ARCH Coal Filed For Bankruptcy In 2015 we already published that ARCH Coal had to accomplish a large payment of a debt by December 2015. However, they opted to defer payment to mid-January 2016. The goal here was to buy some time with the holders of debt. We asked our sources which are the reasons … Read more
The tech giant has moved ahead in the scheme of sorting out the correct molecule for the treatment of Zika virus Zika virus has gradually covered the whole globe in its epidemic, increasing the threat day-by-day. After its inception in Brazil last year, it has now shown its presence in a majority of the countries. … Read more
Lunar Express making strides to win Google Inc Lunar Xprize A recent start-up, known as the Moon Express, plans to commence mining activities on the moon. They plan to dig out precious materials to help life here on earth. According to the mission statement on their website –“WE ARE BLAZING A TRAIL TO THE MOON … Read more
Citigroup Ranks Itself Up In Commodity Trading Amid Declining Commodity Prices Citigroup ranks itself up in commodity trading amid declining commodity prices. Citigroup Inc. (NYSE:C) has proudly announced to bank on trading raw materials, as opposed to peers that have been hesitant amid declining commodity prices. The bank’s gross profit from commodity trading increased 50% year-over-year (YoY) … Read more
GM’s Chevy Bolt Just when Tesla Motors’ most anticipated event is drawing near, General Motors is also flexing its muscle with the pre-production of Chevrolet BoltThere is developing news related to a mass-market electric car and it is not related to Tesla Motors Inc. (NASDAQ:TSLA). It is hard for any non-Tesla related electric vehicle (EV) … Read more
GoPro Inc (NASDAQ:GPRO) made a couple of disappointing announcements yesterday that wreaked havoc for its stock. The shares nosedived 25% in after-hours trading after news emerged that the company will slash roughly 7% of its workforce on the back of disappointing holiday sales. Furthermore, the management also provided revenue guidance for the fourth quarter, which … Read more
Facebook And The “Login Approval” Facebook places extra security measures to better protect its users. From now on Facebook Inc (NASDAQ:FB) will now notify its users if they have been a victim of a state-sponsored attack. That is if the network believes a user’s account has either been targeted or already been hacked by state-sponsored … Read more
Tesla Autopilot Reduces Accidents Probability Tesla Motors is a step closer to the mainstream introduction of its autopilot feature Tesla Motors Inc. (NASDAQ:TSLA) is touting its high-tech autopilot feature that allows Tesla owners to ride the vehicle hands-free. According to Elon Musk, the probability of accidents while the autopilot mode is reduced by half which … Read more
SolarCity Corp Offers Tesla Motors Inc Powerwall Battery For $5,000 SolarCity offers Tesla Motors 10 kWh Powerwall for $5,000, installation set to begin from October SolarCity Corporation (NASDAQ:SCTY) announced on May 01 to offer Tesla Motors Inc’s (NASDAQ:TSLA) newly released solar energy storage home battery unit, Powerwall. The company will be offering Tesla Powerwall, 10 … Read more
Volkswagen AG (ADR) 2014 Reports To Have Lowest Death And Injury Claims Volkswagen’s number of death and injury claims over last decade is well below industry average Volkswagen AG (ADR) (OTCMKTS:VLKAY) reported the lowest death and injury claims, compared to any major US automaker over past 10 years. According to Bloomberg, the company’s reported rate was nine … Read more
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