17 August, 2016 by The TZ Newswire Staff Comments Off on What Tesla Motors’ CFO Said About Boosting Gross Profit Margins
What Tesla Motors’ CFO Said About Boosting Gross Profit Margins
Sorting out production issues related to the Model X helped boost Tesla’s gross margin in the second quarter. Tesla’s CFO thinks there’s more room for improvement. Image source: Tesla Motors.
Tesla Motors (NASDAQ: TSLA) wasn’t profitable in the second quarter of 2016. The Silicon Valley carmaker posted a net loss of $293 million, or $2.09 per share, as it continues to spend big on development of its upcoming Model 3 sedan.
17 August, 2016 by The TZ Newswire Staff Comments Off on What Happens When Central Banks Become Major Buyers in the Stock Market? Case Study: Japan
What Happens When Central Banks Become Major Buyers in the Stock Market? Case Study: Japan
The Bank of Japan decided at its July 28–29 meeting to boost its purchases of exchange-traded funds (ETFs) to an annual rate of 6 trillion yen, almost double the previous rate of 3.3 trillion yen. The BOJ began its ETF purchasing in October 2010 at a much more modest…
17 August, 2016 by The TZ Newswire Staff Comments Off on Obamacare is unsustainable — the backbone could collapse, expert warns
Obamacare is unsustainable — the backbone could collapse, expert warns
One expert called for an overhaul of the Affordable Care Act, or many Americans could suffer.
17 August, 2016 by The TZ Newswire Staff Comments Off on Venezuela’s Oil Crisis Is Opening Old Wounds With Colombia
Venezuela’s Oil Crisis Is Opening Old Wounds With Colombia
Submitted by Zainab Calcuttawala via OilPrice.com,
Last week, Venezuelans lined up at their westerly border to visit Colombia for just a few hours and buy the essential everyday supplies once offered to them at low, subsidized prices by their prosperous socialist government.
17 August, 2016 by The TZ Newswire Staff Comments Off on US reportedly delayed cash payment to Iran until prisoners were released
US reportedly delayed cash payment to Iran until prisoners were released
New reports suggest that the United States did time its $400 million payment to Iran with the release of American prisoners.
17 August, 2016 by The TZ Newswire Staff Comments Off on U.S. athletes face Olympic tax bill for their medals
U.S. athletes face Olympic tax bill for their medals
Many of the country’s best athletes have given the U.S. big wins at this year’s Olympics, and the U.S.
17 August, 2016 by The TZ Newswire Staff Comments Off on What Does Prime Mean to Amazon.com
What Does Prime Mean to Amazon.com
Image source: Amazon.com.
Amazon.com (NASDAQ: AMZN) is easily the fastest-growing retailer in the country, as the company is on track this year to add more than $15 billion in retail sales in North America and more than $23 billion globally.