The Trump administration has decided to end negotiations with California over plans to roll back fuel economy rules, a government official confirmed on Wednesday. The California Air Resources Board has been meeting with officials from the White House, U.S. Environmental Protection Agency and federal Transportation Department over Trump administration efforts to stop California from tightening vehicle emissions rules in the state.
CVS Health is setting 2019 earnings expectations well below Wall Street forecasts, as the company struggles to fix part of its business while blending in a major acquisition and attempting to change how customers use its stores.
Legendary Fortnite player Richard Tyler “Ninja” Blevins has much to celebrate. In 2018, the gamer and wildly popular Twitch streamer told CNN he earned close to $10 million. Other reports indicate that Ninja makes more than $500,000 per month in sponsorship and ad revenues stemming from the size of his massive viewer base. But how would Ninja fare if his sponsors knew that his reach was actually millions of fans smaller than they think? Study: Ninja Has 4 Million Duplicate Followers Last week, Mobcrush and CreatorIQ (CIQ) – companies that work to enable monetization options for creators – unveiled this blockbuster
Sweden's Volvo Cars issued a bond worth 2 billion Swedish crowns ($214.65 million), it said on Wednesday, just five months after the Chinese-owned carmaker terminated plans to list itself blaming trade tensions and a downturn in automotive stocks. The funds from the bond sale add to Volvo's coffers at a time when carmakers need cash to develop electric and driverless cars and also face mounting costs from a prolonged U.S.-China trade war and slowdown in large auto markets China and Europe. Volvo, which is developing Polestar as an electrified performance brand and owns a stake in Chinese owner Geely's stablemate Lynk & Co, has repeatedly said it will finance electric and autonomous vehicle development from existing cash flows.
The router market is a war zone.Each brand has infinite models, and trying to compare devices with 10-digit long names and four antennas gets old fast. There's a much simpler way, guys:Google WiFi. That's it. That's the name.Arguably the prettiest setup on the market, the Google WiFi system offers the ease that you thought was impossibleThree packs are on sale for $60 off at Amazon today -- grab one and see what you've been missing.SEE ALSO: Get a free Google Home Mini or Amazon Echo Dot when you buy select Tile trackers at Best BuyGoogle WiFi replaces your old, shitty router system and syncs with your modem and ISP to create a mesh network. First used in large-scale operations like hospitals, military bases, and even in the aftermath of hurricanes when the internet was down, mesh systems work on radio signals and ride on the connection of their sister devices to amp each other up. Read more...More about Google, Internet, Wifi, Google Home, and Routers
Almost all the independent producers have reduced their budgets for 2019, but many still expect to deliver double-digit growth in production this year, fourth-quarter earnings reports show. The tumble in oil prices at the end of 2018, combined with investor demands for fiscal discipline, has prompted most shale executives to only invest what they earn in cash flow, ending years of debt-fueled growth. On average, U.S. explorers have cut their capital budgets 4 percent but are predicting a 7 percent increase in production, according to RS Energy Group, a Calgary-based researcher.
Zimbabwe’s central bank on Wednesday said it was introducing a new interbank foreign exchange system effectively devaluing its quasi-currency which was officially pegged at par with the US dollar. "We have provided a formal way of trading in foreign currency," reserve bank of Zimbabwe governor John Mangudya said in announcing new monetary policy measures aimed at addressing a perennial foreign currency crunch. The local bond -– a quasi-currency introduced two years ago to address cash shortages -– will be a tradable domestic currency alongside the greenback, South African rand and a host of other foreign currencies adopted in 2009 after hyperinflation rendered the local Zimbabwe dollar unusable.
Mining giant Glencore pledged Wednesday to limit coal production and instead prioritise investment in other commodities as part of a move towards cleaner energy and transportation. "To meet the growing needs of a lower carbon economy, Glencore aims to prioritise its capital investment to grow production of commodities essential to the energy and mobility transition and to limit its coal production capacity broadly to current levels," a company statement said. In 2018, coal generated $12.3 billion (10.9 billion euros) in sales for the Swiss-based group, a jump of 26 percent as Glencore raised output by seven percent via Australian acquisitions.
The Galaxy S10 isn't real until it's in stores.Although the Samsung Galaxy S10 comes out in just a few weeks, you can still save on the tech company's previous generation right now. Amazon has the Samsung Galaxy S9 on sale for $599.50, or $120.49 off its retail price.SEE ALSO: What to expect from Samsung's Galaxy S10 event on Feb. 20The S9 is still one of the best smartphones Samsung has released in the last 10 years with its 5.8-inch edge-to-edge and nearly bezel-free "Infinity Display," which is built for immersive entertainment experiences. It also features Dolby Atmos support to completely lose yourself in your favorite movies and TV shows on-the-go with up to an impressive 10 hours of battery life. Read more...More about Mashable Shopping, Shopping Amazon, Shopping Solo, Samsung Galaxy S9, and Tech
The U.S embassy and Telecom Italia declined to comment when asked if the visit was related to U.S. demands that its European allies do not use technology supplied by China's Huawei International. Huawei, the world's biggest producer of telecoms equipment, faces international scrutiny over its ties with the Chinese government and suspicion Beijing could use its technology for spying -- something the company has denied. Eisenberg saw TIM's chief "as part of (his) ongoing outreach with Italian and U.S private sector leaders," the U.S. embassy said on Twitter, adding that the meeting had been "pleasant".