t care about Michael Cohen’s testimony. But it does care about whatever is happening with President Donald Trump’s trade deal with China. Cohen may have some “titillating” things to say onCapitol Hill on Wednesday, but “I don’t think he’s really significantly increased the chances of impeachment or conviction,” Valliere said. Valliere added that investors are also far more interested in what’s going on with the Federal Reserve. The Fed has pleased investors by signaling that it won’t be as aggressive with interest rate hikes this year. Lindsey Piegza, chief economist at Stifel Fixed Income, said she predicts the Fed could soon be looking at reducing interest rates if US economic growth runs into more …

Months After Hurricane Michael, Thousands Of Floridians Remain Homeless

The tents shelter those still homeless more than four months after Hurricane Michael screamed ashore with 155-mph winds, flattening, blowing away or rendering uninhabitable thousands of houses. ASSOCIATED PRESS This combination photo taken Oct. 12, 2018, top, shows Hector Morales sitting on a debris pile on a street corner near his home which was destroyed days earlier by Hurricane Michael in Mexico Beach, Fla., and the same corner on Jan. 25, 2019, bottom.  Some have been able to make their homes livable again with cosmetic repairs. Others left town: The county’s student population is down 14 percent. And 7,800 residents are still considered homeless, county officials said. Several obstacles prevent their return to normalcy. Trailers from the Federal Emergency Management …

Brexit plan to increase vet inspectors

Brexit: What is the no-deal WTO option? If extra vets are needed, they are likely to be deployed at Dublin and Rosslare Ports, according to a statement sent to BBC News by Ireland’s Department of Agriculture, Food and the Marine. Depending on demand, veterinary inspectors may also be required to work at Shannon Airport or elsewhere, the statement adds. But the elephant in the room is whether inspectors could be posted at the Irish border – it’s a question no-one seems keen to answer. Northern Ireland’s Department of Agriculture says it has already recruited additional vets “to assist preparedness for EU exit scenarios” – but the UK government told BBC News: “There won’t be additional checks at on goods being …

The killer pills delivered via social media

Media playback is unsupported on your device Media captionAn investigation by BBC reveals drugs are being bought online and sent through the post More people in Scotland are dying from drugs than ever before and the deaths are hitting every part of the country. An investigation by BBC Scotland’s The Nine studied the record rise in one rural area – Dumfries and Galloway. Could the increase in drug-related deaths in south-west Scotland be down to a burgeoning black market trade in pills bought through social media? ‘I heard that she’d bought the tablets online’ Increasingly concerned, Marianne issued an appeal to her Facebook friends. Had anyone seen her daughter? Did they know where she was? Did they know anything at …