This will be the first time in 40 years this has happened.
Ford's rejection of Michael Cohen offer prompts Mueller inquiry
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According to a report from the Wall Street Journal (sub. required), Michael Cohen, personal attorney to President Donald Trump, offered to provide consulting services to Ford. Reuters reports that Cohen touted his close connection to Trump, but his overture was quickly rejected before any specific fees were discussed, according to a person briefed on the…
Elon Musk: Tesla Model 3 dual-motor ordering opens next week
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In a sign that Tesla's Model 3 production continues to improve, CEO Elon Musk tweeted that the company will enable ordering of dual-motor versions of the sedan at the end of next week. Customers waiting for a Model 3 in performance or all-wheel-drive trim can find out how much the options will cost and put…
US Postal Service gets whacked with a $1.3 billion loss as it struggles to keep up with Amazon
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The US Postal Service reported a total net loss of $1.3 billion in the second quarter. The USPS posted a controllable loss of $656 million in the second quarter, compared with income of $12 million for the same period a year ago. This is an important number because it factors in expenses such as wage…
Elon Musk posted video of his Boring Company tunnels under LA, saying people can use them 'in a few months' for free
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Elon Musk posted a video from inside his prototype Boring Company tunnel under Los Angeles. Elon Musk on Thursday posted footage of a prototype vehicle tunnel bored underneath Los Angeles, saying it would be available for people to use in a matter of months.
Things are going from bad to worse at Victoria's Secret (LB)
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Business Insider/Mary Hanbury
The Trump administration wants to unwind child labor laws
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President Trump's Department of Labor is working to roll back protections for child laborers.
Ford F-150 production could be shut down — but that probably won't wreck 2018 sales (F)
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Ford may stop production of its best-selling and highly profitable F-150 pickup truck at two factories after a fire at a supplier. Fortunately for Ford, General Motors doesn’t yet have new pickups in the US markets, and Fiat Chrysler is just launching its F-150 competitor. A fire at a Ford supplier has put production of…
Curry "off the leash" in leading Warriors past Pelicans
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Stephen Curry is back doing everything with fire, flair and without fear after impatiently spending almost a month and a half on the sidelines. Curry played his most minutes since missing nearly six weeks with a knee injury, finishing with 28 points and helping the Golden State Warriors advance to the Western Conference finals for…
Trump proposes $15 billion spending cuts, targets children’s health program
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U.S. President Donald Trump will request a package of $15 billion in spending cuts from Congress on Tuesday, including some $7 billion (5.16 billion pounds) from the Children’s Health Insurance Program championed by Democrats, senior administration officials said on Monday. The proposal comes as the White House and conservative Republicans in the U.S. Congress were…
NBA Superstar Stephen Curry Inks Deal to Release His Own CryptoKitties
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NBA superstar Stephen Curry has inked a deal that will see him become the first celebrity to get the CryptoKitty treatment. The partnership, which was struck through Moji — Curry’s emoji app development company — will see the Golden State Warriors point guard release a series of three exclusive CryptoKitties modeled after his likeness. “Stephen
The Kentucky Derby is selling $1,000 mint juleps to support Jennifer Lawrence's charity, complete with the gold or silver cup of your choice
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The Kentucky Derby takes place on May 5 at Churchill Downs in Louisville, Kentucky. Mint julep cocktails at the Kentucky Derby will be served with a $1,000 price tag. The net proceeds of this expensive cocktail will go to the Jennifer Lawrence Arts Fund.