Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Some White House officials expect the Cabinet secretary, who has known the president for years, to depart as soon as this summer.Politicsread more
Boeing met with aircraft leasing firms and financiers in New York as the grounding of its popular 737 Max planes drags on with no clear timeline for getting the planes back in...Aerospace & Defenseread more
Both companies report earnings on Aug. 8, so the CBS and Viacom boards have set that as a natural deadline to agree to a merger. Price won't be discussed by the companies...Technologyread more
The Food and Drug Administration "stands ready" to start reviewing e-cigarettes amid a teen vaping "epidemic," acting Commissioner Ned Sharpless said Monday in a statement.Health and Scienceread more
US oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the US offshore drilling...Energyread more
The Guggenheim CIO says he had been approached by the White House about possibly joining the Federal Reserve.The Fedread more
Tesla plans a "family night" screening of Pixar's "Cars 3" at its sprawling battery plant in Sparks, Nevada, this weekend, a gesture to thank employees and their loved ones for all their long hours and hard work. The movie will be projected on the side of the factory, and there will be food trucks and other attractions as well.
The electric vehicle maker is expected to report its latest vehicle production and deliveries numbers this week. In the second quarter of 2018, Tesla said it produced 53,339 vehicles most of which were its newest offering, the Model 3 electric sedan.
The company said it had churned out 5,000 Model 3s in a single week for the first time in July. In its second quarter earnings update, Tesla forecast that it would produce a total of 50,000 to 55,000 Model 3s in the third quarter of 2018. It also predicted it would make 6,000 per week by the end of August ,and 10,000 Model per week next year.
Tesla typically enlists all hands to work on vehicle production and delivery bursts towards the end of each quarter in order to hit the audacious goals set forth by CEO Elon Musk. Its burst rates are not representative of the rate at which it can consistently make car batteries or electric vehicles, however.
Events like family night — or the free-for-employees Jack White concert that Tesla recently hosted at its Fremont, California, car plant — are meant to reward and help keep employees motivated.
Last year, Tesla hosted a "family day" for Gigafactory employees which included a waterpark outing and games paid for by the company. One worker said that this year's invitation was a nice gesture, but not quite as appealing for families because the event will be located at work, at night, and require them to tote along their own chairs and blankets.
The invitation sent to employees said:
"In recognition of your hard work of the last year, we would like to celebrate with you.
Join us for movie night-- Pixar's Cars 3 will be projected on the side of the Gigafactory, along with food trucks for dinner, bouncy houses for the kids, and concessions.
This is all free of charge for you and your family as our way of saying thanks.
Please pick one of two nights (Starting 7:00 pm: Saturday, October 6th or Sunday, October 7th) and RSVP by the link below. Bring blankets or chairs to get comfortable for the movie. Looking forward to seeing you there! "