World News Live

Elon Musk Tweets Tesla Self-Driving Rollout Could Take A Couple Of Months; Stock Falls

Elon Musk said Tesla is tweaking its self-driving software. Tesla Inc’s top boss Elon Musk said Tesla is tweaking its self-driving software to eliminate a phantom braking problem and may release a significantly improved version within the next two to three weeks. Tesla shares fell 2.7% to $600.42 in morning trade, headed for a third […]

Business

Rupee falls 17 paise to 73.51 against US dollar in early trade

MUMBAI: The Indian rupee slumped 17 paise to 73.51 against the US dollar in opening trade on Wednesday tracking weak domestic equities and strong American currency. Forex traders said investors are awaiting cues from the US CPI and domestic inflation and IIP numbers. Besides, concerns over rising Covid-19 cases also weighed on sentiment. At the […]

World News Live

US birth rate falls to lowest point in more than a century

The U.S. birth rate fell 4 per cent last year, the largest single-year decrease in nearly 50 years, according to a government report being released Wednesday. The rate dropped for moms of every major race and ethnicity, and in nearly age group, falling to the lowest point since federal health officials started tracking it more […]

Business

Volkswagen Under S.E.C. Scrutiny After Gag Falls Flat

Volkswagen’s American unit was only kidding when it put out the word late in March that it was changing its name to “Voltswagen” to show its commitment to electric vehicles. To say the April Fool’s joke didn’t land is an understatement. Now the misfired marketing gag has prompted an inquiry by the Securities and Exchange […]

Economy

Mortgage demand falls even as interest rates drop

Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images Lower mortgage rates are not prompting homeowners or potential homebuyers to contact […]

Business

Oil falls for second day as India’s Covid-19 surge to dent fuel demand

MELBOURNE: Oil prices fell for a second day on Wednesday on concerns that soaring Covid-19 cases in India will drive down fuel demand in the world’s third biggest oil importer. Brent crude futures for June fell 52 cents, or 0.8%, to $66.05 a barrel at 7:27 am, after dropping 48 cents on Tuesday. US West […]

Business

Exports jump 60% in March; falls over 7% to $290 billion in FY21

NEW DELHI: The country’s exports jumped by 60.29 per cent to $34.45 billion in March even as the outbound shipments contracted by 7.26 per cent during the full 2020-21 fiscal to $290.63 billion. Imports too grew by 53.74 per cent to $48.38 billion in March, but dipped by 18 per cent to $389.18 billion during […]

Sports

Night of 11 aces — Shane Bieber-Lucas Giolito doesn’t disappoint; Blake Snell falls apart

We can call Tuesday night the “Night of the 11 Aces,” which may refer to the time Uncle Bob won all the money at family poker night, but on this evening refers to the unusual gift of seeing 11 legitimate preseason Cy Young candidates all starting. The marquee matchup was the American League Central showdown […]

World News Live

Number of Unaccompanied Migrant Children in US Customs and Border Protection Custody Falls 45%

The number of unaccompanied minors in US Customs and Border Protection custody, akin to jail-like conditions, has dropped 45%, according to the latest government data, amid an ongoing effort by the Biden administration to find suitable spaces to accommodate kids after facing scrutiny for overcrowded facilities. As of Sunday, there were 3,130 children in the […]

Sports

Justin Thomas implodes after delay, falls out of contention in Masters

AUGUSTA, Ga. — A dangerous weather situation that caused the evacuation of Augusta National and was followed by a brief period of heavy rain was all it took to throw Justin Thomas off his game and out of contention at the Masters. Things were going quite well for Thomas before weather intervened. Afterward, it just […]