• Key events raising tensions in the Persian Gulf
    World
    Associated Press

    Key events raising tensions in the Persian Gulf

    Tensions between the United States and Iran have soared in recent weeks, with Washington dispatching warships and bombers to the Persian Gulf, and Tehran threatening to resume higher uranium enrichment. The tensions come a year after President Donald Trump withdrew from Iran's 2015 nuclear accord with world powers and restored crippling sanctions.

  • Trump says tariffs making companies leave China, a deal can't be '50-50'
    Business
    Reuters

    Trump says tariffs making companies leave China, a deal can't be '50-50'

    In an interview with Fox News Channel recorded last week and aired on Sunday night, Trump said that the United States and China "had a very strong deal, we had a good deal, and they changed it. Trump took the step after China soured the negotiations by seeking major changes to a deal that U.S. officials said had been largely agreed. Since then, China has struck a sterner tone in its rhetoric, suggesting that a resumption of talks aimed at ending the 10-month trade war between the world's two largest economies was unlikely to happen soon.

  • Swiss Set to Back Tax Reform, Gun Control in Sunday Referendums
    World
    Bloomberg

    Swiss Set to Back Tax Reform, Gun Control in Sunday Referendums

    The new tax regime would replace special tax breaks that multinational companies now enjoy but which Switzerland is forced to do away with to comply with international rules. While Switzerland isn’t a member of the EU, it is in the open-border Schengen area and therefore the law needs to be changed in accordance with stricter rules in the bloc. Both measures are up for a vote because of Switzerland’s system of direct democracy which calls for mandatory referendums if 50,000 votes are collected within 100 days of a law passing.

  • Elizabeth Warren has a plan to fix everything, even our sad love lives
    Politics
    Mashable

    Elizabeth Warren has a plan to fix everything, even our sad love lives

    Elizabeth Warren is all about making plans, and she's bringing her expert policy-making skills to social media.The 2020 presidential candidate has plans to forgive student debt, rebuild the middle class, and even end the opioid crisis. But she's also open to helping people navigate their tricky love lives.On Saturday, comedian Ashley Nicole Black asked her 88,000 followers if they thought Warren had a plan to fix her love life. On Sunday, Warren, queen of policies, unexpectedly replied to the tweet directly."DM me and let's figure this out," Warren tweeted. Simply iconic. DM me and let's figure this out. -- Elizabeth Warren (@ewarren) May 19, 2019SEE ALSO: Elizabeth Warren takes a 'hard pass' on Fox News town hallBlack was absolutely shook upon receiving Warren's response, and she tweeted a screenshot of the exchange, along with the words, "I am deceased. And ready to welcome new love in my life. And then get our new pres elected. ~~~~ shehasaplan" We stan a Queen. Nay, a PRESIDENT. https://t.co/WIPCbUzWNJ -- Ashley Nicole Black (@ashleyn1cole) May 19, 2019Other Twitter users were equally impressed by Warren's hilarious tweet, and digitally bowed down to the Democratic candidate by showering her with praise. Welp, she did it. Elizabeth Warren just won the presidency. Give her the White House, the Iron Throne, a Nobel prize, a pony, whatever she wants. pic.twitter.com/AlKOC9oFDy -- Chuck Wendig (@ChuckWendig) May 19, 2019 This is the most magical thing I've ever seen happen on this website or anywhere -- Katie MacBride (@msmacb) May 19, 2019 How effin' awesome is this?! A POTUS with a heart, a mind, a sense of humor and two X chromosomes. Yes! We are so ready for this! ElizabethWarren Warren2020 -- Annie Fox (@Annie_Fox) May 19, 2019 All hail.... pic.twitter.com/RCNOy0SzMp -- Isaac Butler (@parabasis) May 19, 2019 This is the kind of leadership I want for this nation pic.twitter.com/3aVFYd88ki -- Karen Kilgariff (@KarenKilgariff) May 19, 2019 First, this is hilarious. Second, if you give folks student loan debt relief, some help with higher wages and access to affordable housing and daycare, all those things give space to actually wanna go on dates and make it possible to build a family. So she kinda does have a plan! https://t.co/Nrs0w74xiJ -- Brittney Cooper (@ProfessorCrunk) May 19, 2019 She has a plan for EVERYTHING! https://t.co/0fsaqJAuQD -- Jenny Han (@jennyhan) May 19, 2019 Whoever says women candidates aren't relatable or likeable or funny is nuts. I adore this woman. https://t.co/AJtlEhbRiR -- Belle Resists (@BelleResist) May 19, 2019Many were well aware Warren has established herself as the 2020 election's Sam from Holes by saying "I can fix that" in the face of any challenge. But to see her keeping things light, acknowledging, and extending her own strong policy plans to social media was a delight.Warren, the American people stan you giving relationship advice, but can you please make it public next time so we can all benefit? Thanks. WATCH: Beto O'Rourke announces $5 trillion climate crisis plan

  • This Missile Might be the U.S. Navy's Most Important Weapon in Decades
    World
    The National Interest

    This Missile Might be the U.S. Navy's Most Important Weapon in Decades

    The Tomahawk and its controversies might make headlines, but as the U.S. Navy re-arms for high-tech warfare, the SM-6 is the missile to watch.The U.S. Navy in late January 2019 confirmed the designation of its newest cruise missile, in the process clarifying its long-term plan for arming its growing fleet of warships.The plan heavily leans on one missile, in particular. It's the SM-6, an anti-aircraft weapon that quickly is evolving to perform almost every role the Navy assigns to a missile.(This first appeared earlier in the year.)The Navy dubbed the newest version of the venerable Tomahawk cruise missile the "Block V" model, Jane's reported. There are two separate variants of the Block V missile, one with an anti-ship warhead and another with a warhead the Navy optimized for striking targets on land.Raytheon's Tomahawk has been the subject of controversy in Washington, D.C. In order to save money the Obama administration wanted to pause production of the long-range missile, which since the 1980s has been the Navy's main weapon for striking land targets from the sea.Congress overruled the Obama administration and continued buying Tomahawks for roughly $1 million apiece, adding potentially hundreds of the missiles to the thousands the fleet already possesses.

  • Thousands protest strict Alabama abortion law
    News
    AFP

    Thousands protest strict Alabama abortion law

    Thousands took to the streets in the southern US state of Alabama on Sunday to rally against the nation's most restrictive bans on abortions in decades. Around 500 women's reproductive rights defenders gathered in state capital Montgomery, while in the cities of Birmingham, Anniston, Huntsville and Mobile around 3,000 more joined in denouncing the "Alabama Human Life Protection Act," local media reported. The act, known as HB314, virtually outlaws terminations of pregnancy.

  • Modi’s jobs deficit: J&J’s largest India plant idle three years after completion
    Business
    Reuters

    Modi’s jobs deficit: J&J’s largest India plant idle three years after completion

    It was to eventually employ at least 1,500 people and help bring development to a rural area near Hyderabad in southern India. Two sources familiar with J&J's operations in India and one state government official told Reuters production at the plant, at Penjerla in Telangana state, never began because of a slowing in the growth in demand for the products. One of them said that demand didn’t rise as expected because of two shock policy moves by Prime Minister Narendra Modi: a late 2016 ban on then circulating high-value currency notes, and the nationwide introduction of a goods and services tax (GST) in 2017.

  • Brienne of Tarth: from love triangles to knighthood, what's next for Game of Thrones' strongest female?
    Entertainment
    The Telegraph

    Brienne of Tarth: from love triangles to knighthood, what's next for Game of Thrones' strongest female?

    I’m just going to put it out there – Brienne of Tarth, or rather Ser Brienne of Tarth, is a feminist icon. Not only does she rise above being rejected – if not resented – for her pragmatic and perfectionist approach to fighting, simply for being a woman, but she fails to falter as one of the most loyal, honest and determined women in Westeros. By the Seven Kingdoms’ patriarchal standards, she simply doesn’t fit in. And is regularly belittled by inferior swordsmen who feel they should remind her. Not that being underrated has got in the way of her defeating the likes Loras Tyrell or The Hound (two of the greatest fighters in the realm). With the final episode of Game of Thrones season 8 done and dusted, here is everything you need to know about Brienne of Tarth’s incredible story: Who is Brienne of Tarth? Brienne Tarth, commonly called Brienne of Tarth after her island home, is the only living child and heir of Lord Selwyn Tarth, Lord of Evenfall and head of House Tarth on the island of Tarth, located in the Narrow Sea off the coast of the Stormlands By Westerosi standards she is unusually tall and muscular for a woman (therefore sometimes pejoratively referred to as Brienne the Beauty) but used her differences to her advantage by practicing martial activity from a young age. Brienne was introduced in series two as a dedicated member of Renly Baratheon’s Kingsguard. His subsequent slaying at the hand of Melisandre’s smoke demon instigated a calamity of errors which turned her dream (of becoming a knight) into a nightmare (killing her fellow Kingsguard in self defence). She then fled the camp to avoid being blamed for Renly’s death, swore her sword to Catelyn Stark, and eventually escorted hostage Jaime Lannister back to King’s Landing – their antagonism developing into an unexpected friendship. Brienne of Tarth, left, battles with Sandor "The Hound" Clegane in season 5 Following the Red Wedding’s tragic murder of Catelyn Stark (and – well – the majority of our favourite characters), Brienne transferred her oath of protection to the dead woman’s children. From here on, Westeros' strongest Lady found herself stuck in a messy love triangle. Wildling - and fellow almost-giant - Tormund Giantsbane fell for Brienne the moment he met her and dreamed about having 'giant babies' who would take over the world. Sadly for many Trienne/Bormund fans, Brienne fell for someone a little more unexpected.  A long-burgeoning romance between Jaime and Brienne blossomed after season eight's Battle of Winterfell. In one of the cringiest sex scenes fallouts to date, Brienne lost her virginity to the kingslayer only to be abandoned, hours later, when Jaime decided to flee back to his twincestual sister in Kings Landing. His death, albeit in Cersei's arms, was exactly what Brienne fans were hoping for.  The Raven newsletter in-article Who is Gwendoline Christie who plays her? Gwendoline Christie was born on October 28, 1978 in Worthing, West Sussex and made her TV debut in the second season’s third episode in April 2012. She is just under 6ft 4in tall. Starting off as a theatre actress, Christie’s collective playbill includes performances as the Queen in Shakespeare’s Cymbeline (alongside Tom Hiddleston) and Mag Wildwood in Breakfast at Tiffany’s. In 2015, Christie played Commander Lyme in the final film in The Hunger Games series, The Hunger Games: Mockingjay – Part 2. In the same year, Christie co-starred in Star Wars: The Force Awakens, as Captain Phasma, one of the film’s main antagonists. She reprised the role in 2017’s Star Wars: The Last Jedi.  She also plays Teresa in upcoming film The Friend, a drama from Blackfish director Gabriela Cowperthwaite, starring Casey Affleck, Dakota Johnson and Jason Segel. Since early 2013, Christie has been in a relationship with fashion designer Giles Deacon. British actress Gwendoline Christie  Credit:  AFP What’s happened to Brienne so far in Game of Thrones? Season 2 Brienne joins King Renly Baratheon’s forces in the War of the Five Kings, proving herself by winning a tournament amongst his men, including a victory over Renly’s favorite/love interest Ser Loras Tyrell. She asks to be named to his Kingsguard as a reward, which Renly does, despite her gender and consequent lack of knighthood. Brienne guards Renly during an unsuccessful meeting with his brother, King Stannis Baratheon, and is devastated at witnessing his death at the hands of a shadow demon with the likeness of Stannis. At Robb Stark’s camp Catelyn Stark decides to free captive Jaime Lannister in an attempt to exchange him for her two daughters, who she believes are both being held hostage in King’s Landing. She orders Brienne to smuggle Jaime from the camp and deliver him to King’s Landing in order to secure the safety of her daughters.  Jaime vows to return Sansa and Arya Stark to Catelyn in exchange for his return. Season 3 In the Riverlands, Jaime and Brienne are captured by Bolton soldiers. He dissuades them from raping Brienne by claiming her father will pay them her weight in sapphires as a ransom, provided she is unharmed, but their leader Locke cuts off Jaime’s sword hand when he tries to bargain for his own release. Brienne and Jaime are taken to Harrenhal, where Jaime reveals to Brienne that he killed the Mad King Aerys II Targaryen to stop him from burning King’s Landing.  Lord Bolton allows Jaime to leave for King’s Landing, but decides to keep Brienne in Harrenhal for abetting treason, in spite of Jaime’s protests. Jaime compels his escorts to return to save her. Jaime and Brienne arrive at the gates of the Red Keep.  How Game of Thrones characters look in the show vs how they look in the books Season 4 Several weeks after their return, Brienne visits Margaery Tyrell. After enduring Olenna Tyrell’s comments regarding her appearance and her gratitude for putting Loras Tyrell in his place, Brienne and Margaery slip off to discuss Renly’s assassination. Brienne explains what she saw and how the shadow had Stannis’ face. She assures Margaery that she will find a way to avenge their king.  Brienne cannot now return Sansa to Catelyn Stark, since murdered by the Freys. Jaime argues that Sansa (now married to Tyrion) is safer staying in King’s Landing. Brienne attends King Joffrey Baratheon's wedding to Margaery Tyrell, and witnesses his death by poisoning.  After Jaime's brother Tyrion is accused of the murder, Jaime gives Brienne a Valyrian steel sword, which Brienne names “Oathkeeper”, in order to find Sansa and take her to safety. He also gives her Tyrion’s former squire Podrick Payne, whose life is in danger after being coerced to offer false testimony against Tyrion. On their way through the Riverlands, the two learn that Arya is alive, and decide to travel to the Vale, as they suspect she is being sheltered by her aunt Lysa Arryn. Brienne encounters Arya in the Vale, being escorted by Sandor “The Hound” Clegane. When Arya refuses to go with Brienne, she and the Hound fight, culminating in Brienne forcing him off a cliff and apparently dealing him a mortal wound. Season 5 Despite their failure to retrieve Arya, Podrick wishes to remain with Brienne as her squire in order to find Sansa. While dining at an inn, Podrick identifies Sansa Stark sitting with Petyr Baelish. Brienne approaches them and reveals to Sansa that she swore an oath to her mother to keep her safe. Sansa refuses to respond and Brienne, realising that she is in danger from Baelish, flees with his guards in pursuit. Undeterred, she later follows Sansa to the ancestral Stark stronghold of Winterfell, where she has been wed to Roose Bolton’s sadistic son Ramsay. Staying in the nearby town, Brienne manages to have a message smuggled into Winterfell, instructing Sansa how to signal if she is in need of help. Sansa eventually manages to escape the room where Ramsay has kept her captive, while the Boltons are preparing to battle Stannis’ approaching forces. However, Brienne left to find and kill Stannis (having sworn to avenge his brother Renly’s death) before she could see Sansa’s signal. Brienne finds Stannis gravely wounded in the aftermath of the battle and, after he confesses to his role in Renly’s death, she executes him, telling him she is doing so in the name of the rightful king – Renly. Season 6 Podrick, Sansa and Brienne of Tarth in season 6 With Stannis dead, Brienne and Podrick continue their search for Sansa. Eventually, they manage to find Sansa and Theon Greyjoy apprehended by a Bolton hunting party. Brienne kills the soldiers and once again offers her services to Sansa, who readily agrees this time. Brienne reveals to Sansa that Arya is still alive, although her whereabouts are unknown. Brienne, Podrick, and Sansa journey on to Castle Black (Theon having returned to the Iron Islands), where Sansa’s half-brother Jon Snow has just resigned as Lord Commander.  Brienne and Podrick travel to Riverrun to deliver a letter from Sansa Stark to her great-uncle Brynden “Blackfish” Tully. (Sansa is seeking reinforcements for her campaign to retake Winterfell from the Boltons.) Upon arriving, they discover that the Lannisters and Freys are besieging the castle. Jaime and Brienne meet discreetly in a tent and she tells Jaime that she has come to secure Brynden’s help. She convinces Jaime to let her negotiate with the Blackfish so that Brynden and his men can leave the castle at night to travel to Winterfell. Before she leaves she points out that, if she is unsuccessful, she will be compelled by honor (to Sansa’s family) to fight against Jaime. Jaime voices his hope that it doesn’t come to that.  Brienne fails to convince the Blackfish but, in the end, the castle is taken with him as the only casualty. Just before he goes off to meet his death, Blackfish puts Brienne and Podrick into a rowboat in a secret escape tunnel. As Brienne and Podrick row quietly away in the dawn, Jaime sees her from the castle. She meets his gaze as they both wave a quiet farewell. Season 7 Tormund's loving glares at Brienne On their return to Winterfell, Brienne and Podrick are met by the aftermath of the Battle of the Bastards. When Jon Snow announces that he expects women to be trained for the coming war with the undead, Brienne smiles. While tutoring Podrick in the courtyard, wildling Tormund Giantsbane tries to steal her attention but is rebuffed. When Jon announces Sansa’s control of the North (at least during his trip to visit Daenerys in Dragonstone), Brienne again warms at the opportunity for women to seize power. Some time later, Arya – who has recently returned to her home of Winterfell – challenges Brienne to a spar. The fight is intense and equally matched; they eventually reach a respectful stalemate. When King’s Landing calls for a collective parley, Sansa sends Brienne to represent the North. She arrives – with Podrick – and is stunned to discover that Sandor Clegane is alive and well, even siding with the North. She remains quiet, under Jon's canopy, during the tense negotiations. GOT What happens next no-reg Season 8 Back in Winterfell, Brienne's big moments (which we can only hope continue) begin by speaking out on Jaime Lannister's behalf at his makeshift trial in the Great Hall. When he later asks to serve under her command in the Battle of Winterfell, she accepts. Later, Brienne and Podrick join the Lannister brothers and Tormund for wine and conversation soon turns to her rank as a woman. When Tormund tells her he would knight her ten times over if he was a king, Jaime knights her himself. Celebrations are cut short when three horn blasts mark the arrival of the White Walkers. She survives the Battle of Winterfell, doing much of her hoard-hacking at Jaime's side. In a state of shock and celebration, she decides to mark her survivial by losing her virginity to Jaime. Her heart is unceremoniously broken, as soon as it possibly could be, when she finds Jaime leaving Winterfell in the middle of the night to return to Cersei.  Following the capital's destruction and Daenerys' murder, Brienne returns with many Great House leaders to take control and nominate Bran as King. After updating the chronicles of the Kingslayer in the Kingsguard's White Book, she joins the new King's small council as the only female player. Game of Thrones Season 8 | Latest news    Catch up on Game of Thrones season 1-8 now with a 7 day free trial with NOW TV.

  • Blast hits Egypt tourist bus, 17 injured: security, medical sources
    World
    AFP

    Blast hits Egypt tourist bus, 17 injured: security, medical sources

    An explosion struck a tourist bus on Sunday near Egypt's famed pyramids, injuring 17 people including foreigners, security and medical sources said. South Africans and Egyptians were among those injured when an explosive device went off, hitting the bus in Giza, according to the sources. Sunday's incident comes after three Vietnamese holidaymakers and their Egyptian guide were killed when a roadside bomb hit their bus as it travelled near the pyramids outside Cairo in December.

  • The Latest: Saudi Arabia won't hesitate to defend itself
    World
    Associated Press

    The Latest: Saudi Arabia won't hesitate to defend itself

    DUBAI, United Arab Emirates (AP) — The latest on developments in the Persian Gulf region and elsewhere in the Mideast amid heightened tensions between the U.S. and Iran (all times local):

  • Lifestyle
    BGR News

    Anker’s true wireless earbuds fix everything wrong with the other brands’, and they’re down to $45 today

    The Soundcore Liberty Neo Truly-Wireless Earbuds by Anker are a tremendous value at their full retail price of $65, especially when you consider the fact that they improve upon Apple's $159 AirPods in every conceivable way. The graphene drivers produce better sound and deeper bass, the silicone tips fit better in your ears, and the IPX5 rating provides better water-resistance. They're among the best cord-free earbuds we've ever tested in this price range, and they just dropped to an all-time low of $44.99! Definitely pick up a pair before this excellent deal is done.Here are the bullet points from the product page: * Breathtaking Sound: Exceptional clarity delivered via Graphene drivers with deep, resonant bass. * Smaller & Lighter: Each bud weighs only 0.2 oz for incredible comfort and seamless sound that sits effortlessly in your ears. * 12-Hour Playtime: Get 3.5 hours' playtime from a single charge and 9 extra hours in the compact charging case. * Ultra-Fast Pairing: Push and Go Technology simplifies the setup: process so the last-paired device automatically connects on startup. * IPX5 Protection: Resists liquids for workouts in the sun or songs in the rain. * Hand-Free Calls: A built-in microphone ensures easy on-the-go phone calls.

  • PHOTOS: Gun attack at bar in Brazil
    World
    Yahoo News Photo Staff

    PHOTOS: Gun attack at bar in Brazil

    A gang of gunmen reportedly attacked a bar in the capital of Brazil's northern Pará state Sunday afternoon, and authorities said 11 people were killed.The state security agency confirmed late Sunday only that six women and five men died in the incident in the Guamá neighborhood of the Pará state capital, Belém.The G1 news website said police reported that seven gunmen were involved in the attack, which also wounded one person. The news outlet said the attackers arrived at the bar on one motorcycle and in three cars.In late March, the federal government sent National Guard troops to Belém to reinforce security in the city for 90 days.Brazil hit a record high of 64,000 homicides in 2017, 70% of which were due to firearms, according to official statistics.Much of Brazil's violence is gang related. In January, gangs attacked across Fortaleza, bringing that city to a standstill with as commerce, buses and taxis shut down. (AP)See more news-related photo galleries and follow us on Yahoo News Photo Twitter and Tumblr.

  • F-16 fighter jet crashes into warehouse near March Air Reserve Base in California
    News
    USA TODAY

    F-16 fighter jet crashes into warehouse near March Air Reserve Base in California

    The crash happened as the pilot was landing following a routine training mission, March Air Reserve Base Deputy Fire Chief Timothy Holliday said.

  • Alabama rape victim speaks out against anti-abortion bill
    Politics
    AFP

    Alabama rape victim speaks out against anti-abortion bill

    After being raped by a co-worker two years ago, Samantha Blakely had an abortion. The 25-year-old Blakely is among women speaking out after the conservative southern US state adopted the toughest anti-abortion legislation in the country. The Alabama bill, which takes effect in November unless it is blocked in the courts, places a near-total ban on ending a pregnancy, even in cases of rape and incest.

  • Business
    Reuters

    Face ID firm Lumentum follows Google with Huawei ban

    Apple Face ID parts supplier Lumentum Holdings Inc followed Google on Monday in clamping down on the business it does with Huawei Technologies, after U.S. President Donald Trump imposed a ban on the Chinese firm on national security grounds. A source told Reuters on Sunday that Google had suspended business with Huawei that requires the transfer of hardware, software and technical services, except those publicly available via open source licensing. While most U.S. suppliers have yet to issue statements on their position on the Huawei ban, Bloomberg reported that Intel Corp, Qualcomm Inc, Xilinx Inc and Broadcom Inc have all now told their employees they will not supply Huawei until further notice.

  • Sig Sauer vs. Glock vs. Every Other Gun: Who Really Makes the Best Guns?
    News
    The National Interest

    Sig Sauer vs. Glock vs. Every Other Gun: Who Really Makes the Best Guns?

    The company’s Model 1 handgun was purchased privately by soldiers on both sides of the U.S. Civil War, while the heavier Schofield revolver was carried by postwar U.S. cavalrymen. America’s prolific firearms industry means that choosing the top five manufacturers is no easy task. While boutique handgun builders may produce some very fine pieces, quantity has a quality all its own, and several companies ship hundreds of thousands of handguns a year. Like the auto industry, some of the best handguns come from foreign manufacturers. Here are the five best handgun manufacturers.(This article first appeared in 2017 and is being republished due to reader interest).GlockGaston Glock’s initial attempt to build a handgun for the Austrian military has exploded into an international empire, all the more amazing considering that it was built solely on handguns. From the original Glock 17, the company now offers twenty-six handguns on the U.S. market in calibers from .380 Auto to .45 G.A.P. The company’s simple emphasis on lightweight, slim-profile, “pointable” pistols was a recipe for success, impressing first-time shooters with their ease of use and longtime shooters with their reliability and accuracy. For all of the variety, Glock’s handguns are strikingly similar to one another, demonstrating that Glock won’t fix what isn’t broken.

  • Kashmir group seeks UN probe into torture by India troops
    World
    Associated Press

    Kashmir group seeks UN probe into torture by India troops

    SRINAGAR, India (AP) — A prominent rights group in Indian-controlled Kashmir is advocating for the United Nations to establish a commission of inquiry to investigate what it calls the endemic use of torture by government forces amid a decades-long anti-India uprising in the disputed region.

  • Elon Musk: Tesla needs to cut costs or it will run out of money in 10 months
    Business
    BGR News

    Elon Musk: Tesla needs to cut costs or it will run out of money in 10 months

    Defying skeptics, Tesla during the September quarter of 2018 actually managed to turn a profit of $312 million thanks to strong demand for the mass market Model 3. Tesla's profits for the quarter were far from staggering, but it nonetheless instilled faith that the electric automaker was on a path towards financial viability.Just a few months later, the narrative surrounding Tesla has drastically shifted. When the company last month released its earnings report for the March quarter, it posted a quarterly loss of $702 million. That said, it's worth noting that production, deliveries, and demand for Tesla vehicles have all grown at an impressive clip over the past many months. As an illustrative example, Tesla during Q1 of 2019 manufactured 77,100 vehicles, a figure which well more than double the amount it manufactured during the same quarter in 2018.Nonetheless, Tesla continues to burn through money at an alarming rate. So much so, in fact, that Tesla CEO Elon Musk recently sent an email (obtained via Electrek) wherein the Tesla CEO explained that the company -- which has approximately $2.2 billion in cash on hand -- may not have enough cash to last beyond a period of 10 months."This is a lot of money," Musk said, "but actually only gives us about 10 months at the Q1 burn rate to achieve breakeven!"Consequently, Musk explained that the company will be taking a much closer look at employee expenses as it pertains to "parts, salary, travel expenses, and rent."Musk conceded that the soon to be implemented cost-cutting measures are "hardcore," adding that it's the "only way for Tesla to become financially sustainable and succeed in our goal of helping make the world environmentally sustainable."This isn't the first time Musk has rung the alarm bells about drastically cutting costs, but it remains to be seen what the company can do within a 10-month timeframe.

  • Saudi Arabia calls urgent Gulf, Arab League meetings over tensions
    World
    AFP

    Saudi Arabia calls urgent Gulf, Arab League meetings over tensions

    Saudi Arabia has called for urgent meetings of the regional Gulf Cooperation Council and the Arab League to discuss escalating tensions in the Gulf, the Saudi official news agency said on Saturday. The Saudi Press Agency said King Salman had invited Gulf leaders and Arab states to two emergency summits in Mecca on May 30 to discuss recent "aggressions and their consequences" in the region.

  • Borrowing from your 401(k) is easy. But should you really break open that piggy bank?
    Business
    USA TODAY

    Borrowing from your 401(k) is easy. But should you really break open that piggy bank?

    Nearly 3 in 10 Americans dip into retirement savings, says Transamerica. It pays for higher education, lowering debt and covering medical costs.

  • Chips are down: Huawei U.S. blacklisting knocks semiconductor stocks
    Business
    Reuters

    Chips are down: Huawei U.S. blacklisting knocks semiconductor stocks

    U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. The selling came after Nikkei Asian Review reported that Infineon had halted shipments to Huawei after Washington added the world's No. 2 smartphone maker to a trade blacklist last week, imposing restrictions that will make it difficult to do business with U.S. companies. Reuters reported that Alphabet Inc's Google had suspended some business with Huawei and Lumentum Holdings Inc, seen as a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.

  • News
    Associated Press

    The Latest: Capital murder charge filed in police shooting

    AUBURN, Ala. (AP) — The Latest on shootings of police officers in Auburn, Alabama (all times local):