Elon Musk: Tesla already fixed Model S problems cited by Consumer Reports
• CNN MoneyMusk said in a tweet that the problems cited by the magazine were mostly caused by issues with earlier versions of the car, not the version now in showrooms.
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Business/ Commerce
United, in turmoil, reports drop in revenue (VIDEO)
• CNN MoneyUnited Continental has hit another rough patch...The airline said Thursday that sales in the third quarter were down from a year ago and profits missed forecasts.
Finally! McDonald's is back (VIDEO)
• CNN MoneyMost impressively, McDonald's returned to domestic growth during the third quarter without any help from all-day breakfast, which didn't launch until early October.
Carl Icahn Will Launch a $150 Million Super PAC
• WiredCarl Icahn--one of the most feared activist investors in tech--is coming for Congress.
UK Ignores Barbaric Death & Torture To Become Saudi Arabia's Largest Arms Supplier
• Zero HedgeWhile increasing cries from the West demand an end to all association with Saudi Arabia, the U.K. government described lucrative public contracts with the notorious human rights abuser as a "priority market."
t0.com Completes Successful Production Beta Test of its Crypto Exchange Platform
• Bitcoin Magazine"We have started building things that replace what Wall Street does," said Byrne. "It does them far cheaper, and with far more transparency, and without any of the opportunity for rigging."
McDonald's Franchisees Say That The Business Is In Its "Final days"
• True ActivistIn recent months, we have been paying close attention to how McDonalds and other popular junk food brands are falling out of favor as people become more conscious about their diets. GMO food in general is also quickly losing trust among consumers.
McDonald's franchisees say the brand is in a 'deep depression' and 'facing its final
• http://www.businessinsider.com, Hayley PetersonMcDonald's franchisees believe the brand is in a "deep depression" and could be facing its "final days," according to a new survey. McDonald's franchisees believe the brand is in a "deep depression" and could be facing its "final days," according to
Louisiana bans using cash in sales of second-hand goods
• http://www.rawstory.com,In a new law that could put every trading post, Goodwill, flea market, garage sale and Craigslist merchant in the state of Louisiana out of business, a bipartisan group of elected representatives has opted to ban all cash payments for the buying and
These 16 companies control almost everything you buy
• http://www.businessinsider.com, Marina NazarioPowerful companies create brands and products that we might not know are theirs.
The Future of Flight
• https://www.youtube.comPlanes will change a lot in the next 50 years. This is look at the developments in airplane technology that are likely in the future of aviation.
UberRUSH:...
• http://globaleconomicanalysis.blogspot.com,Uber's Next Logistics Move - UberRUSH
Estonia's E-Residency Program Is Growing Three Times Faster than Predicted
• motherboard.vice.comThe small EU country of Estonia is experiencing a boom in e-immigration, with an online residency program launched in December growing more quickly than anticipated.
Global Financial Meltdown Coming?
• theeconomiccollapseblog.comClear Signs That The Great Derivatives Crisis Has Now Begun
The US Supreme Court could ruin Elon Musk's plan for Tesla
• http://www.businessinsider.com, Seth BlumstackOn April 30, Tesla's Elon Musk took the stage in California to introduce the company's Powerwall battery energy-storage system, which he hopes will revolutionize the dormant market for household and utility-scale batteries.
Toyota to Phase Out Gas-Powered Vehicles, Doubling Down on Hydrogen
• http://popularliberty.com, I AM WALDOToyota Motor Co. wants to virtually eliminate gasoline-powered vehicles from its fleet by 2050, and is betting that hydrogen cars, rather than electric vehicles, will be the long-term answer.
Wal-Mart Shares Plunge 10 Percent;...
• http://globaleconomicanalysis.blogspot.com,Wal-Mart Shares plunged 10% Wednesday on profit warnings, the biggest one day decline in 25 years. The company blamed higher wages, e-commerce competition, and lower prices.
The Untold Story of Silk Road, Part 2: The Fall
• http://www.wired.comBy 2012, Ross Ulbricht's online drug bazaar had grown into a woldwide empire. In the conclusion of our exclusive account, The Feds are closing in.
Clearbanc Is a New Service for Helping Uber Drivers Get Paid
• http://motherboard.vice.comAnyone who's ever freelanced knows the biggest headache of being your own boss is trying to get paid.
Netflix Blames Chip-Based Credit Cards for U.S. Growth Shortfall
• http://www.bloomberg.comNetflix Inc., the top-performing stock in the Standard & Poor's 500 index this year, fell as much as 7.4 percent after saying the introduction of new chip-based credit cards cut off some customers, leading to lower-than-estimated U.S. subscriber gr
A Third Of All Containers Shipped From Long Beach Port Are Empty
• http://www.zerohedge.comIn the past several months, it has been virtually impossible to make any sense of the conflicting trends involving US and global trade. On one hand, there is global trade, which as we have covered since the spring, has been in a state of consistent d
The end of tipping in New York? Top restaurant group bans gratuities
• The GuardianAnd number of popular restaurants in the city will institute a no gratuities policy, although the news has been met with a mixed reaction
WTI Crude Plunges Back To $45 Handle After API Reports Biggest Inventory Build In 6 Months
• http://www.zerohedge.comFor the first time in 5 months, API has reported a third weekly inventory build in crude oil in a row. API reported a stunning 9.3 milion barrel build (against expectations of a 1.8 mm build) with Cushing rising 1.4mm barrels!
"A Generation In Crisis" - The World Needs 5 Million Jobs/Month To Stymie Youth Extremism
• http://www.zerohedge.comAs The World Bank notes, Unemployment in any form is a drag on an economy and society.
Journalists Allegedly Broke into a Tesla Factory, Hit Employees With Their Car
• http://motherboard.vice.com, by JASON KOEBLERTesla is racing to open the Gigafactory, a massive battery production facility designed to drive down the price of electric cars. Understandably, there's lots of interest in the facility, which is under construction in the outskirts of Reno.
Wal-Mart Tumbles Most in 15 Years After Predicting Profit Slump (VIDEO)
• http://www.bloomberg.comWal-Mart Stores Inc. suffered its worst stock decline in more than 15 years after predicting a drop in annual profit, underscoring the giant retailer's struggles to reignite growth.
We called Martin Shkreli and asked him point blank about the drug-price scandal...
• http://www.businessinsider.com, Lydia RamseyWe called Martin Shkreli and asked him point blank about the drug-price scandal -- here's what he said
Bond guru Bill Gross has called out all the hedge funds that are closing
• http://www.businessinsider.com, Julia La RocheBond guru Bill Gross of Janus Capital has become the latest figure from the world of finance to slam the hedge fund industry.
Attack of the Chinese Tesla Clones
• WiredIf there's one place you can knock the Tesla Model S, a car so good it "broke" Consumer Reports' rating system, it's cost.
Hundreds of Thousands March in Berlin Against TTIP Trade Deal
• http://www.trueactivist.comTTIP, activists fear, would erode labor and environmental standards.
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