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BNY Mellon beats Q3 estimates but shares fall

BNY Mellon beats Q3 estimates but shares fall

Bank of New York Mellon Corp.(NYSE: BK)reported its third quarter earnings and beat estimates in both revenue and earnings, but the bank’s shares fell over 4 percent by midday on Thursday.The bank reported earnings of $983 million or $0.94 per..

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..

Blue Origin Taking Tourists Into Space Early by 2019

Blue Origin Taking Tourists Into Space Early by 2019

Blue Origin, founded by Jeff Bezos, CEO of Amazon.com Inc. (NASDAQ: AMZN), has updated its new timeline at the National Space Council on Thursday. Blue Origin now says that it will be taking tourists into space within 18 months or by April 2019.Rob ..

Elon Musk says Tesla can help restore power in Puerto Rico

Elon Musk says Tesla can help restore power in Puerto Rico

After the catastrophic category five Hurricane Maria ripped through Puerto Rico, millions of residents were left without power. Even weeks after, approximately only 10 percent of residents have power, according to Puerto Rico’s government stat..

Elon Musk Predicts Mars Colonization by 2024

Elon Musk Predicts Mars Colonization by 2024

Elon Musk, founder of SpaceX, presented his new updated plan for the colonization of Mars at The International Astronautical Congress in Adelaide, Australia on Friday. But he said that the biggest problem for the company would be the expenses."..

Uber CEO Apologizes to London; Working on improvements

Uber CEO Apologizes to London; Working on improvements

Last Friday, Uber Technologies Inc. was stripped of its license to operate in the city of London due to the officials deeming the ride hailing service unsafe as well as practicing unregulated business activity. Uber said it would appeal the decision..

As CEOs Resign From White House' Business Council, the President Shuts it Down

As CEOs Resign From White House' Business Council, the President Shuts it Down

In the recent events of that occurred in Charlottesville, VA and President Trump’s response to the events has led to several CEOs in the White House' business council to resign. Major CEOs from companies such as Merck & Co. (NYSE: MRK)..