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via TheWorldNewsOrgWorld News

via TheWorldNewsOrgWorld News

A tropical storm that killed at least 22 people in Central America is now forecast to strengthen into a hurricane over the weekend before roaring ashore in New Orleans. Hurricane watches and warnings were already in effect for coastal areas of four southeastern U.S. states, including metropolitan New Orleans, according to the National Hurricane Center. Tropical storm warnings have extended into central Alabama, Mississippi, northern Georgia -- including Atlanta -- and the western panhandle of Florida. Louisiana Gov. John Bel Edwards declared a state of emergency on Thursday as the state braces for a direct hit. Edwards mobilized 1,300 National Guard troops, with…

In light of the more serious developments taking place across the world these days comes a much needed and light-hearted video that shows a Tesla Model X poking a little fun at the always-flashy Lamborghini. The video, shot on a famed shopping street in Amsterdam, captures a Lamborghini Gallardo Superleggera confidently reversing into a parking space that’s nestled between Tesla’s Falcon-winged SUV and another vehicle. As the Italian exotic backs into the prime parking space in front of luxury boutique Chanel, the chant of Wizards in Winter is heard coming from the Model X. Windows down, lights flashing and seemingly ‘congratulating’ the Lambo’s victorious parking job wi…

@James Thomas Rook Jr. should like this one.

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Tesla has delayed the unveiling date for its Semi-truck from Thursday, October 26 to Thursday, November 16. CEO Elon Musk took to twitter to explain that the reason for the postponement is so that the company can focus on fixing Model 3 bottlenecks, but also ramp up battery production for hurricane-devastated Puerto Rico and other affected hours. The post Tesla delays Semi-truck event to Nov. 16, shifts focus to Model 3 production bottlenecks appeared first on TESLARATI.com. Via

While competition can be positive and sportsmanship does exist, sometimes we forget the bigger meaning of athletics and the opportunity it can provide each of us to excel as individuals. Sometimes we need to put aside our bravado and competitive nature for a higher good. Here’s a kid named Mitchell who has been a huge basketball fan since a kid. He helps out on the team and is the coach’s favorite right hand man. Mitchell is also special needs. In a surprise move, Mitchell gets the word from his coach to suit on up and get in the game. It was the end of the season, the last game, and it was time to allow those who don’t always get the opportunity to excel, to be given…

Director of autonomous vehicle integration for General Motors, Scott Miller, thinks Tesla’s goal to build a self-driving vehicle that meets SAE’s criteria for a fully autonomous Level 5 car is not physically possible when using Autopilot hardware. “The level of technology and knowing what it takes to do the mission, to say you can be a full level five with just cameras and radars is not physically possible,” said Miller in speaking to the Australian press about Tesla CEO Elon Musk’s goal to produce a full self-driving vehicle using Autopilot technology. “The mission” that Miller is speaking about is Musk’s plan to demonstrate a cross-country drive from Californi…

As Tesla continues to aid hurricane-battered Puerto Rico in relief efforts, CEO Elon Musk responded to a tweet which suggested that Tesla could fortify the island’s electricity grid using solar and battery packs. “The Tesla team has done this for many smaller islands around the world, but there is no scalability limit, so it can be done for Puerto Rico too.” said Musk, in reference to Tesla’s involvement in off-grid energy solutions using the company’s commercial Powerpack battery system and solar panels. “Such a decision would be in the hands of the PR govt, PUC, any commercial stakeholders and, most importantly, the people of PR.” adds Musk. In response, Puerto Rico G…

The shipping industry is developing a case of the Amazon creeps. UPS and FedEx shares dropped after reports surfaced of a new Amazon delivery service, “Seller Flex.” Currently, third-party merchants on Amazon are responsible for choosing a logistics provider (like UPS, FedEx, etc.). But Amazon’s new service replaces that burden with end-to-end logistics from merchant to customer. It assured its delivery compadres like UPS they’d still play a role in the process…but of course, that did little to comfort investors.

Constellation Brands (U.S. distributor of Corona and Modelo beers) saw a 13% sales increase.

The U.S. International Trade Commission ruled in favor of Whirlpool in its case for import protection.

A new study showed that the highest-paid CEOs are not the best performers.

Catalonia’s quest for independence from Spain is putting the region’s biggest banks in a sticky situation. So some are getting out. Banco Sabadell, Catalonia’s second-largest lender, will move its HQ out of Barcelona in search of greater stability. A departure from Spain would create uncertainty about Sabadell and other players’ positions within the EU regulatory system. That’s a scary thought for depositors, and even worse for compliance departments. 900 miles to the north, London is feeling the pinch from Brexit. Goldman Sachs is following other global banks on a one-way flight to Frankfurt (but not on Monarch Airlines). It just leased 10,000 m2 in Germany’s …

TransCanada waved goodbye to a proposed $15.7 billion pipeline project in eastern Canada, citing regulatory delays (oh yeah, and oil halving to $50 a barrel in 2014). The Energy East Pipeline would have impressed even the most finicky plumber, carrying 1.1 million barrels of crude per day from the Western CA tar sands to refineries near the Atlantic coast. Pipeline proponents (Conservative politicians, for one) argued the project would have created thousands of construction jobs and boosted exports. But environmental groups and Indigenous leaders are popping champagne over the news. They’ve raised concerns over the pipeline’s impact on climate change and the pot…

Merlin Entertainment, the owner of Legoland parks and Madame Tussauds wax museums, approached SeaWorld for a potential deal. SeaWorld’s (-6.52%) been jumping through hoops to attract potential buyers. That’s because Blackfish, a 2013 documentary that exposed unethical treatment of its marine life, is still crushing demand for the oversized aquarium. Two years ago, profits collapsed 84%, and shares are down 25% just this year. Of course, Merlin isn’t looking to dip its beard into nautical nightmares. It is, however, tempted by SeaWorld’s theme parks of a more terrestrial variety…like Busch Gardens. And hey, maybe souped-up rollercoasters can hedge against declini…

After one too many unpleasant Uber rides, the two largest aircraft manufacturers, Boeing (#1) and Airbus (#2), took concrete steps forward to introduce air taxis on the same day (coincidence? We think not.) Let’s start with Boeing. (+1.22%) It’s planning to purchase Aurora Flight Sciences, a futuristic unmanned systems company (that makes two such acquisitions in less than a year). Aurora’s 550-person team is proof that autonomous tech doesn’t just apply to cars—it’s been working on self-flyingapplications for both the U.S. government and Uber. Then there’s Airbus, (-0.41%) which is set to test its first air taxi flight by 2018. The Jetsons-era helicopter is no…

The last several months have been busy in the electric vehicle revolution. Governments have been announcing their phase out plans for petrol vehicles and automakers have committed billions of dollars to electrification programs. At this point automakers are practically falling over each other racing to get out their announcements. How many electric vehicles they’re developing, how much they’re investing, are they going fully electrified, and when. Suddenly no one wants to be perceived as falling behind in this revolution. And why should they? Nokia and Blackberry can attest to what happens if you do. In the past, established automakers have been very cautious with e…

The Declaration of Independance was written on hemp paper

WHAT A BIG DIFFERENCE !

Save the Children CEO on Rohingya crisis: 'Children are being shot at' Â

Earlier this year, the White House announced plans to reestablish the National Space Council (NSC), an advising body that dates back to the creation of NASA in 1958. The council convened for the first time on October 5 and invited several central figures in US spaceflight, including SpaceX’s President and COO Gwynne Shotwell. In a brief but powerful speech to the Council, Shotwell urged the US Federal government to apply the lessons learned from NASA’s successful private-public partnerships to efforts to expand human presence in Low Earth Orbit and beyond. Those successful partnerships include NASA COTS (Commercial Orbital Transportation Services), which funded SpaceX to…

The reason I cannot watch network news anymore is that they are obsessed over whether Secretary of State Tillerson called Trump a moron or not. It is a huge story. Yesterday, Tillerson called a news conference. They carried on and on about how unusual it was for a Secretary of State to do such a thing. He called it mostly to scold them, yet they were too stupid to realize it. Despite media reports that the two do nothing but squabble and that he has had it up to here with the President's dumb ways, Tillerson said he has never even once thought about quitting, that he and the President get along just fine, that he regards him as smart and demanding of results, that he…

Tesla drag racing fanatic behind the Tesla Racing Channel on YouTube has set a new 1/4 mile record in their stripped-down Model S P100D. The always-Ludicrous crew known to troll the streets for a good ol’ fashioned head-to-head battle of acceleration has spent the past month dropping weight on their Model S. The end result was a weight reduction of nearly 500 lbs (220 kg) from its factory 4,941 lbs weight and a record-setting 1/4 mile blast at 10.41 seconds at 125.12 mph. This beats their previously held record at 10.44 seconds. Tesla CEO Elon Musk had acknowledged that simple weight reduction techniques is a contributing factor to better acceleration. As to whether t…

On the heels of Amazon and Apple’s product extravaganzas, Google unveiled new hardware of its own. We’ve got the highlights: Smart Speakers Introducing the Home Max, with improved sound quality and, yes, it’s bigger than the original. Of course, it runs on the voice-activated Assistant platform (Google’s clever name for its home assistant). But if you’re into something more byte-sized, check out the new Home Mini, a competitor to Amazon’s Echo Dot. Expect more product differentiation from Google as it tries to claw away at Amazon’s huge lead in the smart speaker market (75-80% market share). Smartphones Following up on last year’s introduction of the O…

With any good sugar high there’s always a crash—PepsiCo’s (+0.19%) North America business reported quarterly sales ($5.3 billion) down 3% and profit down 10%. The reason? It didn’t spend nearly enough time (or $$) promoting Pepsi and Mountain Dew. That’s because Pepsi’s been chasing consumers’ preferences for healthier options. The dynamic low-sugar duo of its LIFEWTR and sparkling lemonade brands took center stage over the company’s flagship sodas. And it wasn’t wrong to make the switch—U.S. soda demand has fallen about 1% each of the last three years. But this quarter’s poor performance reminded Pepsi: don’t neglect brands that account for 12% of your revenu…

President Trump sent Puerto Rican bonds ducking for cover when he suggested he might “wipe out” the U.S. territory’s $73 billion in debt. And while that would alleviate the devastated island’s battered balance sheet, this would spell trouble for its investors. No surprise that prices on PR’s 2035 general obligation (GO) bonds slid to a record low of 30.25 cents on the dollar from 44 cents the day before. Two questions we have about Trump’s remarks: 1) If he is serious, could he do this? and 2) What are the chances it’ll happen? 1) Trump can’t wave his hand and make over $70 billion in debt disappear…he’ll need help from bankruptcy courts. 2) Mick Mu…

Travis Kalanick, who resigned as Uber’s CEO three months ago, appointed two new directors to the ride-hailer’s board: former Xerox CEO Ursula Burns and former CEO of CIT Group John Thain. Forget soap operas—Uber’s the biggest drama around. On Thursday, Uber proposed restructuring the board to give Khosrowshahi control over more seats, while stripping board control away from Kalanick (h/t NYT). So what did Travis do? He unleashed a preemptive strike on Friday by giving the two open board seats to a pair of his cronies. And remember, these are the same board seats that are the subjects of a lawsuitfrom Benchmark Capital, an early Uber investor and now mortal ene…