Tesla's Burning Through Nearly Half a Million Dollars Every Hour

Tesla's Burning Through Nearly Half a Million Dollars Every Hour

Over the past 12 months, the electric-car maker has been burning money at a clip of about $8,000 a minute (or $480,000 an hour), Bloomberg data
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raceAhead: #MeToo? Yes, You Too, Weinstein's Enablers and Sanctuary Cities Saved

Other examples are more sinister and egregious, as evidenced by this tour de force reporting on Harvey Weinstein's cronies from Fortune's Shawn
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PHH vs. CFPB: Cordray won't be around to see the outcome of the case

With Consumer Financial Protection Bureau Director Richard Cordray only a handful of days away from officially leaving his position, the director
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10 states with the highest mortgage closing costs

The national average for mortgage closing costs is $4,876, but some per-loan totals tracked at the state or local level can exceed five figures.
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Mortgage Financing for Less than Perfect Credit

Mortgage Solutions for Less Than Perfect Credit Have you been turned down for financing? Is your credit score less than perfect? Has a life-changing
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ABA Endorses AmeriHome's Secondary Mortgage Market Services

As more and more community banks choose to sell mortgage loans and servicing rights to the secondary market, the American Bankers Association
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US TV Station Ownership Cap to Be Raised in FCC Proposal, Source Says

Federal Communications Commission Chairman Ajit Pai said the agency will consider altering and possibly killing a national limit on TV station
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Keeping Charles Manson in Prison for 46 Years Cost Taxpayers Over $1 Million

… for driving up the cost of incarceration across America, as well, Aviram Hadar, a professor of law at the University of California-Hastings tells Fortune.
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Ashley seeks improvement in Staveley's near-£300m bid for Newcastle United

Mike Ashley and the potential buyers for Newcastle United are locked in … Ashley, after investing £134.4m in buying Newcastle a decade ago and pouring … heavily involved in Dubai International Capital's attempt to buy Liverpool a
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Citigroup Expands Deposits and Lending amid Higher Repurchases

Citigroup (C) reported 2.5% and 2.3% growth, respectively, in deposits and loans to $964.0 billion and $653.0 billion on September 30, 2017.
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Mugabe's Downfall Could Be Good Business for China

Former vice president Emmerson Mnangagwa, whose removal sparked last week's military intervention, is seen as more open to investment from
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Millennials Might Love This Part of the GOP Tax Plan — But Their Parents Will Hate It

If passed into law, The Tax Cuts and Jobs Act could cause markets to cool, housing values to dip—and, some real estate experts say, help millennials
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World's Oldest Leader Mugabe Ends His 37-Year Rule in Zimbabwe

Zimbabwe President Robert Mugabe has resigned, according to the nation's House of Assembly speaker Jacob Mudenda, Bloomberg News reports.
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Balance of Power: Putin Reaches for Prize with Syrian Victory

The last time Bashar al-Assad went to Russia, U.S.-backed rebels had the Syrian president on the run. Fast forward two years and it was a confident,
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LGI Homes Earnings Keep Soaring on Its Critical Target Market

It looks like someone forgot to tell LGI Homes' (NASDAQ: LGIH) management team that housing starts were down in the third quarter because the
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Eliminating Net Neutrality Rules Will Favor Carriers Over Internet Content Providers

Less than a year after taking control of the top federal telecom regulator, commissioners appointed by President Donald Trump are poised to eliminate
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Qatar index falls despite strong buying interests

Qatar Stock Exchange on Tuesday witnessed strong buying interests … Qatar National Cement, Gulf International Services, Qatari Investors Group and
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To Be an MLP or Not to Be, That Is the Question

Enterprise Products Partners LP is a bellwether for the master limited partnerships sector. Which is why this chart represents a fundamental problem
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Existing home sales hit highest pace since summer months

“It has been an eventful past couple months as the housing market has absorbed and bounced back from a string of deadly and destructive storms,” Zillow Chief Economist Svenja Gudell said. “But late-summer action aside, the housing market largely remains stuck in the same, predictable rut it has been
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Turnbull Cabinet discusses an about-face on holding a Royal Commission into Australia's banks

The Daily Telegraph has learned Prime Minister Malcolm Turnbull and his senior colleagues canvassed reversing the government's opposition to an inquiry into misconduct in the banking sector when Cabinet met in Canberra this week. The “despondent” mood in the Cabinet was that the dilemma on
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