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Tesla gearing up for new Model 3 but struggling to meet production targets

Electric car firm misses its vehicle delivery target for the second consecutive quarter as it struggles to transform into a mainstream, high-volume manufacturer<p>Tesla Motors missed its vehicle delivery target for the second consecutive quarter and is on track to fall short of its annual target, …

Tesla’s autopilot helps get man to the hospital during medical emergency

Joshua Neally’s Tesla Model X didn’t exactly save his life when he started having severe chest pains, but it helped him get most of the way to a hospital<p>Joshua Neally’s brand-new Tesla Model X didn’t exactly save his life when he started having severe chest pains, but it helped him get most of the …

Tesla driver dies in first fatal crash while using autopilot mode

The autopilot sensors on the Model S failed to distinguish a white tractor-trailer crossing the highway against a bright sky<p>The first known death caused by a self-driving car was disclosed by Tesla Motors on Thursday, a development that is sure to cause consumers to second-guess the trust they put …

Elon Musk's self-driving evangelism masks risk of Tesla autopilot, experts say

Tesla’s ambitious futurism has earned it loyal fans – but after the death of a driver using autopilot, some say the company should be more explicit about limitations<p>Elon Musk’s rockets usually do not stray beyond Earth’s orbit, but that hasn’t stopped him from making promises about Mars. The Tesla …

Senate asks Tesla CEO Elon Musk to brief committee on fatal autopilot crash

Request signals increased scrutiny of automaker and comes as calls increase to disable the automatic steering function on its electric vehicles<p>The chairman of the US Senate committee that oversees auto safety issues wrote Tesla CEO Elon Musk on Thursday, asking the automaker to brief the committee …

Elon Musk Just Outlined Tesla's 'Master Plan' To Take On Uber

Elon Musk has always had grand plans for Tesla, disrupting the entire auto industry. Now he’s got his eyes on a younger rival: Uber.<p>On Wednesday, Musk released his second “Master Plan” for his upstart automaker Tesla. The plan is ambitious, with four goals that include integrating Tesla with …

Tesla

Elon Musk defends embattled autopilot feature in part two of Tesla 'master plan'

Plans include solar roofs, self-driving buses and merging with SolarCity Release comes amid investigation into fatal crash involving self-driving car<p>Tesla Motors CEO Elon Musk, who is facing intense scrutiny over a fatal crash involving one of his self-driving cars, has released an ambitious new …

Elon Musk: the new It Boy of Silicon Valley

Entrepreneur, PayPal founder, workaholic and racer into space, he is about to launch his luxury electric car, already a hit with the California set, in Britain. Will it make the breakthrough here?<p>When Hollywood wanted to bring to life Tony Stark, the comic-book engineering prodigy who grew up to be …

We economists must face the plain truth that the referendum showed our failings - Institute For Fiscal Studies

A bit of introspection seems to be called for in these torrid days. People will be looking at what they did and why in the referendum, why we had it …

Economics

Negative Rates Around the World: How One Danish Couple Gets Paid Interest on Their Mortgage

In Denmark and Sweden, savings accounts pay nothing and real estate is booming<p>AALBORG, Denmark—Hans Peter Christensen got some unusual news when he opened his most recent mortgage statement. His quarterly interest payment was negative 249 Danish kroner.<p>Instead of paying interest on the loan he got …

Economics

What’s the problem with protectionism?

When the economy is in a liquidity trap, normal macroeconomic logic goes out the window, but this doesn’t make it good foreign policy<p>One thing is now certain about the upcoming presidential election in the United States: the next president will not be a committed free trader. The presumptive …

What’s the Problem With Protectionism?

Economists are all but unanimous in arguing that the macroeconomic effects of US presidential candidate Donald Trump’s trade proposals would be …

Economics

Bank of England chief economist calls for big post-Brexit stimulus

Andy Haldane urges quick and decisive response to UK economic uncertainty including rate cut, more QE and cheap loans<p>The Bank of England’s chief economist has called for a big package of measures to support the UK’s post-Brexit economy, stressing the need for a prompt and robust response to the …

Making things matters. This is what Britain forgot

The neglect of manufacturing and over-development of the financial sector is the cause of the economy’s decline, not fear of leaving the EU<p>It’s being blamed on the Brexit jitters. But the weakness in the UK economy that the latest figures reveal is actually a symptom of a much deeper malaise. …

The inside story of Facebook’s biggest setback

The social network had a grand plan to connect millions of Indians to the internet. Here’s how it all went wrong<p>Until Mark Zuckerberg arrived in a bright orange helicopter in October 2014, Chandauli had never seen a celebrity visitor. One of 44,795 villages in the state of Rajasthan, Chandauli is …

How Uber conquered London

To understand how the $60bn company is taking over the world, you need to stop thinking about cars<p>Every week in London, 30,000 people download Uber to their phones and order a car for the first time. The technology company, which is worth $60bn, calls this moment “conversion”. Uber has deployed its …

The new era of monopoly is here

Today’s markets are characterised by the persistence of high monopoly profits<p>For 200 years, there have been two schools of thought about what determines the distribution of income – and how the economy functions. One, emanating from Adam Smith and 19th-century liberal economists, focuses on …

Jeff Bezos: I’ve made billions of dollars of failures at Amazon

Amazon CEO admits that failures have cost the company dear but experimentation like the Fire Phone is key to survival<p>Amazon’s chief executive, Jeff Bezos, has admitted that he has made billions of dollars of failures on experiments, including the failed Fire Phone.<p>Bezos said that embracing failures …

Black Monday: Starbucks staff told to be nicer to stressed customers

Baristas are urged to 'recognise' anxious behaviour and 'be sensitive' to what customers are feeling after markets crash<p>Starbucks has told its staff to be nicer to customers who could be feeling stressed after global stock markets slumped on Monday.<p>The coffee giant's chief executive told baristas …

Starbucks to Offer Wines, Craft Beer to 2000 Stores in Five Years

(Photo : Justin Sullivan | Getty Images News)<p>U.S. coffee house chain Starbucks Corp. is introducing wines, craft beer and small dinner dishes to more …

Los Angeles

KFC's new chicken bucket is also a Bluetooth photo printer

Yes, this is real<p>Global poultry syndicate KFC is celebrating its 60th anniversary of operation in Canada, and it's introducing a special new chicken bucket to celebrate. The Memories Bucket is no mere cardboard cutout — it's <i>also</i> a Bluetooth photo printer, one that can interface with your phone and …

KFC Hygiene: Chain Fined Over Live Beetles And Flies In UK, Over $5,000 To Pay For Food Safety Mishap

Months after that so-called Kentucky Fried Chicken rat became viral and then ended up being a hoax, there's a new KFC hygiene concern, this time in …

KFC has another new colonel

KFC has entered the next phase in their resurrection of their brand icon and founder Colonel Sanders by replacing him with a newer colonel.<p>In a new …

USPS and Amazon.com, Inc. (NASDAQ:AMZN) Now Delivering Packages On Sundays

If you shop regularly at Amazon.com, Inc. (NASDAQ:AMZN), you might get your packages a little earlier and on a day we don’t usually get them.<p>The …

eCommerce

A Top Amazon Executive Just Departed for the Second Time in a Year

Jon McCormack, the chief technology officer of Amazon's hardware devices unit, has joined Google.<p>Will the second time be the charm?<p>Jon McCormack, the chief technology officer of the Amazon unit that makes devices such as the Kindle and Fire TV, has left the company for the second time in less than …

Kindle

Plastikman - EX (Full Album)

Raf Simons